<article><a style="color: #000080;" href="http://online.tatacapital.com/" target="_blank">Tata Capital Innovations Fund (TCIF)</a>, a private equity fund managed by <a style="color: #000080;" href="http://www.tatacapital.com/" target="_blank">Tata Capital</a>, has invested about $5 million in <a style="color: #000080;" href="http://www.alefmobitech.com/" target="_blank">Alef Mobitech Solutions</a>, according to a statement.</article>

<a style="color: #000080;" href="http://online.tatacapital.com/" target="_blank">Tata Capital Innovations Fund (TCIF)</a>, a private equity fund managed by <a style="color: #000080;" href="http://www.tatacapital.com/" target="_blank">Tata Capital</a>, has invested about $5 million in <a style="color: #000080;" href="http://www.alefmobitech.com/" target="_blank">Alef Mobitech Solutions</a>, according to a statement.
Alef Mobitech Solutions is a fully-owned subsidiary of US-based Alef Mobitech Inc, a mobile Internet enhancement company.
The investment will help Alef Mobitech Solutions strengthen its business development, marketing and R&amp;D initiatives to establish a leadership position in the mobile Internet space, the statement said.
&#8220;The consumption of data in general and videos in particular, is increasing exponentially. While smartphones have become ubiquitous, the current mobile technologies available are unable to handle the enormous growth in mobile data,&#8221; said Vineet Chadha, Partner at TCIF.
&#8220;Alef’s solution enhances customer experience on mobile networks by providing rich, high quality mobile content along with superior quality interactions. The Fund liked the strong product domain knowledge of the team and is pleased to participate in Alef Mobitech&#8217;s growth journey,&#8221; Chadha added.
Alef Mobitech Solutions, which has offices in New Jersey, Mumbai and Pune, has pioneered a mobility-cloud interconnect platform and solution suite which enhances user engagement by increasing the relevance and responsiveness of mobile internet applications.
&#8220;Alef is committed and driven to create an enabling ecosystem to bring about transformative changes, poised to significantly impact the trillion dollar Mobile Internet market,&#8221; said Ganesh Sundaram, Founder of Alef Mobitech.
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Tata Capital Innovations Fund, a private equity fund managed by Tata Capital, has invested $5 million in Alef Mobitech Solutions,

India: Tata Capital invests $5m in Alef Mobitech Solutions

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India: Tata Capital invests $5m in Alef Mobitech Solutions

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