May 24, 2013

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

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

March 21, 2012 By 3 Comments
NagarjunShrivastava

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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“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-Chulet

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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“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...]

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“Wopshop.com has vision to become the biggest online discount destination for Kids” – Rohit Sharma, Founder & CEO, Wopshop.com

March 10, 2012 By Leave a Comment
RohitSharma

Indian etail industry has been experiencing fair amount of traction from entrepreneurs in Kids category and interestingly entrepreneurs are evangelizing diverse business models catering to different age groups into this category. After Firstcry, Babyoye, Allschoolstuff and Mangostreet, wopshop.com, an online store dedicated exclusively for toys has gone live in February this year. The venture is being led by Rohit Sharma, erstwhile CEO, Reliance Entertainment-Digital Business along with Vaibhav … [Read more...]

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“The distribution of inventory across the warehouses is a function of customer demand and market size” – Deepak Rishi, Senior Vice President – Operations, Myntra.com

March 5, 2012 By 1 Comment
DeepakRishi

Backend processes such as logistics, warehousing, customer support are critical for any e-tailer; however most of the start-ups including big etailers grapple with these important processes. Well organized and processed warehouses are of immense importance as it enables them to deliver the orders and meet the promised timelines with their consumers. In order to know more about the best practices of warehousing, including levels of IT enablement, geographic spread and Economic Order Quantity … [Read more...]

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Lingerie brand Bwitch goes online, offers bulk trading too

March 5, 2012 By Leave a Comment
Bwitch

Genesis Colors, which operates Bwitch lingerie brand in India, has launched its ecommerce store Bwitch.in. Currently it features around 110 products under four different categories named as bra, panties, nightwear and shape wear. The Bwitch has launched its Indian webstore – bwitch.in with an Indian ecommerce service provider Net Distribution. Net Distribution claims to operate several online stores ranging from large to mid-size stores. According to its website the brand ‘Bwitch!’ … [Read more...]

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Exclusive: Zopnow experiences 75 % repeat purchases, claims to become profitable soon

March 1, 2012 By Leave a Comment
ZopNow

Zopnow.com, a Bangalore based etailer of grocery and FMCG products has seen gradual growth since its beta launch in November last year.  Of late, Zopnow has been experiencing rise in demand of organic products and Italian condiments along with soap, home cleaning utilities which form a part of more than 75% of the orders. Speaking about the growth of the company Mukesh Singh, Co-Founder & Zopper, Zopnow.com said “At this stage we are not disclosing the actual number of customers or … [Read more...]

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HomeShop18 re-launches its online bookstore, offers over 10 Mn titles across diverse categories

February 29, 2012 By Leave a Comment
HomeShop18onlineBook

Homeshop18.com, one of the leading ecommerce players in the country expands books vertical with its all new user friendly online bookstore with catalogue over more than 10 million books. Currently it showcases books across more than 100 categories such as mystery & detective, entrepreneurship, humor, motorsport and computer & technology. The store’s home page seems to be well placed as it clearly enables consumers to filter their options across top authors, popular books on cinema, … [Read more...]

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Komli Media Acquires Admax to bolster its leadership position in SEA region

February 29, 2012 By Leave a Comment
KomliAdmax

Komli Media, Asia Pacific’s leading media technology company with solutions across display, mobile, video, social, search and data for advertisers, agencies, and publishers has acquired Singapore based Admax Network, one of the largest South East Asia’s (SEA) digital media networks. The online advertising market in SEA region is slated to be worth around US$ 250 – 300 million and growing at 30-40% per year. This acquisition will provide Komli Media with the region’s largest and most … [Read more...]

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LinkedIn launches feature for brands to create ‘Follow Company button’

February 28, 2012 By Leave a Comment
Linkedin

World’s largest professional networking site LinkedIn has equipped businesses across the world to showcase their official LinkedIn’s 'Follow Company button' and link it to their official pages on the professional networking site. This new feature on LinkedIn enables its users to stay up to date on followed company news, career opportunities, industry trends and insights. Informing about the launch through LinkedIn’s blog, Mike Grishaver wrote, “we are excited to announce the launch of … [Read more...]

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Exclusive: Liberty rolls out its online store

February 28, 2012 By Leave a Comment
LibertyOnlineStore2

Liberty, one of the top 5 manufacturers of leather footwear in the world has unveiled its online store libertyshoesonline.com in India. Currently the website showcases 503 products across men, women and kids categories. It offers its own private labels such as Fortune, Gliders, Coolers, Windsor, and Force 10 along with signature collection by HrithikRoshan and Flexo-tec for men. It also has specials for women and kids. Returns and refund policy on the website is not indicated clearly as it … [Read more...]

