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Ecommerce
Groupon India Gets Rechristened For the Third Time as NearBuy; Raises Fund from Sequoia India
One of the very prolific startup investors in the country Sequoia India is lending a hand to Groupon India to break away from the Chicago-based parent company, which is worth $3 billion dollar. The daily deals and local commerce…
Amazon’s Freedom Sale Crashes Website In First 2 Hours; An Embarrassment For AWS service?
Cashing on the patriotism sentiments, Amazon India’s much hyped and advertised “The Great Indian Freedom Sale” finally started today, August 10, which will go on for the next 2 days till August 12, 2015.
Amazon had left no stone…
Now, Facebook Wants to Ride the Ecommerce Wave in India, To Launch Online Shopping Festival
In the recent past, there’s been evident change on the front pages of pink coloured business newspapers in the country. The ecommerce entrepreneurs are now replacing the space of the traditional stories of old businesses. The rules of…
India Post to Help Farmers Sell Their Produce Online; Will Add New Revenue Channel!
The Internet has benefitted everyone from rich to poor. Guess who are the latest benefiters of it! The farmers. With the help of India's postal department, farmers will now be able to sell paddy, cotton, pulses or any other farm…
Women Driving App-Only Shopping In India; Flipkart Emerges As India’s Biggest Shopping App –…
Indian ecommerce industry is in the midst of a strange dilemma right now, which has nothing to do with revenues or profit. It’s the faster-than-imagined adoptation of mobile apps which is confusing them.
After Myntra decided to ditch…
Snapdeal With HDFC Bank Launch India’s First Ecommerce Centric Co-Branded Credit Card
Snapdeal, which claims to be India’s largest online market place has joined hands with HDFC Bank, India’s 2nd largest private bank, to launch India’s first co-branded ‘e-commerce’ credit card. Visa would be the payment processing…
Snapdeal Says Me Too, Bags $500M Funding From Alibaba, Foxconn & Softbank
It’s not even a week since Flipkart made announcement of their $700 million raise from their existing investors. Now, Snapdeal, Flipkart’s closest rival, has announced half a billion funding round from Chinese eCommerce major Alibaba,…
Amazon India will sell ‘Brand-Refurbished’ phones from Samsung and Xiaomi
A 13-inch MacBook Pro featuring an Intel i7 chip retailing for Rs. 50,330 or a Nokia Lumia 920 for Rs. 10,000. Hard to believe? It will soon be true on Amazon as it is looking forward to initiate sales in ‘Refurbished’ territory.…
Flipkart, Myntra Crippled In Mumbai As Delivery Staff Revolt Against Pathetic Working Conditions;…
Flipkart, whose valuation increased to $15 billion (Rs 96,000) after raising $700 million (Rs 4500 crore) during their 10th round of funding, is little concerned about the base on which their digital empire is being constructed: their…
Flipkart’s Massive Offline Retail Push: Launches 20 ‘Experience Zones’ Across 10 Cities; Enables…
In one of the biggest offline expansion ever performed by an Indian ecommerce portal (if we leave aside Chumbak), Flipkart has launched 20 ‘experience zones’ across 10 cities in India. These zones would enable their customers to ‘touch…
Flipkart’s New ‘f Qck’ Hyperlocal Service To Deliver Orders Within Hours; To Compete With Amazon’s…
Flipkart is currently testing their new service: f Qck, which will mark their entry into the red hot hyperlocal vertical within ecommerce niche.
As per media reports, Flipkart’s new service f Qck will enable delivery of orders within…
LocalOye Returns To Desktop Model From An App-Only Service. Flipkart Are you Listening?
LocalOye, an upcoming and popular marketplace for local services, has returned to desktop model within 3 months of going app-only mode. Out of 43 odd services which are offered on their app, close to 13 services are now available on…
Amazon Unleashes $5 Bln Warchest. Instant Video, Subscription Based Ecommerce Services Coming Soon
Amazon is pumping in another $5 billion into their Indian operations, to unleash a blitzkrieg of new offers, features and campaigns. They have already crossed $2 billion in revenues in India, and overtook Flipkart to become India’s most…
Snapdeal’s App Based Shopo Marketplace Wants To Take On Quikr, Olx & PayTm
70% of payments received by Snapdeal originate via mobile phones; and Kunal Bahl, founder of Snapdeal is very keen to enhance their presence across mobile phones.
In a masterstroke, Snapdeal has re-launched Shopo as an app based…
Rs.1 Lakh Crore Worth Indian Ecommerce Industry Will Be Finally Defined By the Govt.; Taxes &…
By the time 2015 ends, Indian eCommerce industry will be worth Rs 1 lakh crore (as per IAMAI’s latest research). But the irony is that, Government of India is still undecided on it’s basic premises, including it’s definition and the…
Flipkart Disrupts Job Market With India’s First Adoption Assistance Program, Offers Employees…
How should a company disrupt the existing market? Selling below the MRP is certainly one of them, which Flipkart has been doing for quite some time now.
How about doing something which warms your heart, and inspires a movement which…
Amazon, PayTm, Snapdeal Help India Post To Boost Their Parcel Revenue by 37%
During 2013-14, India Post had reported a negative growth of 2% for their parcel delivery division. However, for 2014-15, they have dramatically increased their parcel revenues by 37%; all because of partnerships with…
Indian Ecommerce To Cross $16B Mark In 2015; CoD Accounts for 45% of all payments: ASSOCHAM
The Associated Chambers of Commerce of India (ASSOCHAM) in association with Deloitte has came up with an interesting study which provides us with a bird eye’s view on the current state of Indian ecommerce.
As per the research, Indian…
Flipkart Embraces App-Only Mode; Will Stop Selling Via Website From September Onwards
It’s finally, official now.Flipkart is ditching their website and embracing app-only shopping experience for their customers.
Flipkart’s Chief Product Office Punit Soni, in a recent meeting with employees, declared that from…
Interesting Online Shopping Habits Of Indian Men & Women
Online Shopping has grown leaps and bounds in India over past 5 years or so. Earlier, it was a rarity, but now eCommerce has touched every online citizen’s life, be it men or women of India, be it a person from Metro or a person from…