India Dealbook: NeoStencil acquires TestCafe; Transerve, myUpchar raise funds

India Dealbook: NeoStencil acquires TestCafe; Transerve, myUpchar raise funds

In the latest acquisition deal in the start-ups’ space, Edtech startup NeoStencil India Pvt. Ltd has acquired analytics-based test practice portal TestCafe. Besides, Transerve Technologies has raised $1.6 million in a series A funding round from IL&FS Investment Managers and Omidyar Network, and myUpchar has raised $300,000 in seed funding from a clutch of angel investors.

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