May 19, 2013

Is it Time to Make your Business “Pinteresting”?

March 31, 2012 By Leave a Comment
pinterest

Those who are fond of social media sites must have already heard of the new kid on the block that is generating a lot of interest, or shall I say “Pinterest”, with its unusual and somewhat refreshing approach to networking. Tapping into most people’s childhood desire of collecting odds and ends and pasting them into a scrapbook, this virtual pin board is all set to become a darling of the masses. Although Pinterest isn’t as popular as Twitter or Facebook (yet), the world of ecommerce … [Read more...]

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

How Facebook timeline could transform your brand page

March 28, 2012 By Leave a Comment
Timeline

If you have a Facebook page for your business, chances are that you have already felt the buzz surrounding the latest Facebook display program – Timeline. On February 29, Facebook made the much awaited announcement that the Timeline feature was ready to go live for brand pages. It also announced that brands would have till March 30 to prepare themselves for the transition and make the switch voluntarily, after which all brand pages would automatically be converted to the Timeline program. This … [Read more...]

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Indian SMEs taking the leap in the e-commerce space

March 28, 2012 By 2 Comments
Nayan-Thakkar

The growing Internet base in the country, with more than 121 million Internet users is highly encouraging. This trend has a direct correlation in the growth of e-commerce in the country. India’s Internet economy has been growing at 23% Y-O-Y as per the recent report by BCG.As small businesses around the world are increasingly leveraging e-commerce, Indian SMEs too are diving into exploit opportunities available through the Internet. We are witnessing a new trend withmany entrepreneurs … [Read more...]

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Tech start-up RainingClouds Technologies raises Rs.1crore from One97 Communications

March 27, 2012 By Leave a Comment

RainingClouds Technologies Pvt Ltd, a tech start-up has raised a seed funding of Rs 1 crore ($0.2 million) from One97 Communications, which has acquired 26 per cent stake in the company. As part of the deal, Vijay Shekhar Sharma, founder of One97 Communications will join the board of the company which already has Alok Kejriwal of Games2Win as an advisor. Speaking about the funding and the company’s future plans, Aniket Awati, one of the co-founders of RainingClouds said, “We are yet to … [Read more...]

Filed Under: Money, News Tagged With: ,

Shopclues registers 22x growth since launch, claims 60% orders from tier 2 cities and < 2% COD returns

March 26, 2012 By Leave a Comment
shopclues logo.png2

ShopClues.com, India’s first managed marketplace has witnessed rapid growth,registering 22X growth in traffic and revenue since its web debut. The company sold items through Facebook for 2 months before making its web debut on January 26th this year. Talking about ShopClues strategy of selling via Facebook before going live on web, SandeepAggarwal, Founder & CEO, ShopClues.com said “Social networks are a great medium to have an engaged audience which further fuels trust, friendship … [Read more...]

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Excluzen.com sees opportunity in uber lifestyle segment, aims to tap Indian and Foreign HNIs

March 22, 2012 By Leave a Comment
Excluzen

Delhi based Excluzen.com, a premium lifestyle goods and services company has launched its beta version in January 2012. The company aims to target the high-end consumers in India and offers exclusive, tailor-made as well as personalized experiences to its members. The company provides services such as personalized charters and yachts, golf and spa sessions etc. The venture is founded by Urvashi Bahuguna Sahay, who has over 12 years experience in Global Sales, Marketing & Strategic … [Read more...]

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Rising demand in e-grocery; Familykart.com experiences rapid growth

March 21, 2012 By Leave a Comment
logo

With the growth of online retail in India, e-tailing of Grocery & FMCG products has also risen. Familykart.com, a Delhi based online grocery retailer has experienced rapid growth and claims to add 30000 unique visitors every month. Familykart offers daily essentials such as cereals, rice, flour, lentils, etc. as well as household utilities and beverages. According to Vaibhav Goel, CEO, familykart.com “Familykart was conceived with one simple objective in mind: to offer busy people a … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

“Customer service starts with the premise that the customer is always right” – Nagarjun Shrivastava, Co Founder, ladyblush.com

March 21, 2012 By 3 Comments
Arjun

Consumer’s satisfaction is one of the most important aspects of any retail business and it is critical for online retail in India as the industry is in a nascent stage and consumers lack trust in this medium. In e-tailing, companies need to shift from great customer service to a great customer experience that encompasses the entire transaction, starting from the customer browsing the website till the time he/she receives the final product.Customer service in this case, is not just one … [Read more...]

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Online Gourmet food store ‘imperialstore.in’ launched

March 19, 2012 By 1 Comment
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Retailing of Grocery and FMCG items in online space is on the rise with the launch of various sites dedicated to Grocery and FMCG products. The most recent one to join the group is imperialstore.in, an online retailer for gourmet foods in India. “Imperial Store was conceptualized when we (a group of friends) were searching for international specialty gourmet food and each one of us liked different specialties. Two of us liked Italian, another Chinese, another Thai and one Mexican. We were … [Read more...]

Filed Under: Ecommerce, News

“Under-capitalization is one of the major reasons why start-ups fail”, Karan Mohla,Senior Associate Investment Professional, IDG Venture

March 19, 2012 By Leave a Comment
karan

The interest of venture capitalfirms in e-commerce start-ups continues to be high with investors backing start-ups with potential. Bangalore-based IDG Ventures India is a US$ 150 Million early venture capital fund investing in technology-related companies.Recently IDG venture led a $14m Series B investment into Firstcry.com and were a co-investor in the Series A investment into Zivame.com. To get a candid view on IDG future plans and potential investment opportunities in ecommerce, iamwire … [Read more...]

