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Retail News Round Up_April 21,2016

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Retail News :

Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader
-Indra Nooyi

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Retail news Round Up_March 16,2016

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Retail news :

  • Sri Sri Ravi Shankar plans to take FMCG space by storm
  • E-commerce firm Infibeam seeks up to $67 million in sector’s first IPO
  • Amazon offers to help startups in AP BusinessLine
  • Government promises jewellers ‘zero interference’ with taxman over excise duty levy
  • Private equity funds, textile companies vie for debt-ridden Alok Industries
  • Maha govt for invoking IT Act on illegal online medicine sale
  • Government to promote India as investment destination for startups
  • Google, Microsoft, and Mozilla Announce ‘WebAssembly’- A Faster Web Standard
  • Reliance Jio signs intracircle roaming deal with BSNL
  • Viacom18 ties up with Robosoft, Kaltura & others for VOOT
  • Zee Media launches global English news channel WION
  • Credihealth adds 50 more hospitals to its platform across India

 

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead

 

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Retail News Round Up_Feb 18,2016

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Retail News :

  • Worlds cheapest smartphone priced at Rs 251 hits Indian market
  • Paytm to leverage merchant partnerships & consumer base to triple its wallet transactions to $10 million a day
  • Fashion brand Ws parent plans to raise $100 million from PE funds
  • Google makes fresh push into grocery delivery

  • Britannia to invest Rs 900 crore on new greenfield plants, innovation
  • Amazon launches ‘Tatkal’ initiative for small and medium businesses
  • Abof clocks Rs 100 crore gross merchandise value within 90 days of launch
  • Alibaba to work with NDRC in rural areas
  • Amazon expanding deliveries by its ‘on-demand’ drivers
  • Small sellers skip add-on options in online marketplaces
  • PepsiCo inks pact with Maharashtra to promote fruit processing
  • Big Bazaar Direct ties up with Oxigen Services to expand its e-commerce reach
  • Tracxn raises fresh funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora & Anand Rajaraman
  • Uber Signs Agreement with Maharashtra Govt to Create 75,000 Jobs #MakeinIndia
  • Foodpanda launches 30 Min Express Delivery in Gurgaon
  • Freedom 251 Quadcore Smartphone 1GB RAM Launched For Rs. 251 ($3.8)

Freedom 251 smartphone

 

“Don’t let the fear of losing be greater than the excitement of winning.”

-Robert Kiyosaki

 

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Today’s M & A Deals_Dec 22,2015

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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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Retail News Round Up_Dec 15,2015

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Retail News :

  • Alibaba agrees on $266 million acquisition deal with South China Morning Post
  • PayWorld planning to raise around $50 million
  • Pepsi is launching a new kind of Gatorade in 2016
  • Xiaomi to sell Red Mi Note Prime on Amazon.in, Mi.com from December 15
  • Google Just Hinted at Split-Screen Multitasking in Android N
  • ‘Facebook at Work’ Finally Launching Soon
  • Datawind To Unveil a Rs 3,000 4G LTE Smartphone with 1 Year Unlimited Browsing!
  • Snapdeal launches billion-dollar loan plan for its merchants
  • Teesort eyes Rs 500 crore sales in 2-3 years, overseas foray
  • Trade and industry bodies to start a special campaign to ‘save GST’

 

Today’s Wealth Mantra !

“Mutual funds give people the sense that they’re investing with the big boys and that they’re really not at a disadvantage entering the stock market.”

-Ron Chernow

 

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Retail News Round Up_Nov 19,2015

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Retail News :

  • UrbanClap raises Rs 165 crore in Bessemer Venture-led funding round
  • Online ethnic wear retailer Peachmode ties up with Voonik
  • Personal shopping app startup Voonik opens web shop now
  • Parag Milk Foods to launch Germany’s ‘Almette’ cheese in India
  • Amagi plans to raise Rs 165 crore in Series D funds for expansion plans
  • OnMobile will launch new products in March-June 2016
  • Google tries to woo Indian startups with free cloud and work app offers

Today’s Wealth Mantra !

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

– Phillip Fisher

 

Retail News Round Up_Oct 26,2015

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Retail News :

  • Paytm Will Now Allow Wallet Top Ups At Bank Of Maharashtra Atms
  • Fork Media Acquires Equity In Wifi Ad Network Spid
  • Erosnow Ties With Ortel To Offer Subscription Based Movie Streaming
  • Citrus Acqui-Hires Payments Company Zwitch
  • 30 Million Mobile Number Portability Requests In India In August 2015
  • Vidooly Launches Cms For Youtubers, Mcns & Brands
  • Flipkart Sells $200 Million Worth Of Mobile Phones During ‘Big Billion’ Sale
  • Mobikwik Looks To Raise $50-100 Million To Drive Expansion
  • Reliance Jio Is Determined To Launch Their 4g Services Packed With A Smartphone Costing Just Rs 4000
  • Twitter Has Launched Twitter Polls For Users Across The World.

