Affle signs definitive agreement to acquire strategic stake in Indus OS
Date: 03-07-2020Affle (India) through its subsidiaries (Affle) has signed a definitive agreement to acquire 8.0% ownership in OSLabs, Singapore (Indus OS). Indus OS operates India’s largest independent indigenous apps store, with key investment from Samsung Venture Investment Corporation.
A homegrown app and content discovery platform Indus OS’ key offering ‘Indus App Bazaar’ has over 400,000 apps accessible in English and 12 Indian languages including Hindi, Gujarati, Marathi, Tamil, Telugu, Urdu, Odia, Punjabi, Malayalam, Bengali, Assamese and Kannada. It is a default apps store for all Samsung devices in India powering the Samsung’s Galaxy store, and partners with many of the Indian OEMs as well. Indus OS platform is designed to help users discover digital content and services in the language of their choice.
Affle is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.