The Internet and Mobile Association of India (IAMAI) has released industry data based on absolute numbers collected from various companies.
Wego, an Asia-Pacific specific travel meta-search site has officially launched its India operations with the site, www.wego.co.in. The site enables Indians traveling both domestically and overseas to compare the price and availability of flights and hotels across hundreds of different travel sites simultaneously.
Letsbuy.Com, a multi-category etailer, has been closed, with the traffic being redirected to specific category pages on Flipkart.
Led by UK based Indian Professional Suraj Sharma as CEO and Aashish Puri as Co-Founder, fashion portal rock.in went live in beta.
Tennis star Mahesh Bhupathi launches ecommerce portal selling sports equipment and accessories, looking to bring on table his expertise and networks in the sports and fitness industry as a Director of the Company.
Mumbai-based Outletwise.Com, a platform for Hi-End Fashion and Lifestyle E-Commerce launched its beta version in the last week of March 2012 and has since then been experiencing steady rise in traffic and revenues.
Mithun Sacheti, Co-Founder & CEO, CaratLane.Com
Realizing the huge potential of online retail in India and using his background/experience in jewellery and diamonds, Mithun Sacheti laid the blueprint for CaratLane.com.
Quikr, the internet and mobile based classifieds company, today announced that its parent company has attracted an investment of US$32 million led by Warburg Pincus, a global private equity firm focused on growth investing.
Healthkart an e-health store, has acquired MadeInHealth (www.madeinhealth.com), an online fitness and body-building community and supplement store.
ReTechCon 2012, RAI’s Technology Conference came to a close yesterday with over 750 delegates attending the event that had more 50 speakers and panellists over 20 well-placed sessions.
VentureFund.com today launched a global online platform for great ideas and start up communities connecting entrepreneurs to investors.
New Delhi-based Carzonrent, has acquired qcabs, an online car rental service aggregator, for an undisclosed sum. Post the acquisition, the qcabs team will work closely with Carzonrent to integrate the technology and processes and prepare a clear roadmap for the future.
beStylish.com kicked off operations in May 2011 under the umbrella of the Smile Group, with Harish Bahl (CEO) and the support of Abhishek Lal (Director Merchandise) and VSSK Prasad (co-founder and Director Wholesale & B2B).
ChangeMyTyre.com, India’s first online tyre store is launched by Web Auto Resources Pvt Ltd and inaugurated in Gurgaon by Mr.
Recognizing the market demand for trendy and designer leather products in India, Italian designer Footwear & Accessories brand Salt ‘n’ Pepper has today announced its foray into the Indian market via ecommerce route launching saltnpepper.com
Salt ‘n’ Pepper will showcase their brand over leather products in terms of style, trends, colours and designs by offering trendy urban products for men, women and kids.
Fashion etailer Yebhi has expanded its reach and presence in the fashion jewellery space with the acquisition of StylishYou.In for over $1 million, in a cash-and-equity swap deal.
Cbazaar, an etailer of Indian ethnic wear and accessories has raised Series A funding of US $3.5 million from Inventus Capital Partners and Ojas Venture Partners.
Mumbai-based Finger Prints Fashions Pvt. Ltd. is looking for investments of upto $10 million for its fashion e-tailing brand, Inkfruit.com.
Snapdeal, one of the larger players in the Indian e-commerce space has launched the Sports & Hobbies Category. The company sells a wide range of goods across various categories such as watches, fashion, mobiles, electronics, jewellery etc.