Ratan Tata in partnership with the University of California, is setting up a venture capital fund with a corpus of around $100-150 million. They are looking at investments in the ticket size of around $10-15 million. However, initially they are also looking at writing smaller cheques of around $5 million.

Infosys Ltd has invested $4 million in Israel-based cloud monitoring solutions startup Cloudyn Software Ltd. The transaction will be completed this month, Infosys said in a stock-exchange filing on Wednesday. The company will get an undisclosed minority stake in Cloudyn. The startup which was founded in 2011, enables enterprises to monitor and optimise hybrid cloud deployment by providing insights derived from operational and financial metrics.