India Digest: Saregama buys Pocket Aces; Stakeboat Capital Fund II

India Digest: Saregama buys Pocket Aces; Stakeboat Capital Fund II

Photo by micheile henderson on Unsplash

Music label Saregama has acquired a majority stake in digital entertainment company Pocket Aces Pictures. Separately, Stakeboat Capital has hit the final close of its second fund at about $127 million.