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Ecommerce firms like Flipkart, Snapdeal to give big push to small firms developing software products [Type: News]
Last year, e-commerce took a lion's share of venture funding, leaving little for young technology companies. But this year, the same sector will be the one giving a big push to small firms developing software products. These firms are relying o ...
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 removed Nalli Sarees from its portal following cease and desist order [Type: News]
Chennai-headquartered Nalli Chinnasami Chetty, an 85-year-old iconic textile brand, has initiated legal action against Snapdeal with a cease and desist notice, alleging misuse of the Nalli trademark on its platform. In a statement on Wednesday, ...
E-commerce companies persuading highly qualified Indians in Silicon Valley to join board [Type: News]
As e-commerce companies scale up their businesses dramatically, they're being forced to look overseas Silicon Valley in particular for people with the skills needed to fill top positions. Flipkart, Quikr, Ibibo-Group, PolicyBazaar, Urban Ladder, CBa ...
HMT is Shutting Dow, Goes Online to Sell Last of it Watches [Type: News]
Public sector brand, HMT Watches is planned to shut down its business operations since it has been unable to keep up with the evolving trends. It is partnering with online retailer Flipkart to sell 3,000 of the last of its stock online. The c ...
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 ...
Snapdeal Invest $20M in Logistics Firm GoJavas says Delivery Time Reduced [Type: News]
Snapdeal has invested an additional $20 million in the third party logistics company gojavas. The Gurgaon-based e-commerce marketplace had previously made an undisclosed investment in gojavas as part of a strategic partnership in March 2015.  & ...
Ratan Tata invests in global telecom carrier Sabse Technologies [Type: News]
Global telecom carrier Sabse Technologies Inc, started by Hotmail founder Sabeer Bhatia, has announced that Tata Sons' Chairman Emeritus Ratan Tata has made a strategic investment in the company. The Silicon Valley-based company, which operates Sa ...
MySmartPrice Raises $10 mn in series B Round from Accel Partners Helion Venture Partners [Type: News]
 MySmartPrice, a Hyderabad-based price comparison shopping and product discovery service portal, has raised $10 million (around Rs 64 crore) in a Series-B round of funding led by its existing investors Accel Partners and Helion Venture Partners. ...
eCommerce Website Amazon Invests 300M Dollar To Improve Services [Type: News]
After investing $250 million in December 2015, eCommerce website Amazon has now invested about $300 million in Amazon Seller Services. The capital are being used to improve warehousing, logistics and marketing services.     With this, Am ...
Amazon plans it big with India Post network to ramp up its delivery mechanism [Type: News]
E-commerce giant Amazon wants to do in India what Alibaba did in China. Amazon's India head Amit Agarwal on Tuesday met telecom and IT minister Ravi Shankar Prasad and urged him to allow the use of new technologies such as real-time tracking and mon ...
Ratan Tata invests in taxi-hailing company Ola Cabs [Type: News]
Mumbai: Ratan Tata, chairman emeritus of Tata Sons Ltd, has made an undisclosed investment in online taxi-hailing service Ola, his seventh investment in a domestic start-up in the past 11 months. Tata had earlier invested in online marketplace S ...
In Battle With Amazon, Flipkart Says It Is Going Back To Basics [Type: News]
India’s largest e-commerce marketplace Flipkart says it is renewing its focus on execution and is on the path to profitability. A little over four months after co-founder Binny Bansal took over as chief executive, he said that the focus on grow ...
Retail-Tech Startup Snapbizz Raised Funding From Ratan Tata [Type: News]
Bangalore-based retail-tech startup SnapBizz has announced that it has raised funding from Ratan Tata, Chairman Emeritus, Tata Sons. In January 2016, SnapBizz had announced a Series A funding of $7.2 million led by Jungle Ventures, Taurus Value creat ...
Amazon India launches mobile app for sellers [Type: News]
Amazon India has launched a mobile app for those who use its platform to sell goods, opening up a host of tools to help the sellers efficiently manage businesses on the go, using smartphones. "Over time, many of our sellers will only have ...
