India Dealbook: HT Media backs Digiperform; Amazon buys Infosys-backed CloudEndure

Digiperform

Edtech platform Digiperform on Wednesday announced that it has raised $3.6 million from HT Media while Infosys-backed Israeli cloud computing company CloudEndure has been acquired by Amazon.

Digiperform raises $3.6m from HT Media

Delhi-based edtech platform Digiperform on Wednesday announced that it has raised $3.6 million from HT Media, the publisher of Hindustan Times and Mint newspapers.

Digiperform, owned by Digital Performance Media Pvt. Ltd, will use the funds to accelerate its growth in the market and build brand awareness, it said in a statement.

“We are focused on creating highly skilled and efficient manpower to support digital economy in India by offering in-demand, job role-specific curriculum and training,” Digiperform co-founder and chief executive Manu Jolly said.

Founded in 2014, Digiperform offers more than 50 courses in digital marketing. It currently operates 36 centres across the country and plans to open 10 more centres.

Amazon buys Infosys-backed CloudEndure

US e-commerce giant Amazon has acquired Indian IT firm Infosys-backed Israeli cloud computing company CloudEndure, the latter tweeted.

Amazon had routed the acquisition through its cloud services unit AWS. Media reports pegged the deal value at $200-250 million.

“CloudEndure is now an AWS company. This acquisition expands our ability to deliver innovative and flexible migration, disaster recovery and backup solutions,” the Israeli firm said.

CloudEndure was established in 2012 by serial entrepreneurs Ofer Gadish, Ofir Ehrlich, Gil Shai and Leonid Feinberg. Since its inception, it has raised in excess of $18 million from venture capital firms and strategic investors, including Dell Technologies Capital, VMware, Mitsui, Infosys and Magma Venture Partners.