September 26th, 2018E-commerce major Flipkart said it has acquired Israel-based Upstream Commerce for an undisclosed amount as the Walmart-backed firm aims to further strengthen its selection and pricing capabilities.
Flipkart, which is locked in an intense battle for market leadership in India against American rival Amazon, will get access to advanced...
August 15th, 2018The ever emerging Chinese smartphone maker Xiaomi announced that it has launched its first official store in Israel. The store was opened in the coastal city of Tel Aviv on Tuesday.
The company stated that the newly set up store will be offering more than 100 products, that will comprise of smartphones, laptops, cameras, speakers,...
July 27th, 2018Redkix, an Israeli email startup that provides tools to combines email, messaging and calendar features more effectively into one app has been acquired by Facebook. Facebook made the purchase in hopes of building out its own communication features inside Workplace, which is the enterprise version of Facebook.
Redkix has raised $20...
September 15th, 2016Applause, the in-the-wild digital testing leader, announced it has raised $35 Million in a Series F financing round. The largest new investor in this financing round was Credit Suisse, and the round also included an investment by strategic partner, Accenture. The funding will increase the company’s investment in its strategy as the...
September 5th, 2016Israel's Space Communication Ltd said on Sunday it could seek $50 million or a free flight from Elon Musk's SpaceX after a Spacecom communications satellite was destroyed last week by an explosion at SpaceX's Florida launch site.
Officials of the Israeli company said in a conference call with reporters Sunday that Spacecom also could...
June 8th, 2016T-Hub, a technological incubator started by the Telangana government, today said it has signed an MoU with Tel Aviv University's entrepreneurship centre StarTau for launching an accelerator program for agritech startups.
According to an official release from T-Hub, an accelerator program will be launched in India and Israel and it...
August 31st, 2015If Prime Minister Narendra Modi's Independence Day dream of India succeeding as 'startup' country has to kick start, there is a lot to learn from the original 'startup nation' Israel. The tiny country of Israel mushrooms almost two new startup companies every day and today houses some 5000 startups. New Delhi of course is just starting...
