Retail News Round Up_Dec 18,2015

Retail News :

  • Freshdesk buys user engagement platform Konotor
  • Cabsguru raises angel funding; launches a bot to book cab rides
  • IRCTC passengers can now use Paytm to pay for food ordered online
  • Flipkart’s top shopper in 2015 is single, male and works in an office
  • K Sera Sera & United Mediaworks merge
  • Blubirch secures $2M from Chicago Capital Ventures & other investors
  • Spencer’s Retail to enter ecommerce with Meragrocer acquisition
  • HUL to buy Indulekha for Rs330 crore
  • PepsiCo to launch fastest growing snacks Doritos next week
  • Jabong launches UK-based brand Missguided
  • com to launch ten experience centers by March 2016

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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Today’s M & A Deals_Dec 17,2015

M & A Deals :

  • Housejoy raises $22.4M from Amazon, others
  • Freshdesk acquires Konotor for in-app customer support play
  • Spencer’s buys online supermarket Meragrocer
  • Health-tech startup MeraDoctor gets pre-Series A funding from Unilazer
  • Blackstone to buy stake in SaaS firm IBS Software for $170M
  • Narayana Health raises $27.5M anchor investment from GIC, others
  • Japan’s Takasago picks stake in clean-tech firm IClean
  • Mahindra Holidays picks 51% stake in Swedish spa hotel Visionsbolaget
  • Blubirch raises $2M from Chicago Capital, Sanjay Mehta, others
  • Godrej Agrovet raises stake in Astec LifeSciences to 52.28%

 

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

 

Connect with us