Affordplan raises Rs 20cr from Prime Venture Partners, Kalaari

Affordplan, a Delh-based fintech startup, today said it has raised Rs 20 crore, led by Prime Venture Partners and Kalaari Capital as a co-investor.
Affordplan is a financial product that empowers hospitals to improve access and affordability to medical services for its patients.
The company plans to use the Series-A funding to expand the current team, build the network and scale the business to new cities across India, Affordplan said in a statement.
* * * *
Asus to manufacture Zenfone 3 Max in India
Taiwanese handset maker Asus today said it will manufacture its newly launched 'Zenfone 3 Max' in India.

Launched earlier this month, the smartphone has already received a tremendous response from the domestic audience and to meet the expected demand of the smartphone, Asus will manufacture Zenfone 3 Max at a facility in Daman, the company said in a statement.

The production of Zenfone 3 Max will start from December 2016 and is the third smartphone to be locally manufactured after Zenfone 2 Laser and Zenfone Go last year, it added.
* * * *
L&T Technology Services partners CeNSE, IISc
L&T Technology Services has partnered with Centre for Nano Science and Engineering (CeNSE) and Indian Institute of Science (IISc), Bangalore to jointly work towards innovations in the areas of sensors and energy efficient systems based on nanotechnology.

"With the scope of innovation avenues opening up, the situation calls for increased cooptive associations from the value chain players. We are very pleased to partner an academia of the repute of CeNSE, IISc to drive further innovations," L&T Technology Services CEO and MD Keshab Panda said.
The company is also working closely with CeNSE, IISc in the field of robotics and other related futuristic technologies.