Retail News Round Up_Oct 21,2015

Retail News :

  • Amazon says creating more than 100,000 jobs for holiday season
  • Hyperlocal startups like Grofers, Pepper-Tap, TinyOwl reduce use of petty cash via prepaid cards
  • Italian company Ferrero Rocher to invest Rs 367 crore in India

  • SRS Cinemas to open 100 screens in 2 years
  • Hyperlocal delivery startup Opinio raises Rs 45 crore from logistics company Delhivery
  • LetsVenture raises Series A funding from Accel Partners & others
  • Citrus Pay raises Series C funding from Ascent Capital & existing investors
  • India added only 0.78M active mobile connections in August 2015
  • Opinio secures $7M from Delhivery, Sands Capital & Accel
  • Govt Makes Aadhaar Card Mandatory for Registering A New Business, Defies Supreme Court Order…
  • Mahindra Launches SmartShift, a Mobile App Connecting Transporters To Cargo Owners

 

Today’s M & A Deals_Oct 20,2015

M & A Deals :

  • Offbeat travel destination discovery startup Holidify raises $100K
  • CAN to invest in five tech startups by 2015-end
  • LetsVenture gets Series A funding from top techpreneurs
  • Japanese ad major Dentsu acquires Mumbai-based Fountainhead
  • Tiger Global, Flipkart seed fund Cube26 with $7.7M
  • Indian-American entrepreneur Saif Ahmad invests in SalezShark