Monday, November 18

Tag: online

QuikrServices Acquires StayGlad to Further Scale AtHomeDiva
13Sep By NitishNo Comments
ACQUISITION

QuikrServices Acquires StayGlad to Further Scale AtHomeDiva

Quikr, India’s No. 1 cross category classifieds business today announced the acquisition of StayGlad, a leading marketplace for beauty services. The strategic move will further strengthen the market leadership of its beauty service brand, AtHomeDiva, by enabling it to take on even more beauty services requests under its services vertical, QuikrServices. AtHomeDiva currently offers on-demand, in-home beauty services across six cities including Bangalore, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad. Talking about the acquisition, PD Sundar, Head of QuikrServices, said, “On-demand beauty is one of our fastest growing service categories. With well more than half of our consumers coming back to us with bigger ticket sizes, the demand is clearly very strong. As a service provider we want t...
Read More
Flipkart & Snapdeal Will Hire 20000 Staff Ahead of Festive Season
11Sep By Press Trust of IndiaNo Comments
News

Flipkart & Snapdeal Will Hire 20000 Staff Ahead of Festive Season

E-commerce major Flipkart expects to hire over 10,000 temporary staff to ramp up its delivery and logistics service to meet the festive demand. The move comes as part of the preparations being made by e-commerce companies as they launch offers to boost sales during the upcoming festive period. "With the festive season coming in, we are confident that Big Billion Days (sale) will be bigger and better than before this year. "In addition to having the new capability of alternate delivery model, we are looking at hiring more than 10,000 temporary staff in logistics and last mile across the country," Flipkart Chief Administrative Officer Nitin Seth said. This will be done to meet the massive demand that Flipkart expects during the festive season, he added. Flipkarts rival Snapdeal al...
Read More
Alibaba Collaborate With Australian Govt To Exapnd Operation in Australian Market
10Sep By NitishNo Comments
CHINA

Alibaba Collaborate With Australian Govt To Exapnd Operation in Australian Market

Successful Aussie brands with a local following have the greatest potential on China's e-commerce platforms as businesses leverage the Asian consumer market, a business breakfast heard as the two countries further trade links. Australia on Tuesday signed a strategic collaboration agreement with e-commerce giant Alibaba to expand the variety of fresh products available for purchase while leveraging digital content to build "brand Australia." The partnership is designed to allow more small- and medium- sized businesses to leverage the convergence of e-commerce and social media that have so far enabled Chinese consumers to spend almost 500 billion Australian dollars (381.98 billion U.S. dollars) per annum through online shopping. "Australia is a key market for Alibaba Group and w...
Read More
Digital Education Platform TopRankers Raises Rs. 4.5 Crore
10Sep By PriyankaNo Comments
FUNDING

Digital Education Platform TopRankers Raises Rs. 4.5 Crore

Digital Education platform TopRankers announced raising Rs. 4.5 crore funding from Careernet Consulting and Ideation Initiative Pvt. Ltd. The company plans to utilize the capital to upgrade its services by investing in innovative technology, and also expand its geographical presence in India. TopRankers is a Bengaluru-based online test preparation portal that enables students to prepare for competitive exams through an innovative platform. It offers comprehensive study materials, and elaborate tests for practice, which are carefully divided in to various chapters and topics. These can help students who are appearing for competitive exams to work on their weak areas and practice accordingly. Founded in 2014, the dynamic venture currently has offices in Bhopaland Delhiapart from Bengal...
Read More
Add Wise Steps in Your Shop Using Wiseretail, An Inventory Management Platform Backed by Nike
9Sep By RishabhNo Comments
Story

Add Wise Steps in Your Shop Using Wiseretail, An Inventory Management Platform Backed by Nike

How many times it has happened to you that you get all buckled up and walk into a showroom to purchase an item that you’ve researched all along, and the day you finally reach the showroom, it goes out of stock! People are now smarter than they were some years ago. They research for every article before carrying out purchase. Though these items are available online, yet only 5% of the customers choose to transact from there. The rest 95% still choose offline stores to “touch and feel” the products before they actually purchase it. Until now, the customers had two options; either go online or offline! But recently an attempt has been made by YNG Media’s experts as- Wiseretail to bridge that gap.   What is Wiseretail? Wiseretail is an interactive-platform which happens to solve t...
Read More
BYJUs Raises $50 mn From Chan-Zuckerberg Initiative and Others
8Sep By NitishNo Comments
FUNDING

