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SoftBank arm may venture into India with Loginext investment

SoftBank Ventures Asia, an early-stage funding arm of Japan’s internet and telecommunication giant SoftBank, might enter the Indian market with an investment in logistics management software provider Loginext Solutions Pvt Ltd. According to various sources, SoftBank Ventures Asia has been in talks with Loginext since April. Interestingly, Loginext is backed by Vijay Shekhar Sharma’s Paytm, in which SoftBank has a major investment. Founded in 2000, SoftBank Ventures Asia is based in Korea and it scouts for start-ups with a strong potential in Asia, the US, Israel, and the EU, focussing…

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IIM-Ahmedabad’s investment arm backs vernacular chatbot startup

DheeYantra Research Labs, the creator of vernacular chatbot platform, has raised an undisclosed amount in seed funding from Centre for Innovation Incubation and Entrepreneurship (CIIE), the incubator-cum-investment arm of Indian Institute of Management-Ahmedabad. The company said in a statement that Gopal Krishna, former managing director of Maxim India Integrated Circuits, and stock market investor Vijay Kedia had also participated in the round. The startup will primarily use the capital to strengthen its sales and marketing initiatives while also investing on feature additions such as adding support for more languages for…

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Doctors arm immune system to fight cervical cancer cells

Doctors were bewildered when they went through the case sheet of a woman who was diagnosed with advanced cervical cancer nearly 10 years ago. More than a year after a full dose of radiotherapy, cancerhad spread to the lung. By then the disease should have claimed her life. Yet, she continues to visit them for periodic checks. Tests show she is free of the ailment. When diagnosed with cancer, her oncologist at the Cancer Institute (WIA) here had included her name for an experimental treatment – immunotherapy. Rather than directly…

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