Today’s M & A Deals_August 23,2016

M & A Deals :

 

  • Food startup Zzungry raises funds from Silicon Valley entrepreneurs, others
  • Myntra crosses $1 bn in annualised GMV run rate
  • Vyome Biosciences gets $14 mn from Perceptive Advisors, others
  • Thomas Cook buys remaining 24% in Sita World Travel Lanka
  • Chinese phone retailer Beijing Digital acquires Saholic.com

 

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Retail News Round Up_March 29,2016

Retail News :

 

“Go confidently in the direction of your dreams and live the life you have imagined.”

-Henry David Thoreau

 

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Retail news Round Up_March 15,2016

Retail news :

  • After Uttarakhand, Bihar, Assam, half a dozen more states planning levy on ecommerce goods
  • Ecommerce bigwigs like Amazon and Flipkart bank on on-demand services platforms to keep buyers happy
  • In a bid to reduce merchandise returns, Myntra to launch size chart by mid-April
  • Infibeam likely to raise Rs 450 crore via March 21 IPO
  • Amazon lines up goodies online to spice up India Fashion Week
  • Snapdeal to sell Michelin tyres online
  • Kalyan Jewellers ropes in Sonam Kapoor as new brand ambassador
  • Babas jump on FMCG bandwagon
  • Dutch beer giant Heineken appoints JM Financial to help increase stake in United Breweries
  • Government ban on 350 drugs jolts 4% of pharma retail market
  • Food regulator FSSAI launches mobile app for consumers
  • Paytm Partners with PVR and INOX to Advance into Movie-Ticketing Business
  • Indian Railways Announces On-Demand ‘Clean My Coach’ Service

Clean My Coach Indian Railways

 

“Action and adaptability create opportunity.”

– Garrison Wynn

 

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Retail News Round Up_Feb 17,2016

Retail News :

  • Walmart eyes $300-mn investment by 2020; to open 19 new stores
  • com to acquire online payments company Emvantage Payments
  • Global diamond industry urged to spend $200mn
  • Luxury League hosts ‘Global Design and Innovation Session’ for Make in India week
  • Brands make micro-nutrient value addition to get closer to customer and compliance
  • PNB declares United Breweries Holdings ‘wilful defaulter’
  • Make In India: Investments on hold, but Siemens is bullish on long term opportunities in India
  • Sustainability not size is the new mantra for investors of startup ecosystem
  • MylesPartners Zomato for Hunger Drive
  • After Flipkart, Myntra Too Admits Their App-Only Mistake; Officially Announces Mobile Site Relaunch
  • Indian Company to Launch World’s Cheapest $7 Smartphone!

 

“Success is a state of mind. If you want success, start thinking of yourself as a success.”
-Joyce Brothers

 

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Retail News Round Up_Feb 16,2016

Retail News :

  • Swedish companies look up to India as major hub for exports
  • Internet cos like Myntra, Shopclues roll out new initiatives for young mothers
  • CCI rejects complaints of unfair business practices against Ola, Uber
  • China buys half of world’s all luxury goods
  • Snapdeal to route new funding into logistics, fintech

  • Wadi.com gets $67 million; to ramp up headcount in India
  • Make in India: Raymond bullish on its Rs 1,400 crore investment plan in Maharashtra
  • New PAN norms are a dampener for the jewellery sector
  • FMCG major RB pledges $1 million for Zika relief package
  • Sanghvi Brands bags exclusive rights to take LOccitane spas to US, Middle East
  • Make In India: Government looking to woo global investors; PM Modi expects policies to boost manufacturing
  • Make in India: India Inc urges new technology to transform manufacturing
  • Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman
  • American Retail giant Target to insource software projects from technology vendors like TCS & Infosys
  • Business-to-business marketplaces find easy business for small and medium enterprises
  • Indian Railways Launches Utsonmobile For Paperless Unreserved Railway ticket Bookings
  • Apple To Setup First $25M Offshore Technology Development Centre in Hyderabad

Apple Store-001

 

“Challenges are what make life interesting and overcoming them is what makes life meaningful.”