BYJUs Raises $50 mn From Chan-Zuckerberg Initiative and Others

Online education start-up BYJUs has raised USD 50 million (about USD 332.3 crore) from a clutch of investors, led by Chan Zuckerberg Initiative (CZI) and Sequoia Capital. Other participants in the series D funding included Sofina, Lightspeed Ventures and Times Internet Ltd. The new round, which comes within months of a USD 75 million fund raise from Sequoia Capital and Sofina, will be deployed to fuel international expansion in countries like the US and the UK. It already has a presence in the Middle East. This is the first investment of CZI, which was founded by Facebook founder Mark Zuckerberg and his wife Priscilla Chan, in Asia. "The Chan Zuckerberg Initiative supports innovative models of learning wherever they are around the world," said CZIs Vivian Wu, who will join BYJ...
Read More
Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector
8Sep By AnkitaNo Comments
News

Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector

Just Jobs is on a mission to empower the unserved informal sector of India by connecting skill with opportunity. Just Jobs is excited to announce the launch of its one-of-a-kind, fully-featured job portal, Just.Jobs, exclusively designed for entry-level jobs sector. Just Jobs is an innovative staffing startup that connects blue collar job seekers with employers from both households and small-to-medium sized businesses offering job opportunities. Just Jobs, India's most economical, reliable and completely ad-free online job board for blue collar jobs, is in line with the Indian Government's vision of 'Digital India', 'Skill India' and 'Make in India' ventures. It is committed to serve as a neutral facilitator to empower employers and the job seekers connect easily to meet their respective...
Read More
Startups are Hopeless, Will Not Create Enough Jobs: Kishore Biyani
7Sep By NitishNo Comments
Entrepreneurs Talk

Startups are Hopeless, Will Not Create Enough Jobs: Kishore Biyani

Stating that startups are "hopeless" and 90 per cent of them "are not going anywhere", Future Group CEO Kishore Biyani today said. They have been made to look attractive only through daily full-page ads on newspapers. Insisting that the startups must work on a bigger canvas, he said at the current state these new ventures would be too small to create the number of jobs which India requires. "I think 90 per cent startups are not going anywhere. They are hopeless...In next three-four years revenues of these companies would not be more than Rs 3,000 crore to Rs 4,000 crore," Biyani said here at the Economist India Summit. Lashing out at the functioning of these new companies, he said: "I think startup has become sexy because of one page ad everyday (on newspapers). Otherwise I don...
Read More
Simplilearn Appoints Ashish Virmani as VP – Marketing and Categories
7Sep By PriyankaNo Comments
News

Simplilearn Appoints Ashish Virmani as VP – Marketing and Categories

Global ed-tech company Simplilearn has further strengthened its leadership team by the appointment of Ashish Virmani as Vice President – Marketing and Categories. Ashish will focus on driving growth for the business through integrated plans across marketing and category functions. Ashish comes with over 11 years of diversified experience across India’s fastest growing start-ups and established FMCG brands as well. He joins Simplilearn from FreeCharge where he was the Associate Vice President – Marketing. Prior to that, he used to head Offline Marketing initiatives at Flipkart. The appointment is the latest in a series of strategic hires by Simplilearn, as a part of building a strong leadership team for its rapidly growing presence in India, U.S and other markets. In March this year, t...
Read More
Snapdeal Offers Rs 1,000 Cr Collateral Free Loans For Sellers
7Sep By Press Trust of IndiaNo Comments
News

Snapdeal Offers Rs 1,000 Cr Collateral Free Loans For Sellers

Online marketplace Snapdeal has announced collateral-free loans worth Rs 1,000 crore for its sellers ahead of the festive season to enable them to stock up adequately. The loans would be disbursed through its ongoing programme Capital Assist, which is now managed by FreeCharge and is available to all sellers and merchants on Snapdeal, Shopo and FreeCharge, Snapdeal said in a statement here. "The festive season provides an opportunity to our sellers to grow their businesses many times over, with the sharp increase in demand. Through Capital Assist, we have made the funding process frictionless and expect more than Rs 1,000 crore disbursal to Snapdeal sellers ahead of this Diwali season," Vishal Chadha, the Senior Vice President (Market Development) of Snapdeal, said. Snapdeals C...
Read More
Lenskart Raises Funding From Wipro’s Investment Firm Premji Invest
6Sep By AnkitaNo Comments
FUNDING

Lenskart Raises Funding From Wipro’s Investment Firm Premji Invest

Three months after its Rs 400-crore funding, Lenskart has raised an undisclosed amount from Premji Invest, the investment office of Wipro chief Azim Premji. The move will help the online eyewear retailer gain from Premji Invests extensive experience across retail brands, Lenskart CEO and Founder Peyush Bansal said. "It will also help us in our road map go public in the next 4-5 years," he added. Bansal said Premji has a lot of experience on the retail front investing in companies like FabIndia that Lenskart is looking to tap into. Previously, the Ratan Tata-backed company has raised about Rs 714 crore from investors like IFC (venture capital arm of the World Bank), TPG Growth, IDG Ventures, Unilazer Ventures and Adveq. "With this collaboration, the company will be ...
Read More