According to WSJ, the German state-owned postal service Deutsche Post AG has acquired nugg.ad AG, Europe’s largest targeted online ad platform. Deutsche Post delivers about 70 million letters a day will start selling online advertising. I had never imagined a postal service could move into online ad space, clearly shows there should be no limits when ideating.
Yesterday we announced Rajesh Jain‘s Netcore taking a majority stake in Greynium. Online media portals were quick to carry them, Read more on Greynium/Oneindia.in/Click.in acquisition: My Thoughts…
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NetCore Solutions Pvt Ltd has acquired majority in Greynium Information Technologies Pvt Ltd. Terms of the deal were not disclosed. NetCore’s founder and Managing Director, Rajesh Jain, had earlier invested in Greynium through his personal venture capital fund, Emergic Venture Capital.