MIH India In Talks To Acquire Burrp?

ContentSutra has learned from multiple sources that Naspers owned MIH India is in talks to buy local listings and review site Burrp.com. Rajeev Sathe, Director of Strategy and Commercial for Burrp refused to confirm the news, saying only that they’re in discussion with several potential investors to raise capital to increase the pace of growth. They’re also in talks with leading brands to roll out more services, aggregate more content, tie up with ticket booking sites, and for syndicating their content (like this deal with Google (NSDQ: GOOG))…but are they looking to sell out to MIH India? No comments.

Burrp had received an undisclosed amount of angel funding from unspecified investors last year. MIH India, it is believed, has a warchest of $60 million for deploying in India over three years. So far they have bought 30 percent stake in Mobile VAS co ACL Wireless for 30 percent, and acquired startups Bixee and Pixrat.