Retail News Round Up_Dec 08,2015

Retail News :

  • Flipkart Internet employees draw more than Rs 1 crore salary annually
  • SelectCity Walk takes on etailers with home delivery service
  • Myntra launches version 2 of app
  • Citrus Pay ties up with RuPay, Visa to boost business in payments space
  • CustomFurnish.com raises Rs 30 crore from Agnus Capital
  • Faasos raises $30M from Ru-Net and other investors
  • India.com launches news app Newsbuddy on Android
  • APUS Group to setup Rs 300 Cr fund for Indian mobile startups
  • Indian IT Industry Will Create 2.7L New Jobs in 2016
  • Nexus Venture Partners raises $450 million, first homegrown VC firm to cross $1 billion in assets

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

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Today’s M & A Deals_Dec 08,2015

M & A Deals :

  • Furniture e-tailer Customfurnish.com raises $4.5M from Agnus Capital
  • Paytm buys home services marketplace Near.in
  • Leaf raises $250K in seed funding for women safety wearables
  • Energy analytics startup Zenatix gets funding from Blume Ventures
  • Splitkart gets angel funding from top techpreneurs
  • Dr Lal PathLabs raises $28.6M ahead of IPO
  • Alibaba launches online platform SMILE for Indian SMEs

 

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

 

Connect with us