May 22, 2013

“We have shaped the market for ordering food online,” Amit Kohli, MD, Foodpanda India

May 14, 2013 By Leave a Comment
amit-kohli

Foodpanda is one of the online food ordering service platform that has seen an exponential growth in past few months in India & globally, started its operations last year in India, has completed one year today. Foodpanda, a Rocket Internet venture recently, raised USD 20 million in fresh round of funding and has also announced Rohit Chadda as its second managing director in India.  We caught up with Amit Kohli who is the Co-founder and Managing Director at Foodpanda India, to know how the … [Read more...]

Filed Under: Ecommerce, Interviews Tagged With: ,

“OLX will become xerox of ecommerce for selling”, Amarjit Batra, OLX India

May 11, 2013 By 4 Comments
Amarjit-Batra

According to reports, total online classifieds market in India has seen a significant growth in past few years. As a category, it has witnessed CAGR of 45% from 2009, and has reached Rs 23.54 billion in 2012 contributing share of 5% to the overall digital commerce market in India. It is expected that it will grow by another 30% to reach INR 30.61 billion by end of this year. Though it mainly includes jobs classifieds, matrimony, property and more where C2C classifieds are a small fraction of the … [Read more...]

Filed Under: Internet, Interviews Tagged With: ,

Rare interview: Oliver Samwer explains how Rocket has soared above its copycat rep

April 30, 2013 By 1 Comment
oliver-samwer

Oliver Samwer is the German Entrepreneur who owns Rocket Internet. Rocket is having 55 ventures across the world, and in India its ventures include Jabong, 21diamonds, OfficeYes.com, FoodPanda.in, Fabfurnish.com, below is interaction of Oliver with Jon Soberg, MD at Blumberg Capital as appeared in Venture Beat. It’s still winter in Munich. It’s not cold, and while snow from recent flurries hangs in the trees, it melts to slush on the sidewalks and streets. I enter a small, essentially … [Read more...]

Filed Under: Internet, Interviews, Startups Tagged With: ,

“One97 services has 530 mn active users every month”, Vijay Shekhar Sharma, CEO, One97

April 27, 2013 By Leave a Comment
Vijay-Shekhar-Sharma

Vijay Shekhar Sharma is the founder and CEO of One97 which he incorporated in 2000 and is one of the fastest growing mobile internet company in India providing mobile content, advertising and commerce services to millions of mobile consumers. Vijay has also been an investor in early stage mobile internet startups through his $100M One97’s mobility fund which he founded in 2010 in association with private equity investor SAIF Partners. Chhotu.in, Mobiswipe, Zepo, etc are the few companies who … [Read more...]

Filed Under: Interviews, Mobile, Startups Tagged With: ,

“It is the right time for any international brand to enter India”, Sajjad Haider, MD, Saltnpepper.com

April 22, 2013 By Leave a Comment
Salt-n-pepper (2)

Salt ‘n’ Pepper, an Italian designed multi-product brand entered India in 2012, which was their first attempt at e-commerce as a brand. Iamwire interacted with Sajjad Haider to learn more from his experiences and ideas. Sajjad, in his interview has talked about the opportunities that Indian market provides to a single brand etailer like Salt ’n’ Pepper. In addition to the current market position and operations of Salt ’n’ Pepper, he gave his insights on what opportunities and threats … [Read more...]

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“We did a 10x growth since January and doing almost 1000 orders a day”, Sridhar Seshadri, CEO, Hushbabies.com

June 25, 2012 By 2 Comments
Hushbabies

Hushbabies which was started in 2009, operating in baby-products and parenting category was acquired by Lapis last year. Recently it has also received investment from Indo US Venture Partners and it has grown from 100 orders per day to 1000 orders per day in six months. Iamwire interacted with Sridhar Seshadri, CEO - Hushbabies who has earlier worked with Google, ICICI, RangDe, and TCY and joined the Board of Hushbabies this January. Below are the excerpts of the interaction. Tell us more … [Read more...]

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“Technology is the focus area, as it keeps my headcount cost low”, Gautam Sinha, CTO/Director, Indiatimes & TBSL

June 18, 2012 By Leave a Comment
Gautam Sinha, Director , Technology, Times Group

Gautam Sinha heads eCommerce & Technology in Times Group. In his capacity, he leads and drives the technology strategy, vision and execution for all the internet, mobile and telecommunication properties of the group. He has over 24 years of rich experience in technology innovation and execution.  He is a global executive with rich international experience. Earlier he has worked with CashEdge and DRDO and holds US patents for his work in telecommunication and financial service. Iamwire … [Read more...]

