May 24, 2013

“No plans to reach customers through the TV immediately” – Vijay Jumani – Founder & CEO hoopos.com

October 31, 2011 By Leave a Comment
Hoopos

Earlier in day, iamwire has reported about Bangalore-based hoopos.com raised an undisclosed amount of fund from Helion Advisers. Hoopos.com has started its operations  this year, offers a wide array of products across 12 categories. Talking more about the funding and venture iamwire.com caught up with Vijay Jumani, Co- Founder & CEO, hoopos.com. Jumani reiterated that fund would be utilized for ramping up the team, upgrading technology and developing fulfillment. Here are the excerpts of … [Read more...]

Filed Under: Ecommerce, Interviews, Marketing, News Tagged With: , , ,

Mobile phones turning multi-tasking devices: ASSOCHAM

October 31, 2011 By 1 Comment
AssochamLogo

While ecommerce ecosystem in India has been going great in the light of exuberance from the investors and consumers, at the same time fast penetration of mobile phones including smart phones can trigger the growth of mCommerce in the country. Gone are the days when mobile phones were merely used for voice communication, it is becoming multi-tasking devices as the number of wireless subscribers in the country totals 89.2 crore, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) … [Read more...]

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IDG Ventures, Helion pump $ 8-10 million in e-commerce start-ups

October 31, 2011 By 1 Comment
Helion

The unprecedented faith of venture capital continues for ecommerce start- ups in India. With Naaptol and letsbuy.com raised funds to have better foothold in burgeoning ecommerce ecosystem, according to a report published in newspaper, VC firms invested $8 million to $10 million in two such start-ups last week. According to the report, , Bangalore-based IDG Ventures India invested $4 million in Valyoo Technologies Pvt. Ltd, which runs e-commerce businesses for eyewear (lenskart.com), watches … [Read more...]

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Carlyle, General Atlantic in talks to invest in Flipkart

October 25, 2011 By Leave a Comment
flipkart

Private equity firm Carlyle and General Atlantic are willing to invest around $ 150 million to $ 200 million in one of the India’s biggest online retailer, Flipkart, according to a report by Reuters. Earlier this year, Flipkart had raised $31 million - funding from U.S. venture capital firms Tiger Global Management and Accel Partners. In this year so far, Indian online business have witnessed overwhelming excitement and faith of investors as there has been a belief within investors and … [Read more...]

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“India is going to have .bharat domain name” -Govind, COO NIXI

October 24, 2011 By Leave a Comment
NixiLogo

Internet based business in India is all time high in the light of recent exuberance in the entire ecosystem. There are several efforts that are being made by organization like NIXI and ASSOCHAM to encourage the business over internet. NIXI (National Internet Exchange of India) primarily incepted to care of peering of ISPs among themselves for the purpose of routing the domestic traffic within the country. Apart from it, NIXI has been making efforts to spread the penetration of internet, … [Read more...]

Filed Under: Internet, Interviews Tagged With: , ,

Angel Prime launching business incubation for digital start ups

October 22, 2011 By Leave a Comment
AngelPrime

In yet a good news for the digital start ups and entrpreneurs in India, Angel Prime, a business incubator led by seasoned serial entrepreneurs is set to launch and spark the concept of business incubator in India. Angel Prime, initiated by the three veteran serial entrepreneurs, Shripati Acharya, Bala Parthasarathy and Sanjay Swamy, the focus of the company is to guide new entrepreneurs to start a business and train them to be successful in the industry. The three main sectors where Angle Prime … [Read more...]

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Online shopping likely to touch over Rs 5,000 cr. during Diwali: ASSOCHAM

October 22, 2011 By Leave a Comment
AssochamLogo

Online demand during the upcoming festive season for products like mobile phones, e-tablets, consumer electronics, home appliances, home decor, furnishings, apparel and ornaments have been likely to witness increase of 300 per cent from last year to over Rs 5,000 crore as nearly 1.25 crore consumers are expected to place orders over internet, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM). The figure has gone up by over 100% which was around 250% to Rs 2,000 … [Read more...]

Filed Under: Ecommerce, News Tagged With: , , ,

Category watch : Apparels

October 21, 2011 By Leave a Comment
CategoryWatch-Apparel

Ecommerce in India has been catching up fast for various positive reasons including unprecedented faith of investors and consumers as well. With books, electronic, computer peripherals and mobile phones seem to be the leading categories, however, from quite some time we have experienced rise of categories like apparel very fast. Interestingly, look and feel factor in merchandises such as apparels is very high, but still it is catching up which signifies that look and feel factor has gradually … [Read more...]

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eBay India & Nokia associate to introduce a shopping app for Nokia Handsets

October 20, 2011 By Leave a Comment
EbayIndia

Ebay India seems that it has been evangelizing the mobile space aggressively, after successfully launch of ebay application for iphone and android, today eBay India announced eBay India Nokia App to let shoppers access the website on the go. Shoppers can now browse for exciting deals, compare prices and shop for their favourite products directly through their mobile phones. This app showcases products in popular categories like cameras, mobile phones, computers, electronics, apparels, watches … [Read more...]

Filed Under: Mobile, News Tagged With: , ,

Yahoo announces Yahoo! India Big Idea Chair Award 2011

October 19, 2011 By Leave a Comment
YahooBigIdeaChairAward

In order to recognize creative excellence in digital advertising, Yahoo ! India today announced Ogilvyone Worldwide as a winner Yahoo Big Idea Chair Award 2011. This is the Second edition of venerated award that concluded in Leela Kempenski, Gurgaon. Contract Advertising, Maxus India is amongst others to click the chord of creativity with their striking initiatives within Indian Digital Marketing landscape.Originally conceptualized to felicitate creativity in the United States, the Big Idea … [Read more...]

