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Article on June 13, 2016

Microsoft to Acquire LinkedIn in An All-Cash Transaction Valued at $26.2B

The deal is expected to close this calendar year and is subject to approval by LinkedIn’s shareholders, the satisfaction of certain regulatory approvals and other customary closing conditions.

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Deals RoundUp: Uber, China Life Insurance, OYO Rooms, Yahoo, Gaia Smart Cities, Netcore, I Squared Capital, Bombay Shirt Company, Venture Factory, Vodafone and Truecaller

Budget hotel aggregator OYO Rooms has been dragged to the Delhi High Court by a Mumbai based hospitality advisory firm, Noesis Capital Advisors.

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Gaia Smart Cities Acquires IoT Division of netCORE Solutions

This acquisition will create a leading technology and innovation enterprise, differentiated by its ability to deliver ground-breaking products rapidly.

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10 Easy Tips To Provide IT Security To Your Startups: Sastry Tumuluri

It is very important that you understand your business threats before you can protect your data. Perform risk assessment and prioritize your data, assign threat levels, assign risk score and evaluate the appropriate controls that you want to protect against.

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HopCar Merges with Spinny for Better Automobile Industry

HopCar was established in August, 2015 to provide consumers with a one stop solution to buy and sell used cars. The online vertical focused on giving consumers value, trust, and convenience and targeted the information asymmetry of the used car market.

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GaadiFix Announces the Appointment of Sudam Maitra and Robert D Austin as Members of Board of Advisory

Brings on-board Robert D Austin, Professor of Management of Innovation and Digital Transformation at Copenhagen Business School (CBS) and Sudam Maitra, ex- Maruti Suzuki board member

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EdTechReview, an EdTech Media Platform & Community, Raises Pre-Series A from EVC Ventures

Founded by Utkarsh Lokesh, Shantanu Rana, Divya Prakash and Saransh Garg, EdTechReview is currently serving over 60000 active subscribers globally; engaging and working with over 1000 K-12 and higher education institutions and over 100 edtech startups and companies worldwide.

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Central Mall and MobiKwik Partner to Build India’s First Chain of Cashless Malls

MobiKwik has the highest reach in offline cashless payments and has over 30 million users currently.

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PostFold: A Startup That Provides Fashion Apparels to the Working Professionals of India

The fashion industry is extremely crowded so this new brand has a lot of competition. If it will differentiate itself from a quality, price and visual merchandising point of view, it would carve its own space in the industry.

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Consumer Durable Industry Veteran H S Bhatia Joins Surpluss Board as MD

Recently Surpluss.in, has inducted Saurabh Rai a former Accenture sales team leader as its CEO and with Mr Bhatia on board, the company seems to be in acceleration mode.

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