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India Deals: Panasonic to Invest Over $256M in Tesla’s Plant and 7 More Updates

Chennai-based speech recognition solutions company Uniphore Software Systems, in order to focus on expansion in APAC region, has elevated Ravi Saraogi, Co-founder of Uniphore as President of APAC region and will be based out of Singapore.

Here is a list of deals that happened in India Startup Ecosystem including funding, merger, acquisition, product launch & appointment etc.

1. Online event-booking platform BookEventz.com has raised an undisclosed amount in pre-series A funding from Lead Angels, Mumbai Angels and LetsVenture. Read More

2. Health and fitness app HealthifyMe has secured $1 Mn (INR 6.7 Cr) funding led by Neelesh Bhatnagar, a Dubai-based investor from NBVentures. Read More

3. Panasonic Corporation will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk’s Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Read More

4. Chinese mapping firm NavInfo, Internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10% stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe. Read More

5. Chennai-based speech recognition solutions company Uniphore Software Systems, in order to focus on expansion in APAC region, has elevated Ravi Saraogi, Co-founder of Uniphore as President of APAC region and will be based out of Singapore. Read More

6. IvyCamp Expands Presence to Silicon Valley, California. Read More

7. FreeCharge, Indian digital payments platform today announced its partnership with Faasos, one of India’s leading Food on Demand business as an e-wallet payment solution provider. Read More

8. L'Oréal has announced a strategic investment in the early stage fund Partech International Venture VII managed by Partech Ventures, an international venture capitalist firm headquartered in Paris, France, with offices in Berlin and San Francisco. Read More



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