Tata Capital Innovations Fund invests $5 million in Alef Mobitech Solutions

The Tata Capital Innovations Fund, a private equity fund managed by Tata Capital, has invested about $5 million in mobile internet solutions provider Alef Mobitech Solutions. Alef Mobitech Solutions is a subsidiary of US-based Alef Mobitech Incorporated, which has pioneered a mobility-cloud interconnect platform and solution suite that is capable of enhancing user engagement by increasing the relevance and responsiveness of mobile internet applications. The investment is expected to help Alef Mobitech Solutions strengthen its business development, marketing and research and development initiatives to establish a leadership position in the mobile internet space.

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