Info Edge (India) Limited, the biggest listed ecommerce company in India, said net sales rose 19% to Rs 171.8 crore for the quarter ended June compared to a year ago. However, profitability was hit and profit after tax fell to Rs 28.7 crore from 39.8 cr a year ago. Most Internet companies in India not […]
Lifestyle brand Mad(e) In India plans to raise Rs 30 crore as part of Series A funding by end of 2015 to scale up and augment its market presence and operations. The firm uses a hybrid business model – both online and offline. Mad(e) In India is a premium lifestyle brand headquartered in Mumbai. It […]
Wave Infratech said it would offer properties under its Wave City Center and Wave City on Snapdeal.com “As a first in the online selling space, Wave Infratech would be offering a host of products – Irenia, Vasilia, Livork Studios at Wave City Center and Wave Executive Floors, Wave Floors Premium and Dream Homes at Wave […]
CouponDunia, which specializes in issuing discount coupons for online retailers, has ventured into the offline space with newspaper coupons. The physical coupons can be redeemed for instant discounts on grocery, homecare and personal care purchases at local supermarkets, it said. “The first edition runs Saturday, July 25, 2015 in mainline newspapers across Mumbai, Delhi and […]
Flipkart, India’s largest e-commerce marketplace opened its newest warehouse at Dadri, UP, taking the total warehouse strength across India to 14, and throwing its focus on the Hindi heartland. Typically, most of the ecommerce volumes in India come from the South and West, with the North and East lagging slightly. As a result, most of […]
Flipkart, among India’s top two online retailers, said Eric Lange will join the company as Vice President of Product Management for its Customer Experience. Lange joins from Yahoo, where he was Vice President of Product Management in the Ads division. Lange is the latest in a series of senior Silicon Valley technology executives to join […]
Quikr, one of India’s top three classifieds provider, today officially launched a new company logo. “The evolution of the company’s brand is also in sync with the evolution of Quikr’s users who have high aspirations, and have increasingly started using Quikr across a variety of categories such as cars, real estate, goods, services and jobs […]
Flipkart, India’s largest online marketplace launched the ‘Seller Advantage Week’—an initiative in an attempt to woo new sellers to its platform. As a part of Flipkart’s national seller campaign, ‘Apne Sapne Jee Kar Dekho,’ this initiative will offer support and guidance to new sellers to kick-start a hassle-free online journey. Sellers who register with Flipkart […]
Croma, the electronic retail chain from the Tata group, said it intends to expand its initial steps at integrating its physical stores and its ecommerce website croma.com. The integration would make it possible for customers to seamlessly merge the physical and online operation. As a result, they would not only be able to buy on […]
Certain rules suggested by the government of India for possible inclusion in its upcoming e-commerce policy have drawn opposition from industry bodies. Key among these are the conditions that payment collection, packing and delivery should be made the responsibility of the seller and not the intermediary website (such as Flipkart and Amazon). The Department of […]
State Bank of India (SBI), the largest bank in India, has entered into a Tripartite memorandum of understandingn with bankbazaar.com and SBI CAP Securities Ltd to provide one more online platform for applying for SBI Home Loans. “This partnership will help the Bank Under this arrangement, the Bank will be able to display its Home […]
After registered sales of mobile phones, it’s registered sales of flats. Tata Value Homes, an arm of Tata Housing Development Company, announced India’s first online exhibition for an exclusive audience through a valid invite code. Registrations for this three day event starting 13th to 15th July, have begun on www.tatavaluehomes.com. “With this launch, Tata Value […]
Axis Bank, India’s third largest private sector bank, has added touch authentication for transactions through its mobile app for its iOS app. The feature will not be available in the Android version of the app. Bank customers using Apple iPhone 5s and above can now complete their financial transactions such as bill payments, mobile recharge […]
YU, the online-focused brand from a Micromax founder, said it will hold a special sale of its Yuphoria phone for selected customers guaranteeing availability. “The exclusive sale will be held on Wednesday, July 8, 2015 between 2pm-5pm on Amazon.in and will provide a privilege to the fans as they are guaranteed to get the YUPHORIA […]
Commonfloor.com has introduced a new ‘Free-lenser’ program aimed at amateur and freelance photographers that will help them work and earn. CommonFloor is calling-in entries from photographers who are interested to "capture pictures of a locality which can depict the essence and nuisance of that area." "This first-of-its-kind program will work as a vehicle for photographers […]
Global e-Commerce sales made via mobile devices are expected to cross $638 billion by 2018, according to the joint study brought out by ASSOCHAM and Deloitte said. Currently, the availability of e-Commerce applications on various mobility devices is helping to drive sales and revenue, Assocham said. “E-tailers like Flipkart, Amazone and Jabong now get 50% […]
Retailer Shoppers Stop said it would invest Rs 60 crores over the next 3 years to build up an ‘omnichannel’ delivery platform that would encompass physical stores, web, social, TV and marketplaces. It has chosen SAP as its technology solutions partner. The move would involve its group companies HomeStop, Hypercity and Crossword as well. By […]
Infibeam Incorporation Ltd, which some call the fourth or the fifth biggest online portal in India, has filed for a Rs 450 cr initial public offer with the markets regulator. With this, the company has beaten Flipkart, which was widely expected to be the first online shopping portal to go public, to the bourses. Infibeam.com […]
Flipkart, which has recently been overtaken by Amazon India as India’s most visited ecommerce website, has announced a new ‘Image search’ feature on its mobile app. With the app, you can take a snap of anyone wearing any dress, and that app will try to locate a similar dress for you. “The added feature has […]
Flipkart has been ranked second in top book sellers in the world according to a survey called ‘Top 40 Global Bookstore Mind Share,’ (BMS index). This survey which has assessed both offline as well as online book sellers across the globe has ranked Flipkart ahead of companies like Barnes & Noble of the United States, […]
