May 18, 2013

Updated: Flipkart raised Series D funding from Nasper’s MIH, ICONIQ, Tiger Global & Accel Partners

August 24, 2012 By Leave a Comment
flipkart

One of the major Indian Online retailers, Flipkart has raised another round of Series D funding of $ 150 million from two new Investors; South African media group Nasper and California based Iconiq capital besides involvement by existing investors Tiger Global and Accel Partners, according to the report by TimesofIndia. Nasper’s Indian arm MIH India is pumping around $90 Million, with Nasper leading the funding round. ICONIQ capital which is a global multi-family office, head quartered in … [Read more...]

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Zovi discloses Series B funding of US$10 Mn by Tiger Global and SAIF Partners

June 1, 2012 By Leave a Comment
zovi

Zovi.com, a fashion etailer has recently disclosed $10 million in funding from Tiger Global & SAIF partners in Series B Round of funding which happened last year. Zovi is a web-exclusive label for Fashion Apparels & Accessories. The company has been really active on Display Marketing and on Facebook Advertising. The company was established in December 2010 and had earlier raised $5.5 million in Series A from SAIF Partners in December 2010 though the announcement was made in mid-2011. … [Read more...]

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Online expands Offline; Jewels eTailer CaratLane.Com opens its First “Solitaire Experience Lounge”; Targets 3x Revenue Growth by FY13

April 26, 2012 By 1 Comment
Carat Lane

In a move that signals the sign of things to come, Chennai-based jewels and gems e-tailer, CaratLane.com opened its first ‘Solitaire Experience Lounge’, in New Delhi. This is among the first such initiative in the Indian e-commerce landscape and helps customers to get a first-hand feel of the Carat Lane brand, speak to diamond consultants, try on samples of the jewellery and experience the online buying process. The store was inaugurated by beauty queen and Bollywood actress, Amy Jackson. … [Read more...]

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Myntra.com raises $20Mn to plunge into new categories

February 9, 2012 By 1 Comment
myntra

Fashion and lifestyle e-retailer Myntra.com has raised $20Mn in its third round of funding led by Tiger Global, reports Pluggdin. The funds will be used to build its logistics service and expand into new categories. Iamwire tried to make contact with CEO’s of myntra over the phone for more details on the funding, however, we did not yield any response till the time of writing this post. Myntra was founded in 2007 headquartered in Bangalore with regional offices in New Delhi, Mumbai and … [Read more...]

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Flipkart raises $20 million

June 16, 2011 By Leave a Comment

India largest online book store has raised $20 million from its existing investor. Flipkart India's leading e-commerce destination, today announced the Series C funding of US $20 million from existing investor Tiger Global. The funding, raised earlier this year from Tiger Global, will be used by Flipkart for building more capacity in supply chain and logistics, upgrading technology capabilities and expanding marketing initiatives. This funding takes the total investment in Flipkart close to US … [Read more...]

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