After government's ban on discounts, online retailers exploring new strategies to woo customers
Etailers are now looking at new sops such as pre-approved loans, faster delivery models, and improved service for repeat buyers.
Why was Uday Kotak missing from this event?
Not only was the Kotak Mahindra executive vice chairman not in town that evening, but his calenda...
ShopClues expects 40% revenue from mobile
Around 40,000 merchants are selling on the website and the company plans to increase it to 1 lakh b...
Flipkart sellers threaten revolt over return policy; say will either exit or remain inactive
Flipkart recently decided to increase sales commission it levies on merchants as well as shipping fee, a reverse shipping fee, & collection fee on product returned.
Hyperlocal firm Zopper acquires software company EasyPoS
The move is directed at raising additional revenues via point of sale solution and increasing stickiness in the network of small and medium businesses.
ShopClues adds 1.69 lakh sellers in 8 months; eyes $1.2 billion GMV
The company, which competes with the likes of Flipkart, Snapdeal and Amazon, also aims to increase its GMV to USD 1.2 billion by the end of March 2016.
Ecommerce majors like Amazon, Paytm, Shopclues aim B2B for steady revenue
A Walmart study valued the Indian B2B market at $300 billion in 2015 with a potential to grow to $700 billion in 2020.
Unboxed items a hit in small towns
Seventy per cent of the demand for used or unboxed mobiles, tablets and laptops now comes from these smaller cities, such as Hisar and Nashik.
How startups like Urban Ladder, Wego and others are taking care of employees' work life balance
The risk of startup employees’ work-life balance taking a beating is a very real one, and in recent times it has become more tangible.
Flipkart to cut expenses and earn gross profit ahead of festival season
Flipkart is racing to cut expenses and earn a gross profit ahead of the festival season, when demand for big discounts will renew the fractious battle.
EasyPolicy raises Rs 15 crore from Ronnie Screwvala's Unilazer and others
EasyPolicy, online ecommerce company in the insurance web aggregation space has raised Rs 15 crore from Ronnie Screwvala's Unilazer and other investors.
Citrus Pay reaches $3 billion in gross merchandise value
Mumbai based wallet company Citrus Pay through the Citrus Shopping Festival between January 4 to 11, 2016 reached the gross merchandise value of $2.5 billion.
Sony to get around 20% of IPL ad revenue from mobile handset makers such as Vivo, Lava, Micromax
Brands such as Oppo, Vivo, Lava, Micromax and LYF, in addition to advertising during the T20 league matches are also sponsors of six of the eight teams.
ShopClues aims Rs 100-cr refurbished phone sales in 4 months
ShopClues, which has recently entered into refurbished smartphones segment, expects sales worth Rs 100 crore in the next 3-4 months from the category and gradually expand into laptops, tablets and other devices.
Shopclues says valued at $1.1 billion after GIC investment, plans IPO in 2017
Existing investors including New York-based hedge fund Tiger Global Management and Nexus Venture Partners participated in this round of funding.
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