Retail News Round Up_Dec 22,2015

Retail News :

  • Placements in newer IITs get off to a strong start as e-commerce cos line up with job offers
  • PepperTap bags Rs 26 crore in debt finance, acquires Jiffstore
  • Amazon India expands logistics footprint to 2,100 urban centres
  • Nestle India gears up to launch more Maggi variants

  • Demographic shifts, ecommerce, digital space to reshape FMCG
  • Godrej Agrovet buys Creamline’s 25% stake for Rs 150 crore
  • Late stage funding dries up for start-ups
  • Raymond to invest Rs1,500cr in Amravati
  • Future Retail signs bond deal with Axis Bank
  • Intex launches smartphone with Truecaller & Truedialer integration
  • Government to make all CBSE textbooks available online

 

“When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.”
– Ellen DeGeneres

 

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Today’s M & A Deals_Dec 22,2015

M & A Deals :

  • RBL Bank raises $74M in pre-IPO round from ADB, CDC & others
  • Godrej Agrovet raises stake in Creamline Dairy to 51%
  • Bionpharma acquires 25 products of Banner Life Sciences
  • GSPL to buy stake from PE investors in Sabarmati Gas
  • Peppertap closes Series B round with $4M from Innoven; buys Jiffstore

  • Truck aggregator TruckMandi gets under $2M in pre-Series A funding
  • CarDekho parent buys virtual reality firm Drishya360s
  • Careers360 buys EntranceCorner for $1M to expand online test prep play
  • Google to back startups with up to $50K equity-free funding
  • Ovenfresh parent gets fresh funding from Kalaari Capital
  • Aspiring Minds acquires internship platform LetsIntern
  • RentOnGo gets funding from Snapdeal’s Chandrasekaran, GSF’s Sawhney, others
  • Xander to seal $550M platform deal with IFC for commercial realty

 

Today’s Wealth Mantra !

“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.”

-Mark Skousen

 

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