Indian e-commerce giant Flipkart to acquire an online pharmacy marketplace to foray into healthcare space – TechCrunch

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…

Primer Sazze Partners closes $127M second fund aimed at South Korean entrepreneurs – TechCrunch

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…

Critical Root RCE Bug Affects Multiple Netgear SOHO Router Models

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…