Google-backed children's clothing club Wittlebee has acquired kids clothes maker Cottonseed Clothing Company.

Online flash sales retailer FClub has raised a $30m series B round, which was led by IGC with participation from IDG and other investors.

Carnegie Mellon University backs NoWait, set up by alumnus Robb Myer, in a $2m round.

The LVMH-backed Asian investment firm backs the Australia-based food retailer.

Fashion retailer Twice raises $4m in a venture round that includes AOL-backed venture firm CrunchFund, SV Angel, IA Ventures, and others.

In October, Kraft is breaking itself into two companies, one handling snacks and one groceries.

MIH, which in June saw its head, Antonie Roux, sadly pass away at the age of 54, is investing $90m to become the second-largest shareholder in Flipkart after hedge fund Tiger Global, according to news provider Times of India.