Bangalore-based Minjar Cloud Solutions has acquired start-up venture Adepto Solutions, which offers a platform to launch customized applications on Facebook and other social media. Adepto had “pivoted” its business from being a social app for e-commerce platform (Trolly) to helping build instant apps under its new service Crowdnub.
The three year old Adepto was part of the Microsoft Accelerator batch in Feb 2013. In 2011, Blume Ventures and Rajiv Dadlani Group had invested about $300,000 (about 1.8 crore) in Adepto Solutions. The investors are likely to get an exit with the transaction.
Source: Economic Times