May 23, 2013

Fashionandyou.com acquires Urbantouch.com, gets Abhishek Goyal as new CEO

fashion-and-you

Fashionandyou.com, online fashion and lifestyle E-commerce Company has acquired Urbantouch.com in a cash plus stock deal (approx US $30 million). UrbanTouch.com was started by Abhishek Goyal in January 2011. As part of the deal Abhishek Goyal will join Fashionandyou.com as the new CEO and the existing shareholders of Urbantouch.com will be exiting. Fashionandyou.com and Urbantouch.com will co-exist as independent identities and will focus on emerging as a lifestyle e-commerce portals … [Read more...]

Springstar incubated global project ‘Juvalia & You’ now in India

Juvalia&U

Springstar GmbH, a Berlin based Incubator has ventured in Global project Juvalia & You, a social selling company currently operating in Germany, Brazil, Russia and now India. Juvalia & You has its headquarters based in Berlin with Chriatian Wallin as CEO (Global) and Chaitanya Aggarwal as CEO (India). The company is backed by Oliver Jung, Harish Bahl, Klaus Hommels, Investment Partners of Springstar. Juvalia.in, the Indian version operates in synergy with Juvalia Marketing Private … [Read more...]

“Fashionandyou has only begun to scratch the surface of what we can offer in global and Indian brands” – Harish Bahl

HarishBahl

Fashion and You, one of India’s leading youth centric multi brand online retailer that has recently raised $40 million (Rs 202.3 crore.) in a funding round participated by Norwest Venture Partners and Intel Capital including Sequoia Capital India & Nokia Growth Partners. The fund raised by fashionandyou.com   is one of the biggest investments in an e-commerce company in the recent times. In order to gain more information about funding and its allocations, iamwire interacted briefly with … [Read more...]

Indian e-tailers TV ads register 228 % upsurge: TAM Media Research

TAMmediaResearch

Burgeoning Indian online retail industry has been splurging lots of money on mass media advertising in past six months in order to penetrate the urban consumer base including tier 2 and 3 cities. According to latest data by TAM Media Research, appetite for advertisement from online retailers have witnessed whopping rise by 228 % on television, 78 % on print and unbeatable 797 % on radio.  Online retailers such as flipkart.com, yebhi.com, myntra.com and bestylish.com have been allocating fat … [Read more...]

fashionandyou.com raises $40 mn led by Norwest Venture Partners and Intel Capital

Fashion&U

Fashion And You, an invitation based online apparel retailer has raised $40 million (Rs 202.3 crore.) in a funding round participated by Norwest Venture Partners and Intel Capital including Sequoia Capital India and Nokia Growth Partners.  The company will use the fund for growth initiatives, including acquisitions, starting new business categories, as well as accelerating its growth in existing categories and geographies. Fashionandyou, the online private shopping venture run by Smile Group … [Read more...]

Whether it is hype or not – ecommerce in India continues to grow

Ecommerce-India

Ecommerce businesses in India have been witnessing unprecedented faith of investors in this year so far. VCs, PEs firms, angel investors and angle networks have bet high on various ecommerce businesses as they believe that ecommerce is a strong or to some extent only alternative to organized retail that more or less failed to cater to needs of consumers in the country. However, at the same time there are some investors who feel that these all exuberance (in terms of funding and valuation) are … [Read more...]

Online Companies with Offline Advertising – Broadcasting Credibility to ‘wider’ market

OnlineCompaniesOfflineAdvertising

Ecommerce businesses have been attracting large chunk of funds in India from quite some time. As we have witnessed slew of fund raised by some of the companies and it could be understood and felt by looking at their marketing mix. Now a day’s one can see Yebhi, Flipkart, OLX and Quikr on television frequently. TV commercials of these companies are part of their branding mix as it offer 360 degree visibility, proper penetration in tier 2 & tier 3 cities and help them to become credulous to … [Read more...]

Harish Bahl, Founder, Fashion and You

HarishBahl

Harish Bahl - Founder - Fashion & You Fahion and You incepted by veteran entrepreneur Harish Bahl who has experienced of developing business ventures like StudioSmile, Quasar (bought by WPP), Tyroo (minority stake picked up by Yahoo), Zoomtra & Zumtra. With its high fashion and luxury brands offering, Fashion and You is becoming preferred destination for exuberant youths who vouch to express them in sheer style. In an exclusive interaction with Iamwire, Bahl spoke on growth of high end … [Read more...]