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Bubbly, Asia’s ‘Twitter for Voice,’ is not closing; instead sold to Indian mobile services firm

There’s been plenty of speculation about the future of Singapore-based Bubbly, the Seqouia-backed startup and its ‘Twitter for voice’ app. But the company is not liquidating, as reports had suggested – instead, today it announced that it has been acquired by Altruist Technologies, an India-based mobile company that specializes in voice services. Altruist intends to use Bubbly, the company’s smartphone app for iOS and Android that has over 40 million registered users, and its SMS-based BubbleTalk (which claims 140 million registered users) services alongside its own one-to-one voice messaging platforms. Altruist claims 80 million active voice messaging users across Africa and Europe, which it…
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