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Tracxn raises $10M to fund startup incubator TracxnLabs [Type: News]
Tracxn, a research platform for private market investors, has raised $10 million in a round of funding led by Sachin Bansal and Binny Bansal of Flipkart along with other individual investors. The platform will use the funding to launch an incubator c ...
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 ...
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 ...
Fashion Portal Roposo.com raises $5 million funding led by Tiger Global [Type: News]
Fashion-focused social network, Roposo.com today said they have raised USD 5 million funding led by technology venture investor Tiger Global. Roposo.com raised USD 5 million (over Rs 31 crore) series A investment led by the technology venture inv ...
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 ...
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 ...
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 ...
Chefs Basket raises $6M from SAIF partners and Angel Investor [Type: News]
Ready-to-cook food startup Chefs Basket has raised $6 million from SAIF partners and angel investor Haresh Chawla in series A funding. The funding will be used towards expansion of its product range and adding new distribution channels by end of 2 ...
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 ...
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 ...
Online Retailer Flipkart Invests In Parenting Social Network Tinystep [Type: News]
Online Retailer Flipkart has invested an undisclosed amount in parenting-focused social network Tinystep to back the start-up’s plans in developing product, enhancing user experience and strengthening the team. Tinystep will also use the fund t ...
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 ...
Diwali Dhamaka Offers 2014: Top 20 Smartphones With Upto 50 Percent of Discount [Type: News]
India is currently enjoying the Dussehra in a great mood and the festivities is all in the air. One of the major things that is being observed in India at the moment is the discounts and offers of several household products. You must have witnessed t ...
Jockey Says No To Discounts Online Store [Type: News]
Aggregators like Myntra, Flipkart, Amazon offer heavy discounts to customers, and this is against Page Industries‘ Master Franchisee of Jockey in India & South Asia approach of never discounting its products in any distribution channel, as ...
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 ...
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 ...
FlipKart Bansal Debut: Mukesh Ambani India Richest List tops at 86th slot for 9th year [Type: News]
Industrialist Mukesh Ambani was on Wednesday named India's richest for ninth year in a row with a net worth of $18.9 billion even as his wealth dipped by $4.7 billion in a year, while ecommerce giant Flipkart founders made their debut on the countr ...
e-Commerce Firm Flipkart hold 2nd Annual Big Billion Day sale in October on Mobile App Only [Type: News]
Flipkart has announced its second “Big Billion Sale,” which will be held between the 13th and 17th of October, 2015.  An app-only shopping event will enlist offers and discounts across 70+ product categories, which include apparels ...
Flipkart welcomes Dropboxs Aditya Agarwal to its Board of Directors [Type: News]
 E-commerce marketplace Flipkart today announced that Aditya Agarwal, Vice President of Engineering at Dropbox, will join Flipkart’s Board of Directors as an independent board member. Commenting on the appointment, Sachin Bansal, Co&nda ...
India Largest eCommerce Firm Flipkart Shuts Down Its Grocery Delivery App Nearby [Type: News]
India’s largest e-commerce firm Flipkart Ltd will shut its groceries delivery app, Nearby, less than five months after the company started testing it, two people familiar with the matter said.   The Nearby app was launched as an experime ...
With Gesture based shopping and online-offline presence, Mirchimart targets Rs 20 crore turnover in the first year [Type: News]
Punit Sindhwani and Sudhir Saluja are a team since college. Punit, the founder of Paxcel Technologies Limited (an enterprise product maker) and Sudhir Saluja, the owner of Electronics Retail (a supplier to Flipkart and others) have come together, ...
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 ...
Finally after Myntra, Flipkart to shut down website within a year [Type: News]
Flipkart would move to an app-only format within a year, a senior executive said, confirming growing speculation that India's largest e-commerce platform would follow the route announced for unit Myntra. "Last year, we had more on the ap ...
Ex-Tata Communication's employee Sanjay Baweja joins Flipkart as CFO [Type: News]
E-commerce marketplace Flipkart.com today announced that it has appointed Sanjay Baweja, as its Chief Financial Officer (CFO). Sanjay, who in his earlier role was Global CFO for Tata Communications, brings with him over three decades of valuable ...
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 ...
Parenting Network Tinystep Gets Funding From Matt Glickman [Type: News]
Bangalore-based WeHive Technologies Pvt Ltd, which runs parenting social network TinyStep, has raised an undisclosed amount from Silicon Valley entrepreneur and investor Matt Glickman.Glickman is founder of US-based parenting portal BabyCenter. As pa ...
SnapDeal launches own payment gateway [Type: News]
Online marketplace SnapDeal is going to be the second in line to launch its own payment gateway, reported The Economic Times. The first online marketplace to launch its own payment gateway was Flipkart. Back in July this year, Flipkart launched it ...
Online Pet Store DogsPot Raises Investment From Group Of Angel Investors [Type: News]
Gurgaon-based Petsglam Services Pvt Ltd, which operates online pet store DogSpot.in, has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons, the holding company of the Tata group.   This marks another addition to the ...
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 ...
Lonely Planet launch online shopping cart on portal [Type: News]
Travel content provider, Lonely Planet has launched online shopping cart on its portal allowing users to purchase travel guides and e-books online. Digital agency Iffort, which is responsible for other online initiatives by Lonely Planet, has powered ...
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