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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 ...
Electronics Appliances Repair Startup HandyHome Raises 0.5M Dollar in Seed Funding [Type: News]
Mumbai-based startup HandyHome which allows users’ book brand’s authorized repairs and other services for electronics alliances, has raised $0.5 million in seed round. The investors are Bessemer Venture Partners (Investers of Skype, Linke ...
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 startup connecting grocers platform JiffStore secures funding from units seed fund [Type: News]
Bangalore-based JiffStore Software Labs Pvt Ltd, which offers mobile commerce and customer engagement solutions to grocery retailers through JiffStore.com, has raised funds in a follow-on round from Unitus Seed Fund and Times Internet Ltd. JiffS ...
SnapDeal.com launches a special Wedding Store [Type: News]
 Online marketplace, SnapDeal.com, has launched a special Wedding Store on its platform. The store will have assortment in jewellery, clothing, cosmetics, fragrances, footwear and other wedding essentials. SnapDeal has tied-up with brands lik ...
e-Commerce Major Snapdeal Puts 200 Employees On Notice [Type: News]
Amid growing competition from rivals like Amazon and Flipkart, e-commerce major Snapdeal has put its 200 employees on a 'performance improvement' notice under which they need to improve within a month or get terminated.   "The PIP process ...
E-commerce player Flipkart aims to double online product sale to $8 bn in 2015 [Type: News]
Online marketplace Flipkart is reportedly aiming to double the total value of goods it sells to $8 billion in 2015, reports Reuters, citing sources. Currently, the company's gross merchandise values (GMV) is $4 billion, calculated on the basis of ...
Snapdeal leaves shoppers high and dry on sales day [Type: News]
Snapdeal, one of the country's largest online retailers, did a Flipkart on Tuesday, failing to deliver on its promises of big discounts and speedy deliveries on its Savings Day sale. The mess-up evoked the ire of hundreds of online shoppers, who ...
After Snapdeal Motors Now Flipkart Started Selling Vehicles In Bangalore [Type: News]
The online retailers are doing lot many experiments these days. They are trying to add new product categories in a bid to attract new buyers. Flipkart too has hopped on the boat and is planning to sellcars and motorcycles.     Flipkart h ...
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 ...
Alibaba chief Jack Ma ready for bigger play in India’s e-commerce industry [Type: News]
Alibaba's Jack Ma has given the clearest indication yet that the world's largest ecommerce group is ready for a bigger play in India's online retail industry, likely making the country one of the fiercest battlegrounds for global consumer Inter ...
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 ...
Snapdeal in talks to buy Komli Media for $300 million [Type: News]
Online retailer Snapdeal is in advanced talks to acquire Komli Media in a deal that values the ad technology company at about $300 million, the same as when it raised funds from investors last year. The deal will give Snapdeal engineering capab ...
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 ...
Amazon launches automotive offering in India [Type: News]
E-commerce juggernaut Amazon has announced the launch of an automotive section on its Indian platform. The new offering will seek to provide customers access to a wide range of automotive care products, stocking a selection of over 150 domestic an ...
Cazbak.in launched as an online shopping rewards platform for ecommerce consumers [Type: News]
Cazbak.in is launched as an online shopping rewards platform for ecommerce industry in India. Cazbak is an online loyalty based website which redirects users to their intended retailer and in turn rewards them back with a certain amount of their spen ...
Hyperlocal Grocery Startup PepperTap Closes 40M Dollar Series-B [Type: News]
PepperTap, the on-demand hyperlocal grocery delivery service has closed its Series B round of funding securing an additional $4 million from Innoven Capital, in addition to the $36 million raised recently from SnapDeal Sequoia India, SAIF Partners, R ...
Amazon talks to buy a minority stake in gift card technology and retail firm QwikCilver Solutions [Type: News]
Amazon India is in advanced talks to buy a minority stake in gift card technology and retail firm QwikCilver Solutions, according to three people aware of the development. The deal, if successful, will mark the first investment in an Indian startu ...
Tata Value Homes launches new e-commerce platform for home buying [Type: News]
Tata Value Homes (TVH), a fully-owned subsidiary of Tata Housing Development Company, has launched its new e-commerce platform for home buying, www.tatavaluehomes.com, reports the Hindu Business Line. Speaking on the sidelines of the launch, Broti ...
ShopClues Launches Financing Platform Capital Wings over 150K merchants [Type: News]
Ecommerce player ShopClues has launched a financing platform Capital Wings to help its merchants raise funds to expand their business online. "ShopClues has partnered third-party finance providers (Nationalised Banks and NBFCs) to offer work ...
Flipkart buys Diwalidhamaka domain name [Type: News]
The festive months of September and October are extremely important for e-commerce companies like Amazon, Flipkart, Snapdeal and others.  To capitalize on the festive season sales Amazon kicked off its Diwali Dhamaka sale, while Flipkart called ...
Scouting for investments in internet ventures:SoftBank invites Urban Ladder,Yepme and Swipe to Tokyo [Type: News]
Japan's SoftBank has invited three Indian startups to travel to Tokyo later this month to continue negotiations that could lead to a round of funding, said three people directly aware of the developments. Online furniture retailer Urban Ladder, fash ...
Indian e-commerce market to reach $20 billion next year [Type: News]
The e-commerce market in the country is expected to grow 37 per cent to reach $20 billion by next year on the back of growing internet population and increased online shoppers, a report has said. "E-commerce in India is a $11 billion market, ...
Maharashtra FDA raids Snapdeal office for selling [Type: News]
 Maharashtra's Food and Drugs Administration (FDA) has raided the premises of major e-commerce company Snapdeal for allegedly selling prescription drugs online. According to FDA Commissioner Harshadeep Kamble, the officials raided Snapdeal's of ...
Ratan Tata invests in Snapdeal [Type: News]
NEW DELHI: Ratan Tata has invested an undisclosed amount in Snapdeal.com, the e-commerce company said on Wednesday. The Tata Group's chairman emeritus has invested in his personal capacity. Tata is one of the most high-profile individual investors i ...
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 ...
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 ...
Image-based product search to revolutionise online shopping [Type: News]
In July, e-commerce major Flipkart unveiled an image search feature on its mobile app that lets consumers get more apt search results while shopping online. Via this feature, shoppers just need to click a picture or use a photo on their phone ...
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 ...
Mobile services marketplace UrbanClap raises $25m from Bessemer Venture Partners and Others [Type: News]
Services marketplace UrbanClap has raised Rs 165 crore (~ $25 million) in funding led by Bessemer Venture Partners, with participation from existing investors Accel Partners and SAIF. It plans to use the funding for geographical and category expansio ...