Monthly Archives: April 2016
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NEWS April 1, 2016 E-commerce firms will have to restructure businesses
By: sristy SahaFashion retailers such as Flipkart’s Myntra are moving to a marketplace model, but currently depend on one seller for most sales. Photo: Bloomberg New Delhi/Bengaluru: A day after the government approved foreign direct investment (FDI) with riders in online marketplaces, law experts said many e-commerce companies will have to rework their already complex corporate structures, […]
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NEWS April 1, 2016 Fidelity marks down start-ups; e-commerce firms to restructure businesses
By: sristy SahaPhoto: Priyanka Parashar/Mint What to watch out for New online marketplace rules fail to halt discounts, for now If you were worried that the new government rules for Internet companies will mean the end of eye-popping discounts on popular online marketplaces, breathe easy, at least for now. E-commerce firms will have to restructure businesses A […]
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ALL DEALS April 1, 2016 Portea acquires Health Mantra
By: sristy SahaThe acquisition of Health Mantra is Portea’s third attempt to expand its offerings in the home healthcare segment via acquisitions and strategic investments in the last six months. Bengaluru: Home healthcare service provider Portea Medical, run by Health Vista India Pvt. Ltd on Thursday said it has acquired medical equipment service provider Health Mantra India […]
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ALL DEALS April 1, 2016 Transcell Biologics raises funds from Indian Angel Network
By: sristy SahaTranscell Biologics was started in 2009 by Dr. Subhadra Dravida who has 16 years of experience in stem cell research. New Delhi: Indian Angel Network (IAN), a network of angel investors who invest in early-stage businesses, has invested an undisclosed amount in Hyderabad-based healthcare start-up Transcell Biologics in a round led by angel investor Sanjay […]