May 22, 2013

Yebhi raises INR 60 crore in internal funding from existing investors

Yebhi-Funding

Ecommerce player Yebhi.com had raised INR 60 crore in internal funding round with Nikhil Rungta joining the team earlier, states sources. Though official announcement from Yebhi is yet to come. But, on contacted by iamwire, Nikhil Rungta, CBO, Yebhi, had neither denied nor accepted the news and made a point that it is speculative in nature and he don’t want to add further to the speculations. Over the future, Yebhi aims to be the biggest ecommerce company, it aspires to become a thousand … [Read more...]

Google India’s Country Marketing Head now Yebhi’s CBO

Yebhi

Nikhil Rungta, ex-Country Marketing Head, Google India, has officially joined online e-commerce portal Yebhi.com as their Chief Business Officer. In this role Nikhil will be managing the strategy, planning and execution of the company's sales, marketing and product development. Manmohan Agarwal, CEO, Big Shoe Bazaar is also confident that Nikhil will bring success at Yebhi.com with his extensive experience. With certain plans for Yebhi already in place, it seems Nikhil will not be wasting … [Read more...]

Big Shoe Bazaar announced US $20Mn in Series C funding led by Fidelity & Qualcomm

Yebhi

Big Shoe Bazaar India Pvt Ltd., the B2B Company of Yebhi.com, has raised INR 100 Cr in Series C round of funding led by Fidelity Growth Partners India and Qualcomm Ventures. Existing investors, Nexus Venture Partners and Catamaran also participated in the round. According to the sources announcement has come quite late since the deal was signed. In 2010, the company raised INR 10 Cr ($2 Mn) of Series A funding by Nexus Venture Partners followed by a second round of funding of INR 40 Cr ($8 … [Read more...]

Healthkart.com acquires MadeinHealth.com for healthcare ecom business synergy; CoFounders acquired by Yebhi.com

Healthkart

Healthkart an e-health store, has acquired MadeInHealth (www.madeinhealth.com), an online fitness and body-building community and supplement store. With the acquisition, Healthkart aims to strengthen its position in the e-health space, and seeks to boost its presence in e-Commerce market, which is expected to grow several fold over the next few years. Expressing their delight on the acquisition, Prashant Tandon & Sameer Maheshwari, Co-founders of HealthKart said,"MadeInHealth is a … [Read more...]

Yebhi acquires Fashion Jewellery etailer StylishYou.In for over $1 Million in cash-and-equity deal

Yebhi

Fashion etailer Yebhi has expanded its reach and presence in the fashion jewellery space with the acquisition of StylishYou.In for over $1 million, in a cash-and-equity swap deal. As part of the deal, Shraddha Danani will join the Yebhi team, along with the merchandising team of StylishYou to focus on building the jewellery etailing business of Yebhi. Speaking with the press, Shraddha said, "I am excited to have joined the team and I look forward to an interesting journey with the basic … [Read more...]

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

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...]

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...]

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...]

Case study of yebhi.com

yebhi

Incepted in August 2009, Yebhi.com is a one fashion store, that follows the principle of BUY FIRST & SELL LATER, in order to ensure the latest, and quality product offerings to its customers. The core differentiator of Yebhi.com is its standardized quality deliverables, which are so influential, that they have been enhancing the credibility of the overall Indian eCommerce eco system over and over. The company’s policy to Buys First and Sells Later is unique among other online stores. … [Read more...]