Flipkart joined Tiger Global to back a $7.7m round for the mobile technology developer, which is set to enter the internet of things sector.
India-based mobile technology provider Cube26 has secured $7.7m in a round led by investment firm Tiger Global Management and backed by e-commerce company Flipkart, the Economic Times reported on Monday.
Founded in 2012, Cube26 has developed customisation technology for mobile operating systems, and is also branching out into internet of things products. It has accumulated a range of connected device patents and expects to release a smart light bulb next month.
Describing his company’s mobile technology investments, Nishant Verman, Flipkart’s…
