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Retail News :
- Snapdeal in talks with investors to raise Rs 2,000 crore for its digital services platform FreeCharge
- Flipkart booted out 40 sellers in order to improve the quality of its marketplace
- US retailer The Childrens Place plans to open 100 stores in India
- Kumar Mangalam Birla may raise stake in Century Textiles by 5%
- Payment gateway Razorpay raises $9M from Tiger Global and Matrix Partners
- Grofers acquires logistics service provider Townrush
- Grofers Acqui-hires Bangalore-based Logistics Startup Townrush
- Anit-fraud Tech Startup Simpli5d Secures Funding From Redcliffe And YourNest
M & A Deals :
- Textbook publisher S Chand seed funds Smartivity with $200K
- Razorpay raises $9M from Tiger Global and Matrix
- Hotels aggregator QiK Stay secures $250K in seed round
- Roadrunnr in talks with Sequoia, Nexus & others for fresh funding
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
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