Making yet another strategic investment in startups, TVS Motor Company Limited, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Limited, has signed a definitive agreement with New York-based Scienaptic Systems Inc to invest $7 million in the latter’s series-A funding. Scienaptic Systems is a big data analytics startup which has designed a unique platform called Ether using its proprietary machine learning and artificial intelligence algorithms.

(Dealstreet Asia)