India Digest: NoBroker buys Society Connect; Titan acquihires HUG Innovations

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Real estate portal NoBroker Tuesday announced that it has acquired society management platform Society Connect in an all cash deal. Separately, Titan Company has acquihired Hyderabad-based technology and wearables firm HUG Innovations.

NoBroker acquires Society Connect

Real estate portal NoBroker Tuesday announced that it has acquired society management platform Society Connect in an all cash deal.

As part of the acquisition, the founders and all the employees of Society Connect will join NoBroker’s visitor and community management app, NoBrokerHood, it said in a statement.

NoBrokerHood was launched in 2019 and is currently deployed by 1000 societies across Bangalore, Mumbai, Pune, Hyderabad, Chennai, and Delhi-NCR. On the other hand, Society Connect claims that over 500 societies are using its platform in Delhi-NCR and adjoining regions.

The acquisition will help NoBroker strengthen its hold in the visitor and community management space.

Titan acquihires HUG Innovations

Titan Company Limited on Tuesday announced it has acquihired Hyderabad-based technology and wearables firm HUG Innovations, per media reports.

The CEO and founder of HUG Innovation Raj Neravati, along with 23 team members had joined Titan in January. They will now be a part of Titan’s Development Centre in Hyderabad.

Concurrently, Titan also announced the launch of ‘Titan Connected X’, a full-touch smart watch with 13 features in the Indian market.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.