Indian retail pharmacy sales have been expected to cross $11.5 billion in 2015. Many startups have appeared in the market of online medicine and CareOnGo takes a leading position among them in online pharmacy market. It has raised $300,000 for its seed fund round which will be used for its expansion in different major cities of India.
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Feelgood Leicester boosting hopes on rebalancing UK economy
The renewed activity of football Premier League is bringing cheer to Leicester city. The flourishing economic activity in the far neglected city is reviving the hopes on rebalancing the UK economy. Economists suggest for enhanced economic activity in East Midlands for rebalancing Britain's economy.
Massive cocoa production will revive struggling economy of West Africa
Experts of African economy believe that the growing cocoa production will help the West African countries to recover from the flagging economic condition.
African Dignitaries Join Investment Forum, Aims to Establish a Free Trade Zone
Heads and ministers of some African countries, representatives from business groups and other dignitaries will meet in Africa 2016. Egyptian government has organized the summit scheduled to be held on February 20-21. During the summit, the participant leaders will discuss ways to remove hurdles in Businesses and establishing a free trade zone in Africa.
Modo Payments raises $2 million in funding round
Dallas-based Modo Payments has raised $2 million in a funding round headed by Tim Keith. The company will use the money from funds to widen its payment services buisness.
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San Fransisco-based biotech accelerator IndieBio is determined to help biotech startups the way other accelerators have done for IT startups. The firm believes that biotech is a highly important sector to boost the quality of humanity and economy, and is convincing other investors to have the same vision.
Martin Hughes, founder of Toscafund warned that United Kingdom withdrawal from European Union will also force Ireland to quit. Brexit is also feared to bring recession in the UK
The England’s county of Cornwall is being reported to have substantial growing tech community as it ranks second for growth in the UK. The region is still striving to achieve better growth with the improvement of funding and workers’ skills.
PowerMoves celebrates Miami Demo Day every year since starting journey in 2014. It helps in transforming tech startup ideas into businesses derived from black women entrepreneurs. This year, RediFit, developer of a tech induced knee sleeves for the athletes useful in avoiding injuries, has won the $25,000 prize.
The travel industry intelligence platform in a podcast reveal the condition of startup and venture capital funding in travel industry. Two industry experts are present in the podcast.
Video analytic and collaboration company Vyopta announced on Thursday to receive Series A funding, AVX Partners lead the funding, which will be used to strengthen the company's product development.
A startup offering online eye tests received a $6 million funding in a Series A round to help expand the coverage of its service as well as acquiring more advanced technologies. The company claims that their services are clinically proven and accurate, in addition to being more convenient and affordable.
Citigroup raises salary of its CEO to $16.5 million in 2015. The bank has managed to be more efficient in operation under Corbat's leadership and passing mandatory stress test.
A leaked document revealed Facebook’s plan to start monetizing on of its fastest-growing and most popular product, the Messenger. The document stated that in the second quarter this year, a new feature would be launched, allowing businesses to send advertisement chats via Messenger.
