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Walmart acquires Flipkart for USD 16 billion, world’s largest ecommerce deal

May 10, 2018

US retail giant Walmart Inc will pick up a 77% stake in India’s largest online retailer Flipkart for USD 16 billion,

Read more - //economictimes.indiatimes.com/articleshow/64095145.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Amazon India gets INR 2600 crore infusion for marketplace

May 9, 2018

Amazon India has received a fresh infusion of INR 2,600 crore from its parent company for its marketplace business.

Read more - https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/amazon-india-gets-rs-2600-crore-infusion-for-marketplace/articleshow/64083599.cms

Intel Capital leads Series A investment in conversational AI platform Avaamo

May 9, 2018

Conversational artificial intelligence platform Avaamo Inc has raised around INR 95 crore in a Series A funding round led by Intel Capital.

Read more - https://www.vccircle.com/intel-capital-leads-series-a-investment-in-enterprise-chat-app-avaamo/

Live-video debate app Wishfie gets seed funding

May 9, 2018

Bengaluru-based Wishfie, has raised an undisclosed amount in a seed round from angel investor Abhishek Singh, CEO of Staffopedia, and Tusker Invests, a New York-based angel network.

Read more - https://www.vccircle.com/exclusive-live-video-debate-app-wishfie-gets-seed-funding/

Dubai-based Relam Investment to pump USD 250-300 million in India

May 9, 2018

Dubai-based Relam Investment LLC, a joint-venture between UAE-based Vault Investment and Vietnam-based MIG Holding, has committed to invest USD 250-300 million in India with an initial focus on real estate and technology.

Read more - https://www.vccircle.com/dubai-based-relam-investment-to-pump-250-300-mn-in-india/

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