Two Indian technology veterans have set up a new fund that they hope will help the county churn out world-class, billion dollar startups. Nandan Nilekani, a co-founder and the former CEO of $33 billion IT services giant Infosys, and Sanjeev Aggarwal, VC with Helion Ventures who founded now IBM-owned BPO firm Daksh, have come together to launch the Fundamentum Partnership. Initially a $100… Read More
from TechCrunch
Amazon has completed its acquisition of e-commerce firm Souq.com, which was first announced at the end of March and sees the U.S. retail giant enter the Middle Eastern market. The deal is officially undisclosed, but sources previously told TechCrunch that Amazon is paying around $650 million. Bloomberg previously reported that Amazon was in discussions over an investment at a valuation in… Read More
from TechCrunch
Dr. Karim Galil was tired of losing patients to cancer. He was tired of messy medical records. And he was tired of trying to stay on top of all the clinical trials touting one solution or another. Losing patience and patients, Galil decided to create an organized and artificially intelligent system to match those under his care with the best diagnostic and treatment methods available. Read More
from TechCrunch