India Dealbook: LT Foods, Den Networks, HUL in M&A; Rentomojo, Wow! Momo raise funds

LT Foods has acquired rice exporter 817 Elephant, Den Networks has entered into an agreement to increase its holding in Macro Commerce, Hindustan Unilever Ltd (HUL) will sell its stake in Kimberly-Clark Lever (KCL) even as Rentomojo has raised $5 million in Series A round and Wow! Momo received funding from Bandhan Bank.