Founded in 2010 by Sanjay Swamy, Valerie Rozycki, and Amiya Pathak, ZipDial is a cloud-based mobile and analytics platform, which help companies reach out their targeted audience and do marketing through 'missed calls'.
The Indian startup, which was already working as a partner with Twitter, offers services like missed calls for user verification and alerts to its customers.
ZipDial has recently been acquired by Twitter.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
This will be Dick Costolo's first visit to India.
'We look at firms that can be regional or global leaders.'
The company has an estimated user base of 22.2 million in India.
Joins Facebook, Apple and Twitter in buying Indian start-ups
Tata has invested in over 10 start-ups in personal capacity.
Twitter's user base grew by only five million in 2015.
Arundhati Bhattacharya, the chairperson of country's largest bank SBI, has been named as the most-powerful woman in business in India by Fortune magazine.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
Investors seem to be very keen on investing in startups.
Recently, he had surprised many by talking of net neutrality
Remember, one-time costs are cheaper than monthly leaking taps