Indian Economy News

Kirusa buys Bangalore-based start-up Cooltok

Bangalore: New Jersey-headquartered voice messaging and social media solutions firm Kirusa announced the acquisition of start-up Cooltok for an undisclosed sum.

Cooltok specialises in developing technologies for mobile messaging apps for smartphones.

The six-member Cooltok team, including the founder CEO Sreenivas Karanam and co-founders Prakash Kaja and Thomas Mathew, have already joined Kirusa's office in HSR Layout, Bangalore. Besides the team, Kirusa has acquired all the technology and intellectual property of Cooltok.

“The IP-based technologies that we developed for mobile apps, when combined with the product portfolio of Kirusa and the reach of its partner base across continents, will enable us to address a huge opportunity, going forward,” said Karanam.

Kirusa is associated with over 35 mobile carriers across the globe and its InstVoice app offers seamless telecom messaging.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.