May 19, 2013

Ambareesh Murty led ecommerce venture pepperfry.com goes live

November 30, 2011 By Leave a Comment
pepperfry2_logo

With aim to change way of buying lifestyle product first in the country and then worldwide, online shopping site Pepperfry.com, founded by former-eBay India Country Manager, Ambareesh Murty and one of his former colleagues at eBay, Ashish Shah, has gone live for shoppers. “We are still testing the website.  It is completely safe however you will currently not be able to purchase any product as we have not gone live for transactions. In the mean time you can definitely feel free to check our … [Read more...]

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Flipkart launches prepaid Wallet feature, lets users shop upto Rs. 10,000

November 30, 2011 By 1 Comment
flipkartlogo2

Taking cue from physical wallet that stores money in it and offers liberty to buy things in proportion to the amount in it, Flipkart has added a prepaid wallet feature to its e-commerce platform that allows shoppers to store money on the site and use it to purchase items, without having to reach for their credit card for each transaction.  A prepaid Wallet intends to make online payments easier and more secure for customers by sparing them the hassle of fetching their credit card or debit card … [Read more...]

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B Saikumar promoted to replace Haresh Chawla as a Group CEO of Network18

November 30, 2011 By Leave a Comment
B saikumar - Group CEO - Network18

The Network18 Group has announced the appointment of B. Saikumar  as its Group Chief Executive Officer. Haresh Chawla, outgoing Group CEO today announced that B Saikumar will succeed him as a Group CEO. Prior to this, Saikumar, was serving as COO of the group. In his new role, Saikumar (37) will be responsible for the strategic and operational management of the Network18 Group that includes news, web and publishing. IBN General News Network, CNBC TV18/Awaaz, WEB18 and Forbes and the niche … [Read more...]

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HomeShop18 won Brand Excellence Award at World Brand Congress 2011

November 29, 2011 By Leave a Comment
HomeShop18

Homeshop18, one of India’s leading ecommerce ventures has won the Brand Excellence Award in Internet Business’ category at the World Brand Congress - 2011, concluded recently in Mumbai. The coveted, Global Award for Brand Excellence is presented to Homeshop18 that has played a significant role in building its brand on the international scene. The award recognises HomeShop18’s contribution to the Indian e-commerce industry and its consistent efforts in building consumer confidence in the … [Read more...]

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FDI impacts on Indian e-commerce are still unclear: Muralikrishnan, eBay India head

November 29, 2011 By Leave a Comment
FDI Investments

Under new FDI (Foreign Direct Investment) regulations, retail giants such as Wal-Mart, Carrefour , Amazon and Tesco, long barred from selling directly to Indian consumers will be permitted to own a majority 51% stake in joint operations with a local partner. At the same time it is eagerly awaited by national players in e- commerce in India to witness an indirect impact on the e –commerce business. eBay country head for India Muralikrishnan B, who took over the reins of the eBay portfolio in … [Read more...]

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New technology for body measurement to help online apparel shopping

November 28, 2011 By Leave a Comment
body-measurement-chart

Online apparel retailers are continuously working hard and are on look out for new technology to make sure their businesses thrive without a hitch. And advent of a new technology for the body measurement in online apparel shopping segment can make them smile for some time.  According to Reuters, Asaf Moses, a co-founder of Upcload, has developed new technology to measure body dimensions. The new technology is supposed to take accurate measurements in just three minutes. Buying apparel online … [Read more...]

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Hiring figures rise in e- commerce, employment for 50% by 2012

November 28, 2011 By Leave a Comment
elixir logo

 If you want to make a career in e-commerce business there cannot be a better time. The avenues in the industry are growing at a much rapid pace creating thousands of job openings in the sector, especially at the mid and higher levels, hiring is expected to grow by 45-50 percent, according to Elixir Consulting. The report is based on predictions of Elixir Consulting. Prateek Srivastav, the recruitment process outsourcing firm’s Manager- Leader Hiring said to PTI that this trend of manpower … [Read more...]

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Increasing internet penetration will trigger e- tail‘s growth, say experts

November 28, 2011 By Leave a Comment

Growing penetration of internet including skyrocketing real estate prices, online retail will increase significantly – this is the consensus that comes out from e-tail community gathered  at IIM-A, campus -  Confluence 2011, with this year focused session on ‘Entrepreneurship in E-Retail’. With already more than 100 million Internet users, out of which 40 percent access internet via mobile (smart) phones, online retail is set to grow the fastest, reiterate e-tail community gathered at … [Read more...]

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Google registers highest mobile based searches from India

November 28, 2011 By Leave a Comment
google_india_logo

Mobile is set to drive the growth of internet in India – it has been said time and again by various organizations like IAMAI. Corroborating this belief further, Rajan Anandan, MD, Google India pointed out significant 40 percent of search queries in India are mobile handset based. Anandan revealed this while speaking in Annual Confluence of IIM – Ahmedabad. "Mobile phones are the future. More smartphones and tablets are being shipped in India than desktops and laptops. In fact, about 40 per … [Read more...]

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FDI in Retail – is it a next wave for online retailing?

November 25, 2011 By Leave a Comment
FDI and Online Retail

The genie is out. 51% FDI has been given cabinet approval in multi brand retailing that paves the entry of global retailing giants like Wal-Mart, Carrefour, Tesco and many others who have been waiting in sideline to venture in to juicy Indian market. In order to gauge FDI’s impact on online retail iamwire has put forth a status quo analysis. It will easy out investment route in online retailing, earlier the online companies tried to work their way out and get FDI investment by making … [Read more...]

