Retail news Round Up_Nov 13,2015

Retail news :

  • 60,000 Maggi kits sold out in 5 mins on Snapdeal
  • Ola acquires Geotagg to boost its intra-city bus shuttle service
  • FreeCharge to spend Rs 100 Cr for IPL sponsorship & promotions
  • Online grocery platform Indian Grahak acquires Dyscover
  • CarTrade acquires auto classifieds portal CarWale for $90M
  • Info Edge denies Mydala acquisition by Chinese search engine Baidu

Today’s M & A Deals_Nov 13,2015

M & A Deals :

  • CX Partners to invest in Agarwal Packers & Movers
  • Auto classifieds portal CarTrade buys rival CarWale
  • Indiabulls Housing to buy 39.8% in UK’s OakNorth Bank for $100M
  • Townsend Group invests in KKR’s realty NBFC
  • AB InBev makes formal $107B offer for SABMiller
  • Chennai Angels invests $250K in gaming startup Octathorpe
  • MOOC startup Udacity raises new funding round at $1B valuation
  • Delight Foods raises $500K
  • Nexus invests in US-based crowd-solving SaaS startup POPin