Yahoo Acquires Google Docs Alternative Bookpad

Camila Souza

Yahoo has bought Bangalore-based Bookpad for an estimated US $8.3M (50 crore) according to The Economic Times. The startup that's barely a year old is led by the same makers of Docspad, a service aimed at developers looking to add document viewing, annotations, and editing features within their own applications.

Founders Aditya Bandi, Niketh Sabbineni, and Ashwik Reddy were first backed by NASSCOM’s 10,000 Startups initiative and Microsoft Ventures, and in their last visit to Silicon Valley were being courted by Autodesk and Dropbox.

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This is an interesting move for Yahoo, signaling an interest in moving into a space of online collaboration.

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Camila has been heavily active in South Florida’s tech startup community, where she is a co-host of a local radio show called pFunkcast. Camila previously worked at Greenpeace International and the Organization of the Prohibition of Chemical Weapons (OPCW) in various communication roles. A proud Brazilian who spent most of he life in Peru, she is passionate about traveling and documentaries.