India: Infosys Ltd has invested an undisclosed amount to pick up a stake in TidalScale, a California-based start-up founded by Infosys chief executive Vishal Sikka’s former SAP colleague Ike Nassi.
Malaysia: Golf reservation platform Golfreserv today announced that it has secured an undisclosed pre-Series A round from Tune Labs, a startup incubator backed by AirAsia founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun.
Australia: The National Farmers’ Federation has teamed up with financial services firm Findex to launch a $10 million fund, with start-up accelerator services to spur innovation among start-ups and tech players targeting the agricultural sector.
B. Braun will invest in Trendlines Medical Singapore and along with Trendlines, support the development of portfolio companies, and actively consider follow-on investment opportunities in portfolio companies
India: Government-owned Oil and Natural Gas Corporation has launched a Rs 100-crore start-up fund on its diamond jubilee year “to foster, nurture and incubate new ideas related to the oil & gas sector”. The initiative, christened ‘ONGC Start-up’, is in line with the government’s Startup India initiative.
India: Infosys Ltd has invested $4 million to pick up a minority stake in Cloudyn Ltd, an Israeli company that makes software for monitoring and optimizing cloud computing, marking the Bengaluru-headquartered firm’s second investment in an Israel-based cloud-computing start-up from the company’s $500 million innovation fund.
India: India’s biggest company by sales picked up a 40 per cent stake in NetraDyne Inc, a San Diego, California- based company that is developing products that may be leveraged by RIL’s telecom venture Reliance Jio.
India: Vishal Sikka led Infosys, today has made an investment in Trifacta, provider of data wrangling software that enables non-technical users to easily transform data for analysis.