Monday, December 23

Tag: Startup Acquisition

Knowledge Sharing Platform Vokal Acquires Quizzing App StupidChat
ACQUISITION

Knowledge Sharing Platform Vokal Acquires Quizzing App StupidChat

India's largest peer to peer Knowledge Sharing Platform, Vokal has acquired a social network based quizzing app called StupidChat Technologies in an all-stock deal for an undisclosed amount. Founded in 2017 by Sourav Karmakar and Saheb Roy, StupidChat App is often known as the Uber of Anonymous Social Network that lets users connect with people nearby without disclosing their identity. Post the acquisition, Vokal will use the six-member team to work on the existing products while coming up with daily engagement products for the platform. On the other hand, the StupidChat Team has been assigned responsibilities across product design and technology verticals. Vokal is a knowledge sharing platform committed to bridging Knowledge gap for Indians that don't speak English. It was founde...