 

 

Morning Business News Round up_September 22, 2015

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Morning Business News :

  • Infy Bags Rs 1,320cr Contract To Build GST Network
  • India’s Ashok Leyland Plans To List Financing Arm
  • Oil Prices Up 2 Per Cent After US Drilling Falls
  • Enhanced Southwest Monsoon To Bring Good Rains: IMD
  • Adani Eyes 20% Growth In Rs 20K Crore Agro Biz
  • Declare Foreign Asset By September 30 Or Face Consequences: Finance Ministry
  • Bain Capital Acquires 10% Stake In L&T Fin For Rs 1370 Cr
  • LIC Big Market Player, Not Only To Bailout Divestment: FM
  • Call Drop Issue: Bharti Airtel Moves All Prepaid Users To Per-Second Plan
  • Govt Considers FDI Cap Hike In DTH, Cable Networks; Dish TV Up 4.5%
  • Godrej & Boyce Aims At Rs 10,000 Cr Turnover This Year
  • Corporate Tax Exemptions Phase-Out May End MAT
  • Ricoh Looking At Digital India Projects To Drive Revenue Growth
  • Air India Inaugurates Airbus A-320 Training For External Pilots
  • After 10 Years, Makemytrip Turns To Hotels, Packages To Drive Growth
  • Defamation Suit Against Website: HC Stays Rs. 50-Lakh Penalty On NSE
  • Google Aims To Make India A Hub For App Development

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  • Amtek Auto Fails To Meet Bond Redemption Deadline
  • Aditya Birla Minerals To Sell Australia Copper Mine To Lighthouse Minerals
  • Power Grid Gets Shareholders Nod To Raise Rs14,000 Crore In FY17
  • OVL Chasing $712 Million In Dues From Foreign Govts
  • GE Says No To Nuclear-Power Plants In India, Cites Liability Risks
  • Give Govt Access To Whatsapp Messages, Emails: Draft National Encryption Policy
  • Black Money: Declare Foreign Assets By Sep 30 Or Face Consequences, Says Finmin
  • Sensex Ends Flat To Settle At 26,193; Nifty Closes At 7,977
  • RBI May Cut Policy Rate By 25 Bps On Sep 29: Report
  • US-Based Healthcare Tech Company To Invest `750 Cr
  • Domestic Mfs Have Got $18b Of Inflows In 1 Year: Sikka
  • Indian IT Cos Among World’s Worst Paymasters

Retail News Round Up_Sep 15,2015

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Retail News :

  • ShadowFax raises $8.5M from Eight Road Ventures
  • Axis Bank’s Lime app integrates wallets, shopping, payments & banking
  • Online bike marketplace Credr raises $15M from Eight Roads Ventures
  • Amazon expected to launch Kindle with Indian language support in December or January
  • Google & Twitter to launch open source publishing platform
  • Flipkart, Snapdeal, Paytm plan hyperlocal push
  • MoEngage raises $4.25 million from Helion, others
  • Paytm ties up with educational institutions to introduce cashless payments
  • OCM brings Pakistani brand Sana Safinaz to India
  • Xiaomi plans to push India sales through its ecommerce site Mi.com

 

Retail News Round Up_Aug 21,2015

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Retail News :

  • MakeMyTrip launches train booking app in 5 Indian languages
  • Singapore-based social network migme signs up with Qyuki MCN
  • YouTube to launch YouTube Spaces in Mumbai with Whistling Woods
  • Google joins Facebook in trying to prevent IAMAI from taking strong anti-Zero Rating stand
  • Ola Launches ‘Ola Select’ Exclusive Benefit Program they Will Offer Free in-Cab WiFi and More Perks
  • Mobile payments app Paytm to introduce messenger that allows consumers to bargain with merchants
  • Aditya Birla Group launches 20-day startup program ‘Aditya Birla Bizlabs’
  • Startups prefer raising seed capital from angel investors rather than from seed funds
  • Paytm set to foray into financial services business
  • Kalyan Jewellers mulls IPO route to raise capital
  • CaratLane to invest Rs 60 crore in marketing, branding and opening new stores
  • Old brands like BPL, Kenstar & Onida trying to resurrect by selling products on ecommerce portals

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