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Former Apple CEO-backed Misfit forays into India smartwear mkt

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Press Trust of India New Delhi
Last Updated : Sep 10 2015 | 3:42 PM IST
Misfit, which was co-founded by former Apple CEO John Sculley, today entered into the Indian market with its range of smart wearables.
"India is one of the fastest growing markets for consumer technology worldwide and is a hotspot of new tech and trends. We're excited to share our products with this growing, enthusiastic, and tech-savvy audience," Misfit CFO and COO Christy Le said.
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Industrybuying raises Rs 60 cr from Kalaari, SAIF & BEENEXT * Industrybuying.Com, a B2B e-commerce company, today said it has raised a Rs 60 crore funding, led by Kalaari Capital.
The Series B funding also saw participation from existing investor SAIF Partners as well as BEENEXT, it said in a statement.
The company intends to use the funds to further develop its e-commerce platform, establish nationwide sales force to target businesses throughout India, increase the vendor base and develop a full suite of digital offerings for B2B brands to sell online, it added.

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Innoviti launches smelending.Com
* Innoviti Payment Solutions, a payment automation solutions provider, today announced the launch of smelending.Com.
The new online lending marketplace will facilitate a seamless trade credit between manufacturers or suppliers, their credit-seeking trade buyers and trade finance lenders.
The seller is also able to reduce the risk and operational costs of collections, while the buyer gets access to attractive credit options through a choice of lenders, it said.
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R Chakraborty in Global Power 100 Women in Staffing Industry * Indian Staffing Federation President Rituparna Chakraborty has become the only Indian to be featured in Global Power 100 Women in Staffing Industry.
Chakraborty, has been featured in the Global Power 100 - Woman in Staffing & International 50 as per a recently released report by Staffing Industry Analysts.
Besides, being associated with ISF, Rituparna is also the Senior Vice President, TeamLease.

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First Published: Sep 10 2015 | 3:42 PM IST

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