Online marketplace Snapdeal today said it has established a data sciences centre in San Carlos, California to get top global talent and build high-value solutions. The centre will focus on big-data and advanced analytics to add clarity to Snapdeals consumer-centric initiatives, help shape business strategy and optimise the operational efficiencies using data. “We have set […]
E-commerce major Snapdeal has pumped in $300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics and facilitate the increase in shipment volumes. The city-based firm has seen 1.9 times increase in shipment volumes from 1.29 lakh daily shipments last year to 2.5 lakh this year. “We […]
Snapdeal today said it has acquired TargetingMantra, a move that will help the ecommerce major enhance personalisation of shopping experience of customers. The acquisition amount was not disclosed by Snapdeal. TargetingMantra specialises in the field management of customer life cycle through personalisation, targeting and big data analytics. Founded by former Amazon executive Saurabh Nangia and […]
E-commerce marketplace Snapdeal today said it has partnered IIT Delhi and Phoenix Medical Solutions to sell SmartCane online, priced at Rs 3,500. SmartCane is an advanced version of the white cane used by visually impaired people and ensures independent mobility and safety of the user. As a part of the partnership, potential donors can also […]
As per the report, Snapdeal one of India’s biggest e-commerce company has decided not to renew Bollywood star Aamir Khan’s contract as brand ambassador of the ecommerce company. The one-year endorsement deal ends later this month. Snapdeal may not replace Khan with another celebrity as it looks to rationalise ad expenditure and focus instead on […]
Mumbai based Startup Truce, which runs a fresh farm vegetables and fruits supply chain venture has raised 2.5 Crores ($370,000) angel funding from the founders of Inmobi and Snapdeal. Truce co-founder Saurabh Jain confirmed that the firm has raised funding but did not talk on about the details. The founders who invested are Kunal Bahl […]
An FIR has been registered against the CEO and founder of an e-commerce major for allegedly selling popular Maggi noodles online during the ban period, in five Indian states. A case was registered yesterday against CEO of Snapdeal Kunal Bahl and its founder Rohit Bansal for online sale of Nestle’s instant noodles in five states […]
Following up on my last year’s post on Mobile Commerce, I decided to focus only on Big 4 this time primarily due to lack of time. Here is what I published in Dec 2014: Mobile Commerce Growth in 2014 – It’s An App World Let’s take a visual look at how some of the top […]
Reuters: Online marketplace Snapdeal, backed by Japan’s SoftBank Group Corp and others, will spend more on logistics and technology to better compete with Flipkart and Amazon’s Indian unit, its co-founder said on Monday. Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and e-commerce firms are struggling to […]
As we reported 4 months back, Ola received 750k bookings per day requests and covered 80% market in India. Now the Softbank Q2 report shows Ola has touched 1 million bookings per day. Even more eye-popping result is “InMobi 1 billion” per day users”. Have a look on some more points in this Q2 report, Alibaba’s Revenue […]
It seems a comment from Kunal Bahl (CEO, Co-founder of Snapdeal) is true that Snapdeal will become profitable in three years. As per the latest data from a Blog, Snapdeal revenues have increased 5 times. The Blog also revealed that the loss per rupee of revenue earned has also decreased drastically comparison to last year. […]
SpinKart is a startup operating from Lucknow that has a lot of research work behind it. They understand that usually, shoppers have a harrowing experience in India – going for groceries, running through aisles with their carts, waiting for hours during checkout, add to that the chaos of traffic, parking and fuel costs. Online shopping […]