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Online Pet Store DogsPot Raises Investment From Group Of Angel Investors [Type: News]
Gurgaon-based Petsglam Services Pvt Ltd, which operates online pet store DogSpot.in, has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons, the holding company of the Tata group.   This marks another addition to the ...
Online Retail Stores Asset Light [Type: News]
If malls are where you love to shop, then online marketplaces that host multiple stores could offer you a virtual equivalent of that experience-well, almost. A format first popularised by the San Jose-based American shopping and auction site, eBay, m ...
Affiliate sites like CouponDunia, Cashkaro and others gain from e-commerce slugfest [Type: News]
Early last month, when Flipkart was heavily promoting its largest single-day sale, rival Amazon India was busy courting online discount couponsellers, price-comparison websites, cash-back companies and other so-called affiliate networks to help drive ...
Ecommerce Portal Firstcry Raises 26M Dollar By Valiant Capital In Series D Funding Round [Type: News]
Brainbees Pvt Ltd, parent company of kids-focussed e-commerce portal FirstCry.com, has raised a $26-million Series D funding led by San Fransico-based Valiant Capital Partners. Existing investors IDG Ventures India, Vertex and SAIF Partners, also par ...
Electronics brands ask Amazon India to offer moderate discounts during Diwali sale [Type: News]
KOLKATA: Top electronics brands have asked executives at Amazon India to offer moderate discounts, not more than 15%, during its week-long Diwali sale starting October 10. This opens a few days after Flipkart's October 6 Billion Day Sale, during whi ...
Tata Group Launch e-Commerce Platform Tata CLiQ On 27 May [Type: News]
The Tata Group through Tata Unistore is launching their e-commerce platform, Tata CLiQ.  The website and apps (iOS and Android) will go live on May 27. The Tata Group owns offline chains – Westside, Landmark and Croma (operated by Infiniti ...
Tata Group plans e-commerce marketplace foray under Ashutosh Pandey [Type: News]
Tata Group has started putting together a team for its proposed big-bang foray into e-commerce marketplace under Ashutosh Pandey, former COO of the Group's bookstore chain Landmark. The Group has also roped in Sarvesh Dwivedi, who has been headin ...
Snapdeal launches own ads platform for sellers [Type: News]
Snapdeal has launched Snapdeal Ads, a platform that offers targeted advertising tools for sellers. Sellers can buy product ads on the platform, which are then displayed on Snapdeal as Sponsored Ads. The ads will be displayed on the web, mobile web ...
Online apparel startup Bewakoof.com raises funds from Snapdeal founders [Type: News]
Snapdeal founders Kunal Bahl and Rohit Bansal, have reportedly invested an undisclosed amount in Mumbai-based online apparel startup, Bewakoof. Along with Snapdeal founders, Former IDFC Securities Managing Director and Co-Head of Research, Nikhil ...
Revenue Model for Online Retailers in India [Type: News]
The marketplace e-tailers in India operate on a commission-based model, under which they receive a fee for listing plus commission on sales depending on the category. “These portals are not retailers but technology companies and are built on ...
Myntra may soon sign exclusive deal to sell Marks and Spencer's products online [Type: News]
Online fashion marketplace Myntra.com is reportedly close to signing an exclusive deal with Marks & Spencer (M&S) to sell the British retailer’s products on its platform. The tie-up would make India just the second market where M&am ...
SnapDeal launches own payment gateway [Type: News]
Online marketplace SnapDeal is going to be the second in line to launch its own payment gateway, reported The Economic Times. The first online marketplace to launch its own payment gateway was Flipkart. Back in July this year, Flipkart launched it ...
Shopclues Enter Indian Unicorn Club Raises 100M Dollar in Series E Round [Type: News]
ShopClues, Gurgaon-based online marketplace, has raised over $100 million in Series E funding round led by sovereign wealth fund GIC. The round also saw participation from existing investors which include Tiger Global and Nexus Venture Partners. &nb ...
Global Fashion Group Puts 20M Dollar In E-commerce Firm Jabong [Type: News]
Global Fashion Group (GFG) has given a fresh lease of life to fashion e-commerce firm Jabong by  deciding to inject $20 million more into its loss-making firm.The funds will help to keep the company afloat for one more year, the report said quot ...
Unbxd Raises Funds in Series B Led by Nirvana Venture Advisors [Type: News]
Unbxd, a Bengaluru based leading provider of eCommerce product discovery software, has secured an undisclosed amount of capital in the Series B round of funding. The funding was led by entities advised and managed by Nirvana Venture Advisors, along w ...
Lenovo is developing differentiated products for online and offline platforms [Type: News]
Chinese electronics major Lenovo is working on introducing differentiated products for the online and offline platforms to offer a wider choice of devices to end-consumers, reports Business Standard. Recently there have been several allegat ...
