August 19th, 2016Salebhai.com, an e-commerce platform for regional goods from across India that is representative of a culture, has received a major boost from Brand Capital of Times Group. The media conglomerate has come on board with a deal size of Rs 10 crore for a minority stake in the company.
The online portal, which operates on a back-to-roots...
August 9th, 2016Indian homes are estimated to have over Rs 78,300 crore worth of used goods like clothing, utensils and books, a study by used goods marketplace OLX said today.
According to the third edition of Consumer Research on Used Goods and Selling Trends (CRUST) Survey 2015-16, the estimated market for used goods was about Rs 56,200 crore.
In...
April 6th, 2016Himachal Pradesh has become the latest state to impose tax on e-commerce shipments with the state Assembly today passing a bill providing for levying tax on all online purchases to check revenue loss caused by online trading. Major states like Gujarat, Madhya Pradesh Rajasthan and Uttar Pradesh have already announced imposing tax on...