#TodayDeals: Times Internet Acquires Video Platform MX Player, Temasek to Invest $250M in IT ...

Acquisitions

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UST Global, a digital transformation solutions company, has raised $250 million from Singapore’s sovereign wealth fund Temasek and marked its entry into unicorn club.SoftBank-backed adtech firm InMobi is in talks to serve ads on Microsoft’s search engine Bing globally as the technology company looks to increase its market shareFacebook is ending a program launched in 2014 to build a fleet of solar-powered Aquila drones that could deliver internet to underserved areas of the world.Ltd, which sells healthy snack bars under the brand name Eat Anytime, has raised $500,000 (Rs 3.43 crore) in seed funding from early-stage investment firm Sprout Venture Partners and a few high-net-worth individuals, reported VCCircle.Bus aggregation platform Shuttl is set to raise $11 million (around Rs 76 crore) in a fresh round of funding from a clutch of investors including Amazon, reported VCCircle.

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