May 22, 2013

Shifting trends of venture capital in Indian ecommerce: A report by Allegro

Allegro1

Over the past 3 years, 53 ecommerce companies have raised approx USD 853 Mn in venture capital, as shared in a recent report by Allegro advisers. The report also says that current e-commerce market is at a similar stage to China 5 years ago, with horizontal players adopting amazon’s blended model, followed with more offline brands going multichannel in their retailing strategy. However, the report does not include deals having seed and angel funding till May 2013. Also, Jabong and other … [Read more...]

VoIP service providers should set local servers in India: Indian Govt

SkypeViber

In a meeting held on 23 April at home ministry, by representatives of Intelligence Bureau, security agencies, top police forces and senior officials from telecom and IT departments, two major decisions were taken. First decision was to make all global firms offering VoIP services in India such as Skype, to set up servers in India, in order to continue offering their facility in the country. In Another decision all ISP’s and mobile phone companies in India as asked to segregate IP addresses … [Read more...]

Can Just Dial make it big, IPO opens today

JustDial image

Justdial IPO, quite an awaited IPO of the year has opened today. Just dial IPO, was issued in order to raise an amount of INR 822-950 cr and has been assigned a grading of 5/5 by CRISIL. If successful, this 950 cr IPO would become one of the largest IPO by an Indian internet company. The issue price will be between INR 470- 543 per share with a face value of Rs 10. An investor needs to order a minimum quantity of 25 shares. The issue will get listed at BSE, NSE and MCX-SX. Benefits to retail … [Read more...]

Can Open street map compete Google maps?

Openstreetmap

OpenStreetMap (OSM), a community based mapping project to create a free editable map of the world has been launched recently on Android by a Berlin based company Skobbler. Open street map can be considered as wikipedia kind of mapping service and is supported by the OpenStreetMap Foundation, a non-profit organization registered in England. Unlike Google, which can only be used online, the app can be used both online and offline. It is available at a small price of $1, however, allows only one … [Read more...]

Yahoo on a talent acquisition spree, is next Tumblr?

yahoo

It started last fall of October 2012 when Yahoo acquired its first company under the leadership of new CEO, Marissa Mayer. Stamped, a company into Mobile apps was acquired in an undisclosed amount but which certainly was in double digit millions as startup had a funding of $3 million. Stamped team joined yahoo since then for building a major mobile development centre. It’s been 8 months and 10 acquisitions since then and still Yahoo’s desperate efforts for regaining its position as a tech … [Read more...]

Infoedge’s portfolio performance, Zomato, Meritnation and others

Info-Edge

Info Edge, India’s premier online classifieds company and owner of portals such as Naukri.com, 99acres.com and Jeevansaathi.com, has recently disclosed the Q4 FY 13 results, also revealing the status of its subsidiaries. Info Edge is currently having an investment of around $45 Mn in 7 early stage startups such as Zomato, Meritnation and others. The standalone revenue of Info Edge is reported around $21 Mn, an increase of 9.6% over the last year revenues on account of strong growth in its … [Read more...]

CampusTable, engaging college students for brand marketing

Campus-Table

Brand engagement is the key to effective digital marketing for any advertiser. In light of that, CampusTable, a digital marketing platform has come up with innovative student-brand engagement technique, which marketers should consider if their TG’s are college students. The startup provides brands an easy and cost effective way to engage with college students by providing its ad-unit called ‘Challenges’, which showcases a brand’s message coupled with a rewarding game/task for students … [Read more...]

Zurepro, one stop extended warranty provider

ZurePro

Repairing smartphones, Televisions and other high tech gadgets can be a worst experience. Considering the high costs of electronics, repairing sounds reasonable rather than making a purchase again, but can be time consuming. As soon as the manufacturer's warranty is void, users have to bear all the cost of repairs and damages. Using all of it as an advantage, Zurepro – an online extended warranty solutions start-up is about to launch itself in coming weeks. It will offer multiple programs … [Read more...]

Tallenge.com, showcasing talents across the globe

Tallenge

Busy Schedules, on the go lifestyle, limited time has changed the way people think and live in recent years. In this life of urgency one has to choose priorities at every step before making a decision to invest time and money in an activity. Taking out time for auditioning at concerts, following your passion, showcasing your talent at reality shows is not so easy and doable thing for a common man. Tallenge, amalgam of words Talent and Challenge, is an online platform which let you live your … [Read more...]

Upcoming startups to watchout in online healthcare in India

Online Healthcare in India Startups

According to the industry reports, the healthcare sector in India was valued at $50 billion in 2011 and it is expected to get double by 2015. Also, healthcare providers in India are planning to spend Rs 5,700 crore on IT products and services in 2013. However, in the recent years, the sector has seen a shift in providing services from offline to online. Its been said that the online hospital market was estimated to touch $2 billion (Rs 10,860 crore) by 2015. Also, major hospital chains such as … [Read more...]

