Paytm acquires tech startup backed by Flipkart, Tiger Global
Digital payments major Paytm has acquired New Delhi-based Cube26, a tech startup backed by Tiger Global and Flipkart with $7.7 million seed funding in 2015. Founded in 2012 in California by Abhilekh Agarwal, Akash Jain, and Saurav Kumar, Cube26 works in software and machine learning sector. It will reportedly work towards adding social engagement features to Paytm's products and services.