1. Chinese smartphone brand Gionee will sell its India operations to the promoters of handset maker Karbonn Mobile and Gionee India’s minority shareholder, Arvind R Vohra, entering into a long-term brand licensing deal that is likely to be closed in two-three weeks.
2. US-headquartered digital payments company MoneyOnMobile plans to pump $6.2 million into its India operations to fuel its expansion plans.
3. Kerala government has allotted space to Japanese automotive major Nissan Motors to set up its digital innovation hub in Technocity, Thiruvananthapuram.
4. Uber won an appeal on Tuesday to regain its taxi licence in London after agreeing to stricter government oversight, reported ET.
5. Mumbai-based smart home automation startup PicoStone has raised a $803.2K (Rs 5 Cr) funding, reported Inc42.
6. Chennai Start-up SP Robotics launches ‘Makers Lab’ to boost Innovation in the Fields of Robotics & IoT
7. Global electronics major Flextronics will set up a facility in Andhra Pradesh to manufacture a range of intelligent products.
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