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November 21, 2013 08:59 pm GMT

Boku Makes Its First Acquisition, Qubecell, To Expand Its Mobile Payment Services In India, Asia And Middle East

Image1 for post India is morphing into a global R&D hub, but can it ever take on Silicon Valley?Back in 2009, San Francisco-based mobile payments and carrier billing company Boku was born out of the merger of two other startups, Paymo and Mobillcash. Today, Boku is making its first acquisition in another consolidation move: it has acquired Qubecell, India's largest carrier billing company.

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