Retail News Round Up_Dec 04,2015

Retail News :

  • Quikr makes second acquisition in 7 days
  • Flipkart launches progressive childcare policy for employees
  • Montblanc partners Titan for India re-entry, to open 5 outlets
  • Tata group companies firm up digital teams before launch of e-commerce venture
  • Government join hands with Ebay to provide platform for economically disadvantaged women
  • Alibaba unlikely to be interested in Yahoo’s core business

  • China’s Baidu builds empire with music, Amazon deals
  • HUL comes on board Swachh Bharat, aims to promote health & hygiene
  • Quikr Acquires Real Estate Analytics Startup Realtycompass
  • Paytm Partners With ICICI Bank, Will Offer Virtual Prepaid Cards To Its Wallet Users
  • RBI norm change will allow VC firms to bypass FDI laws to invest in ecommerce
  • Government to set up Indian Cyber Coordination Centre
  • FIH Mobile invests in MoMagic for a 10% stake
  • Flipkart launches native ads for all brands

 

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”
-Peter Lynch

 

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Today’s M & A Deals_Dec 01,2015

M & A Deals :

  • Quikr all set to buy CommonFloor
  • QikPod raises $9M from Flipkart, Accel and others
  • Foxconn unit invests in marketing analytics startup MoMagic
  • Two-wheeler taxi service Baxi raises seed funding worth $1.4M
  • SaaS analytics firm Wingify acquires US-based Navilytics
  • M-Taxi gets angel funding for bike ride-hailing play

 

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

 

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