PE-backed FINO buys Nokia’s prepaid mobile payment services biz in India

Mumbai-based financial inclusion services provider FINO has acquired the prepaid mobile payment business of erstwhile Nokia Mobile Payment Services in India for an undisclosed amount. The acquired firm has been christened Alpha Payment Services India Pvt Ltd, to be headed by Shweta Aprameya. It will...

Team TC

Headland Capital Leads Rs 70Cr Round In ValueFirst Messaging

Headland Capital Partners, earlier known as HSBC Private Equity Asia, is investing Rs 70 crore in Gurgaon-based enterprise mobility and communication services company ValueFirst Messaging Pvt. Ltd. The round has also seen participation from existing investor New Enterprise Associates (NEA)....