Leading mobile wallet platform FreeCharge today, announced its partnership with the online marketplace pioneer eBay India via Billdesk. With the partnership, both FreeCharge and eBay customers can access over 100 million product listings on ebay and pay for their order using the FreeCharge wallet option. Users can also avail 25% Cashback offer on selecting FreeCharge as […]
Led by Bansal’s, India’s top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmaneuver global giant Amazon.com in a burgeoning Indian market. Flipkart Chief Executive Binny Bansal said the home-grown e-commerce player plans to […]
With an eye on key emerging markets like India, leading Italian mobile services provider, Ubiquity, today announced that it has acquired a 51% majority stake in Solutions Infini, a Bengaluru-based enterprise communication and cloud telephony services startup. This strategic acquisition will broaden Ubiquity’s offerings and business solutions, including the addition of an innovative voice services […]
German Multinational corporation, Adidas is planning to launch its official app by December in India. Adidas Group India is planning to drive customer engagement through content and loyalty programmes, and boost online sales. “Our engagement with consumers do not end in incremental sales or how many omni-channel stores are rolled out. Shopping is just a […]
MobiKwik, India’s largest independent mobile payments’ network today announced that it has registered 5000 percent growth on Big Basket, India’s largest online supermarket Bigbasket offers over 20,000 products from over 1,000 brands and is present in 25 cities across the country including Bangalore, Hyderabad, Mumbai, Pune, Chennai and Delhi-NCR. Upasana Taku, Co-founder, MobiKwik said, “Grocery […]
A tightening funding environment has prompted Indian e-commerce ecosystem to adopt stricter evaluation norms for business models, with focus on profitability and consolidation, a report said. “We believe this (e-commerce) shake-up may intensify further, leading to the emergence of one or two strong companies within each sub-sector,” said the research report by Kotak Institutional Equities. […]
Mobile wallet company Mobikwik today said it has raised USD 50 million (about Rs 330 crore) in funding, led by Japanese payments firm Gateway and Taiwanese chip maker MediaTek. Its existing investors such as Sequoia Capital and Treeline Asia also participated in the current round of funding. The company said it will use the proceeds […]
Online couponing platform CouponDunia aims to grow revenue by fourfold to USD 20 million this fiscal as it launches new services such as cashback for customers. The company, which counts e-commerce firms like, Flipkart, Amazon, eBay and Jabong, among its clients, is also aiming to expand the total value of transactions through its platforms (GMV) […]
A Serial Entrepreneur, a Consultant, a Venture Partner and a Teacher – Yes, we are talking about just one person! Ankur Warikoo, CEO and co-founder of Nearbuy. He had a Chat session originally appeared on Quora – the knowledge sharing network where compelling questions are answered by people with unique insights. Post his management degree from the […]
CashKaro.com, India’s largest Cashback & Coupons Site has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity. The funding comes just two months after the Gurgaon-based startup raised Rs 25 crores in its Series A funding led by Kalaari Capital, one of […]
In the wake of an unprecedented surge in e-commerce, shopping malls already under huge pressure due to large vacant spaces are expected to see a sharp decline in the footfalls could be to the extent of 55.58 per cent during the ongoing festive season this year, reveals an ASSOCHAM recent survey. According to the just […]
A long Tuesday afternoon and I was getting impatient for my next interview with Tooler. I researched their website a for a bit, after much persuasion from the Pixr8 head Nitish. Not that I do not normally research a company before interviewing but the briefing from Nitish made think to myself “here we go again, […]