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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 ...
Wills Lifestyle opens an online store [Type: News]
Retail fashion brand Wills Lifestyle announced that it has gone online with its own online store, during the Great Online Shopping Festival, a couple of weeks back. Before this launch, this ITC owned brand, was being sold online on different shoppi ...
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. ...
ShopClues To Acquire Mobile Payments Startup Momoe Technologies [Type: News]
Online managed marketplace, ShopClues, is reportedly in talks to buy mobile payments startup Momoe Technologies.   The people close to the development said that it will be an all-stock deal that will be announced in around 45 days. It could va ...
Flipkart partners with Euronet India to distribute its digital gift codes [Type: News]
Online marketplace Flipkart has announced a strategic partnership with Euronet India, secure electronic transaction processing and payment solutions provider, to distribute e-commerce major's 'digital gift codes' across the country. These digit ...
Flipkart, Amazon and Snapdeal to celebrate children’s day with special contests and deep discounts [Type: News]
E-commerce giants need an excuse to celebrate. To commemorate Children's Day big e-retailers such as Flipkart, Amazon and Snapdeal are not only giving huge discounts on products but running very interesting contests as well. Flipkart has tied- ...
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 ...
Revenue Model for Online Retailers in India [Type: News]
The marketplace e-tailers in India operate on a commission-based model, under which they receive a fee for listing plus commission on sales depending on the category. “These portals are not retailers but technology companies and are built on ...
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 ...
Xiaomi goes live with its online store in India [Type: News]
Chinese smartphone manufacturer Xiaomi, which entered the Indian maket in July last year, has reportedly gone live with its online store in India, reports the Economic Times. Currently the site offers accessories like protective cases, headphones ...
Despite unique risks, Amazon plans to go ahead with $2 billion investment in India [Type: News]
Online retail giant Amazon is planning to expand its infrastructure in India. The US-based company plans to open its second 'fulfilment' centre in Gujarat as part of its $ 2 billion investment plan for the country. According to a Economic Times ...
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 ...
Indian e-tail growth led by Fashion, grocery categories [Type: News]
With many leading players in India business sector acquiring and investing in the online Fashion and grocery categories, the India e-commerce space is rapidly growing, reports Warc News. As reported earlier, Amazon is in talks about buying online ...
BuzzFeed announces content partnership with WeChat [Type: News]
Social news and entertainment site BuzzFeed Inc on Wednesday announced a content partnership with China-based messaging company WeChat, as it seeks to expand its distribution platform. The partnership is the media company’s first major coll ...
Lenovo launches India's cheapest 4G smartphone, A6000, at Rs 6,999 [Type: News]
Chinese device maker Lenovo has launched its recently unveiled budget 4G smartphone, A6000, at Rs 6,999. At this price, it will be the cheapest 4G-enabled smartphone available in the market. The phone will be exclusively available on e-commerce ...
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 ...
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 ...
Flipkart rejigs top management, hands over more responsibility to Myntra founder Mukesh Bansal [Type: News]
Flipkart has rejigged its top management, handing over more responsibility to Mukesh Bansal, the founder of fashion portal Myntra which was acquired by India's largest online retailer earlier this year. The reshuffle will also result in a higher ...
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 ...
Hopcoms to launch e-commerce portal within next two months [Type: News]
Hopcoms is entering an unlikely space where the high and mighty of the VC-funded e-commerce world tread. The state co-operative that sells fruit and vegetables through nearly 300 outlets in Bengaluru is launching its e-commerce portal within the n ...
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 ...
FlipKart founders Sachin and Binny Bansal feature in Fortune Magazine’s under 40 list [Type: News]
Sachin and Binny Bansal, the poster boys ofnnecommerce in India, and the co-founders of FlipKart, have been named in Fortune'snnyoung achievers list for their initiatives in creating job opportunities. Accordingnnto '40 under 40' list prepared by For ...
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 ...
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 ...
Lenovo is developing differentiated products for online and offline platforms [Type: News]
Chinese electronics major Lenovo is working on introducing differentiated products for the online and offline platforms to offer a wider choice of devices to end-consumers, reports Business Standard. Recently there have been several allegat ...
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 ...
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 ...
McKinsey Director Krishnamurthy joins Flipkart team as COO of commerce division [Type: News]
Flipkart has reportedly hired McKinsey director Saikiran Krishnamurthy, a leading strategy expert, as Chief Operating Officer of its commerce division, adding muscle to the newly carved-out unit under Mukesh Bansal, reports the Economic Times. Acc ...
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 ...
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 ...
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