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Ecommerce
ED Finds Flipkart Flouting FDI Rules; To Slap Rs. 1400 Cr Notice
The Enforcement Directorate has prima-facie evidence that Flipkart has flouted Foreign Investment rules and has allegedly breached FEMA (Foreign Exchange Management Act) guidelines. They are planning send a show cause notice alleging this…
GoPaisa Becomes The First Cashback Service For Flipkart Purchases
Cashback is a novel way of making the maximum of your purchases; not only you get what you are purchasing for but also get the money back. Within India, this is a relatively new concept with few websites offering this unique service.…
Snapdeal Introduces ‘LaunchPad’; Aims To Triple Seller Base By This Year!
Snapdeal has launched a unique initiative called ‘LaunchPad’ for entrepreneurs, innovators and small businesses across India. Using this platform, product creators and entrepreneurs can directly list their products on Snapdeal and utilize…
Flipkart Introduces Same Day Guaranteed Shipping
To add to previously launched In-A-Day shipping, Flipkart has now launched Same Day Guaranteed shipping that will help customers get their orders delivered on the same day at a cost.
To start off, Flipkart has made same day shipping…
Watch Out Myntra, Amazon.in Gets Into Apparels
Finally it has happened, Amazon.in has launched their Apparels category. This was one category that many were hoping to be launched on Amazon India sooner rather than later.
Amazon has entered Apparels category with the launch of ethnic…
Amazon.in Again Disrupts Indian Ecommerce Market; Introduces Kirana Stores Delivery Points
What can you do when you can’t fight your competition? Pretty easy: Befriend him!
Amazon has certainly thought of this business strategy as it has introduced a very unique and disruptive shipping mechanism, which can totally change the…
Now, Dell Warns Against Buying From Snapdeal.com; No Mention of Flipkart
Dell becomes the latest manufacturer to come out with an official warning given to consumers for buying Dell products from Snapdeal. Over last 12 months Lenovo, Toshiba and Netgear have come out with similar warnings.
Interestingly,…
25% of Counterfeit Luxury Goods Are Sold Via eCommerce Portals
So you are thinking of using ecommerce store to buy that exclusive Armani suit or Burberry bag? Want to gift your boss Caran d’Ache golden lined fountain pen through online shopping portals?
If you are wondering why these luxury goods…
Online Shopping Trends In Indian Apparel Market [Infographic]
Indian e-commerce industry has been growing at a scorching rate during the last few years with hundreds of million dollars being invested by venture capital funds in the sector. E-commerce has been around in India for more than a decade but…
Flipkart Brings Their Shopping App To Windows Phone
If you have read the recent Indian Ecommerce growth report, one thing stands out quite distinctly. Indians now increasingly prefer shopping on their mobiles. According to the report, By 2016, mobile shopping is expected to grow a whopping…
Indian E-Commerce Stats: Online Shoppers & Avg Order Values To Double In Next 2 Years!
Indian E-Commerce space is growing rapidly. Infact, it is a reached a stage where consolidation is starting to take place. Flipkart last month announced that they have crossed 1 Billion sales, while Snapdeal is expected to reach the…
Croma Is Now Challenging Online Portals with Store Pickup Concept
Croma Retail has introduced a very interesting new feature: Store Pickup. Using this, consumers can now order online via Chroma website and pick up their product from the store on the same day itself.
This new service was inaugurated by…
There We Go Again… Myntra Investors Pushing For Merger With Flipkart
I am not sure what to make of this, but the talks of merger / acquisition between 2 leading Indian ecommerce companies, Flipkart & Myntra, just do not seem to go away.
Just couple of months back, same talks were doing rounds. First,…
Amazon.in Categories Swell, Sports & Fitness Store Gets Added
It’s amazing how Amazon India has been able to grow their product categories so frequently. Since they launched in July last year, Amazon has added over 15 new categories taking the total tally to 20 categories.
The new category to get…
Amazon.in Launches Store Pickup In Mumbai, Delhi
While placing my order for an external hard-disk on Amazon today, I noticed something quite interesting on the shipping page – It said, “On the move? Pick up your order from our pickup store.”. Here is the screenshot of what it showed me.…
Delhi’s Select Citywalk Mall Going Online… Ironic?
Delhi’s Select Citywalk mall is probably one of the most popular shopping destinations in India. Located at Saket District Centre, in Saket, New Delhi, it is spread across 6 acres and has 1,300,000 sq ft of retail development space.
The…
Boost To Indian Ecommerce As SBI Launches Its Own Payment Gateway: SBIePay
State Bank of India, which is India’s largest bank has launched it’s own payment gateway which will help merchants, customers and various government departments use the internet to facilitate electronic transactions.
Named as SBIePay,…
Flipkart Achieves $1 Billion Sales, 1 Year Earlier Than Expected
WOW! The VC money is definitely being put to good use at Flipkart. If you were one of those who were surprised by the amount of money Flipkart has raised from VCs, this stat will tell you why.
Flipkart founders Sachin Bansal and Binny…
Walmart Goes Back & Forth; Now Plans To Launch Online Marketplace In India!
Walmart, one of the largest retail chain of stores in the world seems to be confused with their India plans. It has been nearly 6 years since they made their announcement about entering India. However, over those 6 years, they have only…
Offline Retailers Want “Entry Tax” Levied For Online Goods Purchases!
The protests are getting stronger from Offline retailers – It goes without saying that growth of ecommerce in India has severely affected the businesses of small retailers, especially in hardware and electronic devices category.
On one…