India looks like it has netted its third_notable startup exit this year, after Yahoo swooped to purchase Bookpad, a one-year-old company that_hosts cloud-based documents,_according to local media. Economic Times reports that the deal is worth $8.3 million, while Times of India speculates a much higher price of $15 million. The acquisition — which is still to be confirmed by the US internet giant — would represent Yahoo’s first in India. It comes some nine months after Facebook bought its first startup from India_—_Little Eye Labs — in a deal worth $10 million-$15 million; Google was also active in January, buying...
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