May 18, 2013

SunTec India launches end-to-end ecommerce solutions website

December 30, 2011 By 3 Comments
suntec

The rapid growth of eCommerce industry in India has created a vast array of opportunities for solution providers. To cash in the opportunity, SunTec India has launched www.suntecindia.net that provides unique turnkey end-to-end ecommerce solutions to existing as well as upcoming e commerce stores. Speaking exclusively to iamwire on the launch Suntec India, VP (Business Developement), Ravi Kant said , "We are planning a dynamic growth for our eCommerce division. We aim to widen our solutions … [Read more...]

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Global fashion brand Loops n Knots to launch online store in Feb 2012 for Indian market

December 29, 2011 By 4 Comments
LOOPSKNOT LOGO

Fashion and lifestyle brand, Loops and Knots, is all set to make its presence in burgeoning Indian e-tail market. The brand plans to launch its e-commerce business on February 15, 2012. Spring collection of apparels and accessories will be available on the upcoming website including formals, yoga wear, sportswear, night wear, swimsuits, lingerie, and accessories. The targeted segment would be between the age group of 15 to 40 years of females. Loops and Knots already has presence in the US, the … [Read more...]

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Exclusive: Vogue Magnet shuts down, attributes price-war and market condition for debacle

December 28, 2011 By Leave a Comment
Vogu Magnet logo

In yet another ecommerce debacle, Vogue Magnet, one of the luxury and exclusive sales websites selling latest fashion and lifestyle products in the country has decided to cease its ecommerce operations with immediate effect. According to the Vogue Magnet message posted on its website “the current ecommerce market conditions have many ecommerce players selling products at below cost price to lure users. The only way to sustain the business at this time is to get into a price war and burn a lot … [Read more...]

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Flipkart aims 10x growth, eyes $1 billion sales by 2015

December 28, 2011 By 1 Comment
Flipkart new logo

In an exclusive interview with Business Standard, Flipkart, one of the leading online retailers in the country looking  to achieve revenue of  Rs500 crore in current financial year and at the same time hopes to touch the mark of $1 billion (Rs 5,000 crore) in the next two to three years, much ahead of the company’s 2015 target. “In terms of revenue, we are looking at Rs 500 crore to Rs 600 crore in the current financial year,” said Sachin Bansal, Filpkart co-founder and chief executive … [Read more...]

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Homeshop18.com alliances with Microsoft to strengthen consumers interface

December 27, 2011 By 1 Comment
HomeShop18.com_Logo

Following the likes for the introduction of unique technology and trend by shoppers in recent times, Homeshop18.com has collaborated with Microsoft to bring its best selling offers closer to its consumers through new technology. Besides, all customers who upgrade to Internet Explorer 9 and pin HomeShop18.com to their IE9 browser will get a free gift voucher and easy access to their favourite shopping portal from their desktop taskbar. Commenting on the association, Sundeep Malhotra, Founder and … [Read more...]

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Indian Handicraft website www.theindiacrafthouse.com launched with endorsement from Dastkari Haat Samiti

December 27, 2011 By Leave a Comment
theindiacrafthouse

For years, the Indian art and crafts have made India a famous tourist destination. And for those who are interested in the myriad art and craft entertainment culture of India online, there is a new entry into the market. www.theindiacrafthouse.com, an Indian handicraft site has been launched with endorsement from Dastkari Haat Samiti. The Dastkari Haat Samiti is a non-profit association registered under the societies Registration Act, 1860. It was founded in 1985 in New Delhi, India. Commenting … [Read more...]

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Shopclues.com led by Sandeep Agarwal launches its beta version, hopes to ride high on social media

December 27, 2011 By 1 Comment
ShopClues_Logo_Hi_Res.png,,

Shopclues.com, a horizontal ecommerce site led by one of the global veterans in internet space, Sandeep Agarwal has launched its beta version. The venture had already raised $2 million in funding from unknown global investors, said to be serial entrepreneurs and employees of some finest internet companies. Shopclues’s core founding team consists of Sanjay Sethi, erstwhile, Global Product Head for Shipping & Logistics, and Payments & Billing at eBay and Mrinal Chatterjee, former VP, … [Read more...]

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After Delhi, Infibeam stretches its logistic to Mumbai and Banglore

December 26, 2011 By 1 Comment
infibeam logo

Infibeam.com, one of the leading ecommerce players in the country expands its in-house last mile logistics capabilities to cover Bangalore and Mumbai. After having started its in-house logistics services in Delhi, Gurgaon and Noida, the company announced rapid scaling plans while continuing to deliver shipments using high quality delivery agents; both in-house and third party. The expansion has been planned to provide enhanced customer experience looking at the density of demand originating … [Read more...]

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MedPlus launches medplusbeauty.com, offers virtual cosmetic studio

December 23, 2011 By Leave a Comment
medplus

With net shopping gaining grounds in India, product sales are moving online in a huge way. Online stores for different categories are coming up, from books to eatables to collectibles.  Joining the league of e-commerce venture, MedPlus, the pharmacy chain with over 1000 outlets has launched a new online beauty store medplusbeauty.com. The concept is framed to provide convenience, excitement and value for money for online consumers. Speaking at the launch, Madhukar Gangadi, Founder and CEO, … [Read more...]

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3 of 5 Indian Internet users shopping online, Coupons and Apparels lead e-tail growth charts

December 23, 2011 By 2 Comments
ComScore

In spite of the growing shopping mall culture in the country, more and more net savvy Indians are now shifting towards online shopping. And if comScore report is to be believed then there is exceptional rise in the numbers of online retail visitors in India this year. Latest comScore data figures that nearly 60 per cent of online users in India visited a retail site in November 2011 and the number of online shoppers increasing 18 per cent in the last year. Coupons, consumer electronics and … [Read more...]

