If Ratan Tata has been consistently making news with his investments in over a dozen e-commerce companies, his successor Cyrus Mistry is not far behind. The Tata group is planning a big splash in the internet start-up space with three ventures.
Read the whole article here via Business Standard News.
There is no doubt today that the world is shifting to mobile and India is leading that move. Over two billion consumers worldwide will own smartphones in 2016, according to eMarketer, of which 200 million will be in India. A number of Indians are accessing the Internet for the first time through their mobile devices and are conducting transactions and buying products through their phones.
Read the whole article here via yourstory.com.
Minneapolis ” Internet of Things” startup Exosite Corp. has raised an undisclosed amount of funding from Parker Hannifin Corp., a manufacturer with $13 billion in annual revenue.
Exosite makes software businesses use to view and analyze data from sensors. Its clients range from cranberry farmers to trash-compactor makers.
Find the whole article here via St. Paul Business Journal.
Israeli digital measurement company SimilarWeb on Monday announced it was buying its second start-up, Swayy, for a sum estimated by analysts at $5 million.
Read the whole article here via The Times of Israel.
This fall a new kind of wireless network will launch in a metropolis near you. This network won’t connect to phones or tablets. Instead it will provide the wireless links necessary to connect devices, appliances and sensors that make up the Internet of things (IoT).
The company building the network is called Sigfox, and it’s based in Europe (Toulouse, France, to be exact) where it’s already set up networks in France, Spain, the U.K., and five other countries.
Find the whole article here via Fortune.com