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