Tonbo Imaging scouting for acquisition; planning to raise up to $20M more

Bangalore-based Tonbo Imaging (formerly Serial Innovations India Pvt Ltd), which develops imaging technology for armed forces across the globe, is in talks with a clutch of foreign companies in the sensors space for potential acquisitions, its founder Arvind Lakshmikumar told VCCircle. "We have been growing pretty well over the past few ......