The investment by TCIF will help Alef Mobitech Solutions strengthen its business development, marketing, research and development initiatives to establish a leadership position in the mobile internet space, TCIF said in a statement.

Alef Mobitech Solutions is a fully owned subsidiary of US-based Alef Mobitech.

Alef Mobitech, which has offices in New Jersey, Mumbai and Pune, has pioneered a mobility-cloud interconnect platform and solution suite which enhances user engagement by increasing relevance and responsiveness of mobile internet applications.

"The Fund's leadership, global vision, and focus on innovation will provide us tremendous momentum towards acquiring a leadership position in the mobile internet space," Alef Mobitech Founder Ganesh Sundaram said.

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