Retail News Round Up_Oct 27,2015

Retail News :

  • Netmeds secures $50 million in a round of funding led by OrbiMed
  • Vodafone to let JCB India manage its construction equipment remotely
  • Mxit shuts commercial operations in India
  • American Tower Corp acquires 51% stake in Viom Networks
  • Parcelled secures $5M from Delhivery & Tracxn labs
  • Flipkart Sold Whopping Rs. 1300 Crore Worth of Mobile Phones During ‘Big Billion’ Sale
  • Grofers to buy delivery startup Townrush
  • Roadrunnr raises Rs 65 crore from Sequoia Capital and Nexus Ventures
  • Online payment gateway Razorpay raises Rs 58 crore
  • Online pharmacy marketplace Netmeds.com secures Rs 324 crore in funding