Tag: Grofers

Retail News Round Up_April 05,2016

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Retail news :

 

 

 

 

 

 

 

“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”

-William Durant

 

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Retail News Round Up_ Jan 08,2016

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Retail news :

  • Myntra to launch US brand The North Face
  • Amazon now sells its very own ARM chips
  • Titan Montblanc JV to have 50 stores in 5 yrs, to invest Rs 250 crore
  • Melorra sees light with Rs 33 cr in the box
  • FreshMenu raises Rs 110 crore in new round of funding
  • Grofers partners with Hamleys to deliver toys on demand
  • CCI approves Panasonic-GS Yuasa deal
  • DIPP secretary Amitabh Kant to take over as Niti Aayog CEO
  • India Inc pitches for clear roadmap on corporate tax reduction

 

“This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.”

-Lakshmi Mittal

 

 

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Retail news Round Up_ Jan 06,2016

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Retail News :

  • K Raheja Group to invest around Rs 525 crore in next 3 years
  • Qwikcilver eyes Rs 2,000-crore gift cards by March-end
  • Muthoot Exim launches gold recycling centre in Kolkata
  • Pizza Hut is unleashing a competitor to McDonald’s and KFC

  • B9 Beverages raises $6 million in series A funding
  • 45 Indian entrepreneurs in Forbes list of achievers under the age of 30
  • Tata invests in analytics co Tracxn
  • LuLu group offers Rs.1,000 crore investment in Lucknow
  • OnePlus Reveals Spare Parts Prices, A First in Smartphone Industry
  • Facebook releases new set of responses in support of Free Basics
  • MobiKwik opens Power Wallet API to all retailers
  • Uber launches carpooling for private car drivers in Bangalore
  • Grofers stops operations in nine Tier II cities

 

“A girl child who is even a little bit educated is more conscious of family planning, health care and, in turn, her children’s own education.”

-Azim Premji

 

Today’s M & A Deals_ Jan 06,2016

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M &  A Deals :

  • Marketing automation startup Blueshift raises $8M from Storm Ventures, Nexus
  • Alef Mobitech raises $5M from Tata Capital’s VC fund
  • Piramal invests in Chennai realtor Arun Excello
  • India’s most funded hyperlocal startup Grofers shuts shop in 9 cities
  • Kotak buys 10% stake in Anil Singhvi’s proxy advisory firm IiAS
  • 500 Startups leads $100K funding round in learning disorder tracker My Child App
  • Speciality chemicals firm Dorf Ketal acquires Filtra Catalysts
  • GM to invest $500M in ride-sharing firm Lyft

 

Today’s Wealth Mantra !

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

– Warren Buffett.

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Retail News Round Up_Nov 28,2015

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Retail News :

  • Jabong to launch Black Friday weekend sale
  • Kwality to launch a host of new value-added products in next 3-12 months
  • Goli Vada Pav ties-up with Foodpanda and Swiggy
  • US based Cox Automotive acquires stake in Mahindra First Choice
  • Grofers raises $120M from SoftBank & other investors
  • Paytm partners with Lendingkart to offer loans to sellers
  • Quikr to launch a platform for the film industry with filmmakers
  • Uber launches performance based loyalty programme for its drivers
  • IRCTC Revenues Jump to Record $3 Billion, Posts INR 130 Crore Profits!

 

Today’s Wealth Mantra !

“The four most dangerous words in investing are: ‘this time it’s different.”

– Sir John Templeton

 

 

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Today’s M & A Deals_Nov 27,2015

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M & A Deals :

  • Grofers raises $120M from SoftBank, Tiger Global and others
  • Former CEO of TBWA India raises seed funding for recruitment platform Talentrack
  • Stelae raises pre-Series A funds from Earlsfield, others
  • JMR Infotech seed funds ed-tech startup LearnOn
  • Hyperlocal drug delivery startup Pluss raises $1M
  • Wearables startup GOQii raises $13.4M from NEA, others
  • Warburg Pincus raises $12B for new global fund
  • Fresh veg supplier Lawrencedale nears Series A funding round


Today’s Wealth Mantra !

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

– Warren Buffett

 

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Retail News Round Up_Oct 27,2015

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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

 

 

Retail News Round Up_Oct 07,2015

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Retail News :

  • Any Move To Allow FDI In E-Commerce Will Be Opposed: CAIT
  • US Group: Put Alibaba Site Back On ‘Notorious’ Fakes List
  • Investors Get Chance To Diversify As Big Brands Like CCD And Indigo Owner Set To Enter Market
  • Grofers In Talks To Raise Rs 650 Crore; Softbank May Lead Latest Funding Round
  • Flipkart Launches Grocery Delivery App Flipkart Nearby

  • Arvind Targets Rs 250 Crore Revenue From Premium Brand Tresca In Five Years
  • Stalkbuylove Gets Funding From Ex-Rocket Internet CEO, Aecals Peter Kabel, Others
  • Tesco HSC Renamed Tesco Bengaluru
  • Tata Chemicals To Create New Brand For Food Portfolio
  • Licious, Grofers Partner To Scale Up Reach, Ensure Speedy Delivery
  • Naturally Yours Raises Funds From Angel Investor Sanjay Mehta
  • Consumer Durable Companies Like LG, Samsung Eye 30% Sales Growth On Festive Demand
  • Junior Dhoots Set To Transform Videocon From A Tech Follower To A Tech Leader
  • Godrej & Boyce Is Getting Sexier, In A Hurry
  • Adidas Indias Top Sports Goods Maker
  • Rajasthan Plans To Invest Rs 500 Crore In 500 Startups By 2020