-Joshua J. Marine

 

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Retail news Round Up_Feb 02,2016

Retail news :

  • Baba Ramdev accuses HUL and Nestle for conspiring against Patanjali
  • Flipkart to offer its logistics services to third-party e-commerce firms
  • China economy is going to be just fine, says Alibaba
  • GST, competitive logistics, e-mandis and food processing parks may integrate to sell daal at Rs 20/kg and mangoes at Rs 10/k
  • Craftsvilla.com finds the logic in Sendd buy, values company at $5 million

  • Snapdeal partners EESL to sell LED bulbs
  • These startups will provide direct connect between retailers and customers
  • Vatika Group to invest Rs 100 crore for 200 ‘Nukkadwala’ restaurants
  • LeEco to sell subsidised Le 1s smartphone on Flipkart tomorrow
  • Emami expects to start Guwahati plant in October
  • Sequoia closes $920m fund, largest by any VC for India
  • VIP Industries Q3 Net rises 32.94% at Rs 11.3 crore
  • Govt plans 20 textile parks to boost industry
  • Myntra Plans US Expansion, Sets Up Myntra Inc Subsidiary!
  • Reliance Jio LYF 4G Smartphones Available via Grofers; Moto X Force Spotted on Amazon India Before Launch
  • Very Soon Govt to Allow Cinema halls, Restaurants, Shops, Banks To Be Open 24X7

 

“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 01,2016

Retail News  :

  • Flipkart invests Rs 666 crore to push logistics cart in next growth drive
  • Even as losses pile up at home, Myntra plans entry into US
  • KFC fined Rs 5 lakh for sub-standard food items
  • B-schools see strong placements; 12% rise in average offer size
  • Walmart, Target, and Aldi are addressing a huge weakness – and it’s turning into Whole Foods’ worst nightmare
  • Myntra is working on optimizing cost
  • Chinese retailing giant JD.com tests drone in rural areas
  • The Beer Cafe is looking to raise nearly $40 mn from PE funds
  • With muted biscuit growth, Parle targets bigger bite in snacks
  • Healthy’ corn moves beyond snack to full meals
  • Blue Star enters air cooler segment, eyes Rs 150 crore sales
  • Wonderchef targets USD 20 million sales; to make in India in 3 years
  • FDA holds campaign against tobacco

 

“None can destroy iron, but its own rust can! Likewise none can destroy a person, but its own mindset can!”

-Ratan Tata
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Retail News Round Up_ Jan 29,2016

Retail news :

  • Myntra, Jabong to reduce discounts in a bid to check mounting losses and to steer towards profitability
  • Ecommerce majors Amazon, Flipkart together rented about 3.6 million square feet warehouse space in 2015
  • Paytm plans to triple gross merchandise value to $10 billion by December’16
  • In U-turn, Centre may allow FDI in multi-brand retail
  • Founders of Paytm, Zomato sign petition urging PM Modi to ensure net neutrality

  • Flipkart to launch an exchange programme, starting with smartphones and television sets
  • Snapdeal to add new features like product selfies, enhanced order-tracking to improve user experience
  • GreenDust launches its mobile website
  • Flipkart partners with Udacity to hire graduates based on Nanodegree projects
  • Being Human Clothing to enter activewear category
  • Patanjali eats into Colgate’s toothpaste market share
  • Gurgaon-based startup Pluss ties up with Baba Ramdevs Patanjali Ayurved
  • Walmart launches entrepreneurship prog for women businesses
  • Global cos testing Indian mkt through online route
  • Companies go extra mile to indulge kids with wearable gadgets, digital books
  • 5G Mobile Networks are here! Stockholm World’s First City to Experience It

5G Mobile Internet Connectivity

 

“RETAIL IS A CUSTOMER BUSINESS. YOU’RE TRYING TO TAKE CARE OF THE CUSTOMER—SOLVE SOMETHING FOR THE CUSTOMER. AND THERE’S NO WAY TO LEARN THAT IN THE CLASSROOM OR IN THE CORNER OFFICE…”

– ERIK NORDSTROM, PRESIDENT, NORDSTROM DIRECT

 

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Retail News Round Up_ Jan 08,2016

Retail news :

  • Myntra to launch US brand The North Face
  • Amazon now sells its very own ARM chips
  • Titan Montblanc JV to have 50 stores in 5 yrs, to invest Rs 250 crore
  • Melorra sees light with Rs 33 cr in the box
  • FreshMenu raises Rs 110 crore in new round of funding
  • Grofers partners with Hamleys to deliver toys on demand
  • CCI approves Panasonic-GS Yuasa deal
  • DIPP secretary Amitabh Kant to take over as Niti Aayog CEO
  • India Inc pitches for clear roadmap on corporate tax reduction

 

“This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.”

-Lakshmi Mittal

 

 

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Retail News Round Up_ Jan 01,2016

Retail news :

  • HMT reopens plant to make last batch of watches
  • Upbeat but cautious India Inc to invest more in 2016
  • FCEL seeks shareholders nod to re-align FMCG business
  • Paytm and Jugnoo partner to offer Delhi consumers cashback offers during citys odd-even traffic restrictions
  • Myntra to pilot offline sales of large brands
  • New mobile app to secure consumer on e-commerce platform
  • PAN must for cash payment of hotel bill over Rs 50,000

 

“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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