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 majority stake and plans to invest an additional $1.8 million in Pocket Aces, it said in a stock exchange filing. The music label […]...