August 7, 2015 - Indian healthcare startup Practo secures Rs 573 crore funding led by Tencent, Sofina

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Digital Indian healthcare startup Practo secures Rs 573 crore funding led by Tencent, Sofina It will use the money to expand product lines and acquire startups. Digital Russian billionaire investor Yuri Milner arrives in India; looks to invest in Indian startups Yuri Milner, the Russian billionaire investor, on Thursday announced he'd taken a small stake in Practo, a rapidly expanding start-up based here that helps patients and doctors digitise their engagements.The money was from his personal account. But, Digital Mobile app security firm Wegilant raises $500,000 in pre-series A round Wegilant, a pioneer in the mobile app security space raises USD 500,000 from existing investors in a pre-series A round. Digital Govt may lift present cap of Rs 25,000 on overseas shipments through e-commerce New EDI software being developed will allow govt to figure out the value of India's exports through e-commerce Retail Maggi will return to retail shelves soon: Consumer Affairs Minister Ram Vilas Paswan Consumer Affairs Minister Ram Vilas Paswan on Thursday said he was hopeful that Nestle's Maggi will be back on the shelves soon. Retail Snapdeal tie-up for customers by Diwali: Shoppers Stop Shoppers Stop has entered into an exclusive tie-up with Snapdeal to compliment its omni-channel commerce. The tie-up will be available to customers by Diwali. Retail What made a Japanese VC bet big on this young Indian logistics start-up? Tech in Asia explores how LetsTransport received $1.3 million in its first round of funding Telecom Airtel 4G at 3G prices comes to 296 towns, inks deals with Flipkart and Samsung To opt for Airtel 4G, customers have to switch to a 4G SIM. Airtel said it will offer 4G at 3G prices. Telecom Reliance Jio hits out at COAI for shooting off letter to telecom minister sans consultation Reliance Jio is a member of COAI, which represents interests of top telecos including Bharti Airtel, Vodafone India and Idea Cellular. Telecom We aim to be among top 3 mobile brands in India by FY'17: Karbonn Mobiles MD Voice & Data Online Voice & Data OnlineBuoyed by its investment plans of Rs 800 crore in manufacturing of mobile phones over the next three years, home grown handset maker Karbonn is targeting to be among the top three mobile phone brands in India by next fiscal. Its manufacturing units  Telecom Telecom stocks good bets for defensive investors; prefer Idea, RCom I firmly believe that RComm would monetise some of its tower assets, fibre optic business and real estate in Mumbai and Hyderabad, says Chokkalingam. Finance Tata group firms to help each other More deals on lines of Titan stake buy seen as Tata Sons plans to consolidate ownership of operating firms Finance EPFO enters stock market through two SBI MF exchange traded funds; how will it benefit investors and the markets? EPFO said it will invest 5% of its incremental corpus in the current fiscal in exchange-traded funds Finance RBI allows banks to shift, merge or shut urban branches This is the second major reform in how RBI regulates branches in India after 2013 Finance App security firm Wegilant raises $500,000 Wegilant Net Solutions Pvt. Ltd has raised funds for technology expansion, research and development as well as customer acquisition efforts Food/FMCG In high spirits! With improved quality and packaging, country liquor scores over Indian-made foreign brands Country liquor sales, have been on the rise in recent times, thanks to improved quality and packaging, as well as rising prices of IMFL brands due to taxes. Food/FMCG HUL cuts price for shampoo brands Promptly reacting to its competitor's strategy to slash price of shampoos to gain m Food/FMCG Emami Raises Rs 950 crore for Kesh King Buy The Kolkata-based makers of Fair and Handsome and Zandu Balm said the balance amount of the Rs 1684 crore Kesh King deal will be funded from internal accruals. Food/FMCG Early signs of revival as Indian buyers spend more Low inflation, upbeat sentiment, optimism about the job market are encouraging urban consumers to spend more on consumer packaged goods, automobiles, air travel and tourism Software How Cognizant continues to outperform TCS, Infosys? For the April-June quarter, Cognizant posted a net profit of $420.1 million, compared to $371.9 million a year ago. Software Oracle Q1 net profit declines to Rs 329.33 crore : Drops by 16.5% Oracle Financial Services Software reported a decline of 16.50 per cent in its consolidated net profit at Rs 329.33 crore for the first quarter. Ecommerce Practo raises $90 million in Series C funding led by Tencent; plans to use this investment to newer markets in West Asia, Eastern Europe and Latin America The company behind popular messaging app WeChat has been known as a fairly aggressive investor in startups both in China and overseas. Ecommerce Amazon India opens third customer service facility in Pune; facility to support Amazon.in and Amazon.com with pre- and post-order customer service Amazon had set up its first customer service facility in Hyderabad in 2005, followed by another in the same city last year... Ecommerce Bangalore-based mobile payments solutions provider Ezetap raises Rs. 150 crore in fresh funding from Social+Capital, Helion Advisors and Berggruen Holdings Bangalore-based mobile payments solutions provider Ezetap raises Rs. 150 crore in fresh funding from Social+Capital, Helion Advisors and Berggruen HoldingsBangalore-based mobile payments solutions provider Ezetap has raised Rs. 150 crore in fresh funding from Social+Capital, Helion Advisors and Berggruen Holdings. The firm, started in 2010 by Abhijit Bose and ... While many enterprises, including some of ... Ecommerce Tata Group brings in Muthu Krishnan from US-based Athenahealth and Deep Thomas from Citi as CEOs for its two businesses-digital health and data analytics The conglomerate is said to have earmarked `1,000 crore for its online retail initiative Franchise What we can learn about successful leadership skills from Jane Goodalls studies on chimps What we can learn about successful leadership skills from Jane Goodall's studies on chimps - Franchise Relationships Arrogant, self-serving leadership is not just the domain of franchisors. Sometimes power-hungry, politically-minded franchisees will seek to use their franchisee peers for their own opportunistic purposes. This is usually done by spreading stories that undermine the credibility of the franchisor team and create an "us and them" politically charged environment. Franchise Franchisee Journey: From laid-off Technical Account Manager to uBreakiFix franchisee Here's how Jeffrey Schwartz was able to confidently become a franchise's first true franchisee. HR Why fresher hiring is going down in Indian IT At India's top five outsourcing firms, the average age of employees is nearly 30, compared to the decade of the 2000s when the average age was around 25. HR Microsoft increases parental leaves Microsoft has announced an expanded parental leave policy for its US-based employees, a day after a similar move by streaming television giant Netflix. HR Infosys picks Richard Lobo as HR head of India operations Infosys has appointed Richard Lobo as its new HR head for the India geography, even as the IT major scouts for a suitable executive for the global HR role. HR Make in India is taking shape, global companies showing interest: Finance Ministry "Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing," Revenue Secy Shaktikanta Das said. Logistics Wickremesinghe Government Puts Indian Railway Construction Company, IRCON In The Dock over construction in the Nothern Province Logistics MP train mishap: In freak accident, water gushed 36 feet high breaching tracks, led to derailment, say Railways Madhya Pradesh train tragedy: Railways skipped monsoon patrolling at mishap spot? - "Regular monsoon patrolling was not being done between Khirki and Bhirangi section as the officials did not find it vulnerable to accidents in rainy season going by the past history," a top Railway officer told PTI today. Logistics Old format meets new: Shoppers Stop ties up with Snapdeal, for delivery payments and logistics Retail chain to sell products such as clothes, footwear on Snapdeal in north Indian cities where it has a presence Logistics Location Analytics Market Worth 14.3 Billion USD by 2020; includes geocoding, Thematic mapping, data integration and others CHICAGO, August 6, 2015 /PRNewswire/ -- Location Analytics Market Worth 14.3 Billion USD by 2020. Construction Win for Home buyers after ministry okays tough builder norms Hindustan Times Home buyers get leg up, ministry okays tough builder normsHome buyers can soon hope to get possession of new flats on time as the housing ministry has accepted a parliamentary panel's recommendation on the real estate bill that bars developers from diverting