63 Ideas Infolabs has raised Rs370m ($5.5m) in a Series B funding round that included participation from investors such as Accel Partners, NRJN Trust, Mistletoe, Qualcomm Ventures, and M&S Partners.

Based in India, 63 Ideas is the operator of ninjacart, an online grocery delivery application.

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The company plans to use the funds to automate its supply chain and hire new employees.

Rossmann has announced a collaboration with Wirecard to offer mobile Alipay barcode payments across its branches.

"The company plans to use the funds to automate its supply chain and hire new employees."

Rossmann is a retail drug store chain, while Wirecard is a technology company.

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Both the companies involved in the transaction are based in Germany.

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