May 24, 2013

Erstwhile President, tradus.in Rahul Sethi decides to plunge into e-enterpreneurship

Rahul-Sethi

Indian eCommerce industry is growing very fast and trend of deserting the plush professional career and step in to riskier and volatile space of entrepreneurship is also growing. Enticed by the growth with intent to fill the gap of growing demand in Indian eCommerce industry, one of the experienced, young and seasoned senior executive from Indian eCommerce industry has taken the plunge in to entrepreneurship. Rahul Sethi, the erstwhile, President of tradus.in joins the bandwagon of … [Read more...]

Delhi retains its position as India’s numero uno eCommerce Hub – eBay’s Census

EbayIn

India’s leading eCommerce marketplace revealed that Delhi was the largest eCommerce hub in the country, according to the eBay India Census 2011. Muralikrishnan B, Country Manager, eBay India, today unveiled the 4th edition of the annual eBay Census Guide which documents the key trends in online buying, importing, selling & exporting across Indians in the Top 20 eCommerce Hubs, 28 states and 7 Union Territories. eBay Census also revealed export trends to 189 countries as well as import … [Read more...]

Rice, aata & dals (staples) lead the show in online grocery

OnlineGrocery

The status quo of CPG/FMCG products in India has been comprehensively highlighted in recent study conducted by www.aaramshop.com, a hybrid retail platform which enables sales and marketing of national as well as regional FMCG/CPG brands. The report is termed as SOG (State of online grocery) in India and it is exclusively available with iamwire . The report focuses on and highlights specific trends around the Indian shoppers’ behaviour when they shop for groceries and daily essential online, … [Read more...]

Cashing on Cash on Delivery

CashOnDelivery

Online businesses are growing in India with fair pace and we have witnessed some promising innovations to track the consumer’s wallet. Amongst various new innovative trends, Cash on Delivery (COD) seems to be the major driver behind swelling ecommerce business prospects. Less penetration of credit cards with consumer’s unease with enabling online transactions, COD looks as a viable en route to access tier two and three cities, which believe to fuel the growth of online shopping in the … [Read more...]

“EBS has seen perfect match and synergy with Ogone” – Prabhu Ram

PrabhuRam

As eCommerce businesses in India are attracting large funds and valuation, at the same time service provider has also been able to find the best synergy for them. Earlier in a day Iamwire has reported about the acquisition of EBS by European payment service provider. In order to get more insight about the acquisition, Iamwire has interacted exclusively with Prabhu Ram, Co- founder and COO EBS. Here are the excerpts of the interaction.  How do you see the merger of EBS by Ogone payment … [Read more...]

EBS is acquired by Ogone Payment Services

EBS

EBS (E-Billing Solutions), the second largest on-line payment provider in India, has announced that Ogone Payment Services, one of Europe’s leading payment service providers, has signed a binding agreement to acquire the company. This acquisition marks Ogone’s first foray outside of the European market and into the rapidly expanding Indian on-line payments market.  However, EBS will continue to operate under its current management structure and market approach and will be responsible for … [Read more...]

Government to initiate eRevolution in Punjab & Chandigarh region

ErevolutionPunjabChandigarh

 While Indian online businesses are going great guns along with entire ecosystem, which seems to be euphoric about the growth of online industry in India, after investors and consumers now it is turn of government to join the bandwagon of eRevolution. Emphasizing on the urge of creating conducive infrastructure to thrive this industry, the two days annual event organized by Government of Punjab in association with Chandigarh governance will be kicked off from September 23. eRevolution would be … [Read more...]

“Chase the customers’ wallet and not the investors’ wallet” – Kashyap Deorah

KashyapDeorah

Online retail in India is gradually picking up the pace and it seems that it has started showing its potential by captivating investor’s eyeballs and winning consumers trust as well. However, as the market continues to grow online retail has caught up its pace, alongside modern retail in competing with unorganized retail. The big question is that, is it going to be Brick &Mortar retail or online retail, which will change the face of retailing in India. Talking on the same premise, this … [Read more...]