Indiaorders, helping offline retailers take orders online

Indiaorders

To have an online presence for any bricks and mortar store has become significantly important today. If your business don’t have internet presence you may possibly miss being on the place where your potential customers can be. Indiaorders, a Mumbai based startup, is going to enter in the eretail world with an idea to provide brick and mortar retailers an online platform. The startup will provide products offered by various offline stores in Mumbai. The website will most likely to launch in … [Read more...]

Toypedia – an online toy renting library

Toypedia2

Do children feel enthusiastic about their new toy for just a couple of days and then stores it to ever expanding collection of their toy clutter? Considering the total time a child plays with a toy which can be as low as even 10 min vs amount of investment it takes for parent to cope up with the child demands, Toypedia - an online toy renting store, has got the solution. Toypedia is a Gurgaon based Toy library that allows parents to get a variety of toys for their young kids on rent and once … [Read more...]

Social media statement of Indian Banks: A report

India's-bank-on-facebook

With the increasing digitization, banking sector has seen a lot many changes in their approach to attract clients. Competition among the banks have led to the marketing of various activities and products of the banks through different channels. From past few years, Banks have been using social media to connect with the consumers, make them aware of their offers and other activities. To highlight how banks are using social media, Unmetric, a Social Media Benchmarking company released its … [Read more...]

Thatspersonal, a portal in adult products etailing niche

That's-personal

Indians are found to be shy when it comes to purchasing Adult products. Be it contraceptives or Adult literature, Indian men and women do not want to get spotted in public while buying these. To overcome this problem and still to tap this category in the market, Thatspersonal, an online shopping portal offers erotic and adult products with complete privacy and also solves the barrier of embarrassment. Brand which is owned by Digital E-Life Pvt Ltd, ships products in an unmarked, unbranded … [Read more...]

Social media marketing snapshot of top Indian brands: A report

Ernst-&-Young2

Social media-savvy organizations have realized that social media plays an important role in generating insights and engaging with customers and has helped organizations to create their own communities of fans, customers or prospects, as analyzed by Ernst & Young in its latest report on Social Media Marketing in India. Ernst & young surveyed 48 social media savvy organizations in India including P&G, Yatra, Flipkart, Microsoft, Honda and others regarding the use of social media in … [Read more...]

Myntra introduces product exchange tweak for better customer experience

Myntra

In the light of customer woes in product returns in ecommerce, Bangalore based fashion etailer Myntra has introduced a new tweak of product exchange facility for consumers. The product exchange will work as simple as returning unwanted item while exchanging the stuff of right fit or better choice. It will allow shoppers to have an option to exchange an existing product for a different size. The trends of misfitting and not suiting of color are common in apparels and footwears which leads to … [Read more...]

Employee referrals gets social boost with ZALP

Zalp

While hiring new talent, it's very important for a company to have a proper engagement process to make sure it hires a reliable candidate. On the same time the candidates also expect a two-way interaction with recruiters to build a trust factor. The whole process is generally costly and time consuming for both the parties. Employee reference is one the most effective and reliable solution to get new people on board. ZALP, while understanding this need has developed a specialized SaaS (software … [Read more...]

LivQuik to launch mobile wallet solutions for merchants and consumers

livquik

LivQuik, a mobile technology startup, is soon to launch their mobile wallet. QuikWallet, which will allow its users to store their payments and loyalty cards on their handset, offers the flexibility to go shopping without any need to carry cards, cash or a wallet. QuikWallet is a smartphone app which allows to make payments at coffee shops, hotels, restaurants, retail outlets and several other shopping platforms. The idea is to build a product that helps people do things - easy and quick - with … [Read more...]

Indian Telecom Services Performance Indicator Report, Q4, FY12: TRAI

TRAI

Telecom Regulatory Authority of India (TRAI) has yet again came up with its report to present the key Parameters and growth trends for the Telecom Services in India for the quarter ending December, 2012. The report provides a broad perspective on the Telecom Services to serve as a reference document for various stakeholders, research agencies and analysts. Here are some key highlights from the report. 1)  Total telephone subscription: The number of telephone subscribers in India decreased … [Read more...]

Hiring Programmers is just a matter of Click – InterviewStreet

interviewstreet

Looking to hire programmers , coders and software engineers? Interviewstreet might be of interest to you. Be it large MNC’c or tech start-ups, hiring tech talent has always been a daunting task. Interviewstreet.com is an online portal which helps companies to find the right candidate when it comes to hiring coders, developers and techies. Where large corporations are flooded with the applications most of which lie below the basic standards, start-ups are struggling to find the quality … [Read more...]