ImpactNetwork, the world largest network of green and social startups, is launching activities in Israel.  Impact Network will work in partnership with Impact First Investments and TechForGood. http://www.globes.co.il/en/article-impactnetwork-launches-israeli-green-social-startup-operations-1001140187

A 13-person government and business leaders’ delegation from the Indian state of Gujarat have been visiting Israel, to strengthen economic and social ties between the two countries. http://www.timesofisrael.com/gujarat-team-seeks-ventures-inspiration-in-israel/

Israel’s ambassador to India Daniel Carmon has announced the winners of the India leg of the Start Tel Aviv contest.  Two women entrepreneurs – Komal Talwar, of Xlpat Labs, and Mausumi Acharyya, of Advenio will be flown to Israel for … Continue reading →

Israeli flavors company Frutarom continues to expand by purchasing Irish savory taste solutions firm Redbrook for 40 million Euros.  Redbrook doubled growth in 3 years to 22.7 million Euros.  It is Frutarom’s sixth acquisition of 2016. http://www.frutarom.com/FrutaromNew/Templates/showpage.asp?DBID=1&LNGID=1&TMID=178&FID=618&PID=889&IID=2341

I reported on Israel’s Freightos previously (in Oct 2015).  Now Freightos has set up the world’s first online web market place for international freight – giving businesses instant comparisons, booking, and management of freight services from multiple logistics providers. http://www.timesofisrael.com/freightos-aims-to-make-shipping-easier-cheaper/

Teridion, the US cloud-based networking company that delivers fast Internet experience, has announced its new Research & Development center in Israel, tripling the size of the former local office and getting ready for new hires. http://www.businesswire.com/news/home/20160731005054/en/Teridion-Expands-Office-Israel

Israel’s HR Givon (Givon), manufacturer of metallic parts and assemblies for the Aerospace industry, has been bought by India’s Wipro Infrastructure Engineering (WIN) one of the largest independent hydraulic actuator manufacturers in the world. http://wap.business-standard.com/article/companies/wipro-infra-engg-to-acquired-israel-based-givon-in-all-cash-deal-116080101266_1.html

Israel’s unemployment rate fell to a new all-time low of 4.7% in July.  The rate of participation in the workforce rose, to 64.4% from 64.1% in June. And (TY Dan) Standard and Poor’s confirmed Israel’s A+ credit rating with growth … Continue reading →