Twitter's first Indian acquisition is reportedly pegged to be around $30-$40 million and increases the company's investment in India - a country where it sees huge potential for growth in the coming years
In its first acquisition in India, San Francisco-based Twitter Inc has acquired its product partner ZipDial -- a Bangalore based mobile marketing and analytics start-up. While financial terms of the transaction were not disclosed, an earlier report carried by technology website TechCrunch, based on anonymous sources, pegged the acquisition at around $30 million to $40 million.