<article>Info Edge (India) Ltd has acquired discovery platform AmbitionBox while Simulanis has raised an undisclosed amount in pre-Series A round of funding.</article>

Info Edge (India) Ltd has acquired discovery platform AmbitionBox while Simulanis has raised an undisclosed amount in pre-Series A round of funding.
<h3>Info Edge acquires discovery platform AmbitionBox</h3>
<a style="color: #000080;" href="http://www.dealstreetasia.com/?s=info+edge" target="_blank">Info Edge (India) Ltd</a> — the parent company of Naukri.com, 99acres.com and Jeevansaathi.com  — has acquired discovery platform AmbitionBox for an undisclosed amount.
&#8220;AmbitionBox enriches a job-seeker&#8217;s journey and helps them make an informed choice. This ties into our core purpose of connecting job-seekers to jobs and companies which are relevant and the right match for them,&#8221; said Hitesh Oberoi, co-promoter, MD and CEO, Info Edge.
In the deal, Info Edge has bought over the domain, content and business of AmbitionBox, and Mayur Mundada and Subramanya T H, founders of AmbitionBox, joined Info Edge to develop the site further with the help of Naukri resources, according to a press note.
Navi Mumbai-based AmbitionBox is a two-year-old company. It assists job-seekers with company reviews, company information, interview tips and advice.
<h3>Simulanis gets pre-Series A funding from Village Capital, others</h3>
Simulanis, a Delhi-based augmented reality and virtual reality (AR-VR) technology development company, has raised an undisclosed amount in pre-Series A round from <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Village+Capital" target="_blank">Village Capital</a> and a group of angels.
According to an <a style="color: #000080;" href="http://bwdisrupt.businessworld.in/article/Simulanis-Raises-Pre-Series-A-Funding-from-Village-Capital-and-a-Group-of-Angel-Investors-/13-04-2017-116284/" target="_blank">article</a> in Business World, the angel investors include Pawanjit Ahluwalia, chairman, India Skills; Apurva Chamaria, VP and head, corporate marketing, HCL Technologies and Mridul Upreti, CEO, Segregated Funds Group – Jones Lang LaSalle.
The company will use the funds for expanding its sales team.
Simulanis, which creates e-learning, skills development, and gamified content, has developed hardware agnostic, gamified, mobile and computer training applications for the education, skilling and industrial training sectors.
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Info Edge (India) Ltd has acquired discovery platform AmbitionBox while Simulanis has raised an undisclosed amount in pre-Series A round of funding.

India Dealbook: Info Edge buys AmbitionBox; Simulanis raises funding

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India Dealbook: Info Edge buys AmbitionBox; Simulanis raises funding

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