MoMagic Launches App Store For MediaTek's MRE Platform
Mobile VAS company, MoMagic has said that it has developed an app store for apps based on chipset manufacturer, MediaTek's MRE ( Maui Runtime Environment) platform.
After picking up 20% in Spice Digital*, chipset manufacturer MediaTekit has made an undisclosed investment in mobile VAS startup MoMagic. The LinkedIn profile of MoMagic CEO Arun Gupta states that "MoMagic is a MediaTek Inc invested company."
New Delhi, 18th Dec 2017: Indian mobile handset sector is at a rapid growth trajectory and recently, the government of India indicates that around 100 companies in the field of mobile phones have started making their products in India as the nation gears up to become a major hub for manufacturing.