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WhatsOnRent raises angel funding from entrepreneurs

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Press Trust of India New Delhi
WhatsOnRent.Com, an online rental marketplace, has raised angel funding from entrepreneurs and investors, including Commonfloor.Com co-founder Lalit Mangal and Excubator co-founder Neeraj Gupta.

Commonfloor.Com co-founder Lalit Mangal, Excubator co-founder Neeraj Gupta, angel investor Sanjay Gupta and Bengaluru-based software firm Nixel Technology have invested in the first funding round of the startup, it said in a statement.

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Nreach Online Services acquires Actizone * Bengaluru-based Nreach Online Services, which runs Giftxoxo and Frogo brands, today said it has acquired a startup Actizone for an undisclosed amount.

Actizone is a startup focused on discovery and booking of kids-related activities.

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Vuclip appoints ex-Yahoo exec Vishal Maheshwari for India ops * Premium video on demand (VOD) service Vuclip today said it has appointed Vishal Maheshwari as Country Manager (India).
 

Maheshwari's core responsibilities will include driving consumer adoption, engagement and monetisation for Vuclip's new Over-The-Top (OTT) video streaming service in India, the company said in a statement.

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Lenovo launches Vibe X3 for Rs 19,999 in India * Chinese tech major Lenovo today launched its new handset -- Vibe X3 -- for Rs 19,999 in India.

Powered by a 3GB RAM, the device has a 5.5-inch display, 32GB internal memory (expandable up to 128GB), 21MP rear and 8MP front camera and 3,500 mAh battery.
Forever 21 to launch two new stores in Bengaluru

* US-based apparel and accessory brand Forever 21 today said it will open two stores in in Karnataka's capital Bengaluru on April 29.

The stores would be located at VR Mall and Orion Mall in area of over 10,000 and 14,000 sqft respectively, a company statement said.

"We look forward to bringing in the latest fashion from the international fashion circuit to the city and we have partnered with Ileana D'cruz and Aditya Roy Kapoor for the launch," Forever 21 Business Head-India Abhinav Zutshi said.
DLF launches Rs 1,800 cr shopping mall in Noida

*Realty major DLF today formally launched its shopping mall in Noida, touted as one of the biggest in the country and built at an investment of Rs 1,800 crore.

India's largest realty firm is expecting about Rs 225 crore rental income per year from this mall, which has a leasable area of about 2 million sq ft.

In December last year, the real estate major had a soft launch of DLF Mall of India and drew 250 brands in just 4 months.

At present, the mall houses over 330 brands in total, including 18 anchor stores.

The company has adopted minimum guarantee plus revenue share model for the benefit of tenants and operations of the mall.

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Walmart selects 32 women entrepreneurs for skill training

*Walmart India has selected 32 women entrepreneurs in the country to equip them with professional and personal skills to build their businesses.

The women entrepreneurs, who run their own businesses, have been inducted in a nine-month program and would undergo capacity-building training, mentoring and technical support customised to the needs of their businesses.

"This initiative is designed to help them achieve higher levels of business growth and help make them more competitive and resilient in today's dynamic business environment," Walmart India president and CEO Krish Iyer said.

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First Published: Jan 27 2016 | 8:22 PM IST

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