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Article on November 17, 2016

India Deals: Facebook Buys Facial Recognition Startup Faciometrics & 6 More Updates

Oaktree Capital, one of the world’s largest special situations and distressed assets funds, may soon close its first private debt transaction in India, according to at least three people aware the of development. Read More

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The Government of Ontario and Zone Startups India Awards Six Indian Startups

The selected start-ups win a two-week market incubation at Ryerson University’s DMZ - North America’s top ranked business incubator.

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Lava Locks an Investment of $100 Million from Three Chip Makers

Handset manufacturing is seeing a shifting trend globally, with handset makers such as Apple and Samsung manufacturing their own chips, has forced chip makers to focus on companies in emerging markets that have the potential to develop into a big brand in the future.

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Hike Messenger Rolls Out three New Features

"India is a sight & sound country and we also believe in celebrating our lives, and certainly we can make out that our shifting to a more visual form of communication, especially after the arrival of 4G."

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Analog Devices and Dell EMC Collaborate on IoT Solution for Monitoring Real-Time Health and Safety

The POC IoT solution tracks the location and vital signs of first responders at all times in or outside of buildings. A smart, wearable sensor-equipped vest is worn by personnel to monitor useful health metrics including breathing rate, breathing volume, and heart rate.

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IBM to Enhance Client Experience With the Launch of the New IBM Center

The 11,500 square foot Center has been designed keeping in mind the dynamic requirements of start-ups, ecosystem partners, corporate and government clients.

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Snapdeal Removes Rs. 2000 Limit Applied to Cash on Delivery Orders

Additionally, Snapdeal and Freecharge had launched "Wallet on Delivery" within 24 hours of the demonetization. The crucial impact of this was that customers who did not have ready access to usable currency notes, could simply pay using their FreeCharge wallet at the point of delivery.

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34,000 SMBs Join the Digital World

Since its inception in 2014, Prione has been empowering SMBs with training services and in-depth logistic and advertising solutions, getting SMBs one step closer to the projected 100 billion dollar industry by 2020.

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Education Sector Bucks the Trend; Attracts PE Investments Worth $208 Million in 2016

News CorpVCCEdge, the financial research platform of News Corp VCCircle, offers information on M&A’s, private equity and venture capital transactions including deal terms, structures, deal amounts and valuations.

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Online Pharmacy Startup Aermed Raises Seed Funding Led by Windlas Healthcare's CEO Hitesh Windlass

The startup claims to have low cash burn and is achieving operational break-even already. The funds will be used across back end development by setting up additional hubs for fulfillment, augmenting logistics infrastructure and customer acquisition across Delhi NCR.

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