Update:Snapdeal Eyeing to Raise Rs. 2,000 Cr for FreeCharge
Snapdeal talking to investors on to raise Rs.2000 cr for its digital service platform Freecharge.
News:First day of the ‘Big Billion Days’ Myntra sells 5 Lakh units
India's biggest fashion online retailer sells 5 lakh units on first day of big billion day.
News:Top etailers to lend SME’s – seeks permission from RBI
Top ecommerce companies in India seek Reserve Bank of India’s (RBI) approval to offer loans to the Small and Medium Enterprises (SME) listed on their online platforms.
News: Flipkart, Snapdeal, and Paytm gear up for hyper-local delivery
Top ecommerce firms – Flipkart, Paytm and Snapdeal are gearing up to enter into hyper-local delivery. For this they consider investing into hyper-local delivery start-ups that have huge potential to get a crowded business, though in a nascent stage.
News: Ratan Tata to fund anonymous amount in e-tailing startup, Zivame
Ratan Tata, Chairman Emeritus of Tata sons will invest in the latest startup Zivame, the lingerie e-tailer. The e-tailer recently closed a funding round of Series C, raising Rs. 250 Crore from Khazanah Nasional Berhad, Government of Malaysia’s strategic investment fund and Zodius Technology.
News:Flipkart in talks to bag digital mapping company, MapmyIndia
Flipkart, the ecommerce giant is in talks to bag a digital mapping company, MapmyIndia. This deal is expected to strengthen the customer analytics and logistics of Flipkart.
News: Mobile wallet companies to collectively spend Rs. 700 Cr for ad blitz
After online retail giants like Amazon, Snapdeal and Flipkart, it is the turn of mobile wallet companies that are trying to attract customers with offers and discounts by splurging on ad blitz.
News: Snapdeal bags Reduce Data, a Silicon Valley startup
Snapdeal, a leading ecommerce platform, acquires Reduce Data, a Silicon Valley Start up, that has a programmatic display advertising platform that leverages real-time data, artificial intelligence and other tools.
News: Zomato Enters the Last-Mile Delivery Business with Zomato Order
Zomato Order enables restaurants from every corner of India to deliver food at the customer’s home. Read more...
Online retailers will now verify your identity before shipping goods
Online retail giants – Flipkart and Snapdeal are in talks with companies that can help them to verify the identity of the consumers before they dispatch the orders.
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