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Machine learning platform Neuron raises $200k and launches a NLP developer platform

July 29, 2016

Delhi based Neuron, a machine learning platform for text analysis  has raised an angel round of $200,000 led by Harvinder Bhatia, CFO Netmagic and founder of Radiowalla. The funding will be utilized for R&D in machine learning and Natural Language Processing and for hiring talent.

Read more - http://economictimes.indiatimes.com/articleshow/53434336.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Business communication platform AppSay raises seed funding of $150,000 from Venture Catalysts

July 29, 2016

AppSay, a business communication platform, has raised seed funding of $150,000 from Venture Catalysts in an investment round led by Shreyans Shah and Mayank Shah of Toyochem Laboratories. AppSay is a customer engagement platform that helps protect customer information of businesses and also the privacy of users.

Read more - http://economictimes.indiatimes.com/articleshow/53442041.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Healthtech startup Tiyo raises $120K In seed funding

July 29, 2016

Kolkata-based healthtech startup, Tiyo, run by Labsense Technology Services, has raised $120K in angel funding from veteran entrepreneurs from Middle East including Anish K & Ajith Nair, CEO iAdepto Global.The funding will be utilized to further develop patient care technology and consolidate sales efforts. The startup plans to foray into Tier I and II markets by 2017. It plans to roll out in 10 more cities including Chennai, Mumbai, Chandigarh, Ahmedabad, by the end of this year.

Read more - https://inc42.com/flash-feed/tiyo-funding/

Oracle acquires cloud pioneer NetSuite for $9.3B

July 29, 2016

Oracle has acquired NetSuite, the first cloud company,  in a cash deal, which works out to roughly $109 per share.Founded in 1998, NetSuite pioneered cloud computing technology and helped businesses in exploring the then uncharted internet by providing various applications.

Read more - https://yourstory.com/2016/07/oracle-acquires-netsuite/

B2B platform MaxWholesale raises funding from Maple Capital Advisors

July 28, 2016

MaxWholesale, a data-driven B2B commerce and supply chain platform, has raised an undisclosed amount of funding led by Maple Capital Advisors’ startup accelerator platform. The funding will be utilized to scale up its operations and enhance technology.

Read more - http://www.dealstreetasia.com/stories/exclusive-maple-capital-leads-funding-on-b2b-platform-maxwholesale-48833/

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