more than 50% of money collected from a buyer to  Construction Realisations improve by 3% in July for Orient Cement The company reported a 20 percent fall in net profit at Rs 27.89 crore for the June quarter on account of lesser realisation in cement prices due to a dip in demand. Construction 'Haryana to launch campaign urging people to donate land' 'Haryana to launch campaign urging people to donate land'Zee NewsKhattar noted that there are large number of people who want to donate land for social causes like construction of Dharamshalas, Gaushalas, educational institutes and construction of girls hostels. "There is no ... Khattar said that a "mega highway ...Manohar Lal Khattar: Haryana to launch campaign urging people to donate landIndia.comall 10 news articles » Construction Commercial real estate consultancy firm CBRE buys hospitality consulting firm buys PKF Consulting Inc Commercial real estate consultancy firm CBRE buys hospitality consulting firm ...HospitalityBizIndiaAs per a report in L.A. BIZ, commercial real estate services firm CBRE Group Inc. is expanding its global reach in the hospitality sector with its purchase of PKF Consulting Inc., a consulting and research firm in Canada that specializes in the Marketing Ola, Flipkart, MobiKwik, other startups bet on outdoor advertising : to build up their offline presence Online entities appear to be coming around to the idea that they need to build up their offline presence in a big way, more so when they plan to raise funds. Marketing Content marketing blurring the line between advertising, news : Report In an era of on-demand video and ad-skipping software, businesses are eager to make commercial messages look like news in the eyes of readers and, more Marketing By 2020, 30% of total digital advertising spend will be on local languages: study Increase in local language content on the Internet will lead to a growth of 39% in the current Internet user base, says the study by IAMAI and IMRB Intl Marketing Expedia hopes to double Indian business over five years : Vikram Malhi, Asia MD Vikram Malhi said the company is exploring tie-ups with hail-a-taxi companies such as Uber and Ola to provide lastmile connectivity. Politics Modi's old track record of Godhra riots preventing him from asking Swaraj to step down: Cong Prime Minister Narendra Modi's "old track record" of Godhra riots is preventing him from asking his junior colleagues, said Manish Tewari. Politics Sadhvi Prachi courts controversy yet again, says there are terrorists in Parliament VHP leader Sadhvi Prachi is at it again. She has stoked fresh controversy by claiming that there are one or two terrorists in the Parliament. Politics NDA minister praises MNREGS months after PM Modi's criticism In March, the prime minister, while replying to the debate on Motion of Thanks to the President's address in Lok Sabha, was particularly severe on the Congress on its pet scheme MNREGS. Politics Congress issues whip asking MPs to be present on Friday in Rajya Sabha Several key legislations, including the one on GST, which is a Constitution-amendment Bill, are held up due to the current impasse in Parliament. Sports Captaincy and batting are two aspects that I will not try to mix: Virat Kohli Kohli said that the captaincy won't be an added pressure for him during the tough assignment in Sri Lanka. Sports Ashes 2015: Twitter praises Stuart Broad for 8/15 on Day 1 of 4th Test Broad registered his career-best figures and this is how Twitter reacted. Sports Tips from Rahul Dravid helped me develop into a top-class batsman: Younis Khan Younis said if he could become a solid number three batsman in Pakistan side, he owes it to Dravid. Sports Doping in sports: The rot is widespread, needs to be stemmed Entertainment Excited to work with R Balki: Manish Malhotra Manish Malhotra is all set to work with filmmaker R Balki for the first time in his upcoming movie 'Ki and Ka'. Entertainment Deepika Padukone: Depression a major issue, needs to be addressed Actress Deepika Padukone, who faced depression in the past, feels it is a major health issue in the country today which needs to be addressed. Entertainment 'The Hobbit' star Elijah Wood to perform in India Elijah Wood is making his maiden visit to India this September. Entertainment Action Vs Satire today: Riteish Deshmukh's 'Bangistan' takes on Tom Cruise's 'Mission Impossible – Rogue Nation' Mission Impossible - Rogue Nation has already created waves. Giving it a tough competition is the Bollywood release 'Bangistan'. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India

