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 […]
Alibaba Group Holding Ltd, China’s biggest e-commerce company, said fourth-quarter revenue rose 39 percent, beating Wall Street estimates, helped by growth in gross merchandise volume. The company’s American Depository shares were up 3.5 percent at $78.48 on Thursday. Revenue rose to 24.2 billion yuan ($3.7 billion) in the quarter ended March 31 from 17.4 billion […]
In a world that is increasingly going mobile, ClearTax India’s leading Income Tax Returns e-filing website has launched another dimension to the convenience quotient of the Indian consumer by announcing the launch of its mobile app. The newly launched app will carry all the functionalities of the ClearTax web platform, where users can upload their […]
Railways today dismissed reports about the leak of email and mobile numbers from user profile data of Indian Railway Catering and Tourism Corporations (IRCTC) e-ticketing system and said everything is safe and secure. There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, Railway Board Member (Traffic) Mohd Jamshed told […]
IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3, tier-4 cities. IFC was the lead investor for the Rs. 400 cr Series D investment round which also saw participation from TPG Growth, […]
The number of Internet users in the country is likely to reach 500 million this year, Telecom Minister Ravi Shankar Prasad said today. “India has grown to around 400 million Internet users. If we take Trai numbers then it is somewhere close to 332 million. As per service providers, they were telling me that up […]
A year after going app-only, fashion e-tailer Myntra will now launch again its desktop website on June 1. Myntra, part of eCommerce giant Flipkart, had attributed the decision to the manifold growth in traffic from smartphones, which prompted it to go mobile-only from May last year. Myntra said the U-turn in its decision was based […]
Kids today spend more of their lives online than offline, according to research carried out by Kaspersky Lab and iconKids and Youth. As kids grow older, offline activities tend to transfer to the online world. Moreover, three-in-four children prefer to use the Internet to get information, rather than any other source. These findings show that […]
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 […]
Digital payments firm Paytm will enable Uber users to pay for their rides in Indian currency while travelling abroad using its mobile wallet by month-end. Alibaba-backed Paytm will not charge any fees for conversion and the fares will be based on current forex rates. Currently, Indian users need a credit card to pay for Uber […]
Pratik Luther was pursuing his MBA from Humber College Toronto, Canada when he failed his final semester project because his colleagues did not think he participated enough. As a result, he was forced to repeat a semester with the upcoming batch 3 months down the line. “I got 3 totally blank months with no work […]
Considered to be a fashion icon for the youth today, Sonam Kapoor is the first Indian celebrity to launch an app on herself and her life in collaboration with Disciple Media. While in Hollywood, Justin Bieber, Taylor Swift and the Kim Kadarshians have launched similar apps. Sharing #SonamSurprise with you! It’s my all new exclusive app! […]