Morning briefing: India’s start-up sphere on a roll-48 deals in three months

Start-up tracker Xeler8 reports 40 deals in the first quarter followed by 48 deals of mergers and acquisitions in the second quarter of the year. 

CIO Jul 13th 2016

Swedish telecom maker Ericsson moves three of its top executives to India. The move came in as a step to strengthen operations in the country.

PC shipment around the world sees a decline in the second quarter of 2016. The shipment rate has dropped down to 5.2 percent compared to the same period last year.

Aarvee India Lab comes out with transaction management app Qykly. Serves as an interactive personal assistant to keep a tab on expenses and transactions.

21 Indian start-ups showcase their innovation solutions at a business enclave in Nairobi. FICCI and the Technology Development Board (TDB) organized the event in Kenya which was presided by PM Narendra Modi.