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Snapdeal in advance talks to buy Freecharge for Rs 2,800 crore: Sources [Type: News]
 BENGALURU: Snapdeal is in advanced talks to buy online mobile recharge platform Freecharge for $450 million (Rs 2,800 crore) in what will be the biggest deal in India's consumer Internet industry, according to two people involved in the transac ...
Fitrrati Tech product suggests the best Fit While Shopping Online [Type: News]
What is Fitrrati? Bengaluru based Fitrrati is a fit technology solution provider that helps consumers find the best size and fit when shopping online for fashion products like apparel and footwear. The startup was founded in 2014 by Durai Balusamy ...
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 ...
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 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 ...
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 ...
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 ...
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 ...
Future Group Partners with Amazon to Sell Online; To Start by Selling Apparel [Type: News]
Online marketplace Amazon and Indian Brick and Mortar retailer-Future Group has signed an agreement to sell goods online. As part of the deal, both firms are expected to develop a new line of products across categories to be exclusively sold at Am ...
Snapdeal acquires mobile platform startup Letsgomo enhance Mcommerce [Type: News]
E-commerce marketplace Snapdeal, which is run by Delhi-based Jasper Infotech Pvt Ltd, has acquired Letsgomo, a mobility solutions company, for an undisclosed amount, it said in a statement. The Gurgaon-based startup provides end-to-end mobility so ...
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 ...
eBay India announce the 9 Hour Delivery service [Type: News]
E-commerce marketplace, eBay India, announced the first phase launch of the ‘9 Hour Delivery’ service. As of now, this service has been made available in Mumbai. Under this service, eBay will be delivering purchases of select technolog ...
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 ...
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 ...
Buyt.in raises $1M funding [Type: News]
Product discovery portal, Buyt.in has raised USD 1 million from a Delhi-NCR based marketing company, reports iamwire. The official announcement will be coming by the end of July stated the report. The marketing company will providing economic support ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Hyperlocal Grocery Delivery Service PepperTap Closes Additional 4M Dollar in Series B [Type: News]
On completion of its one year of operations, PepperTap, India based on-demand hyperlocal grocery delivery service, has made multiple annoucements. It has closed its Series B round of funding; with an additional $4 million from Innoven Capital, in add ...
Snapdeal looks to evolve from e-commerce venture into technology company [Type: News]
Delhi-based firm Snapdeal is building its big data platform, as the company looks to evolve from an e-commerce venture into a technology company, offering a suite of products and services, reports the Economic Times. A senior executive of the comp ...
Snapdeal Plans To Scale Down Operations In Regional Offices [Type: News]
Indian e-commerce major Snapdeal is reportedly planning to scale down its operations in its few regional offices including the major ones in Mumbai, Bangalore, Kolkata, and Hyderabad. According to a report, which cited unnamed people within the compa ...
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 ...
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 ...
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. ...
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 ...
4 hottest jobs in Indian e-commerce industry [Type: News]
User interface developers, e-commerce merchandising specialists, interaction designers and digital marketers to be in demand in the e-commerce industry in the coming years. The Indian e-commerce industry warmed up in 2014, with a large chunk re ...
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 ...