The investment firm is said to be interested in Indian telecommunication and aviation space and the IT minister has assured the company of a conducive business climate in India.
Shantanu Dasgupta, vice president-corporate affairs and strategy-Asia South, Whirlpool, says the demand hasn‘t been as good as the kind seen in 2010, but in comparison to 2012 levels, there has been a slight pickup.
Raja Lahiri, partner, Grant Thornton, says the market has seen inbound deals as well as strong domestic deals in the past 9 months.
Funded by easy equity money, ecommerce websites can continue to undercut prices, much to the chagrin of traditional retailers.
Flipkart's 'Big Billion Day' sale on Monday, that offered steep discounts on various products, has raised concerns among small and big traders that such campaigns would badly affect players in the traditional retail market.
Futhermore, he adds that the e-commerce and dot com space is one of the favourites among private equity players.
Snapdeal, which has raised about USD 400 million since its inception, has invested about USD 100 million in logistics and operations to expand its presence in the USD 3 billion Indian eCommerce market.
Encouraged by the rapid growth in the Indian online-shopping industry, logistics firms are set to embark on a series of activities, including capital-raising, to make the most of it.
A writer, a motivational speaker and a serial entrepreneur, Naveen Lakkur joined hand with US based entrepreneurs to co-found Compassites Software Solutions in India in 2006. It is a technology services firm that works in the space of big data, cloud computing and now even eCommerce.
Few companies have managed to crack the online grocery challenge, a hyperlocal business. Can Bangalore's Zopnow break the jinx?
flipkart.com , india's largest ecommerce retailer, announced on July 10 that it has raised $200 million in its fifth round of venture funding from existing investors Naspers, Accel and Tiger Global.
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The makers of Indian handicraft are known for their perfection of craftsmanship, excellence of design and an unsurpassed sense of colour.
Despite the government throwing open multi brand retail to foreign direct investment, the liberalization has been limited to traditional brick and motor stores. The entry of foreign owned online ecommerce platform continues to be restricted or atleast is mired in all shades of grey.
The Reserve Bank is open to looking at increasing the limit on international e-commerce transactions currently set at USD 3,000, a top official said today.
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With the growing internet penetration in the country the Indian e-commerce industry is beginning to enter a new phase. More and more start ups are looking at ways of biting into the e-commerce pie. But is there room for all?
Solution enables rapid deployment of customised eCommerce solutions for FX and other asset classes.
The multilingual ecommerce portal has launched India's first mobile application for health and term insurance comparisons.
Amazon's finally setting up shop in India and they're calling it Junglee.com. The e-commerce site will focus ...
Snapdeal.com, the site where you can access deals and discounts in your city, has launched a WAP site to allow ...
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The year 2011 has witnessed phenomenal changes in how we consume digital data, be it social network, net banking, purchasing goods or accessing information.
EBay Inc is set to deepen its relationship with social network leader Facebook at a developer conference this week, a person familiar ...