<article>IT firm QBurst has sold its subsidiary TenderHut SA while fintech startup SlicePay has acquired Trustio even as Stockroom.io secured pre-Series A funding.</article>

IT firm QBurst has sold its subsidiary TenderHut SA while fintech startup SlicePay has acquired Trustio even as Stockroom.io secured pre-Series A funding.
<h3 style="text-align: justify;">QBurst sells Polish arm to TenderHut</h3>
QBurst Technologies, a Kerala-based IT company, has sold its Poland-based development arm QBurst Poland to TenderHut SA. The deal amount was not disclosed.
According to a statement, the deal will help TenderHut’s development arm, Softwarehut, create the largest IT company in eastern Poland and consolidate the IT market in the region.
&#8220;The takeover makes the TenderHut Group the biggest IT company with headquarters in Bialystok,&#8221; said TenderHut COO Robert Strzelecki.
QBurst Poland provides services that include the development of mobile and web applications, IT infrastructure management, search engine optimisation, cloud applications, business intelligence and analytics. It serves companies in the e-commerce, manufacturing, healthcare, entertainment and financial industries.
<h3 style="text-align: justify;">SlicePay acquires P2P lending platform Trustio</h3>
Fintech company SlicePay has acquired New Delhi-based peer-to-peer lending company Trustio.
As a part of the deal, founders of Trustio will be joining the core team at SlicePay.
Axilor Ventures-backed Trustio provides students and recent graduates a platform for borrowing and lending. The platform acts as a financial security net for users, where they can track their investments and see who is a part of their network.
The acquisition will help SlicePay to enhance its team strength, product capabilities and enrich its data science driven risk engine.
SlicePay was started in 2015 by Rajan Bajaj and Deepak Malhotra. The company provides credit line of up to Rs 60,000 to college students based in Bangalore and Chennai through their proprietary risk mechanism.
<h3 style="text-align: justify;">Hyderabad-based Stockroom.io raises pre-Series A funding</h3>
Stockroom.io, a Hyderabad-based curated platform for developers, has raised an undisclosed amount of funding in pre-Series A round from a couple of investors.
The investors include MANCER Consulting founders Satya D Sinha and Gyanendra Singh, according to <a style="color: #000080;" href="https://inc42.com/flash-feed/stock-io-funding/" target="_blank">report</a> in Inc42.
The company plans to use the money to build SaaS platform based on candidate recommendation system and predictive analytics.
Stockroom was founded by Naren Krishna, Hari Krishna and Ashish Kumar Sahoo in 2015. It provides technical assessment platforms for companies and helps companies filter programmers through its technical assessment platform and hackathons.
In September 2015, the company had raised $70,000 funding.
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<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-dealbook-110-63953/" target="_blank">India Dealbook: Woo acquires US firm Dus; Mumbai Angels backs RegisterMyMarriage</a>

IT firm QBurst sells its subsidiary TenderHut SA while fintech startup SlicePay has acquired Trustio even as Stockroom.io has secured pre-Series A funding.

India Dealbook: QBurst & SlicePay acquisitions; Stockroom gets funding

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India Dealbook: QBurst & SlicePay acquisitions; Stockroom gets funding

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