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“Total transparency & superior customer service is our area of focus” – Vijayanand Shekokar, Founder & Director, dealite.in

October 17, 2011 By 2 Comments
VijayanandShekokar

E commerce industry has been witnessing the trend of senior professionals deserting their plush professional career and taking the route of e-entrepreneurship. Dealite.in, a disruptive social commerce start-up based in Mumbai, founded by Vijayanand Shekokar,  ex eBay, ex PayPal (senior executive at both), is one of the initiatives led by such professionals. Dealite.in offers exclusive quick-format online auctions for new & latest branded products, and also brings deals and discounts to … [Read more...]

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eBay India reveals the eBay Battle of Gadgets 2011

October 14, 2011 By Leave a Comment
EbayIndia

After announcing top eCommerce hubs by eBay census this year, today eBay India has announced the result of eBay India - Battle of Gadgets 2011, Gadgets2011which ranks India’s most popular gadget purchases online over a 12 month period based on an analysis of all eBay transactions in the electronics category. The research report showcases (shown in the table below) interesting trends of India’s Top Gadget Cities, Models & Brands across 7 popular gadget categories of Laptops, Cameras, … [Read more...]

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RBI increases transaction limit for PayPal merchants from $ 500 to $ 3000

October 14, 2011 By Leave a Comment
PayPal-Logo

In a pathbreaking development for merchants exporting their products through  PayPal has been notified by the Reserve Bank of India (RBI) to increase in transaction limit with immediate effect . After this decision of RBI, PayPal merchants in India can receive export-related payments for goods and services into their PayPal account up to USD 3000 per transaction (raised from USD 500 per transaction). This is a huge step forward for PayPal and for Indian SMEs who can grow their export business … [Read more...]

Filed Under: Internet, News Tagged With: , , ,

Attracting Seed Fund ‘not’ a hard nut to Crack

October 13, 2011 By Leave a Comment
AttractingSeedfund

Ecommerce industry in India has seen the spate in overall investment from quite some time. We have experienced some of the large funds given to the players who have set their foot and surmounted the initial inflection point. However, managing funds to start an ecommerce business is still a tough nut to crack. But if we look at culture of seed fund in India, certainly it has gathered the momentum in the backdrop of overall exuberant funding landscape in the country. Newer models of seed stage … [Read more...]

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Flipkart acquires digital media enterprise, MIME360

October 12, 2011 By Leave a Comment
FlipkartMIME360

One of the India’s leading e-commerce retailer, Flipkart.com today announced its acquisition of digital media distribution firm, MIME360 (Manoramic International Media Exchange). With this acquisition, Flipkart will be able to utilise the advanced infrastructure of MIME360 for providing access to a large selection of downloadable digital content which it will soon introduce. Speaking about the acquisition, Binny Bansal, COO & Co-founder, Flipkart.com said, “We are happy to bring on … [Read more...]

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Social media opportunities in B2B ecommerce space

October 12, 2011 By Leave a Comment
B2BeCommerceSpace

Social media has revolutionary impact on dissemination of information and seamless communication between individuals around the globe. However, the social media phenomenon also crept vividly in businesses – be it B2C, C2B and B2B. In our previous article we have written about social media in B2C space in India, meanwhile, in this article we are putting forth the landscape of social media in B2B landscape. Unlike B2C, Facebook is not relevant on social front in B2B. LinkedIn, Twitter, … [Read more...]

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“TV enables us to reach and expand customers in tier 2 and tier 3 cities” – Ravi Vora – VP, Marketing, Flipkart

October 10, 2011 By 1 Comment
RaviVora

Gone are the days that online companies in India leverage only online medium to penetrate their reach to the masses. Ecommerce companies have been treading the path of online marketing from so many years; however in recent exuberant ecosystem ecommerce companies have switched to potent and expensive offline advertising strategy such as television. In fact, we have highlighted the trend of online companies joining the league of TV commercial in an article on iamwire - Online Companies with … [Read more...]

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Online Companies with Offline Advertising – Broadcasting Credibility to ‘wider’ market

October 10, 2011 By 3 Comments
OnlineCompaniesOfflineAdvertising

Ecommerce businesses have been attracting large chunk of funds in India from quite some time. As we have witnessed slew of fund raised by some of the companies and it could be understood and felt by looking at their marketing mix. Now a day’s one can see Yebhi, Flipkart, OLX and Quikr on television frequently. TV commercials of these companies are part of their branding mix as it offer 360 degree visibility, proper penetration in tier 2 & tier 3 cities and help them to become credulous to … [Read more...]

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Nasper launched PayU – Payment Gateway for Indian market

October 7, 2011 By 2 Comments
PayuIndia

Ecommerce industry has really been going great @ every passing day in India. Consequently service supporting entire eCommerce phenomenon is also being evangelized by foreign as well as domestic players. On payment gateways front, after Ogone acquisition of EBS, Nasper, the South African multinational media company that co-owns ibibo with Chinese tech company Tencent (China’s most used Internet service portal) has launched its payment gateway ‘PayU’ in the growing Indian eCommerce industry. … [Read more...]

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eBay India launches shopping app for Android Handsets

October 5, 2011 By 1 Comment
EbayShoppingApp4AndroidHandset

After launching iPhone application, eBay India has launched an interactive shopping app for Android based smart phones which will enable customers to access the website on the move. The eBay Android application offers users rich and interactive features to browse through the website - shop and compare prices. Through this application shoppers can look for the products they wish to buy through the ‘Search’& ‘Browse categories’. By clicking on the desired product, users can also read … [Read more...]

Filed Under: Mobile, News Tagged With: , ,
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