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Homeshop18.com adds lingerie to its portfolio, launches online lingerie store

November 25, 2011 By Leave a Comment
HomeShop18

Joining the bandwagon of lingerie portals like ShopImagine,TrendStreet, Zivame, Mylace, N-Gal Originals, and Herstyle,  Homeshop18.com has launched its own lingerie segment. Homeshop18’s new online lingerie store will offer brands like Lovable, Bwitch, Bodycare, Groverson’s, Enamor and Neva at exclusive prices. On the launch of the online lingerie store, Sundeep Malhotra, Founder and CEO, HomeShop18 said, “We always strive to offer our dedicated customers a superior shopping experience … [Read more...]

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E-tail to dominate IIM – Ahmedabad – Confluence 2011

November 24, 2011 By Leave a Comment
e-tail

As e-tail has been sparking the trend of entrepreneurship within the veteran professionals as well as novice, now it seems that online retail has gathered the support of every quarter including elite educational space. According to a report published in Business Standard the Indian Institute of Management, Ahmedabad (IIM-A) is set to focus on the upcoming sector at its annual business summit - Confluence 2011. Scheduled to be held at IIM-A, campus, Confluence, one of the biggest business … [Read more...]

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Flipkart gears up for digital distribution rollout in 2012, buys Chakpak.com’s digital content

November 24, 2011 By Leave a Comment
chakpak flipkart

Flipkart, one of the leading online retailers in the country has bought the digital catalogue of Chakpak.com, a Bangalore based bollywood content provider that has been defunct from some time. Before the announcement of the deal, there has been speculation in the industry about it and believed to be inked some months back. The exact terms of the deal and financial details have not been disclosed. Chakpak.com, founded in 2006 was started by Gaurav Singh Kushwaha and Nitin Rajput with seed fund … [Read more...]

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Zopnow launches multi-channel store for Grocery & FMCG products

November 23, 2011 By 1 Comment
zopnow

Zopnow.com, an online retail store exclusively aims to cater grocery and FMCG need of people launched its service in Bangalore. Zopnow with punch line "Be Lazy, Buy Easy" plans to deliver grocery items at consumer’s doorstep in less than 3 hours or at a predefined time specified by the customer. However, currently zopnow’s is offering 1501 products to some selected areas of south Bangalore. Zop now is founded by serial entrepreneur B.K Birla and Mukesh Singh, erstwhile CTO, … [Read more...]

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Indian e-tailers TV ads register 228 % upsurge: TAM Media Research

November 23, 2011 By Leave a Comment
tam-media-research

Burgeoning Indian online retail industry has been splurging lots of money on mass media advertising in past six months in order to penetrate the urban consumer base including tier 2 and 3 cities. According to latest data by TAM Media Research, appetite for advertisement from online retailers have witnessed whopping rise by 228 % on television, 78 % on print and unbeatable 797 % on radio.  Online retailers such as flipkart.com, yebhi.com, myntra.com and bestylish.com have been allocating fat … [Read more...]

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mydala.com launches deal directory deal hunter, offers 12660 deals

November 23, 2011 By Leave a Comment
mydala

Adding a new dimension to online deal, Deal Hunter,  launched by group buying portal mydala.com has announced online discount deals on various brands even in their neighborhood stores. The online discount deal will offer services in Delhi, Mumbai, Bangalore and Pune, and will be rolled out in other cities gradually. The company statement said "You need not worry anymore about missing any sale going on in the city. Mydala.com has now introduced India's first and largest deal directory, Mydala … [Read more...]

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IRCTC face of e-ticket in India

November 22, 2011 By 5 Comments
IRCTC

Launched in 2002, Indian Railway C­­­atering and Tourism Corporation (IRCTC) www.irctc.co.in had booked merely 27 tickets on the first day o­­­f its commencement of e- ticketing service in the country. Now after 9 years of sparkling journey, it has emerged as a largest in the country with more than 4 lakhs booking per day in terms of online ticketing, leaving behind several high-profile e-commerce sites worldwide. IRCTC website comprises 45% of all visitors to travel websites in India and … [Read more...]

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Fuel flexibility for cost-effective future of your CRM

November 21, 2011 By Leave a Comment
CRM-Featured

Mapping customer’s purchasing behavior has been one of the toughest moments for marketers, strategist & policy makers around the globe. At the same time it is daunting task, apart from mapping volatile buying behavioral patterns, what ecommerce players including online retailers in India should focus to get maximum traction and return rate of consumers. Formula to achieve the both is very lucid – get flexible cum effective CRM (Customer Relationship Management)  to solve today's … [Read more...]

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Nimbuzz ventures in to ecommerce via Ncarry.com, sells mobile phones

November 21, 2011 By Leave a Comment
nimbuzz-n

Mobile instant messaging and VoIP service provider Nimbuzz has started its e-commerce website, Ncarry.com, to sell mobile handsets. Through this new site, Ncarry.com will also take pre-orders and sell the iPhone 4S for mobile operator Aircel. Ncarry is jointly owned by Naspers & MIH. According to company website Ncarry offers handsets including all popular brands such as Apple, Blackberry, Nokia, HTC, Samsung, Micromax, and Spice, Sony Ericsson and Motorola. It claims to facilitate free … [Read more...]

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Aakash tablet gets 3 lakh pre-booking orders, commercial version to hit market by November end

November 18, 2011 By 1 Comment
akash

 The world's cheapest tablet, Aakash, has received about 3 lakh pre-launch bookings for its commercial version that goes on sale from November end.  A subsidised model of this tablet, made by UK-based Datawind, has already being distributed free in schools and colleges. Aakash's retail bookings exceed India's estimated 250,000 tablet PC market, dominated by Apple, Samsung and Reliance. The company expects to have a customer base of nearly 1 lakh customers per month for the commercial variant … [Read more...]

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