Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.
Investors
Mars One launches project to build simulation Mars crew outpost on Earth
Mars One, the foundation whose mission is to create a human settlement on Mars, has rolled out its new project to construct a simulation outpost on Earth, VentureBeat reported.
TrueVault secures $2.5M in seed funding round
TrueVault, a healthcare app data security startup which launched recently from the latest Y Combinator class, was able to obtain $2.5 million for its seed financing round, TechCrunch reported.
Times Internet backs Indian mobile education startup GradeStack
Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.
Intel to pour $15M into Israeli smarglasses startup OrCam
Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.
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Marsa, Malta-based telephone and cable television services provider Go PLC agreed to purchase a 25% stake in Nicosia, Cyprus-based firm Cablenet Communications Systems Ltd for €12 million in convertible loan.
5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
Split, the anti-social app that helps people avoid potentially awkward encounters has raised $1 million for its seed round from well-known private investors, a statement about the funding said.
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.
OneVentures, an Australia-based venture capital firm, intends to raise $100 million from institutional investors and high net worth individuals for its OneVentures Innovation and Growth Fund II.
American software giant shelled out $150 million to acquire San Francisco, California-based product design and development firm Osterhout Design Group's (ODG's) intellectual property for wearable computing devices.
ThreatMetrix, the company that offers advanced cybercrime prevention solutions and online fraud protection, obtained $20 million for its latest funding round, VentureBeat reported citing a SEC filing.
San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.
