Mobile VAS product developer One97 Communications has acquired cross platform messaging app Plustxt. The exact amount of the acquisition has not been disclosed but it is known that it was under $2 million in a cash and equity deal. Plustxt received an undisclosed amount of funding from Mumbai Angels in April this year. As a result of the acquisition, Plustxt team will be joining the One97′s Bangalore office.
Speaking about the acquisition, Vijay Shekhar Sharma, founder and CEO of One97, said,