Ryan Sweeney, partner at Accel, will join Narvar's board, it added. Since its founding in 2012, Narvar has raised $64 million in total funding.
"Presently we have connected over 50,000 users in the south and west, and are looking to expand this number to over 70,000 small retailers by the end of 2017," chief executive officer of ShopX, Amit Sharma told PTI.
Puma will leverage ShopX's digital offline model to scale up its footwear business and help it establish presence in over 1,500 retail outlets in tier II markets, ShopX said in a statement.
Based on IBM's cloud and analytics technologies and services, the centre will be located in Chennai. It has been funded through an IBM grant of USD 2 million.
Registers over 30,000 doctors in just three months
The order is for supply of 6000 metric tonne of nickel brass with an option of additional 25 percent for Rs 5 coin worth Rs 268 crore. This will provide a significant revenue boost to the company.
Police overcame a group of gunmen dressed in military fatigues on Monday after a 12-hour battle that ended in a small-town police station near the border with Pakistan, and at least nine people were killed.
HCL Technologies has risen over 60 percent in the last one year, and its EBIT (earnings before interest, taxes) margins are up 400bps since Jan 2012, but interestingly the P/E multiple has not kept pace with the EPS (earning per share) upgrades.