Monthly Archive: September 2017

Zomato invests in home-cooked meal delivery startup TinMen

25 September, 2017/VCCiRCLE/- Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd has invested an undisclosed amount in Hyderabad-based food delivery startup TinMen. Owned and operated by Vicinia Retail Pvt. Ltd, TinMen is a home-cooked meal delivery app…
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Amazon strikes JV with Patni Group to beef up customer support function

25 September, 2017/VCCiRCLE/- Amazon India Ltd and Patni Computer co-founder Ashok Patni have floated a joint venture, Frontizo Business Services Pvt. Ltd, the company’s filings with the Ministry of Corporate Affairs show. Delhi-based Frontizo Business Services has received Rs 196.16…
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Aditya Birla Group to down shutters on online fashion store Abof.com

22 September, 2017/VCCiRCLE/- Cement-to-telecom conglomerate Aditya Birla Group is reportedly downing the shutters on its fashion e-tailing venture, Aditya Birla Online Fashion Pvt. Ltd (Abof), as it fails to compete against the deep discounting-led model of rivals Flipkart and Amazon….
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Amazon’s investment arm to buy 5% stake in Shoppers Stop

23 September, 2017/VCCiRCLE/- Amazon.com NV Investment Holdings LLC, a 100% subsidiary of American e-commerce company Amazon Inc., will purchase 5% stake in Indian brick and mortar retail chain Shoppers Stop Ltd in its effort to expand physical shopping points to…
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IC Legal, Universal Legal merge to create pan-India law firm

21 September, 2017/VCCiRCLE/- Mumbai-based IC Legal Advocates & Solicitors and Bangalore-headquartered Universal Legal Attorneys at Law have decided to merge their practices to create a national-level law firm. The combined firm, IC Universal Legal Advocates & Solicitors (ICUL), will have…
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