Deals this week: Nestlé, Bright Lifecare, Avon Products

Nestlé and Samsung have collaborated to develop a new digital health platform that will provide personalised user recommendations on their nutrition, lifestyle and fitness.

The Nestlé Institute of Health Sciences (NIHS) and the Samsung Strategy and Innovation Centre (SSIC) in Silicon Valley, California, US, will initially develop the platform.

The collaboration will combine internet of things (IoT) with breakthrough nutrition science. Samsung’s ARTIK IoT platform and deep semi-conductor expertise coupled with Nestlé’s expertise in nutrition and biomedical science to provide people with new awareness into health and wellness.

The first pilot project is scheduled for launch in early next year.

In a Series E round of funding, an online healthcare product supplier Bright Lifecare (operating as HealthKart.com) has raised Rs800m ($11.96m).

The round has seen the participation of Indian venture capital firms Sequoia Capital India Advisors, Omidyar Network India Advisors and Kae Capital.

Through its wholly-owned subsidiary Avon International Operations, beauty and cosmetic products manufacturer Avon Products intends to raise $400m through a private placement of senior secured notes due 2022.