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By consolidating its largest competitor, the 42-year-old Maheshwari will now be the CEO of by far the largest baby and mothercare retailer ...

The company’s existing investors—IDG Ventures India, Ventex Venture Holdings and SAIF Partners—also participated in the round.

Startups looking for seed funding often find themselves hitting road blocks owing to limited options and funding sources.

This is because despite all the challenges they face, brick-and-mortar stores still have advantages that are difficult to ignore.

Since 2011, equity investors have put in about $1.2 billion into online product retail according to research firm Venture Intelligence.

The equity investment was led by Vertex Venture Management, a subsidiary of Singapore’s staterun investment company Temasek Holdings.

The funding, led by IDG, closed on Saturday and underscores the frenetic deal-making across the country's e-commerce industry.

Catamaran, Murthy's $129-mn venture capital fund along with Nexus have invested Rs 40 crore in Bigshoebazaar in its second round of funding.

Global PE fund, SAIF Partners, has closed another deal in fast growing e-commerce segment, investing $4 mn in online kids and babycare prod...

The venture capital firm that invested $20m in Cafe Coffee Day early this year, is looking at more options in the consumer services sector ...