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.

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.

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