August 6, 2015 - Congress-ruled Karnataka to be flagship for PM Modi's Digital India initiative; to roll out 376 services in next 3 months

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Digital Congress-ruled Karnataka to be flagship for PM Modi's Digital India initiative; to roll out 376 services in next 3 months Pushed by CM Siddaramaiah, the states e-governance department is set to roll out 376 government services within the next three months. Digital Snapdeal plans to invest $100 million on research & development in 3 years The City-based firm, which has set up a centre in Bangalore, is investing heavily in new technologies related to multimedia and image in the coming quarters. Digital High net worth individuals have invested more than Rs 1200 crore in startup-focused VC funds in India High networth individuals (HNIs) have invested more than Rs 1,200 crore into venture capital funds focused on helping early-stage entrepreneurs. Digital Government looks to start an incubator for IT startups in Panaji Ready To Offer Free Internet And Rent-Free Office Spaces Retail E-comm, health portal to drive Tata's Rs 1000 cr digital push E-comm, health portal to drive Tata's Rs 1000 cr digital pushThe platform will tie-up with about 80 brands, of which less than 10 are from the Tata fold -- Croma, Westside, Tanishq and others. The data analytics firm will be based out of Bengaluru and will manage data based on customer approval. "With the ... Retail Five e-commerce marketing trends that will dominate 2015 The stage has been set for a while now and e-commerce organisations, today, continue to pave the way in the digital shopping experience. As technology cont Retail Flipkart starts furniture sales initially in Delhi, Mumbai and Bengaluru and plans to add more cities over the next six months Firm will offer products initially in Delhi, Mumbai and Bengaluru and plans to add more cities over the next six months Retail Logistics M&A Wave to Continue, PwC Says Logistics and trucking companies have been buying each other at a rapid clip, taking advantage of an improving economy and a stronger dollar Telecom We do not want regulation of OTTs. All we want is regulation of VoIP as as arbitrage is there: Gopal Vittal As Bharti Airtel, India's largest telecom operator, completes two decades of mobile services, it's set to face competition from Reliance Jio by the end of the year. Telecom Flipkart, Amazon, Snapdeal: Big Rivalry, Brash Trolling The battle for supremacy between Amazon, Flipkart and Snapdeal in the bulging e-commerce market is rapidly heating up, but not just with competing and multi-billion-dollar investments, but a whole lot trolling on Twitter. Telecom Apple: No plan to become mobile service provider By Eric Auchard and Leila Abboud FRANKFURT/PARIS - Apple Inc, the world's most profitable mobile phone maker, has denied a report that it is working on a Telecom Visa to pilot its global app-based mobile payment service in India Visa Inc, the global payments technology solution firm, will make India a global test bed to pilot an app-based mobile payments service, mVisa. The service will enable users to transfer money and make micro payments for services such as buying bus  Finance Some of the most influential Dalal Street investors you've never heard about Their long association and huge cache of shares make them very influential on D-Street as promoters dread their unwavering gaze. Finance Power Finance Corporation to buyback infrastructure bonds PFC's infrastructure bonds were sold for 10 years and 15 years and it is now planning to buyback the set of bonds with shorter maturity. Finance Standard Chartered India loss pulls down global performance Bank reports $276 mn loss for six months to 30 June after setting aside $483 million for possible losses on loans Finance Record rally in midcap stocks may be heading towards a crash Since 2000, Dalal Street has witnessed two major bubbles; the first was in technology stocks in 2001 and the second in infrastructure and real estate stocks in 2007. Food/FMCG Mondelez global CEO Irene Rosenfeld concerned over slow growth in India unit Irene Rosenfeld, global chief executive of foods major Mondelez, has raised concerns over its soft revenue expansion in India. Food/FMCG FSSAI trashes all-clear reports to Maggi from Goa, Mysore labs FSSAI said it has not given any clean chit to Nestle's banned