May 19, 2013

GKB Opticals goes online with gkoptical.com, combines offline store for delivery of international eyewear brands

January 31, 2012 By Leave a Comment
gkb_logo

GKB Opticals Group, an Indian Optical company has gone online with the launch of gkoptical.com, enabling consumers to buy sunglasses, eyeglasses and contact lenses online. GKBOpticals is led by Dhruv Gupta, who has previously launch successful internet ventures. Iamwire navigated through the site and below are the features of it. Gkoptical.com also claims to provide free shipping across India, warranty, & a money back policy. Key features of the site The website brings over many … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Flipkart raises $150m from Accel partners and Tiger Global at $850 million valuation

January 31, 2012 By Leave a Comment
Flipkart new logo

Securing the largest investment so far known in an Indian online space Flipkart has raised $150 million from existing investors Accel Partners and Tiger Global Management Llc, reports Live Mint. This is the fourth round of funding for Flipkart, which began operations in 2007. The company raised $31 million collectively in the previous three rounds. The company raised funds to build capabilities in logistics, technology, customer support and marketing, to scale up the business. Earlier, … [Read more...]

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

Exclusive: Amazon to launch its marketplace by mid February

January 31, 2012 By Leave a Comment
Amazon.com-logo1

Amazon may go live in as early as two weeks; this is what seems from information accessed by iamwire through multiple reliable sources. According to the sources, Amazon has been asking the sellers to ramp up their preparation as it expects an upsurge in customer traffic around its launch. The Amazon’s instructions for sellers certainly indicate that it will roll out its marketplace model by the first half of the February. One of the sources said that Amazon has also issued general guidelines … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

ShopClues debuts on web, registering a Facebook like every 90 sec

January 28, 2012 By Leave a Comment
ShopClues_beta

ShopClues.com, a managed market place led by one of the global veterans in internet space, Sandeep Aggarwal has opened its beta version for all and sundry, prior to this ShopClues has been selling through Facebook and to a close beta group . The venture had already raised $2 million in funding from unknown global investors last year, said to be serial entrepreneurs and employees of some of the finest internet companies. ShopClues’s core founding team consists of Sanjay Sethi, erstwhile, Global … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

“mygrahak.com plans to offer its full range of service across 4 metros by 2014″ – Ambuj Jhunjhunwala

January 27, 2012 By 5 Comments
Ambuj

While 2011 has been roller coaster ride for internet retailing in India as industry witnessed rise of business models across categories. Categories like apparel, high end fashion clothing/accessories and kids have successfully garnered attention along with impressions; however we have also sensed debuts and evolution of e-tailing of Grocery & FMCG products. Mygrahak.com, one of the early evangalizer of this space has been registering staggering growth and claims to be adding 250 transactions … [Read more...]

Filed Under: Ecommerce, Interviews Tagged With: ,

Freecharge.in gets Rs. 20 Cr funding from Sequoia Capital

January 25, 2012 By Leave a Comment
freecharge-logo

A business unit of Accelyst Solutions Pvt. Ltd, Freecharge.in, a site that allows consumers to recharge their mobile has secured Rs. 20 Cr funding from Sequoia Capital. Freecharge has developed a unique business model and the company has partnerships with more than 50 retailers and has attracted quite a few clones as well in bid to make online shopping popular. “About 90% of the country is on prepaid service and we are able to bring a lot of users online,” said Kunal Shah, co-founder and … [Read more...]

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

BlueStone.com raises $5 million funding from Accel Partners & Meena Ganesh

January 24, 2012 By 1 Comment

BlueStone.com, an online store that sells jewellery and accessories, has raised an initial investment of $5 million from VC firm Accel Partners including serial entrepreneur Meena Ganesh, CEO & MD of Pearson Education Services. However, the detail of the deal has not been disclosed so far. BlueStone is founded by Vidya Nataraj and Gaurav Kushwaha. Vidya comes from family that owns Landmark Ltd (a books and lifestyle pan-India retail chain later acquired by TATA Trent). On the other hand … [Read more...]

