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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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Bosch Makes First Venture Investment In India With Deeptech Startup SimYog

Robert Bosch Engineering and Business Solutions, has announced its first venture investment in India in Bengaluru-based deeptech startup SimYog Technologies. Incubated at the Indian Institute of Science, SimYog has raised $885.7K (INR 6.3 Cr) in a funding round with participation from early-stage venture capital firm Ideaspring Capital. The startup plans to use the fresh funds to expand its product offering. The company will also expand its team to 12 people—from five now—over the next year, as it adds customers and products. Founded in 2017 by Dipanjan Gope, Anant Devi and…

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high food expenses Pose venture to India’s Inflation goal

prices of many foodstuffs inclusive of pulses, sugar, veggies and hen products are set to surge in India inside the next three months on skinny supplies, which could gasoline inflation and supply the significant financial institution little room to reduce charges, stated analysts. April consumer price inflation broke a latest slowing fashion after meals inflation came in at 6.32 percent, in comparison with 5.21 percent in March. meals costs are a political hot potato in India, in which more than a quarter of its populace of one.2 billion people stay…

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