Tata Capital Innovations Fund (TCIF), a Private Equity Fund managed by Tata Capital, today announced an investment of around $5 million in Alef Mobitech Solutions Private Limited, a fully owned subsidiary of Alef Mobitech Inc, a next generation Mobile Internet enhancement pioneer.<br />
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The investment by TCIF will help Alef Mobitech Solutions strengthen its business development, marketing and R&D initiatives to establish a leadership position in the Mobile Internet space.<br />