World Economic Forum (WEF) meeting is the perfect place to represent future business plans. Tech Mahindra, an Indian IT service provider, has been seeking opportunity to invest in startups since long. Finally, the Indian IT giant has chosen the meeting to elaborate its economic strength, technical know -how and keenness to portray itself as a potential startup investor.

Greatist has raised 4.5 million US dollar in Series A round. The company will utilize the funds to add more staffs, on the advertising department, to create additional custom programs like events and original content, according to Derek Flanzraich, CEO of Greatist.

Paris-based music streaming service Deezer has raised around $109 million in a Series E round of funding led by Access Industries. The latest funding will help the company to attract more subscribers even after putting their IPO plan on halt.

Luxe valet parking app is partnering with Tesla. The two-year old tech startup will provide Tesla owners in New York and San Fransisco its on-demand valet parking service.

Cocoon Networks, a Chinese-backed venture capital group is setting up a £500 ($700) million fund in London. The fund is aimed to invest in European tech startups.

The self-propelling stroller, introduced by the crowdfunder Indiegogo, is said to revolutionize the concept of a perambulator. Keeping in mind the needs of a parent, the stroller boasts of features like automatic movement controlled via sensors, built-in rocker, bottle warmer, canopies to weather different climatic conditions, to name a few. Its maker, Guillermo Morro, has also addressed all the safety concerns by assuring his audience that his highly capable team has always treated this as a top priority.

Wearable IoT (Internet of Things) World launched Monday its Hong Kong operation after receiving $4.5 million worth of funding from China-based investor Radiant Venture Capital.

New York City gets a $176 million federal funding to clean up the natural disaster scene, specially after Hurricane Sandy. The fund was raised through a national contest organized by the Department of Housing and Urban Development, to better prepare the citizens for any forthcoming natural disaster. Additionally, the city now has the $100 million from Mayor de Blasio to build their large-scale flood protection system around Lower Manhattan.

Venture capitalist poured a total of $37 billion worth of funds to start-ups in China in 2015, making it the biggest challenger to the leader in the Tech industry, which is the US.

JD.com, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.