Delhivery gets $85 Million in funding

May 6 2015 Delhivery, India’s leading e-commerce fulfilment company, has announced that it has raised a Series D round of investment of ~$85M led by Tiger Global Management with participation from existing investors, Multiples Alternate Asset Management, Nexus Venture Partners, and Times Internet Limited. This is the company’s fourth round …

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retail

JDA Study: Weak returns on retail investment in omni-channel selling

A new JDA study reveals an enormous amount of money, energy and time retailers and consumer goods manufacturers are spending to improve their omni-channel sales capabilities. While this may not be surprising given the current business environment, the JDA report reveals an unexpected and disturbing fact: despite these significant investments, …

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RCB

Royal Challengers Bangalore partners with Uber

Royal Challengers Bangalore (RCB) and Uber have entered into a partnership to provide game time transportation to Bangalore’s cricket fans. The two organizations say that RCB fans can now request an Uber cab at the push of a button and an air conditioned car will transport them to the stadium …

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olataxi

Ola acquires TaxiForSure for $200 Million

In its continued effort to revolutionize India’s personal transportation sector, Ola today announced that it has acquired TaxiForSure, India’s second largest cab aggregator, for $200 million in a cash and equity deal. Ola, which already boasts over 1 lakh vehicles on its platform, has further expanded its presence with TaxiForSure’s …

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