1. Google and Xiaomi are among investors lining up for two-year-old startup Where Is My Train, an app that provides live updates on trains without the use of internet and GPS.
2. Personal device management and after-sale services for electronic gadgets, Servify has raised $15 million in Series B round led by Iron Pillar.
3. Budget hotel brand Oyo has launched a membership programme Oyo Wizard.
4. Tech logistics startup WheelsEye has raised Rs 7 crore from Prime Venture Partners.
5. Pepperfry introduces cash on delivery service on furniture for upto Rs 50,000 in Mumbai and Delhi NCR
6. Wholesalebox, a virtual marketplace for wholesale buying and selling, has raised Rs 15 crore across two rounds led by Orios Venture Partners.
7. Mahindra Logistics (MLL), a third-party logistics solution provider, has acquired a strategic stake in Transtech Logistics Pvt Ltd (TLPL), also known as ShipX.
8. Amazon is now in talks with Spencer’s Retail to pick up a minority stake in the food and grocery retail chain.
9. OYO has forayed into the ‘upscale’ hotel category, starting with a stellar range of resorts, christened as Palette Resorts.
10. Ola has launched Ola Mobility Institute, a policy research and social innovation unit.
11. Ola is reportedly raising $70M from Chinese investor at $5B valuation
12. Apple has acquired Akonia Holographics, a startup focused on making lenses for augmented reality glasses.
13. True North Capital, one of the earliest home-grown private equity funds, has raised $600 million for its latest fund Fund-VI.
14. VC firm Unitary Helion has raised funds from US-based early stage Venture Capital firm Menlo Ventures for its $100M fund.
15. Gurugram-based logistics Unicorn Rivigo’s nearly 30 ex-employees have encashed on their stock options in the company, reaping in an estimated $10M.
16. Engineering company Greaves Cotton has entered a definitive agreement to acquire majority stake of 67% in Ratan Tata backed electric vehicle maker Ampere Vehicles for Rs 77 crore.
17. Cognizant has opened an new delivery centre in the US state of Texas that will create 1,100 jobs.
18. Enterprise mobility and digital transformation solution provider ONGO Framework has acquired digital marketing agency Hockystick Media in an undisclosed cash and equity deal. ONGO Framework has also raised $1 million (about Rs 7 crore) as part of its seed round.
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