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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 ...
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 ...
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 ...
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 ...
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, ...
e-commerce retailer has entered the Indian market with Amazon.in [Type: News]
In 1995, Amazon.com started in the US as an online book store. Eighteen years later the world’s largest e-commerce retailer has entered the Indian market with Amazon.in, an online marketplace that offers books and movies offering up to 25 to ...
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 ...
E-commerce companies persuading highly qualified Indians in Silicon Valley to join board [Type: News]
As e-commerce companies scale up their businesses dramatically, they're being forced to look overseas Silicon Valley in particular for people with the skills needed to fill top positions. Flipkart, Quikr, Ibibo-Group, PolicyBazaar, Urban Ladder, CBa ...
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 ...
Snapdeal, Ola backers say no to SoftBank’s buyout offer [Type: News]
As SoftBank Corp was finalising deals to infuse capital in online retailer Snapdeal and taxi aggregator Ola last month, the Japanese Internet and telecom giant also made an offer to buyout shares of angels and some early venture-capital investors ...
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. ...
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 Portal Firstcry Raises 26M Dollar By Valiant Capital In Series D Funding Round [Type: News]
Brainbees Pvt Ltd, parent company of kids-focussed e-commerce portal FirstCry.com, has raised a $26-million Series D funding led by San Fransico-based Valiant Capital Partners. Existing investors IDG Ventures India, Vertex and SAIF Partners, also par ...
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 ...
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 ...
Snapdeal clinches $627 million funding from Japans SoftBank [Type: News]
In another mega-deal in India's e-commerce space, Snapdeal will raise $627 million from Japan's SoftBank, a major investor in the global internet space. This will make SoftBank the largest investor in Snapdeal, a company statement said. The e-c ...
Snapdeal Invest $20M in Logistics Firm GoJavas says Delivery Time Reduced [Type: News]
Snapdeal has invested an additional $20 million in the third party logistics company gojavas. The Gurgaon-based e-commerce marketplace had previously made an undisclosed investment in gojavas as part of a strategic partnership in March 2015.  & ...
Cazbak.in launched as an online shopping rewards platform for ecommerce consumers [Type: News]
Cazbak.in is launched as an online shopping rewards platform for ecommerce industry in India. Cazbak is an online loyalty based website which redirects users to their intended retailer and in turn rewards them back with a certain amount of their spen ...
Electronics Appliances Repair Startup HandyHome Raises 0.5M Dollar in Seed Funding [Type: News]
Mumbai-based startup HandyHome which allows users’ book brand’s authorized repairs and other services for electronics alliances, has raised $0.5 million in seed round. The investors are Bessemer Venture Partners (Investers of Skype, Linke ...
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. ...
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 ...
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 ...
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 ...
Tata Group plans e-commerce marketplace foray under Ashutosh Pandey [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 headin ...
Snapdeal removed Nalli Sarees from its portal following cease and desist order [Type: News]
Chennai-headquartered Nalli Chinnasami Chetty, an 85-year-old iconic textile brand, has initiated legal action against Snapdeal with a cease and desist notice, alleging misuse of the Nalli trademark on its platform. In a statement on Wednesday, ...
In Battle With Amazon, Flipkart Says It Is Going Back To Basics [Type: News]
India’s largest e-commerce marketplace Flipkart says it is renewing its focus on execution and is on the path to profitability. A little over four months after co-founder Binny Bansal took over as chief executive, he said that the focus on grow ...
Aditya Birla Groups Chairman Kumar Mangalam plans to enter Indian e-tail segment [Type: News]
Billionaire Kumar Mangalam Birla plans to enter the burgeoning Indian online market. The chairman of the $40 billion Aditya Birla group, which is engaged in businesses from mining and financial services to telecommunications, is open to either acquir ...
Smartphone Gaming Platform Gamezop Raises 350K Dollar In Seed Round Of Funding By Kwan [Type: News]
Delhi-based smartphone gaming platform, Gamezop, has raised $350K (INR 2.3 Cr.) in a seed round funding led by talent management firm Kwan.   This round also saw participation from Snapdeal’s CPO Anand Chandrasekaran, redBus co-founder P ...
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 ...
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- ...
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