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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 ...
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 ...
Coupon sites gaining prominence among net users in India: ComScore [Type: News]
Digital marketing intelligence firm comScore’s latest report for the month of June reveals that about 10 per cent of the online population in India accessed coupon sites. The report revealed that 4.6 million Internet users aged 15 or above h ...
Flipkart and Snapdeal sell products worth Rs 600 crore each in a day [Type: News]
In one of the biggest sales days in Indian online retail market, Flipkart and Snapdeal on Monday sold products worth an estimated Rs 600 crore each even as customers complained about technical glitches, while global e-retailer Amazon continued its ow ...
Branded jewellers like Gitanjali and Tara tie up with Amazon, Snapdeal to sell cheaper products onli [Type: News]
KOLKATA: Branded jewellers are tweaking their marketing strategy to cope with high rentals, thin margins and competition from neighbourhood shops that a section of the trade claims, source gold from the grey market where it is available cheaper since ...
Snapdeal acquires Exclusively to strengthen its fashion business & reach $2bn in GMV in 2015 [Type: News]
India’s largest online marketplace, Snapdeal.com today announced it has acquired Exclusively.com (formerly Exclusively.in) the online destination for premium and luxury fashion. With this acquisition, Snapdeal.com looks to further strengthen ...
Yet another investment of TATA in Chinese phone maker Xiaomi [Type: News]
Ratan Tata, chairman emeritus of the holding company of the Tata conglomerate, has acquired a stake in Xiaomi Technology, a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market. Financial de ...
Indian E-Commerce Shoppers Doubled In Just A Year: ViziSense [Type: News]
We all know E-Commerce has been booming in India, along with M-Commerce, it is reshaping the way Indians conduct transactions. Last week, ViziSense, a platform that measures Online Audience and Ad’s in India, released a comprehensive report on ...
Tolexo hires ex-Snapdeal official invest $2 mn to build mobile technology [Type: News]
Tolexo.com, an online marketplace for business goods and supplies on Wednesday said it is investing $2 mn towards building a mobile product to take its mobile initiatives further.       It recently launched a mobile app targeted to ...
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 ...
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 ...
Home Service Provider DoorMint Raises US$3M To Take On Taskbob Zimmber [Type: News]
This round is led by Helion Venture Partners and Kalaari Capital; demonstrates VC interest spike in the on-demand home services space       Consumer Internet continues to hog the limelight in India. After the massive success storie ...
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 ...
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 ...
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 ...
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 ...
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 ...
Finally Myntra to Shutdown its Desktop version, Go App-Only [Type: News]
After closing its mobile website last month, online fashion retailer Myntra is now moving to an app-only strategy by shutting down its desktop website. The company confirmed the move by telling NDTV Gadgets it will "focus on mobile, and will soo ...
FIR against Snapdeal for selling prescription drugs online in Maharashtra its Paytm co director done [Type: News]
After an FIR against Snapdeal for selling prescription drugs online, a case has now been filed against mobile wallet service provider Paytm directors (Vijay Shekhar sharma and Harinder Pal) for fraud transactions amounting to Rs 22 lakh under section ...
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 ...
E-commerce firms others use stock to lure high-level executives [Type: News]
With their ever-increasing valuation, pay packets that ecommerce companies offer to senior hires are getting fatter, too. And, they are sweetening up the offers with irresistible stock option plans to lure people from traditional retailers and sec ...
Lifestyle International in deal to sell goods from Max Retail on Flipkart [Type: News]
Dubai-based retailer Lifestyle International has entered into a deal with Flipkart to sell goods from its value fashion format Max Retail online exclusively on the latter's portal, joining a rising list of brick-and-mortal retailers forging allia ...
E-Commerce Samsons Snapdeal and Flipkart now client of real estate Giant Imperia Structures [Type: News]
Walking amidst the streets of industrial Delhi, looking at the skyscrapers, you feel no less than walking in a video game fantasy. The advancement that we have achieved and the exponential pace with which we are moving is almost like time travelling. ...
India Nexus Venture Partners Closes Fourth Fund of $450M [Type: News]
Nexus Venture Partners has closed its fourth (IV) fund at $450 million from long term Nexus investors including endowments, foundations and financial institutions across North America, Europe and Asia, who have partnered with the VC in previous funds ...
Snapdeal Parent Jasper Infotech Raises 200M Dollar In Funding At Valuation Of Over 6.5B Dollar [Type: News]
Snapdeal parent Jasper Infotech, has raised $200 million in a fresh funding round led by Ontario Teachers’ Pension Plan and Singapore-based investment entity Brother Fortune Apparel, among others. With the infusion of this capital, Snapdeal is ...
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 ...
Yepme raises $13mn from TCS Capital & JS Capital; seeks more funding from SoftBank [Type: News]
Vas Data Services Pvt. backed fashion e-tailer Yepme.com has reportedly secured close to $13 million in Series A funding round from TCS Capital and JS Capital, with participation from existing investors Helion Venture Partners and Capricorn Investmen ...
Snapdeal in talks to acquire online recharge provider FreeCharge [Type: News]
Online marketplace Snapdeal is reportedly in talks to buy online recharge service provider FreeCharge, reports Live Mint, citing two undisclosed sources familiar with the discussion. Although, the valuation of the deal is not known. According to ...
Just Dial set to raise Rs. 1000 crores as it enters the e-commerce space in India [Type: News]
Online telephone directory company Just Dial is raising up to Rs 1,000 crore through issue of equity shares as it moves into the highly competitive e-commerce space, reports the Economic Times. The company disclosed its plans after its second quarter ...
E-commerce Companies to spend Rs 200 crore for month-long ad campaigns for Diwali [Type: News]
The shopping season from September-end to Diwali in late October is the top sales period in India, accounting for about 40% of the total for most brands. And according to multiple media planners, e-commerce companies Snapdeal, Flipkart and Amazon, ar ...