Filed Under: Interviews, Money, Startups

Goods and Services Tax for ecommerce in India by August 2012

March 17, 2012 By Leave a Comment

In Union Budget 2012-13, Finance Minister Pranab Mukherjee in his speech has made the announcement to put in place Goods and Services Tax (GST) by August 2012. The ecommerce players have been in discussion with the government for a long time, to bring about a change in taxation policy through the incorporation of Common Goods and Service Tax. The industry expects prices of products sold online to come down with the implementation of the Goods and Services Tax (GST). "We welcome the … [Read more...]

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Skillkindle an online marketplace raises angel funding from i3 consulting

March 15, 2012 By Leave a Comment
skill

SkillKindle, an online marketplace for students and teachers has raised angel funding from i3 Consulting. SkillKindle was started in 2011 by Tanuj Choudhry, formerly at Winning Edge Education and a consultant at McKinsey. The team of skillkindle includes Saumya Singha Roy, Veer Bahadur Singh Narula, Archana Sinha, and Ranita Uppal. The site primarily offers workshops by experts. It helps students find a class to buy online, or get contact details of a training firm that offers the skill. It … [Read more...]

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“We are India’s largest horizontal classifieds company with well over 2 crore monthly users across 65 cities” – Pranay Chulet, CEO, Quikr.com

March 15, 2012 By Leave a Comment
Pranay Photo 1

Online classified market has been experiencing significant growth from past few years and slated to grow faster over coming years primarily due to increasing internet penetration, simplicity in usage and being a better suited platform for a larger set of consumers across the country. In the early years of online classifieds, verticals such as jobs and matrimonials helped the transition of consumers from newspapers to online. However, now consumers are moving to horizontal classified platforms … [Read more...]

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Zivame raises funding from IDG Ventures and Indo US Partners

March 15, 2012 By Leave a Comment
zivame

Zivame, an online lingerie store has raised an undisclosed amount in its Series A funding from IDG Ventures and Indo-US Venture Partners. According to its CEO, the company intends to use the funds to increase its product catalog, improve customer experience, scale-upoperations and technology, and create additional consumer touch points. Richa Kar, co-founder and CEO, Zivame said, “The funds will be utilized towards providing better customer experience and making more brands and products … [Read more...]

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“Lack of clear regulatory or taxation frameworks for e-commerce players is a challenge for future online retailing”, Harneet Singh, Founder and Head, Carkhana.com

March 14, 2012 By Leave a Comment
HS

While Indian ecommerce industry has been catching the attention of entrepreneurs across different sectors ranging from banking, retail, education, insurance and financial services, automobile sector is not left behind and being targeted by many companies, one of the recent ones being - Carkhana.com.  As a fast-growing start-up, Carkhana.com attempts to remove the inefficiency that exists in traditional sales and distribution network of the automotive after-market and components industry of … [Read more...]

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Bangalore based company in Home Ladders and Convenience Products, Bathla Aluminium launches online store bathladirect.com

March 13, 2012 By Leave a Comment
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Bathla Aluminium, a company in its business segment home ladders and convenience products, has launched bathladirect.com, an online store to enhance levels of penetration to Tier II/ Tier III towns. Speaking on the launch of bathladirect.com, Rohit Bathla, CEO said ‘We are a trusted, customer centric brand with over 40 years of experience in product design and manufacturing.  Bathla products are known for their safety, convenience, quality and reliability. We are leaders in the Home … [Read more...]

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Exclusive: New entry in women’s fashion wear, Donebynone.com goes live

March 13, 2012 By Leave a Comment
donebynone_logo

Donebynone.com, a women centric fashion e-tail store led by, one of the global veterans in international trade and space, Vijay Mishra former Director Brands at TCNS Clothing Company, has launched its beta version. Donebynone’s core founding team consists of Amarinder Dhaliwal, erstwhile Vice President - eCommerce at Times Internet Limited and Vijesh Sharma, former Founding Member - ZigWheels.com at Times Internet Limited. Currently, Donebynone.com is in its beta version and opens for … [Read more...]

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Indian eCommerce …the game has just begun!!

March 13, 2012 By 9 Comments
suneet

As I write this article there are probably some more eCommerce portals that are on the verge of going live. And someone who has been part of this industry for a decade feels good about the fact that we are on the verge of getting out of the shell albeit we seem to be getting into the woods. The current meltdown should not be taken too negatively as it is inevitable in any business and eCommerce is no different.  Despite the challenges and not so friendly ecosystem with slow growth of internet … [Read more...]

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Indian Angel Network invests in StayZilla.com

March 12, 2012 By Leave a Comment
Stayzilla

Indian Angel Network (IAN) has made an investment in Chennai-based online booking firm StayZilla.com that offers value-stays in any district through an inventory of 3751 hotels in 600 towns in India. To get further information on the investment, iamwire contacted Indian Angel Network, which confirmed the investment but denied to reveal the amount. StayZilla.com was founded by Yogendra Vasupal, who had earlier launched Inasra in 2005 and later, rebranded the service to StayZilla in 2010. … [Read more...]

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“So much goes into building a brand for long term viability with quality versus developing an aggregator or a deep discount shop”- Sandeep Singh, Co-founder & Coo,Freecultr.com

March 12, 2012 By Leave a Comment
sandeep-singh

Amongst all the categories in Indian etail space, apparel seems to be gathering considerable steam at both business as well as consumers’ end. In 2011, the industry had witnessed debuts of various online stores across this category. Freecultr.com, an online store for premium smart casual wearsalso had made its debut last year and since then freecultr has been registering 3-digit growth month-on-month in terms of sales and revenue. In order to know more about the Freecultr journey so far, … [Read more...]

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