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