Retail News Round Up_Dec 11,2015

Retail News :

  • Holisol Logistics raises $10 million in funding led by CLSA Unit
  • ZomatoOrder’s new feature enables consumers to chat real time for any queries
  • Snapdeal launches its seller experience enhancement platform, Sherpalo
  • Mechanical watches catch up with India as exposure to global trends rises
  • Pharmacy chain MedPlus to raise 420 crore
  • Roadrunnr ties up with InstaVeritas for background checks on delivery executives
  • Sony LIV launches paid subscription service for Hindi movies
  • Eko launches wallet in collaboration with RBL Bank & NPCI
  • Homestudio raises $5M from Bren Corporation
  • Soon, Paytm Wallet Payments Allowed For Delhi Metro Rides
  • Google Launches a Dedicated Website to Capture the Digital Revolution in India

 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.”

Suze Orman

 

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Today’s M & A Deals_Dec 11,2015

M & A Deals :

  • Digital analytics startup PropheSee raises $516K in angel round
  • Ratan Tata invests in local services marketplace UrbanClap
  • Online furniture startup Homestudio raises $5M in seed funding
  • Luxepolis to raise around $1M from Mumbai-based investor
  • Mobile payment solutions startup Paynear raises $2.5M
  • Havells to sell Sylvania, another unit to Chinese firm for $205M
  • TPG Growth buys out Actis in Sri Lanka’s Asiri Hospital
  • French stationery major BIC Group acquires Cello Pens
  • Blume, Uniqorn invest in money transfer app Chillr
  • MCB Group invests in robotics firm Partnering Technologies
  • HIG Capital acquires New York-based Constructive Media
  • Villgro Innovations invests in diagnostics startup OmiX Labs
  • Logistics startup BlackBuck raises $25M from Tiger Global, others


 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.”

Suze Orman

 

Connect with us