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Marks and Spencer participates in Black Friday sale [Type: News]
Marks & Spencer is hosting a four-day e-commerce and in-store sale for Black Friday, revealing deals yesterday – along with other major retailers such as Morrisons and Tesco - before the initial offers which were available from midnight. ...
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 ...
EEPC registers 54% growth in export to Canada [Type: News]
Engineering export bodyEEPC India has registered a growth of 54 per cent during the 10 month period of 2010-11 (April-January) to $ 215 million over the corresponding period last year.  The potential of export of engineering goods to Canada i ...
Medwell Secures $10m invest $50m in five year from FGPI Fidelity Biosciences [Type: News]
Medwell Ventures, which operates Nightingales speciality home healthcare services, has secured series A funding of $10 million from Fidelity Growth Partners India (FGPI) and Fidelity Biosciences, Boston for a significant minority stake in the company ...
Microsoft Launches BizSpark Plus Programme Startup Ecosystem In India [Type: News]
Software giant Microsoft on Tuesday brought to India its global programme that helps software start-ups by giving them access to Microsoft software development tools and connecting them with key industry players, including investors. As part of th ...
Amazon plans it big with India Post network to ramp up its delivery mechanism [Type: News]
E-commerce giant Amazon wants to do in India what Alibaba did in China. Amazon's India head Amit Agarwal on Tuesday met telecom and IT minister Ravi Shankar Prasad and urged him to allow the use of new technologies such as real-time tracking and mon ...
Burberry opens retail behemoth in London [Type: News]
The 44,000 square foot space plays host to a slew of gadgetry that The Jetsons would have been proud of. 100 huge screens play videos of acoustic tracks endorsed by the fashion house, as well as displays of their classic trench coats and even stor ...
Chinese Mobile Ad Platform Mobvista to Invest $100 mn in India by 2018 [Type: News]
Mobile advertising platform Mobvista today said it will invest $100 million (about Rs 665 crore) over the next three years to expand its India operations.   As part of its expansion plans, Mobvista will establish a local India office in the ci ...
Mumbai based Food Startup Holachef Raises Rs 20 Crore led by Kalaari [Type: News]
Holachef, a Mumbai-based online restaurant, has raised Rs 20 crore in venture capital funding led by Kalaari Capital with participation from existing backer India Quotient. The funding will be used by the one- year-old startup to invest in modern inf ...
Seed Investor Blume Venture close to raise $60M to back a dozen new startups a year [Type: News]
Mumbai-based seed investor Blume Ventures which provides seed funding in the range of $50K – $300K to early-stage tech-focused/tech-enabled ventures, is close to raise $60 million second fund by December. The raised funds will be used to make i ...
HomeShop18ís COO Narasimha Jayakumar joins online property listings site 99acres.com [Type: News]
Chief Operating Officer & Business Head – E-commerce at HomeShop18, Narasimha Jayakumar has quit the company and has joined InfoEdge’s online real estate business 99Acres as its chief business officer, reports Medianama. Jayakumar ...
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 ...
H&M planning to launch online shopping in U.S. [Type: News]
Hennes & Mauritz, which has plans to open its first Hawaii H&M store in Waikiki, has announced plans to launch an online-shopping website in the United States this summer. The Wall Street Journal reports Sweden-based fashion retailer H& ...
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 ...
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 ...
Titan scouts for tech partner for its smart-watch [Type: News]
Titan is scouting for a technology partner for a high-tech smart watch which the company prefers to term as "utility watch". "We are looking for a technology partner and we aim to bring out a watch in a year's time. It will be a u ...
Bangalore Based Startup Infurnia Raises Funding From Idein Ventures [Type: News]
Bangalore-based startup Infurnia, a provider of virtual reality technology for the furniture segment, has raised $160K in a funding round from UAE-based venture capital firm Idein Ventures.   As part of the deal, Mumbai-based serial entreprene ...
Nykaa To Raise Rs 80 Crore Via Private Equity And HNI For Expansion [Type: News]
Nykaa, an e-commerce start-up into skincare and beauty products, plans to open five stores in 2016 and 30 stores across India by 2020. A start-up venture by Falguni Nayyar, former Managing Director of Kotak Investment Bank, Nykaa plans to roll out br ...
Budget 2011: Auto parts companies eye tech boost; excise hike likely [Type: News]
Auto parts makers want the government's help to upgrade technology and spur investments to boost capacity, but analysts do not see the Budget for 2011-12 to be tabled in parliament on February 28 taking much steps in this direction.  On the c ...
Amazon Opens Global ECommerce Markets to exporters Topple Walmart in 2015 [Type: News]
Amazon on Tuesday announced the launch of its Global Selling Program in India, opening doors for Indian businesses to export to e-commerce markets of the world. Amazon is extending two of its pioneering products – Selling On Amazon (SOA) an ...
EU seeks huge duty cuts on auto, wines in its FTA with India [Type: News]
The European Union has sought substantial reduction or even elimination of duties in export of its automobiles, wines and spirits to India as a "must have" in the free trade agreement being negotiated between the two sides.  While I ...
F Cubed founder Anu Duggal raises Rs 30 crore for women-led startups [Type: News]
Anu Duggal, an Indian-American founder of seed capital fund Female Founders Fund, or F Cubed, last week completed raising $5 million, or about Rs 30 crore, to invest in women-led startups. Why? Because there's a huge gap in early-stage funding ...
Quikr ties up with Microsoft to launch its classified app on Windows platform [Type: News]
Online classifieds company Quikr today joined hands with Microsoft to launch the Quikr app on the Windows Phone Store. Quikr and Microsoft have joined hands to make the design appealing to users of the Windows platform thereby bringing the power of t ...
Marketing Automation Startup Massblurb Secures Funding From Mumbai Angels And Lets Venture [Type: News]
 Mumbai-based Massblurb, a marketing automation & online presence management tool for restaurants, secured an undisclosed amount of funding from Mumbai Angels and LetsVenture. Half of the amount will be invested in for sales & marketing ...
BankBazaar Raises 375 Cr Investment Led by Amazon [Type: News]
BankBazaar.com, a financial marketplace, raised Rs 375 crore in Series C round of funding led by Amazon with participation from Fidelity Growth Partners and Mousse Partners. Existing investors Sequoia Capital and Walden International also participate ...
Amazon Silently Acquired Shoefitr To Improve Footwear Selling Quality [Type: News]
It looks like Amazon has made another acquisition under the radar, this time to boost online sales in fashion. The company has purchased Shoefitr, a startup based in Pittsburgh that has developed 3D technology to help match online shoppers with shoes ...
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 ...
Myntra Hires Gunjan Soni As Chief Marketing Officer And Head Of International Brands [Type: News]
Myntra, leading online fashion platform, has appointed Gunjan Soni as Chief Marketing Officer and Head, International brands business effective start of December.     Speaking on the appointment, Ananth Narayanan, CEO, Myntra said, &ld ...
Moto X (2014) review: Bigger display, metal frame, and fabulous Motorola experiences make it the best Android [Type: News]
If you love the way the current Moto X disappears in your front pocket, you may not like the new Moto X. However, if you are willing to compromise a bit on the size then you will love what Motorola did with the new Moto X where everything else has ...
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 ...
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