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M & A Deals :
- Times Internet acquires majority stake in Taskbucks for $15M
- Flipkart sells stake worth $28-36M from ESOP trust
- Yet-to-launch home services platform Renowala gets angel funding
- Virtual reality headset firm Absentia gets $180K from Astarc
- CashKaro gets $4M in Series A funding from Kalaari
- Laundry service platform Flashdoor gets angel funding
Retail News :
- Flipkart sells marginal stake in employee trust fund to HNIs for Rs 180-240 crore
- CashKaro raises Rs 25 crore in Series A funding from Kalaari Capital
- Western food chains like Burger King, Pizza Hut tie-up with big brands to step up footfall
- Shoppers Stop launches reality-based dressing room in Mumbai
- MakeMyTrip launches budget hotels aggregator Value+ Hotels
- Ola launches the Ola Money app for payments across merchants
- YouTube launches ad supported music app called YouTube Music
- Vodafone to invest Rs 13,000 crores in India for expansion & more
- Online educational org Udacity raises $105M from multiple investors
Retail News :
- CashKaro targeting over Rs 300 crore in GMV
- Pepe plans to raise India marketing spend by 20%
- LVMH fashion and leather sales growth slows in Q3
- Burger King partners Scootsy for home delivery
- INOX partners wtih SAP to integrate back-end operations and facilitate customers
- Mars International launches pet food brand ‘Eukanuba’ in India
- To Stop Physical Publishing of 3.5Cr Pages Of Gazette Notifications; Moves To ePublishing on Massive Scale
- ISRO Will Launch India’s Own Satellite Navigation: IRNSS; Will end American Monopoly Of GPS
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