Retail News Round Up_Oct 28,2015

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