Retail News Round Up_Dec 23,2015

Retail News :

  • Companies introducing new parental benefits to retain employees
  • Flipkart to help local firms to sell licensed global brands
  • Small cities, e-commerce will reshape Indian FMCG sector
  • Online B2B marketplace Shotang raises Rs 33 crore in funding
  • Shopmatic partners CAIT to bring its members on eLala platform
  • Voylla plans to set up 100 stores; invest Rs 25 crore for expansion

  • Adinath Agro raises series A investment from Carpediem Capital
  • Coca Cola to explore scope for Kinnow plant in Haryana
  • Cafe Coffee Day to extend home delivery to Mumbai and Delhi
  • in to expand operations next year
  • Sidbi clears Rs 930 crore from fund-of-funds to support venture capital funds
  • Hike Messenger Goes Multi-lingual with 8 Indian Languages
  • Hike to launch interface & keyboard in 8 Indic languages
  • Imtiaz Ali & nexGTv launch digital platform for content creators
  • Planet GoGo raises seed funding from HT Media and North Base Media

 

“When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.”
– Ellen DeGeneres

 

 

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Today’s M & A Deals_Dec 23,2015

M & A Deals :

  • Reliance Communications, Aircel in talks to merge
  • Shuttl raises $20M from Lightspeed, Sequoia and Times Internet
  • Adinath Agro raises funding from Carpediem, Kotak-backed hedge fund Infina
  • Palred invests $3M more in tech accessories portal LatestOne
  • SARE Homes raises $30M from KKR’s NBFC

  • Medi Assist invests $1M in Gul Panag-backed MobieFit
  • Doctor Insta gets $500K in pre-Series A round
  • Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery
  • Omidyar, Zephyr Peacock invest in Swarna Pragati Housing
  • Reward points startup PlanetGogo gets seed funding from HT Media, NBM
  • RCI Cash Management raises Series A funding from SIDBI
  • Hong Kong-based Vectr Ventures invests in coupons app LafaLafa
  • Home cleaning startup SBricks acquires Melway
  • Promoters sell 1.37% stake in Godrej Properties to Kotak Mahindra

 

Today’s Wealth Mantra !

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.”

-Ron Chernow

 

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