RuPay e-commerce ropes in IRCTC, LIC, Flipkart and Snapdeal to facilitate online payments [Type: News]
RuPay card holders can now book train tickets on irctc.co.in, make online payments for LIC premium, shop on Flipkart.com, Snapdeal.com, Homeshop18.com and book movie tickets on Bookmyshow.com. Also, the country’s largest bank- State Bank of I ...
Despite unique risks, Amazon plans to go ahead with $2 billion investment in India [Type: News]
Online retail giant Amazon is planning to expand its infrastructure in India. The US-based company plans to open its second 'fulfilment' centre in Gujarat as part of its $ 2 billion investment plan for the country. According to a Economic Times ...
After Snapdeal, Ratan Tata invests in jewellery e-tailer Bluestone [Type: News]
Former Tata Group chairman, Ratan Tata has made a personal investment in Bluestone, an online jewellery retailer, reports TOI. Ratan Tata, now chairman emeritus of Tata Sons, the holding company of the $100 billion steel-to-software Indian conglomera ...
Aditya Birla Groups Chairman Kumar Mangalam plans to enter Indian e-tail segment [Type: News]
Billionaire Kumar Mangalam Birla plans to enter the burgeoning Indian online market. The chairman of the $40 billion Aditya Birla group, which is engaged in businesses from mining and financial services to telecommunications, is open to either acquir ...
Mobile Wallet App MobiKwik Raises 50M Dollar Funds From Japanese And Taiwanese Investors [Type: News]
Mobile Wallet App MobiKwik, has raised about $50 million in its latest round of funding led by Japan’s GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek. Existing investors, Sequoia Capital and Asia-focused hedge fund Tre ...
M-commerce to contribute up to 70 per cent of online shopping: Experts [Type: News]
Shopping online through smartphones is expected to be a game changer shortly and industry experts believe that m-commerce would contribute up to 70 per cent of their total revenues. "In India, the mobile internet traffic now outweighs pers ...
Cashback Deal Site Cashkaro Raises Rs 25 Crore From Kalaari Capital in Series A Funding [Type: News]
Coupons and cashback deal website Cashkaro has raised ~ $3.78 million (Rs 25 crore) in a Series A funding from Kalaari Capital. The company will use the funds for brand building, marketing and international expansion to Russia, Singapore, Malaysia an ...
Snapdeal.com launches the Online Learning and Education category on site Today [Type: News]
Online marketplace, Snapdeal.com, is venturing into the services e-commerce space, launching the Online Learning and Education category on its site today. With this, the platform will enable consumers to access a wide assortment of test preparation m ...
India Largest eCommerce Firm Flipkart Shuts Down Its Grocery Delivery App Nearby [Type: News]
India’s largest e-commerce firm Flipkart Ltd will shut its groceries delivery app, Nearby, less than five months after the company started testing it, two people familiar with the matter said.   The Nearby app was launched as an experime ...
After Amazon, mobile wallet MobiKwik launches Online Diwali Mela [Type: News]
Mobile wallet MobiKwik announced the launch of MobiKwik Online Mela from October 20th – 26th. Mobikwik users can enjoy the 7-day online Diwali extravaganza across top e-commerce portals such as MakeMyTrip, ShopClues, Snapdeal, eBay India, Do ...
Snapdeal, Ola backers say no to SoftBank’s buyout offer [Type: News]
As SoftBank Corp was finalising deals to infuse capital in online retailer Snapdeal and taxi aggregator Ola last month, the Japanese Internet and telecom giant also made an offer to buyout shares of angels and some early venture-capital investors ...
Snapdeal to launch 5000 e-commerce kiosks across 65 cities and 70000 rural areas [Type: News]
Online retailer Snapdeal plans to tap 50 lakh low-income households in slums and villages across the country. Some of the places included in this endeavor are Dharavi (Mumbai), which is Asia's largest slum, Govindpuri, one of the biggest slums i ...
Online Fashion Marketplace Jabong Poaches Snapdeal Head Of Strategy Ranjan Kant Former Lifestyle [Type: News]
Online fashion marketplace Jabong has appointed Ranjan Kant as its chief marketplace officer and Kalyan Kumar as the head of merchandise, in order to beef up the company's top management which was left in lurch when both key cofounders Praveen Sinha ...
Snapdeal.com likely to acquire Exclusively.in to take on rivals Flipkart-owned Myntra and Jabong [Type: News]
Snapdeal.com may be set to acquire Exclusively.in, a site that sells designer brands, as one of the country's largest online retailers looks to strengthen its fashion business to take on rivals Flipkart-owned Myntra and Jabong amid a consolidation ...
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