May 20, 2013

India among the fastest growing ecommerce market – A Report

October 30, 2012 By 4 Comments
Data-1

According to the latest report generated by industry body ASSOCHAM (Associated Chambers of Commerce and Industry of India) and ComScore, India has now entered into a list of fastest growing Internet markets ranking third among the fastest growing markets worldwide. Presently, internet user base in India is approximately 125 million, among the BRIC Nations, India has been the fastest growing market adding over 18 million internet users and growing at an annual rate of 41%. “Internet is … [Read more...]

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Vizury raises USD 9 Million Series B funding led by Nokia Growth Partners

October 26, 2012 By Leave a Comment
Vizury

Vizury Interactive, a digital marketing technology company has raised close to USD 9 Million in its Series B round of funding. The funding was led by Nokia Growth Partners (NGP) with participation from existing investors Ojas Ventures and Inventus Capital Partners. Existing angel investors who led the seed round of funding also continue to remain invested. The funds will be used to strengthen the company’s presence across Asia, Australia and South America, step up R&D efforts and drive … [Read more...]

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Lightspeed Venture Partners and Matrix Partners backed Limeroad.com goes live

October 20, 2012 By Leave a Comment
Limeroad

Limeroad.com, a fashion and accessories shopping portal for women has launched it services for the growing online shoppers. It is targeting the positioning as a social commerce platform towards informed and fashion savvy women shoppers. It catalogs categories like apparel, accessories, home and non-perishable food. The company is already backed by Lightspeed Venture Partners and Matrix Venture Partners and team consists of Suchi Mukherjee, Founder & CEO, Ex-eBay, Skype and Gumtree, … [Read more...]

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Online kids wear brand Unamia secures $1.2 Million in seed funding

October 17, 2012 By Leave a Comment
Unamia

Bangalore-based online kids wear brand Unamia has raised $1.2 million in seed round funding from Blume Ventures and Angel Prime. The company targets the Rs 38,000 crore kids wear market by creating a world-class range of kids wear and building deep engagement with customers. Demand for kids wear is growing by 20% year over year. Unamia founded by NIFT, IIT and Stanford graduates, aims to make world-class kids wear accessible to parents across India, especially moms, who want quality at par … [Read more...]

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