Maggi noodles as it rubbished all-clear reports from two of its own empanelled labs, saying there were lapses in the tests. Food/FMCG State FDAs product approval system bringing back inspector raj: Food companies Soon after the ban on Maggi noodles in June, Food Processing Minister Harsimrat Kaur Badal had openly criticised the effects of regulatory overreach. Food/FMCG Procter & Gamble slashes shampoo prices to take on rival Hindustan Unilever This makes Head & Shoulders 17% cheaper than HULs Clear, while Pantene is now 24% cheaper than HULs Dove, compared to an 11% premium earlier. Software Cognizant raises revenue guidance to $3.14 bn for Q3 : Q2 net at $420 million IT services major Cognizant reported its second quarter revenue at $3.09 billion, up 22.6% from the year-ago period and up 6.0% sequentially. Revenue for the second quarter of 2015 rose to from $2.52 billion in the second quarter of 2014. Software Google rolls out a big software update for Android : Fixing the Hangouts hack quickly Security researchers scared the shit out of Android users last week when they revealed a vulnerability that let hackers control your phone with a single text. Software Infosys eyes $2 billion revenue by 2020 from products and new services Indias second largest software exporter Infosys is undertaking a complete revamp of its products business under Michael Reh. Software HCL veteran Vineet Nayyar to become the Vice Chairman at Tech Mahindra Country's fifth-largest software services firm Tech Mahindra today said its Executive Vice Chairman Vineet Nayyar will assume the role of Vice Chairman of the firm with effect from August 10. Ecommerce Snapdeal to invest $100 million in its Bangalore based Multimedia Research Lab; lab focuses on in-house, cutting-edge technology solutions Snapdeal's Findmystyle.in website will allow to discover products of choice while saving time and effort. Ecommerce Flipkart return policy runs into trouble with Shroff Publishers; Flipkart neither sharing buyer details with them, nor giving sufficient reasons returns Aziz Shroff, the chairman and managing director of Shroff Publishers and Distributors, told FE that Flipkart is neither sharing buyer details with them, nor giving sufficient reasons for any returns. Ecommerce MobiKwik partners with Walmart to power 20 of Walmarts chain of outlets named Best Price Modern Wholesale stores in nine states MobiKwik has announced its partnership with Walmart to power 20 physical stores in nine states across India with its mobile payment solution. The new solution will enable small businesses and kirana stores under Walmart's Best Price programme. HR How CEO Vishal Sikka Gave Infosys a 'Dressing Down' and Trimmed Attrition Rates Infosys CEO Vishal Sikka may have just completed one year at the Indian technology behemoth, but he already has 'Infoscions' eating out of his hands thanks to the changes he brought in. HR How Pay Commissions Play a Key Role in Boosting India's Growth Pay Commissions, which are regularly constituted to review salaries of Central government employees, give a fillip to the Indian economy, according to analysts. The sixth Pay Commission partly offset the after-effects of the 2008 Lehman crisis on Indian markets. HR Online Hiring in India Grew 32 Percent in July: Monster Index Monster.com's employment index, a monthly gauge of the country's online job demand, rose 50 points in July. HR Job sentiment improving shows employment index The augmentation of the index exhibits assurance in Government initiatives towards improving the ease of doing business in India. Logistics Maharashtra to have ' Smart Villages' with new development strategy for its 6.16 cr rural population residing in 40,960 villages As per the 2011 Census, there are 40,960 'inhabited villages' in the state. Of the total population of 11.23 crore, 6.16 crore people live in the rural areas. Logistics Himachal clears World Bank funded HP Horticulture project Himachal cabinet today approved World Bank funded HP Horticulture Development Project worth Rs 1,000 crore for the State. Logistics BMW group launches MINI Cooper as completely built up ( CBU), priced at Rs 28.5 lakh to Rs 36.5 lakh for different variants, this includes 12.5 % VAT Logistics Letstransport Could Decentralize Logistics in India, company may look at Bitcoin Payments as an easer in payments Bitcoin news and the leading bitcoin conferences in the world Construction Orbit corporation in tussle with lenders over dues Anxious