Indian tycoon keen to invest in Israeli start-ups |
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India’s richest person, Mukesh Ambani, hosted some Israeli start-up companies at a conference in India recently. The event was organised by the Ambani-owned Indian company Reliance Industries.
Heading the list of companies was SimilarWeb, which has developed a traffic monitoring and analysis tool for websites and applications. The company, which has raised US$40 million to date, was represented by cofounder and CEO Or Offer. Other Israeli companies making presentations included Celltick, a provider of medical services for mobile platforms, which has raised US$42 million to date, and Israeli start-up Winapp, which has developed technology linking the print world with the digital world. Other participants included large Israeli technology companies that are apparently looking for co-operation rather than investments. One is Perion Network Ltd, which markets software and applications, and another is Outbrain Inc., which has developed an engine for recommending content for websites. Please login or register to see the full article
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