Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Japanese operator SoftBank and compatriot car maker Honda announced they have started a use case-based verification of technologies to reduce collisions between pedestrians and vehicles using a 5G Standalone mobile communication system and a cellular V2X communication system. Using SoftBank’s 5G SA experimental base station installed at Honda’s Takasu Proving Ground, located in…
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Primer Sazze Partners, a San Jose-based venture capital firm, announced today it has raised its second fund at $127 million (150 billion won) to invest in startups founded by Korean entrepreneurs in Asia and North America. South Korea-based conglomerate LG Corporation and Hana Financial co-led the second fund, with participation from a number of Korean…
Networking equipment company Netgear has released yet another round of patches to remediate a high-severity remote code execution vulnerability affecting multiple routers that could be exploited by remote attackers to take control of an affected system. Tracked as CVE-2021-34991 (CVSS score: 8.8), the pre-authentication buffer overflow flaw in small office and home office (SOHO) routers…
Nokia has entered the Software-as-a-Service (SaaS) market with the announcement of multiple services. A trio of services have been announced with the aim of capitalising on a SaaS addressable market – comprising CSPs and enterprises – with a value of $3.1 billion and an annual growth rate of approximately 25-30 percent. Raghav Sahgal, President of…
Nokia has entered the Software-as-a-Service (SaaS) market with the announcement of multiple services. A trio of services have been announced with the aim of capitalising on a SaaS addressable market – comprising CSPs and enterprises – with a value of $3.1 billion and an annual growth rate of approximately 25-30 percent. Raghav Sahgal, President of…
