Today’s M & A Deals_Feb 22,2016

M & A Deals :

  • Wadhawan Group in talks to buy stake in Citrus Hotel
  • Bain, GIC & Advent buy out Warburg Pincus, others in QuEST for $350M
  • Xpressbees raises $12.5M from SAIF Partners, IDG Ventures, others
  • ICRISAT incubator to float around $15M fund for agri startups
  • Ethnic products marketplace Jaypore raises $5M from Aavishkaar
  • FTIL-NSEL merger stayed till March
  • Indonesian startup GO-JEK acquires Indian firms C42 Engineering, CodeIgnition

 

Today’s Wealth Mantra !

“The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.”

-Clive Granger
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Retail news Round Up_Feb 19,2016

Retail news :

  • Private equity firm Samara Capital files winding-up petition against Guardian Lifecare
  • Flipkart and Amazon launch initiatives to to get sellers on board in 60 minutes
  • Walmart just signaled a terrifying new reality for American retail
  • Ikea to make India global sourcing hub for bamboo products

  • Online retail store Jaypore raises Rs 30 crore in funding from Aavishkaar
  • Lenskart plans to expand operations through franchise model
  • Costa Coffee to focus on making India outlets profitable
  • Tata Global looks to accelerate Starbucks store expansion
  • Giving Indian shoppers less means big bucks for D-Mart
  • ParkAvenue Deodorant Wears a New Look, Courtesy WOW Design
  • Wal-Mart to create hundreds of fresh food manager roles
  • Pharmacy aggregator CareOnGo raises angel round
  • Xpressbees busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant Capital
  • Truecaller Launches TrueSDK to Help 3rd Party Apps Verify New Users via Phone Numbers
  • Tata Unveils the First India-Made Robot ‘Brabo’ in 2 months #MakeinIndia

 

“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”

-William Durant

 

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