India Dealbook: Ramco picks stake in SmartMegh; SIFTR raises funding from Venture Catalysts

Ramco Systems Ltd has entered into an agreement to acquire 18.93 per cent stake in Chennai-based SmartMegh Solutions Pvt Ltd, according to a stock market disclosure. In a separate development, photo-search platform SIFTR raises $150,000 in seed funding from Venture Catalyst.

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