Startup Street: Mobike Follows Rival Ofo To India

This week on Startup Street, Chinese bicycle sharing startup Mobike enters India; a one-year old startup looking to capitalise on India’s underserved feminine hygiene market with its environment-friendly products; co-creator of Android may be gearing up to sell his smartphone startup. Here’s what went on: China’s Mobike Enters India App-based bicycle sharing platform Mobike has forayed into India by launching…

Startup Street: This Startup Wants To Give Your Child A Robot Companion

  This week on Startup Street a venture that’s credited with making India’s first robotic companion; a report shows private equity investors prefer India more than any other country in South Asia; and how one the finest incubators is finally making its way to the east. Here’s what went on. The AI Companion “Miko can tell if you're happy, Miko…

Gland Pharma investors weighing 74% stake sale to Fosun in Alternative Plan

fosun-eustan-ventures

The shareholders of Gland Pharma Ltd, including buyout firm KKR and Co., are considering selling a stake of up to 74% under the automatic approval route to China’s Fosun International after failing to secure government approval for an 86% stake sale so far, two people aware of the discussions said. The new structure is being considered as an alternative, in…