Aditya Birla Fashion and Retail acquires Jaypore

NEW DELHI: Aditya Birla Fashion and Retail Ltd (ABFRL), which retails brands such as Louis Philippe, Peter England and Van Heusen, has acquired ethnic apparel and lifestyle retailer Jaypore for ₹110 crore, the company said in a filing to the stock exchange on Monday. The deal will help ABFRL that also retails men and women’s western wear to tap into the fast-growing ethnic apparel market. “Ethnic wear is the largest segment in the Indian fashion apparel market. While ABFRL has built a diversified portfolio of brands across different segments, ethnic wear space…

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Microsoft Acquires Education Video Platform Flipgrid

Opinions expressed by Entrepreneur contributors are their own. Microsoft had acquired Flipgrid, an education-focused video platform. Flipgrid is used by more than 20 million teachers and students. The video platform used to be a subscription-based service, but is now free for students and users thanks to the Microsoft acquisition. Microsoft has already integrated the Flipgrid app into Microsoft Teams in Office 365 for Education. The life science data management and collaboration platform Benchling raised $14.5 million in a series B round. The round was led by Benchmark Capital with participation from F-Prime Capital and Thrive Capital. This recent round of…

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Sphero acquires a music education startup

It’s hard to say precisely how Sphero’s pivot to education is going in these early stages, but it recently got an infusion of funding and is already out acquiring new startups. The BB-8 maker announced this morning that it’s picked up Specdrums​ — the fellow Boulder, Co-based startup is a Kickstarter success story that lets users create music with an app connected ring. It’s a strange fit at first glance, but Sphero clearly sees the company’s wearable technology as a strong addition to its newfound STEAM education focus. “We firmly believe that play is…

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