about the distressed financial state of real estate players, banks are working overtime to recover their dues. Construction Rs 200cr worth real estate assets to be sold by Reliance Capital The sale was announced in December last year and excluded real estate owned by RMW at Imax Wadala and other properties... Construction Affordable home launches up 320%, developers offer 7000 affordable units. However, no takers 9The real estate market in the country's top eight cities recorded a 320% year-on-year jump in affordable home launches in the quarter to June, according to a report by property advisory Cushman & Wakefield, indicating a shift in strategy by builders to beat the slump Construction Logix's Noida housing project exited by ICICI Prudential Realty player Logix Group has bought back its equity stake in a housing project at Noida from ICICI group's real estate fund. Marketing Why axing Urbanspoon is a gamble that could pay off for Zomato : despite user backlash : BRW In January Indian start-up Zomato acquired Urbanspoon for an estimated $US60 million and in June Urbanspoon dissolved without fanfare, with its traffic redirected to Zomato. Marketing Rebranding Dr Reddy's : The story An old pharma warhorse gets a new look as it focuses on how to make its drugs affordable, available and relevant Marketing Bata to invest Rs 100 cr, sharpens digital focus : Report Country's largest footwear maker Bata India on Wednesday unveiled plans to invest Rs 80-100 crore to grow business and invest in capacities this year. Marketing In the Moment Marketing With Mobile Advertising : The Next Big Leap The new battle for the consumer is raging on mobile, as preferences and purchase decisions are made in "micro-moments". Politics Power doctrine of Ajit Doval: Why it is much better than empty Gandhi-giri NSA Ajit Doval enunciated the right ideas on how India should seek to strengthen itself and learn to punch at its weight. Politics Political war of words erupts between Nitish, BJP over PM Modi's 'DNA' remark The battle for Bihar hotted up on Wednesday, with Nitish Kumar raking up Prime Minister Narendra Modi's 'DNA' barb against him. Politics SP sees 'new Jinnah' in Owaisi, tells cadres to oppose AIMIM chief's entry to Uttar Pradesh The ruling Samajwadi Party in Uttar Party has finally acknowledged that the Hyderabad leader Asaduddin Owaisi is actually a threat to the party's political future in the state, and the party workers have been asked to both beware of him and oppose his entry into UP at all costs. Politics After Udhampur attack, Congress charges Modi sarkar with being 'soft' on terror Ahead of NSA-level talks between India and Pakistan, Congress charged the NDA government with being "soft" on terror and reminded Prime Minister Narendra Modi of his assertion as an opposition leader that talks should not be held with Islamabad in the shadow of gunshots. Sports India tour of Sri Lanka: India look to connect the dots Three-day tour game beginning Thursday gives undercooked tourists opportunity to ease into Test mode. Sports Narendra Modi congratulates Indian contingent for winning 173 medals at Special Olympics Indian contingent won 47 gold, 54 silver and 72 bronze in 14 disciplines during the nine-day event that ended August 2. Sports Twitter shocked after attack on Wasim Akram Wasim Akram's car attacked by a gunman while he was driving near the National Stadium in Karachi. Sports Furious Messi headbutts Yanga-Mbiwa in Roma friendly Lionel Messi was lucky not to receive a red card in Wednesday's friendly against Roma when he headbutted Mapou Yanga-Mbiwa. Entertainment Salman Khan, Big B, Akshay Kumar in top 10 highest-paid actors list, earn more than Johnny Depp Amitabh Bachchan, Salman Khan and Akshay Kumar are among the world's top ten highest-paid actors in Forbes first global list of actors. Entertainment Priyanka Chopra impresses with her appearance on 'Quantico' panel at Television Critics Association Priyanka Chopra was at the Television Critics Association (TCA) Summer Press Tour for a panel discussion on 'Quantico'. Entertainment Can never be a part of a brain-dead film: Richa Chadha Richa Chadha says she is not averse to the idea of doing a commercial movie, but can never be a part of a brain-dead film. Entertainment Jimi Hendrix documentary to hit Showtime next month Jimi Hendrix's documentary, "Jimi Hendrix: Electric Church", will debut on Showtime on September 4. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India