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Start-ups on global acquisition spree

Seems to reflect a maturing of the segment; Delhi-based Wingify buys US-based entity a day after Zomato's Polish buyout

While technology start-ups in the country rejoice at the acquisition of a young software firm,  ThinkPad, by internet giant Yahoo earlier this week, two other Indian start-ups have gone ahead and made global buyouts, reflecting a maturity setting into the system. Delhi-based website performance testing start-up Wingify said on Wednesday it had acquired US-based Concept Feedback, a community platform of user experience experts, for an undisclosed amount. The announcement came a day after Zomato announced its acquisition of Poland’s Gastronauci. The size of the two ...