Twitter acquires Bangalore based company Zipdial

Twitter aquire ZipdialSocial networking giant Twitter has acquired Indian “missed call’ service ZipDial, a Bangalore-based mobile VAS company.

Zipdial came into prominence with its implementation of missed calls for user verification, alerts and other use cases.

Twitter, the microblogging firm is all set to expand its presence in one of world’s largest Internet markets.

Market Director of Twitter for India & Southeast Asia – Rishi Jaitly shared the news through a blog post. “On behalf of our India operations, I’m delighted to welcome ZipDial’s leadership, employees and a new office in Bangalore to the spirited team that is @TwitterIndia,” he said.

ZipDial offers services like missed calls for user verification, alerts and other use cases. While the deal size was not disclosed, according to reports is it pegged at about $30 million.

Valerie Wagoner, Founder and CEO, Zipdial said, “We have a office in Bangalore, which will become the base of Twitter’s research and development in India.”

More about Zipdial-

ZipDial was founded in 2010 by Valerie Wagoner and Amiya Pathak.

Zipdial’s mobile platform enables people to follow and engage with content across interfaces, combining SMS, voice, mobile web, and access to mobile apps to bridge users from offline to online.

ZipDial’s platform has involved nearly 60 million users with hundreds of marketer clients, including leading brands and media companies, including Procter & Gamble, Cadbury, Unilever, Colgate, Disney, KFC, and MakeMyTrip.

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