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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 ...
DEALSANDYOU.COM CLOSES USD 17 MILLION FUNDING ROUND [Type: News]
dealsandyou.com (a Smile Group Venture), one of India’s largest daily deals sites, announced the closing of a US $17 Million round of funding, led by Mayfield Fund and Norwest Venture Partners (NVP). Nokia Growth Partners and Intel Capital also ...
B2B Marketplace Moglix Raises Funding From Ratan Tata [Type: News]
Moglix, an ecommerce company specializing in B2B procurement of industrial products, today announced an undisclosed financial investment in the company by renowned industrialist, Ratan Tata. This marks Tata’s entry as an investor in a manufactu ...
Voonik Hires Trialkart to provide Shopper Virtual Dressing Room App [Type: News]
Voonik, the online app-based fashion retailer, which recently introduced an image-search feature in line with other e-retail giants, has acqui-hired TrialKart which offers virtual dressing room experience to its users. The financial details related t ...
Mahindra welcomes BabyOye.com on board, FirstCry raises $26 mn in 4th round [Type: News]
Parents in India may or may not be shopping for nappies online but sites selling babycare products continue to find new parents. The latest to join this league is BabyOye.com which has just been acquired by Mahindra Group. The news came to light ...
Veteran Designer Neeru Kumar has launches an eCommerce store [Type: News]
Keeping up with the Internet retail trend, veteran designer Neeru Kumar has launched an eCommerce store for her brand Tulsi, at www.tulsionline.in, to sell designer merchandise online. Unlike other designers who choose eCommerce marketplaces and es ...
Australian Homewares Retailer House to Launch in UK [Type: News]
House, which is owned by Global Retail Brands, has thrown down the gauntlet to the likes of Lakeland and John Lewis with plans to open 75 stores within the next three years.   It aims to open its first tranche of shops by April 2018 and will a ...
Alibaba Clocks Record Breaking $14B in Sales on Big Singles Day [Type: News]
While India was engaged in celebrating its festival of lights to appease to the Goddess of wealth, its next door neighbour China was splurging money online on the occasion of Singles Day. Yes, Chinese economy is still slowing down, however on this da ...
ShopPirate.in announced its ambitious plans to expand to the US, Canada and Australia by 2015 [Type: News]
Online Coupon marketplace, ShopPirate.in announced its ambitious plans to expand to the US, Canada and Australia by 2015. The company also plans to target 2 lakh subscriptions by the end of 2014. With more than 1 lakh users already in its kitty, the ...
Swiss Fashion Akris, Launches ECommerce Boutique [Type: News]
Swiss luxury fashion house, Akris, which currently has about 600 global brick and mortar points of distribution, has announced the launch of its first ecommerce boutique on its newly designed website, akris.ch. The fashion house, based in St. Gallen, ...
Karen Millen to launch more local language websites across Europe [Type: News]
Karen Millen is to launch more local language websites across Europe in the hope of repeating the sales success it enjoyed in Germany. Gemma Metheringham, Karen Millen joint managing director, said the push was part of its strategy to expand its i ...
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 ...
B2B Industrial Goods Marketplace Bizongo Raises Seed Funding From Accel Partners [Type: News]
Bizongo, a Mumbai-based B2B marketplace for industrial goods, has raised an undisclosed amount in seed funding from Accel Partners. The funding will be used to build a unified platform for businesses in the plastics, chemicals and packaging industr ...
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 ...
Zalando Revenues On The Up As Beauty Plan Revealed [Type: News]
Ecommerce giant Zalando increased sales by between 27.5% and 29.5% to €1,064m-€1,081m in Q3 and has revealed it intends to launch a beauty category next year.   The German-based business said it expects to achieve an adjusted EBIT of ...
Flipkart set to raise $1.5 billion in another round of mega fund-raising [Type: News]
India's largest online retailer, Flipkart, could begin another round of mega fund-raising as it expands its product range catering to a widening base of customers. The Bengaluru-based firm will seek funding of about $1.5 billion and has begun shortl ...
Opportunities and Challenges Enabling Hyperlocal Commerce in India [Type: News]
‘Hyperlocal’ is perhaps one of the very few words that have managed to rattle the fast-scaling eCommerce giants in the last few years. While the media and the retail landscape of the country was abuzz with praise for virtual businesses, a ...
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. ...
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 ...
Rivigo Raises 30M Dollar in Series B Round Led By Saif Partners [Type: News]
Gurgaon-based logistics services provider, Rivigo (formerly TrucksFirst) has raised $30 million with equity and debt financing in series B round of funding led by SAIF Partners & other investors. The platform aims to leverage the raised capital t ...
Debenhams plans to launch ecommerce sites in 34 other countries [Type: News]
Debenhams recently deployed its first foreign language online store in Germany as part of its plans to expand into international markets. Debenhams currently has stores in the U.K., Ireland and Denmark, and it plans to launch ecommerce sites in 34 ot ...
Craftsvilla Buys Shipping Service Provider Sendd for 4.5M Dollar [Type: News]
Craftsvilla has acquired on-demand shipping service provider startup Sendd for a deal amount of $4.5 million. With this acquisition, Craftsvilla wants to strengthen and streamline its logistics capabilities. As part of the deal, Sendd will continue t ...
PrintStop launches new eCommerce enabled website [Type: News]
Mumbai-based digital printing firm, PrintStop, has launched a new website which is eCommerce enabled. Milap Shah, co-founder, PrintStop recently set-up its fifth retail print store in Kandivali, Mumbai, said, "We are a chain of digital printi ...
Cloud Telephony Company Acquired Customer Engagement Platform Smartwards [Type: News]
Cloud telephony company Knowlarity Communications has acquired Delhi-based Smartwards, a customer engagement platform that simplifies loyalty for local businesses and their customers, for an undisclosed amount.   As part of the move, co-founde ...
IBM Provide IT Solutions Supply Chain Logistics Firm Gati for e-Commerce Operations [Type: News]
Tech firm IBM said on Thursday it will provide IT solutions to supply chain logistics firm Gati Kintetsu Express (Gati KWE). Gati has chosen IBM Commerce solution to help online retailers meet the rising consumer demand for efficient delivery of ...
Why Aggregators will be the Next Force After eCommerce [Type: News]
Online shopping is child’s play, or so, as claimed by the commercials from Flipkart and Amazon. In the last 5 years India has seen lot of activities in the eCommerce space. Various new companies have started, a few merged, some got acquired a ...
Senco Gold Diamond Tie Up With Flipkart [Type: News]
One of India’s finest jewellers Senco Gold & Diamonds has tied up with etailer Flipkart to sell a wide variety of light-weight, gold and diamond jewellery priced between Rs 7,000 and Rs 1,50,000.     €œGra ...
AussieCommerce Group has announced to launch of latest brand The Gourmet [Type: News]
Continuing a heady period of growth for the company, the AussieCommerce Group has announced the launch of its latest brand, The Gourmet, which aims to be a destination website for foodies, offering premium meats and fresh produce at wholesale prices. ...
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 ...
Big boys of retail want to move online [Type: News]
 Brick-and-mortar retailers such as Future Groups’s Big Bazaar and Aditya Birla Retail are understood to be ramping up their back-end to gear up to the e-commerce revolution. The idea is to find additional revenues, reach out to Net-savvy ...
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