Filed Under: Internet, Interviews, Technology Tagged With: ,

“Good investors do not take majority stake as they feel, value comes from the founders”, Paul Shoker, Founder, VentureFund.com

June 15, 2012 By 5 Comments
Paul Shoker

With global experience of more than two decades across continents, Paul landed up in India in 2005. Feeling the buzz and opportunity he joined the bandwagon by founding BenefitPLUS. He is also on the Board of Koovs.com and thePrivateSales.com and recently started VentureFund.com, a global mentoring and funding platform. Iamwire interacted with Paul to learn more from his experiences and ideas. Here are the excerpts of the interaction. How did the idea of starting VentureFund.com come up? Tell … [Read more...]

Filed Under: Interviews, Money Tagged With: ,

“My belief says that we can absorb more startup funding in India”,- Alok Mittal, MD, Canaan India

June 12, 2012 By Leave a Comment
Alok Mittal, MD Cannan Partners, India

With a broad range of hands-on experience founding, funding and supporting early-stage technology companies, Alok Mittal joined Canaan India in March 2006.  Prior to joining Canaan, Alok co-founded JobsAhead.com, which was acquired by Monster.com. Alok is also a co-founder of Indian Angel Network and sits on the board of TiE (The Indus Entrepreneurs).  Iamwire interacted with Alok on his views on the current investment scenario in India, their investments in Naaptol and a host of other topics. … [Read more...]

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“We did over Rs.50 Crores in Revenues, with 60% coming from the top-8 cities; Demand in Tier-II and III cities driven by lack of accessability” – Mithun Sacheti, Founder & CEO, CaratLane.Com

May 24, 2012 By Leave a Comment
CaratLane

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. His vision of selling solitaires and diamond jewellery over the internet was shared by a man whose expertise lay in a complementing area. With Srinivasa Gopalan, Mithun started CaratLane.com in 2007, with the site going live in 2008. From then, it’s been a journey of crossing milestone after milestone! Iamwire interacted with … [Read more...]

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“We have been successful in commanding a large market share in the space with over 1.5 million users per month growing at a 15% – 20% CAGR,” – Shailen Amin, CEO, beStylish.Com

May 14, 2012 By Leave a Comment
Shailen-Amin

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). Backed by heavy-duty expertise in the footwear industry as well as the retail market, the company started with a motto of changing the way people dress their feet and an ambitious vision of creating India’s largest online shoe portal. With a full year of operations … [Read more...]

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“We expect that online will grow and complement our physical stores, also we cannot open stores everywhere”- Asim Dalal, MD, The Bombay Store

April 26, 2012 By Leave a Comment
The-Bombay-Store

The Bombay Store was started as the Bombay Swadeshi Co-operative Store in 1906 by Lokmanya Tilak and Mummohandas Ramji with Ratanji Jamshedji Tata as one of its founding directors. The company has evolved with time and has now embraced the online retail format and become a multichannel retailer with a clear focus on building a scalable and profitable business. The company has steadily grown its online format and expects its share in total sales to rise to over 15% in the next 3-4 years on the … [Read more...]

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“The latent consumer demand has also pushed the retailers to look for us and we are doing good business due to it” – Gaurav Vora, Director, Dynaflex

April 23, 2012 By 1 Comment
GauravVora

With the rise of the online retail industry in India, the demand for packaging solutions has been on the rise. Keeping in view the need for such services, we interacted with Gaurav Vora, Director of Baroda-based Dynaflex, provider of packaging solutions to the online retail industry. Dynaflex has been providing services to governments in India and abroad in the form of security envelopes and other solutions for many years and as a result, found itself in the right position to service the online … [Read more...]

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“Indian office products market is approximately $20 billion and has huge scope for organised players,” – Deepak Batra, Director & Co-Founder, 1Click1Call.com

April 16, 2012 By 8 Comments
Deepak Batra - Director, 1Click1Call

According to research, the approximate size of Indian office products market is $20 billion. As with other major retail categories, the market is largely unorganised and has huge scope for organised players. An interesting aspect from a suppliers perspective is that demand is concentrated around metros and tier 1 cities and that too in commercial/industrial pockets. This makes it easier to cover large cities and build capacity. Iamwire spoke with Deepak Batra, Director and Co-founder at … [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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“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
KaranMohla

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

“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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“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
Harmeet-Singh

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...]

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

“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...]

Filed Under: Ecommerce, Interviews Tagged With: ,
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