Paytm acquires New Delhi based Cube26

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PaytmFor setting up new features on its application, E-payment giant Paytm has acquired Flipkart backed Cube26.

Cube26 is a tech-based start-up supported by Tiger Global and Flipkart with a funding of over $ 7.7 million in 2015. Cube26 has developed several applications for OEMs and customised Android OS to ensure completion.

The brand will partner Paytm for adding better social engagement features, products, and services, hence ensure smooth and efficient customer service.

This acquisition will assist Paytm to get benefit out of the USPs of Cube26 in this domain.

Cube26 (formerly known as PredictGaze) started its operations in 2017 in California by Saurav Kumar and Abhilekh Kumar Agarwal.

 “Our team has been building technology products that are used by millions of users. I believe our diversified experience in creating smarter products across software and hardware segments will help add value to Paytm and to several of its products and services,” said Saurav Kumar, CEO and Co-Founder, Cube26.

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