Tata Okays e-commerce push hiring in full swing [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 ...
mCommerce Player Paytm To Help Sellers Go Online By Investing Rs 640 Crore [Type: News]
Leading mobile wallet Paytm has set aside $100 million (about Rs 640 crore) to help sellers go online. The Noidabased mobile commerce platform, backed by Chinese ecommerce company Alibaba, is planning to subsidise sellers as it is planning to get nea ...
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 ...
FDI tussle triggers debate arketplace definition Flipkart Snapdeal oppose opening up Indias ecommerc [Type: News]
BANGALORE: E-commerce juggernaut Flipkart has approached real estate developers for 1.5 million sq ft office space to consolidate its rapidly expanding operations in Bangalore.Flipkart needs 4 lakh sq ft soon and would opt for staggered occupation of ...
Snapdeal logs onto rural India [Type: News]
Online retail is poised for a hyper jump into rural India. To go one up on archrival Flipkart, Snapdeal one of the country's largest e-tailers plans to tap 50 lakh low-income households in slums and villages across the country. These include pl ...
GSF launches ad tech accelerator Digital Media Labs [Type: News]
Two-year-old Gurgaon-based technology startup accelerator GSF is now launching Digital Media Labs which will train and fund 10 digital media and advertising tech start-ups in 2015. Spread over four months, start-ups from each of the two batches ev ...
CompareRaja Logicserve raises $500K from angel investors Couponraja [Type: News]
Mumbai-based Logicserve Technologies Pvt Ltd, which owns and operates coupon provider Couponraja.in and price comparison site CompareRaja.in, has raised $500,000 (Rs 3 crore) from Mahesh Pratapneni, Pallab Chatterjee and a bunch of unnamed investors. ...
Smartphone Gaming Platform Gamezop Raises 350K Dollar In Seed Round Of Funding By Kwan [Type: News]
Delhi-based smartphone gaming platform, Gamezop, has raised $350K (INR 2.3 Cr.) in a seed round funding led by talent management firm Kwan.   This round also saw participation from Snapdeal’s CPO Anand Chandrasekaran, redBus co-founder P ...
Maharashtra Govt FIR Against Shopclues For Selling Drugs Online Without Prescriptions [Type: News]
According to TheTradeBoss reports, the Maharashtra state government has filed an FIR against Clues Network which runs ecommerce company Shopclues for selling drugs online without a prescription from the doctors. Shopclues was found selling terminatio ...
CEO of Indian e-commerce Snapdeal, Kunal Bahl in Fortune 40 under 40 powerful people list [Type: News]
Four Indians, including the Co-Founder and CEO of online marketplace Snapdeal, Kunal Bahl, have been named by Fortune in its list of the 40 most powerful, influential and important people in business under the age of 40. The Indians on the list ar ...
Naaptol raises Rs 343 crore from Japanese Conglomerate Mitsui [Type: News]
Home shopping and e-commerce firm Naaptol Online Shopping Pvt. Ltd has raised Rs.343 crore in a fresh round of equity funding from existing investor Japanese conglomerate Mitsui & Co., the company said in a statement on Tuesday. The investment ...
e-commerce retailer has entered the Indian market with Amazon.in [Type: News]
In 1995, Amazon.com started in the US as an online book store. Eighteen years later the world’s largest e-commerce retailer has entered the Indian market with Amazon.in, an online marketplace that offers books and movies offering up to 25 to ...
Mydala aims for 10 lakh merchants on its platform in next 3 years [Type: News]
Coupon and discount marketing platform mydala.com plans to get 10 lakh merchants on its platform in three years, a more than six-fold increase, a top company executive said. "We have about 1.5 lakh merchants on board currently and we are target ...
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 ...
Amit agarwal logical salesman leads Amazon India as Online Retail taking off [Type: News]
It’s a Saturday afternoon in Bangalore. It’s also the weekend before Diwali, the festival of lights that sees the biggest shopping frenzy in the country. That makes it the perfect time to meet Amit Agarwal, the India head of one of the th ...
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