Watch Bollywood on YouTube & Yahoo with Unisys Infosolutions

Unisys

Digital Entertainment is growing with brisk pace in India and it is expected to thrive with the more penetration of the internet. Scope of video driven entertainment content seems to be potent with platforms like YouTube box office and yahoo. Contributing on the same lines, Unisys Infosolutions, a leading 360-degree digital provider of VAS content and enterprise messaging solutions, has announced acquisition of distribution rights for streaming of over 200 full-length movies on popular online … [Read more...]

Now, eBay India on your iPhone.

Ebay

After the launch of eBay India Mobile Web, eBay India has again landed up with its maiden mobile based captivating feature for its users – the eBay iPhone application for India. The newly launched application can be downloaded for free at iTunes App Store. This new app allows iPhone & iPod Touch users to shop, search and evaluate prices without a glitch just at a go and also to log on to their eBay account. The function also allows the customers to surf over more than 2 million products … [Read more...]

Teething troubles of logistics in Indian ecommerce landscape

RahulSethi

E commerce industry in India is growing at a phenomenal pace but are the services supporting it at the backend able to keep pace? Logistics and fulfillment form one of the key backend supports for an eCommerce set-up. Although we have seen quite a bit of improvement over the years in these services but the kind of logistic challenges which companies faced during the build-up years of e-commerce industry in India forced the new entrants to move in the direction of creating their own … [Read more...]

“Gaming companies need to learn how to make themselves more attractive to investors”- Robin Alter

RobinAlter

While ecommerce has been evangelising the burgeoning trust of consumers and investors, over the past one year, there has been a boisterous atmosphere around digital gaming industry in India. In last few months the stakeholders of digital gaming arena have been speculating that the industry would be a billion dollar industry. Harping more about the status quo and future projection, iamwire has interacted with Robin Alter, CEO & co- founder Kreeda games. Talking more about the industry, Alter … [Read more...]

Bata India’s senior executive quits to start own venture

ManojChandra

One of the most experienced and seasoned senior executive from India’s retail industry has taken the plunge in to entrepreneurship. Manoj Chandra, the erstwhile Vice President of Bata– India’s largest footwear retail company, joins the growing bandwagon of senior corporate executives leaving their plush corporate careers to venture out in the risky and volatile world of entrepreneurship. iamwire exclusively caught up with Manoj Chandra and here are the excerpts of the brief … [Read more...]

Social Media – is not all rosy- for ecommerce players

SocialMediaSites

Social networking is a communication phenomenon that has grown rapidly over the past decade. It has been proved the best medium to create a good rapport building with the customers and also to make an effective brand engagement medium around the internet. Today`s social networking landscape has given a new horizon to eCommerce and its promotion. In web 3.0 era, every second person using internet in India is hooked up to social networking sites such as Facebook, Twitter, Bloggers, Hi5 and others. … [Read more...]

“For now no plan to popularize Pumashop.in besides word of mouth..”- Rajiv Mehta

RajivMehta

Ecommerce is a way to go this is what seems to be euphoric in the online space in India. While there are lots of brands ideating to go online, however some of them have aggressively ramped up their existing set up. One of them is Pumashop.in, which has started its Indian operation with effervescent leader like Rajiv Mehta. Puma has announced its aspiration to sell 10 percent of its overall sale by 2015. In an email interview with Iamwire, Mehta shared his thoughts over online venture of Puma in … [Read more...]

“Market size of Payment Gateways in india is around 18 k crore and growing” – Priti Shah

priti shah

E commerce industry is growing in India and hence the service providers. Payment Gateway is one of the important pillar of the eCommerce set up and this time iamwire has caught up with Priti Shah, President (eCommerce), EBS, third party solution provider. Priti spoke at length on various issues  candidly. Here are the excerpts of the interview. Recently you have seen lot of exuberance in ecommerce as companies are getting large funds with high valuation. So far, what are the positive … [Read more...]