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Social marketplace GoCoop raises funding from Kris Gopalakrishnan, Saha Fund

July 29, 2016

GoCoop Solutions and Services Private Limited which runs social marketplace for cooperative enterprises GoCoop has received investment worth $830,000 from former Infosys vice-chairman Kris Gopalakrishnan and Saha Fund. Launched in early 2012, GoCoop.com’s or Global Collabration Platform for Cooperatives’ marketplace acts as an aggregator of listed enterprises. It is a social marketplace to buy and source handmade apparels, home furnishings, fabrics, crafts and more directly from weavers and artisans.

Read more - http://www.vccircle.com/news/technology/2016/07/28/exclusive-kris-gopalakrishnan-saha-fund-back-social-marketplace-gocoop

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/

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