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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 ...
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. ...
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 ...
GSF launches ad tech accelerator Digital Media Labs [Type: News]
Two-year-old Gurgaon-based technology startup accelerator GSF is now launching Digital Media Labs which will train and fund 10 digital media and advertising tech start-ups in 2015. Spread over four months, start-ups from each of the two batches ev ...
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 ...
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 ...
Fitrrati Tech product suggests the best Fit While Shopping Online [Type: News]
What is Fitrrati? Bengaluru based Fitrrati is a fit technology solution provider that helps consumers find the best size and fit when shopping online for fashion products like apparel and footwear. The startup was founded in 2014 by Durai Balusamy ...
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 ...
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 ...
eCommerce Website Amazon Invests 300M Dollar To Improve Services [Type: News]
After investing $250 million in December 2015, eCommerce website Amazon has now invested about $300 million in Amazon Seller Services. The capital are being used to improve warehousing, logistics and marketing services.     With this, Am ...
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 ...
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 ...
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. ...
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 ...
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 ...
Cashback Deal Site Cashkaro Raises Rs 25 Crore From Kalaari Capital in Series A Funding [Type: News]
Coupons and cashback deal website Cashkaro has raised ~ $3.78 million (Rs 25 crore) in a Series A funding from Kalaari Capital. The company will use the funds for brand building, marketing and international expansion to Russia, Singapore, Malaysia an ...
Naaptol raises Rs 343 crore from Japanese Conglomerate Mitsui [Type: News]
Home shopping and e-commerce firm Naaptol Online Shopping Pvt. Ltd has raised Rs.343 crore in a fresh round of equity funding from existing investor Japanese conglomerate Mitsui & Co., the company said in a statement on Tuesday. The investment ...
Toonz Retail to foray into eastern and western India markets [Type: News]
Toonz Retail, the one-stop shopping destination for children between the ages of 0 and 12 years, is planning to branch out in the western and eastern markets of India. With a sales target of achieving around, 1000 million in next two years and ...
Flipkart Secures Rs 4500-crore Fund Round in Big eCommerce Race Amazon readying $5 bn War Chest Plan [Type: News]
Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.   New York-based ...
Snapdeal to launch 5000 e-commerce kiosks across 65 cities and 70000 rural areas [Type: News]
Online retailer Snapdeal plans to tap 50 lakh low-income households in slums and villages across the country. Some of the places included in this endeavor are Dharavi (Mumbai), which is Asia's largest slum, Govindpuri, one of the biggest slums i ...
Ratan Tata invests in global telecom carrier Sabse Technologies [Type: News]
Global telecom carrier Sabse Technologies Inc, started by Hotmail founder Sabeer Bhatia, has announced that Tata Sons' Chairman Emeritus Ratan Tata has made a strategic investment in the company. The Silicon Valley-based company, which operates Sa ...
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 ...
Amazon launches automotive offering in India [Type: News]
E-commerce juggernaut Amazon has announced the launch of an automotive section on its Indian platform. The new offering will seek to provide customers access to a wide range of automotive care products, stocking a selection of over 150 domestic an ...
Flipkart, Myntra, Jabong, Snapdeal, among others to bring down coupon discounting to 20% by 2015 end [Type: News]
Top ecommerce companies, which have over the past couple of years lured millions of Indian consumers to shop online by offering deep discounts, have collectively reached an understanding to cut the high discounts through coupons to contain losses. ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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