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Global P2P student notes exchange marketplace Notesgen crosses 400k users, raises funding

August 23, 2016

New Delhi based edtech platform Notesgen has recently raised $100K angel funding from Riju Gupta, CEO of JuiceUp and other angel investors (Kamal Chhabra). Launched in November 2014 th global peer-to-peer student notes exchange marketplace has active users in 118 countries.

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

Artificial intelligence startup Octo.ai raises $200k from Outbox, others

August 23, 2016

Delhi-based artificial intelligence start-up Octoai has raised $200,000 from early stage investor Outbox Ventures, Rahul Khanna, managing partner of venture debt fund Trifecta Capital and Jaspreet Bindra, head of e-commerce at Mahindra & Mahindra. The funding will be utilized to enhance technology.

Read more - http://www.dealstreetasia.com/stories/artificial-intelligence-start-up-octo-ai-raises-200000-51366/

China consortium buys ad-tech venture Media.net for $900 million

August 23, 2016

A consortium of Chinese investors has acquired ad-tech venture Medianet for about $900 million in a rare reverse merger deal being touted as the largest in the sector. Media.net develops products for advertisers as well as publishers, providing them with an entire suite of services, including creating, targeting and evaluating advertising campaigns, as well as connecting publishers through their Yahoo-Bing network.

Read more - http://economictimes.indiatimes.com/articleshow/53818452.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Tata’s $300 million venture fund plans to invest in startups

August 23, 2016

The newly set up RNT Capital Advisers, a venture fund launched by Tata Sons chairman emeritus Ratan Tata, will deploy $300 million across startups in India, Southeast Asia and the US. Headquartered jointly in Mumbai and Singapore, the fund will typically deploy $10-15 million of capital into companies and will back tech businesses.

Read more - http://economictimes.indiatimes.com/articleshow/53822907.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Apple buys health startup founded by Indian-origin duo

August 23, 2016

Taking its interest in the digital health sector to the next level, tech giant Apple has quietly acquired personal health data startup Gliimpse founded by two Indian-origin entrepreneurs.  Founded in 2013 Gliimpse provides a secure platform where consumers can manage and share their medical records and info.

Read more - http://economictimes.indiatimes.com/articleshow/53823458.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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