Filed Under: Money, News Tagged With: , ,

Naaptol.com features in top 3 Print advertisers of India released by ET TAM AdEx for two consecutive years

January 24, 2012 By Leave a Comment
Naaptol Logo

Naaptol Online Shopping Pvt Ltd that runs the shopping site Naaptol.com, one of the leading players of home shopping industry in India has increased its print media market share by 0.3% from last year according to ET TAM AdEx report which was released recently by The Economic Times.  Naaptol is the only company from online space in the top ten Print advertisers in the country; the list has been primarily ruled by FMCG brands. Accomplishing this feat of coming in top 3 for two years in a row, … [Read more...]

Filed Under: Internet, News Tagged With: , ,

Amazon enters India, sets up fulfillment center in Mumbai

January 23, 2012 By Leave a Comment
Amazon.com-logo1

In a bid to overcome FDI restrictions on multi-brand retail in India, world's largest Internet retailer Amazon.com Inc is setting up its first "fulfillment center" in India. The fulfillment center is based in Mumbai, the biggest city in the country, according to job listings on Amazon's India careers website. Amazon "has an immediate opening for an IT Manager in our first Fulfillment Center based out in Mumbai, India," one recent listing said. Another recent Amazon job posting sought a "Stations … [Read more...]

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

The Hatch launches start-up accelerator programme, Incubates 7 Startups

January 21, 2012 By Leave a Comment
Hatch

‘The Hatch’ incubator, which provides a combination of startup accelerator including business incubator, has launched its startup accelerator programme and has incubated 7 startups in the first batch. The Hatch has been founded by Anupama Arya, Puneet Vatsayan (co-founders of 3 Entrepreneurial Ventures in Silicon Valley and India), Prajakt Raut and P. K. Gulati in collaboration & support from Arvat Foundation and has created a mentor panel comprising of over 50 entrepreneurs, investors … [Read more...]

Filed Under: News, Startups Tagged With: ,

Indian Government announces M-governance framework for its public services

January 20, 2012 By 2 Comments
gov

India's Ministry of Communications & Information Technology Department of Information (DoIT) has announced plans for all of its departments and agencies to develop and deploy mobile applications to provide all of their public services through mobile devices, to the extent that are feasible on mobile platforms. The following are the main measures laid down by DoIT: - Web sites of all Government Departments and Agencies shall be made mobile-compliant, using the “One Web” … [Read more...]

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

Exclusive: eBay sees significant rise of women shoppers, Mobile assistance commerce set to rewrite Indian online journey

January 20, 2012 By Leave a Comment
Ebay India logo

In an Exclusive interaction with iamwire, Muralikrishnan B, Country Manager, eBay India pointed at three strong online shopping trends that eBay India has been witnessing over last few months. According to Muralikrishnan, “More women shoppers are shopping with increasing shop value at eBay across categories like Jewellery, Kitchen & Home appliances, Home, Décor & Furnishing”.  Currently some of the industry experts estimate that around 35 to 40 percent women shop over internet. … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Shailesh Rao of Google & Bansal duo of Flipkart grab the Internet Professional & Internet Entrepreneur Award at the 2nd India Digital Awards

January 19, 2012 By Leave a Comment
spot

Internet and Mobile Association of India -(IAMAI) announced the winners of the 2nd India Digital Awards coinciding with India Digital Summit, 2012. The event recorded 1072 nominations across for 33 awards for the internet and mobile value added services industry. The categories were Digital Advertising Awards, Digital Payment Awards, Website Awards, Digital Social and Economic Empowerment Awards, Mobile VAS Awards, Best Digital Start Up, Best Mobile or Internet Person of the Year. Shailesh Rao … [Read more...]