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LinkdIn India passes 13.3 million mark in three years

December 22, 2011 By Leave a Comment
lINKEDiN

With growing number of working professionals adding everyday into professional networking site, LinkedIn India has achieved new milestone in its user mark. According to the data available with company till November 4, 2011, there were about 13.3 million registered users of LinkedIn in India of a total workforce of 80 million professionals in the country. Ever since its roll out in India in 2009 with initial user base of 3.4 million, it has believed to be one of the largest markets for LinkedIn … [Read more...]

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Getit launches getitmalls.com, an online interface for offline malls across India

December 22, 2011 By 5 Comments
getItMallslogo

After local search, free classifieds and hot deals, Get It launches GetitMalls, an online interface to the virtual malls across the country. Primarily Getitmalls.com serves the Mall-mongers to locate malls and its offering in metros including tier 2 and 3 cities. It aggregates information about malls, its retailers and ongoing promotional schemes including list of amenities in specific mall, listings under particular store. The website looks simple yet effective for a shopper to locate malls, … [Read more...]

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Google+ brand’s pages on search results; 77% of the top 100 brands now have Google +1 app

December 22, 2011 By Leave a Comment
google plus

On November 7 Google unveiled its Google+ Pages; offering brands the ability to manage their social media presence in the Google+ network. After it’s much awaited nod for creating Google + pages for business, brands moved fast to create Google+ Pages. The past month experienced continued adoption of Google+ pages by the top 100 brands. It has witnessed a major increase in followers of Google+ pages for these brands, which Google refers to as “in circles”, emphasizing their circles … [Read more...]

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Fetise.com raises $5 mn from SeedFund

December 21, 2011 By Leave a Comment
fetise.com

Online men’s apparel retail start-up Fetise Retail Pvt Ltd, which runs the site Fetise.com, is raising $5 million from Seedfund by selling an undisclosed minority stake to the early-stage investor. Fetise has positioned itself as an online designer outlet dedicated to men. March 2011 start up by Chetan Bafna, Abhishek Shah, Somya Tambi and Subir Ghosh, college-mates who met at the ICFAI Business School in Gurgaon. In nine months, the start-up is clocking over 500 transactions per day at a … [Read more...]

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After CPG/FMCG products now buy fruits & vegetables online

December 20, 2011 By 1 Comment
foodmandi.com

Days are the gone when grocery and vegetables can only be bought through offline stores; nowadays Indian online retailing has been witnessing rise and acceptance of business models based on facilitating the consumer’s basic needs such as CPG/FMCG goods including vegetables and fruits. In order to evangelize the same segment, foodmandi.com a new venture has rolled out its operation in Gurgaon earlier this month. Elaborating the thought behind foodmandi.com’s maiden roll out in Gurgaon, Anita … [Read more...]

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New entrant in online home and decor space heavenandhome.com goes live

December 19, 2011 By Leave a Comment
homesandheaven.com

Germany based Westwing Home & Living, a part of the international network of Rocket Internet GmbH has launched its Indian online version e-commerce site heavenandhome.com. Co-founded by young entrepreneurs Tushar Ahluwalia, Nishrit Shrivastva, Sunnyraj Agarwal and Tara Kaushal, Heaven & Home is positioned as a niche online interiors portal that showcases its products along with an online magazine dealing in the same segment. Rocket Internet GmbH is one of Europe’s biggest Venture … [Read more...]

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Sequoia Capital puts in $4Mn in recently launched Freecultr

December 16, 2011 By Leave a Comment
freecultr1-300x222

A new e-commerce start-up, Freecultr’s bid for developing a strong in house design team and a flawless e-commerce platform has got investment of $4Mn from Sequoia Capital. Freecultr is cofounded by Sujal Shah (former VP & Head of Fashion, India at IMG) along with Harish Bahl (Founder & Group CEO of The Smile Group), Sandeep Singh and Rajesh Narkar. Speaking about the investment, Sujal Shah, CEO & co-founder of Freecultr, said to VC Circle, “We are integrating e-commerce and … [Read more...]

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Komli Media ventures in to real time bidding ad space with Atom

December 15, 2011 By Leave a Comment
komli

Komli Media, one of the leading digital media network platform enabling advertisers has launched Real Time Bidding (RTB) enabled performance Ad platform – Atom. Official Press release of the company states that it is a disruptive technology that allows media buyers to evaluate, bid on and purchase online ad inventory on an impression by impression basis, reaching precise audience at scale and marketers across the Asia Pacific region to communicate with their audiences and helping publishers to … [Read more...]

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Nokia money launches prepaid mobile wallet

December 15, 2011 By Leave a Comment
nokia money

Nokia launches Nokia Money for Indian market. It provides people a secure wallet for their money that can be used to make payments sans the necessity of having a bank account. The official press release says that across rural India, there has been a great need for such service. At present, only 10 per cent of India’s 600,000+ villages currently have access to a bank, leading to considerable insecurity and inconvenience. There are considerably more Nokia dealers than there are bankers in the … [Read more...]

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Start-up accelerator India Internet Group ventures in India, aims to entice Indians in US to participate in Indian burgeoning start-up ecosystem

December 15, 2011 By 2 Comments
India Internet Group

The India Internet Group (IIG), an India centric startup accelerator that invests in early stage digital start-ups has launched today. The firm's founding partners and advisors bring vast experience in entrepreneurship, investing and management in the mobile/internet space in India and the U.S. The size of IIG fund is $2.5 million and with an average investment size of $50,000 to $250,000. Apart from providing funds, it would also provide resources to start-ups such as office space and legal … [Read more...]

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