More thrust on fashion, more buyers to buy online this Festive Season: claims Survey

Festive season brings more than a glint of hope not only for the e-commerce players but also for scores of startups. They obviously crave for higher sales volumes and a good spike in revenue that will eventually help them to fulfill their growth ambitions. Every year the festive season of Diwali has traditionally proved to…

ByGirish ShettiOctober 16, 20200Comments

Acquisitions

Flipkart acquires Walmart’s Cash & Carry Wholesale Business

Flipkart has acquired 100% stake in Walmart India Pvt Ltd, which operates cash and carry stores in wholesale format across India. Notably, Walmart India Pvt Ltd is owned by Flipkart’s parent company and this specific transaction comes under the category of’ reverse acquisition’ or reverse ‘buyout.’ Apparently, Tata Group was reportedly in talks to pick a…

ByGirish ShettiJuly 23, 20200Comments

News

To simplify shopping, Fynd launches AR solution GlamAR

Fashion e-commerce startup, Fynd, on Monday announced the launch of an augmented reality solution called ‘GlamAR.’ The Reliance backed company claims that this new AR solution will help offline retailers to propel their sales. A visual try-on solution, GlamAR aims to help retailers in creating visual product experience for their loyal as well as new…

ByGirish ShettiJune 15, 20200Comments

Funding News

Amid Lockdown, Flipkart receives internal funding of $62 Mn

E commerce major Flipkart has received internal fund infusion of $62 Mn from its parent company Flipkart Pvt. Ltd. Following this fresh fund infusion, Flipkart’s internal funding via its parent company has now reached almost $2 Bn. E-commerce major Flipkart has received internal funding of $62 Mn. As part of the same round, PhonePe also received $28…

ByGirish ShettiApril 28, 20200Comments

Business oriented

E-commerce: The next big overhaul through technology

This guest post article has been written by Suroor Wijdan, Founder of Xencov Software. Xencov is a tech company that provides end-to-end product engineering services like UI/UX design, mobile application development, managed cloud services, 2D native mobile/web game development, and product development for their clients. In the e-commerce world, things like the selection of products,…

ByGirish ShettiMarch 23, 20200Comments

News

Reliance Retail has Grand E-commerce Plans for kirana Stores: Report

India’s richest man, Mukesh Ambani, is reportedly planning to foray into B2B ecommerce focusing on retailers and kirana stores. An economic times report claims that Reliance Retail – the retail unit of Reliance Industries – is planning to disrupt the digital wholesale marketplace on the same level as Alibaba has done in China. The company…

ByGirish ShettiApril 13, 20190Comments

News

Small Sellers may give miss to e-commerce festive sale

This week Flipkart and Amazon will start their annual sales festival and with it will mark the beginning of India’s biggest e commerce festival season. However, this time India’s biggest online shopping festivities may be marked by the conspicuous absence of small sellers. This is because there is noticeably less excitement among small sellers for…

ByGirish ShettiOctober 9, 20180Comments

News

Flipkart Marginally Increases Snapdeal’s Bidding Offer to $850 to $900: Report

E commerce major Flipkart has made a renewed and probably a last ditch effort to acquire Snapdeal by increasing its bidding offer, according to two sources close to the development. The exact offer made by Flipkart is still not known, but several media reports are quoting the latest offer to be between $850 to $900…

ByGirish ShettiJuly 18, 20170Comments

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