Weekly News Roundup

Weekly News Roundup

U.S. privacy group Electronic Privacy Information Centre has filed a formal complaint with the Federate Trade Commission over Facebook’s use of user data in its “emotion contagion” study.

Pune based TripHobo, an online travel planning portal announced their series A funding from Bangalore based Kalaari Capital. TripHobo has not disclosed the amount of funding. However, there is an official confirmation that funding is between USD 1 million to 3.5 Million.

It was announced on Friday that privately held media and entertainment group Carnival, is acquiring a real estate developer Housing Development and Infrastructure Ltd’s (HDIL) multiplex chain Broadway Cinema for Rs 110 crore ($18 million).

MiCar has announced the start of its Delhi/NCR operations providing hire car letting services to its customers. In the first phase of operations, the corporate has introduced cars in each of the three specified classes – compact, sedan, and sports utility vehicle (SUV) within its fleet of 50 cars.

Bangalore based big data analytics innovator, Mu Sigma has acquired the Singapore-based social media analytics firm Webfluenz, reports ET.

Zomato made its first global acquisition. It bought out New Zealand based restaurant discovery service, MenuMania for an estimated deal of 5crore INR.

A tea cafe chain ‘Chaayos’ is relatively a new entry in yet another unique concept of the techie brains of the country. It was started by two IIT graduates and currently have five cafes with the themeExperiments with Chai in Gurgaon and Noida and are looking to raise funds through VC.

In order to provide better health care to rural Indians and to save lives, HP has teamed up with Narayana Health to open 14 eHealth Centers, which would be powered by Cloud and IT infrastructure from HP, reports ET.