1. Eatigo, the leading restaurant reservation platform in Southeast Asia, has received a follow-on investment from its existing strategic investor, TripAdvisor, bringing its total raise across all its investors to date to over $25M.
2. Blume Ventures, Benhamou Global Ventures (BGV) and Emergent Ventures announce the launch of a first-of-its-kind India-US cross-border accelerator platform, Arka Venture Labs for Indian B2B startups.
3. BizLab, European plane-maker Airbus' aerospace business accelerator is open to picking up stake in Indian startups it works with, reported ET.
4. After setting up operations in Dubai and China, OYO has begun operation in London, reported Entrackr.
5. Fintech startup Rubique is in talks to raise $20-25 million in a round, which will see participation from both existing and new investors, reported LiveMint.
6. Maharashtra government and Foxconn are likely to sign a deal under which the world’s biggest contract manufacturer of consumer electronics will finally set up a manufacturing hub in the state.
7. Ola has signed a memorandum of understanding (MoU) with the Haryana government’s department of employment to create 35,000 entrepreneurial opportunities in the state.
8. Photo sharing mobile application Vebbler has raised an undisclosed amount in a pre-series A funding round from a clutch of investors.
9. Amazon.com has made a fresh infusion of Rs 230 crore into its payments arm Amazon Pay, months after it pumped in Rs 195 crore into the business in March.
10. LeapFrog Investments, the leading investor in companies that deliver healthcare and financial services for emerging consumers, has acquired a majority stake in Mumbai-based medical products company Ascent Meditech for an undisclosed amount.
11. Professional networking company LinkedIn said its user base in India has crossed the 50 million mark.
12. Online education startup BYJU'S is in talks with new and existing investors to raise fresh funds of more than $150 million at a valuation of $1.8-2 billion, reported DealStreetAsia.
13. Amazon.com is in early talks to invest in India’s second largest pharmacy chain Medplus.
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