Retail news Round Up_March 10,2016

Retail news :

  • Uber’s $17M MoU with Haryana Govt to focus on ridesharing
  • Quikr launches product delivery & checking through Doorstep
  • PayU Biz to launch POS terminals in India by April 2016
  • InnerChef acquihires EatonGo and Flavour Labs
  • OYO Rooms ties up with PayPal for i’national transactions
  • Amazon India to Launch its own Digital Wallet, But Through Acquisitions
  • Ola to shut down its grocery and food delivery business next week

“Thinking is the hardest work there is, which is probably the reason why so few engage in it.

-Henry Ford

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Today’s M & A Deals_March 10,2016

M & A Deals :

  • Paragon raises $50M in first close of maiden PE fund, invests in Capacite Infraprojects
  • Indiamart raises Series C funding from Amadeus Capital, WestBridge & others
  • Innerchef acquires EatOnGo and Flavour Labs
  • Virtual reality startup SmartVizX raises $500K from IAN, Stanford Angels
  • Tata Power unit to acquire wind farm from Indo Rama

Today’s Wealth Mantra !

“Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”

― Warren Buffett

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