Filed Under: Internet, News Tagged With:

Exclusive: Neha Dhupia launches online retail store herstyle.in, sells Lingerie, Nightwear and Fragrances

January 19, 2012 By 2 Comments
logo

With wish for very happy prosperous New Year 2012 on the homepage Bollywood actress Neha Dhupia has launched her etail store - herStyle.in. HerStyle is an online store that offers International and national brands in lingerie, nightwear, accessories and alluring fragrances. Herstyle showcases a wide-ranging assortment of lingerie in finest fabrics, styles with vibrant colors and sizes that cater to distinct needs of women. While navigating through herstyle.in, iamwire has outlined that the … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Exclusive: Salman Khan led NGO Being Human unveils its online store beinghumanonline.com

January 18, 2012 By 1 Comment
beinghumanonline

Being Human, an NGO led by Bollywood heartthrob Salman Khan has launched its exclusive online store beinghumanonline.com. Being Human - The Salman Khan Foundation is a registered charitable trust setup by Salman Khan for helping the cause of the underprivileged. It has two focus areas education and healthcare. At present Beinghumanonline.com offers two categories T-shirts and watches (for both men & women). However, it offers only limited range of collections across the two showcased … [Read more...]

Filed Under: Internet, News Tagged With: ,

Fetise brings Cash Before Delivery (CBD), ties up with Gharpay to introduce advance payment

January 17, 2012 By Leave a Comment
collabration

Fetise.com, a premium online retail store that has raised fund of $ 5 million from seedfund, introduces payment mode "Cash Before Delivery”. Fetise has collaborated with Gharpay, a doorstep cash payment network company to introduce CBD model. According to company statement, eCommerce Companies are looking at different ways and means to improve their working capital and cash flow which has given rise to “Cash before Delivery”. Although the concept of CBD is being practiced in the industry … [Read more...]

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

Exclusive: Fetise registers 10 x growth in nine months, chooses to stay away from TV and Radio marketing

January 16, 2012 By Leave a Comment
fetise-logo

Mumbai based nine months old start-up, Fetise, one of the premier online outlets, founded by young entrepreneurs has experienced staggering 1,000 percent growth as compared to its initial debut days. Talking exclusively about fetise.com’s growth, Abhishek Shah, CEO, fetise.com said, “The growth journey has been very satisfying right from early stage, when we were receiving 50 to 60 orders consistently, however, currently we have grown to 500 to 600 real shoppers every day on Fetise. … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Ecommerce eyes mobile offerings in India, IRCTC to step in with ticket booking mobile app from Feb. 2012

January 16, 2012 By Leave a Comment
IRCTC2

The phrase information is power is set to take on a new meaning as retailers seek to capture the capricious attention of information savvy internet shoppers. As with rising growth in smartphones and tablets, online companies are shifting their focus to mobile computing. According to IT research firm Gartner Inc, worldwide mobile application store revenue is projected to surpass $15.1 billion, from both end-users buying application as well as applications themselves generating advertising … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Exclusive: Myntra making big into etail – registers 10x growth in 2011, aims to grow 5x in 2012

January 13, 2012 By Leave a Comment
myntra

Myntra, one of the leading online retailers of lifestyle products in the country has registered 10x growth in 2011 as compared to 2010 and is slated to grow 5x in 2012. Talking first time about Myntra’s plans, in an exclusive interaction with iamwire, Ashutosh Lawania, Co-founder and Head of Sales, Myntra.com said “We are seeing strong demand for footwear as a category which is driving large numbers. This is followed by the Apparels with top wear performing better than bottom … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

AllSchoolStuff.com appoints Sushma Katyar as Director Merchandising, gears to cash in $10b educational supplies market

January 11, 2012 By Leave a Comment
allschoolstuff.com launch logo

AllSchoolStuff.com has named Sushma Katyar –Director Merchandising, a move to rides on a growth path through veteran expertise when online retail is in growing phase. Sushma is a veteran of the retail industry and joins AllSchoolStuff.com from Reliance. The appointment was announced today. Announcing this appointment, Manoj Chandra, Founder & CEO, AllSchoolStuff.com said, "I am delighted to announce the appointment of Sushma. She is an outstanding professional with in-depth knowledge … [Read more...]

Filed Under: Ecommerce, News Tagged With: , ,
« Older Posts