Ebix, through one of its Indian subsidiaries, has signed an agreement to acquire Mumbai-based Miles Software for about USD 19 million.
Heelium Sports Pvt Ltd, a startup which makes customised running shoes, has raised an undisclosed amount in seed funding from Centre for Innovation, Incubation & Entrepreneurship (CIIE).
Online eyewear marketplace ClearDekho has raised an undisclosed amount in fresh funding from Chinese accelerator SOSV-MOX.
ShopX, a B2B startup which connects retailers and kirana store owners in small towns with FMCG brands, has raised USD 35 Mllion from Fung Strategic Holdings to fuel its expansion plans.
Faraway Foods Pvt Ltd, a Mumbai-based startup that sells healthful snacks for children under The Mumum Co brand, has raised angel funds worth USD 500,000 from Nisa Godrej, executive chairman of Godrej Consumer Products Ltd, and Siddharth Parekh and Sumeet Nindrajog, co-founders of private equity firm Paragon Partners.
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