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Allschoolstuff reports 3X growth with phenomenal selling through Facebook

February 28, 2012 By Leave a Comment
Allschollstuff

AllSchoolStuff.com, the largest e-tailer of educational and school supplies in India has been witnessing an upsurge in demand for its offerings as the school season advances. Since its beta rollout last year, it has been registering a 3X growth month-on-month, in terms of orders and sales. According to Manoj Chandra, Founder & CEO, AllSchoolStuff.com, the company has closed nearly 300 orders through its Facebook Page on a single day last week. Speaking more about the growing popularity of … [Read more...]

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Exclusive: Fernsnpetals registers 100 percent growth in business this Valentine season, avg ticket size up by 4X

February 27, 2012 By Leave a Comment
Ferns&Petals

Fernsnpetal, one of the leading etailers of flower, chocolates and other gifting products in the country experienced more than 100 percent growth this Valentine season as compared to last year. Talking exclusively to iamwire, PawanGadia, CEO, FnP.com said “Valentine’s Day is the biggest occasion for a florist and we have achieved a growth of 100% compared to last year and in fact the number of orders were so heavy that we had stopped booking new orders on 14th Feb at 9 am onwards”.  … [Read more...]

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“Chhotu.in will use the raised fund to increase the serviceable reach & expand offering to warehousing and packaging” – Navneet Singh, Co-Founder & CEO, Chhotu.in

February 24, 2012 By 1 Comment
NavneetSingh

Delhi based Santa Claus Couriers that runs e-commerce logistics company Chhotu.in, has raised an undisclosed amount of funding from Global Super Angels. In order to know more about the deal, iamwire exclusively interacted with Navneet Singh, Co-Founder & CEO, Chhotu.in. Speaking about the allocation of the raised fund, Singh said that we will use it to increase our serviceable reach and expand our offering to warehousing and packaging. Below is the major part of interaction. According to … [Read more...]

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Exclusive: Delhi based digital media agency launches online toy store toygully.com

February 23, 2012 By Leave a Comment
ToyGully

Elixir Web Solutions, a Delhi based digital media agency has launched www.toygully.com, an online toy shop. Toygully aims to offer a great shopping experience to would-be parents, new parents and kids who can choose toys based on their age, brands and price. At present, it showcases 11 categories including outdoor play, art & craft, learning, sporting goods and dolls. It offers brands like Ra.One, Funskool, Barbie, Disney, Boon, and Dr. Woods along with several others. It claims to ship … [Read more...]

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Speculations apart: “Yebhi.com is going great guns” – Manmohan Agarwal, Brand Owner, yebhi.com

February 22, 2012 By 1 Comment
Manmohan

Indian e-tail market is poised to grow anywhere between 3X to 5X in 2012 and yebhi.com will grow at least by 3 folds in this year – this is what Manomhan Aggarwal, Founder & CEO, yebhi.com said in an exclusive interaction  with Iamwire. Manmohan spoke at length on various aspects and shunned all the rumors and speculation about any trouble in raising the next level of funding and buyout. He termed all these speculations baseless, wild and nerd. Here are the major excerpts of the … [Read more...]

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“Retail in India is not woken up to the fact that etail is here and big” – Mahesh Murthy, Managing Partner, Seedfund

February 21, 2012 By 2 Comments
Seedfund

Internet Retail Expo 2012 has concluded successfully with various thoughts emerging from the think-tanks of the online fraternity. During the course of the event iamwire caught up with Mahesh Murthy, Partner Seedfund for a live chat. As expected, Murthy spoke at length on aspects like integration of offline and online Retail, investment perspective, marketing and few demises of e-tailers in 2011.  Below is the brief interaction. … [Read more...]

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Exclusive: With online shoe shopping on rise, Delhi based Fashos.com – a shoe etailer registers 2X growth

February 21, 2012 By 1 Comment
Fashos

Fashos.com, a Delhi based online retailer in footwear vertical has been registering 2X growth in terms of orders and revenue Week on Week (WoW). It is an interactive fashion footwear portal that caters to the needs of traditional shoppers as well as the social online shopper through suggestive buying. Interacting exclusively with iamwire, Navin Joshua, Co – Founder, fashos.com said “We have launched in November and since then we are experiencing 2X growth WoW. In November, we had around … [Read more...]

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