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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. ...
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 ...
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 ...
Fashion Portal Elitify In Talks To Raise Rs 13 Crore [Type: News]
Gurgaon-based fashion portal Elitify is in talks with potential investors including Paytm for raising $2 million or about Rs 13 crore, people aware of the matter said. Elitify founder Amit Rawal confirmed that the company is looking to raise funds, b ...
Alibaba may snap up a deal in India [Type: News]
According to the Economic Times report, Chinese e-commerce giant Alibaba may invest in Snapdeal to tap into the burgeoning e-tail industry in India. The company, which was recently listed on the New York Stock Exchange (NYSE), is expected to be value ...
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 ...
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 ...
Ratan Tata is now in Fashion industry by investing in KAARYAH.COM [Type: News]
KAARYAH, a fashion brand for women's apparel, has raised an undisclosed amount of investment from Tata Sons' chairman Ratan Tata. This adds another online player in his portfolio. Also after this he is now chosen the fashion industry as his next vent ...
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 ...
eCommerce firm Amazon invests $190M into Indian Flagship Firm [Type: News]
After creating a $2 billion fund for its Indian arm in 2014, and committing another $5 billion for the same in July 2015, eCommerce firm Amazon has invested an amount of $190 million (Rs 1,237 crore) into its Indian arm- Amazon Seller Services, mak ...
Snapdeal sets target to sell fashion product worth $2 billion in 2015-16 [Type: News]
Ecommerce major Snapdeal is tying up with leading fashion brands, designers and some large format retailers such as Shoppers Stop, and has set a target to facilitate sales of fashion product worth $2 billion, or about Rs 12,400 crore, next fiscal. ...
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 ...
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 ...
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 ...
eCommerce Marketing Startup Noida-Based BetaOut Raises $500K Via Snapdeal Co Founders [Type: News]
Noida-based e-commerce marketing software startup Betaout, has raised $500,000 or Rs 3.2 crore in seed round of funding from group of angel investors including Snapdeal cofounders Kunal Bahl and Rohit Bansal.       Other angel inve ...
Move over Flipkart, Alibaba reports record $9.3 billion sales in a single day [Type: News]
E-commerce behemoth Alibaba recently held 'Singles Day Sale’ in China, encouraging people who aren’t in a relationship to splurge on a gift for themselves. Alibaba turned Singles' Day, a Nov. 11 Chinese response to Valentine's Day, ...
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 ...
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 ...
Multi-Level Marketing Companies issue notices to e-commerce sites including Snapdeal, Flipkart and eBay to stop selling their products [Type: News]
Amway, Tupperware and Oriflame have issued notices to e-commerce sites including Snapdeal, Flipkart and eBay, asking them to stop selling their products, reports the Times of India. The merchandise of these three direct sellers is not only offered ...
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 ...
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 ...
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 ...
Any Scope For Online Art Marketplace in India [Type: News]
In the past couple of decades, the interest of people in Indian artwork has risen dramatically  across the globe. They have started recognizing it, thereby increasing its commercial value. The art industry has suddenly witnessed a growing demand ...
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 ...
Flipkart set to raise $1.5 billion in another round of mega fund-raising [Type: News]
India's largest online retailer, Flipkart, could begin another round of mega fund-raising as it expands its product range catering to a widening base of customers. The Bengaluru-based firm will seek funding of about $1.5 billion and has begun shortl ...
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 ...
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 ...
Reliance Retail to start online sales of smartphones, laptops and televisions [Type: News]
Reliance Industries (RIL) plans to start online sales of mobile phones, laptops, televisions and home appliances next quarter, significantly expanding its e-commerce business currently confined to only grocery sales in Mumbai. But the country's large ...
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 ...
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 ...