Bangalore Based Tech Startup Bookpad Gets Acquired By Yahoo For Rs 50 Crore
Online document creation and collaboration software Bookpad has been acquired by Yahoo which makes it the first Indian tech startup to be bought by the U.S. giant. Though Yahoo didn’t disclose the purchase price, two people with direct knowledge of the development said it paid around Rs 50 crore ($8.3 million) for Bookpad. Bookpad are the makers of Docspad, a service aimed at developers looking to add document viewing, annotations…