Retail News Round Up_Dec 03,2015

Retail news :

  • BigBasket set to close Rs 800 crore funding
  • Chennai rains: Indian startups like Zomato, Paytm and Ola kickstart relief measures for those stuck
  • Flipkart picks up strategic minority stake in digital mapping company MapmyIndia
  • Government plans to take etailers like Flipkart, Snapdeal to rural areas
  • Paytm partners with ICICI Bank to launch virtual prepaid cards for its wallet users
  • Delivery startup MagicTiger acquires Bangalore-based eCommerce App Instano

  • Womens’ apparel brand Kaaryah raises funding
  • Aditya Birla Group to handhold textile value-chain partners to scale up
  • CCI asks PVR to publish details of DT Cinema acquisition
  • Danone plans to serve ‘mishti doi’ in Europe
  • Kidswear brand Poney plans 25 more stores in India
  • Andhra Pradesh eyes Rs 5,000 crore investments in food processing by 2020
  • Times Internet buys Get Me A Shop
  • YuppTV launches movie streaming service YuppFlix with 5,000 movies
  • Twitter India’s Promoted Videos consumption grew 5X over the year
  • Catch launches Hindi version with exclusive and translated content
  • BetterPlace ties up with HouseJoy for security verification

 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation”

-Suze Orman

 

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Today’s M & A Deals_Dec 03,2015

M & A Deals :

  • Indegene acquires US-based health analytics platform
  • Ratan Tata-backed KAARYAH gets pre-series A funds from Mohandas Pai, Saha Fund

  • Zapluk raises angel funding from Apple’s Sharma, others
  • Tiger Global raises new $2.5 billion fund
  • Zuckerberg to give away 99% of Facebook shares
  • Sun Life to hike stake in JV with Aditya Birla Group for $250M
  • Oliphans’ Mohit Gulati launches early-stage fund Altius
  • IFC to invest $60M in Continental Warehousing
  • Nilgiri Dairy ties up with local vendors in north India
  • Trifecta Capital to invest $26M over next year, strikes three deals


 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation”

-Suze Orman

 

Connect with us

 

Retail News Round Up_Oct 17,2015

Retail News :

  • Aditya Birla Group launches fashion portal abof.com
  • Rel Retail to launch Lyf smartphones
  • Snapdeal to market Uttarakhand’s handicraft, handloom products
  • M&S expects 10-15% increase in sourcing from India
  • WalmartLabs to add hundreds of jobs in Bengaluru
  • Bombay Dyeing’s Rs 230 crore sale of textiles unit cancelled
  • FSSAI takes junk food off school menu

  • Reliance SmartCare allows users to recharge with tweets
  • Paytm now lets kirana stores, fast food joints etc accept payments through QR codes
  • CCI approves Alibaba’s 4.14% stake purchase in Snapdeal
  • TRAI orders telcos to pay consumers Re 1 in case of call drops from January
  • Bits Pilani Alumni Win Patent Infringement Case Worth $862.4 Million Against Apple
  • Homers.in secures seed funding

 

 

 

Retail News Round Up_Aug 22,2015

Retail News :

 

  • Future Group firm sells 2.02% stake in Pantaloons
  • Philips appoints an Indian CFO for the first time
  • After SRSGrocery.com, SRS Group to open 3 more online portals
  • Connect India in talks with Flipkart, other e-commerce firms to enhance delivery and distribution
  • FirstCry spends around Rs 20 crore; hands out one million gift boxes to moms in hospitals
  • Prabhat Dairy’s Rs 300-cr IPO to hit capital markets on August 28
  • Starbucks is transforming coffee shops into bars
  • Like Xiaomi & Microsoft, Micromax plans to develop own OS across platforms
  • Government frames policy for e-marketing of handloom products
  • IntelligenceNODE raises $4M from NEA & Orios Venture Partners
  • Aditya Birla Group launches startup incubator Bizlabs

 

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Retail News Round Up_Aug 21,2015

Retail News :

  • MakeMyTrip launches train booking app in 5 Indian languages
  • Singapore-based social network migme signs up with Qyuki MCN
  • YouTube to launch YouTube Spaces in Mumbai with Whistling Woods
  • Google joins Facebook in trying to prevent IAMAI from taking strong anti-Zero Rating stand
  • Ola Launches ‘Ola Select’ Exclusive Benefit Program they Will Offer Free in-Cab WiFi and More Perks
  • Mobile payments app Paytm to introduce messenger that allows consumers to bargain with merchants
  • Aditya Birla Group launches 20-day startup program ‘Aditya Birla Bizlabs’
  • Startups prefer raising seed capital from angel investors rather than from seed funds
  • Paytm set to foray into financial services business
  • Kalyan Jewellers mulls IPO route to raise capital
  • CaratLane to invest Rs 60 crore in marketing, branding and opening new stores
  • Old brands like BPL, Kenstar & Onida trying to resurrect by selling products on ecommerce portals

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