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Apple may acquire music recognition app, Shazam, for its technology

Shazam, a company which launched a mobile app for recognizing music for users, may be purchased by Apple, Business Insider reported based on an informed source. The deal, worth $400 million would give the American tech company the ability to employ the London-based startup’s technology in their products. Later investors in the company have a […]

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Israeli startup working toward digitizing eye care receives $1 mn from Lenskart

An Israeli digital healthcare startup has received a $1 million investment from Lenskart, as mentioned by the eye wear company. Lenskart, with its national presence in 95 cities throughout India, plans on working with the company to develop, test and bring the product into the Indian market. The startup, 6over6 has developed technology which allows […]

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Verizon moves toward environmentally efficient vehicles with XL Hybrids

In its newest and biggest investment under a New York state voucher programme, Verizon Communication Inc., plans to move towards more environmentally efficient vehicle use, Verizon said to Boston Business Journal. The voucher programme was put in place with the intention of reducing greenhouse gases. The company has collaborated with Boston-based startup, XL Hybrids Inc., […]

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Facebook co-founder Eduardo Saverin invests in Indian fintech startup

Mswipe Technologies has received a $40 million investment from Eduardo Saverin who is estimated to have a net worth of $10.3 billion, according to Forbes. With a presence in 650 cities and towns throughout India, the startup is self-proclaimed the largest payment processor and provider of networks for sales. Mswipe provides retailers with the ability […]

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PE fund, Kalpavriksh, makes 2nd ever investment in lifestyle company

Lifestyle startup, The Label Life, aimed at women, between the ages of 23 and 45, living an urban lifestyle, received a $3.1 million investment. The investment came from Kalpavriksh, a private equity fund created by The Centrum Group, a financial services company. The fund usually invests in fields such as fintech, healthcare and fast-moving consumer […]

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