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Flipkart buys Diwalidhamaka domain name [Type: News]
The festive months of September and October are extremely important for e-commerce companies like Amazon, Flipkart, Snapdeal and others.  To capitalize on the festive season sales Amazon kicked off its Diwali Dhamaka sale, while Flipkart called ...
Tolexo hires ex-Snapdeal official invest $2 mn to build mobile technology [Type: News]
Tolexo.com, an online marketplace for business goods and supplies on Wednesday said it is investing $2 mn towards building a mobile product to take its mobile initiatives further.       It recently launched a mobile app targeted to ...
CompareRaja Logicserve raises $500K from angel investors Couponraja [Type: News]
Mumbai-based Logicserve Technologies Pvt Ltd, which owns and operates coupon provider Couponraja.in and price comparison site CompareRaja.in, has raised $500,000 (Rs 3 crore) from Mahesh Pratapneni, Pallab Chatterjee and a bunch of unnamed investors. ...
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 ...
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 ...
ShopClues Launches Financing Platform Capital Wings over 150K merchants [Type: News]
Ecommerce player ShopClues has launched a financing platform Capital Wings to help its merchants raise funds to expand their business online. "ShopClues has partnered third-party finance providers (Nationalised Banks and NBFCs) to offer work ...
Snapdeal acquires Exclusively to strengthen its fashion business & reach $2bn in GMV in 2015 [Type: News]
India’s largest online marketplace, Snapdeal.com today announced it has acquired Exclusively.com (formerly Exclusively.in) the online destination for premium and luxury fashion. With this acquisition, Snapdeal.com looks to further strengthen ...
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 ...
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 ...
Snapdeal logs onto rural India [Type: News]
Online retail is poised for a hyper jump into rural India. To go one up on archrival Flipkart, Snapdeal one of the country's largest e-tailers plans to tap 50 lakh low-income households in slums and villages across the country. These include pl ...
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 ...
FIR against Snapdeal for selling prescription drugs online in Maharashtra its Paytm co director done [Type: News]
After an FIR against Snapdeal for selling prescription drugs online, a case has now been filed against mobile wallet service provider Paytm directors (Vijay Shekhar sharma and Harinder Pal) for fraud transactions amounting to Rs 22 lakh under section ...
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 ...
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 ...
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 ...
Reliance Retail borrow Rs 4500 crore for e-commerce boost [Type: News]
MUMBAI: Reliance Retail plans to borrow Rs 4,500 crore through term loans and debentures to build its ecommerce business and accelerate store openings in select formats as rivals intensify their efforts to expand market share. The Mukesh Ambani-contr ...
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 ...
Maharashtra Govt FIR Against Shopclues For Selling Drugs Online Without Prescriptions [Type: News]
According to TheTradeBoss reports, the Maharashtra state government has filed an FIR against Clues Network which runs ecommerce company Shopclues for selling drugs online without a prescription from the doctors. Shopclues was found selling terminatio ...
Snapdeal in talks to acquire logistics firm GoJavas for Rs 150-200 crore [Type: News]
E-commerce company Snapdeal is reportedly in talks to acquire logistics firm GoJavas in a deal estimated to be about Rs 150-200 crore, as it looks to further strengthen its delivery operations in India. Business Today reports, citing sources, Snap ...
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.  & ...
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 ...
MCommerce startup connecting grocers platform JiffStore secures funding from units seed fund [Type: News]
Bangalore-based JiffStore Software Labs Pvt Ltd, which offers mobile commerce and customer engagement solutions to grocery retailers through JiffStore.com, has raised funds in a follow-on round from Unitus Seed Fund and Times Internet Ltd. JiffS ...
Hyperlocal Grocery Startup PepperTap Closes 40M Dollar Series-B [Type: News]
PepperTap, the on-demand hyperlocal grocery delivery service has closed its Series B round of funding securing an additional $4 million from Innoven Capital, in addition to the $36 million raised recently from SnapDeal Sequoia India, SAIF Partners, R ...
Mobile Wallet App MobiKwik Raises 50M Dollar Funds From Japanese And Taiwanese Investors [Type: News]
Mobile Wallet App MobiKwik, has raised about $50 million in its latest round of funding led by Japan’s GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek. Existing investors, Sequoia Capital and Asia-focused hedge fund Tre ...
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 ...
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 ...
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 ...
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 ...
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. ...
Alibaba chief Jack Ma ready for bigger play in India’s e-commerce industry [Type: News]
Alibaba's Jack Ma has given the clearest indication yet that the world's largest ecommerce group is ready for a bigger play in India's online retail industry, likely making the country one of the fiercest battlegrounds for global consumer Inter ...
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