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Indian music label giant Saregama acquires Pocket Aces

Saregama has agreed to acquire a 51.82% stake in the startup Pocket Aces as the oldest Indian music label makes deeper push into videos. Saregama is paying about $20 million for the 51.82% stake in Pocket Aces and plans to invest an additional $1.8 million in the startup, the Kolkata-headquartered firm disclosed in a stock […]
Source: TECCRUCH

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