Mar 02, 2015 04:44 PM IST
The deal by Ola, backed by Japan's SoftBank Corp , is among the biggest in India's startup industry after Flipkart's purchase of Myntra for about USD 300 million in May last year.
- Feb 16, 2015 10:25 PM IST
According to Kunal Bahl, fashion is a very important category for Snapdeal. Over the last two years, the company has seen a 100x increase in its fashion business.
- Feb 12, 2015 11:49 PM IST
Flipkart's Mukesh Bansal believes fashion, which is very large in market size, will grow more than 100%. "We expect fashion to continue to grow in our portfolio this year. Between Flipkart and Myntra, we are happy that we are more than half the market share of all fashion transactions and will continue to grow aggressively this year," he adds
- Feb 11, 2015 10:17 PM IST
The e-commerce giant had recently shuffled its top deck to bring in new talent for the next level of growth. Mukesh Bansal says restructuring is an ongoing process and the focus is on bringing in new leaders into the organization.
- Dec 10, 2014 05:25 PM IST
If ecommerce websites do not turn profitable, private investors backing them may soon run out of patience.
- Nov 03, 2014 10:12 PM IST
Flipkart Vice-President (Marketplace) Ankit Nagori's role has also been expanded and he will now be responsible for books and general merchandise categories as well.
- Oct 07, 2014 02:07 PM IST
Snapdeal was offering products at rock-bottom prices at its hourly Diwali Bumper sales on October 6. It claims to have clocked sales worth Rs 1 crore a minute.
- Sep 05, 2014 04:48 PM IST
In what could signal the first signs of impending consolidation in the fast-growing but competitive ecommerce space, Yebhi.com has turned itself from an online retailer to a products aggregator.
- Aug 21, 2014 10:16 PM IST
The next one and a half yrs will be crucial for Myntra as it gears up to grab a bigger chunk of the fashion retail pie... especially with competition heating up from the other biggie Arvind, which is getting into the personalised styling space as well.
- Feb 28, 2014 10:53 AM IST
US-based online retailer eBay led a group of investors, including Kalaari Capital, Nexus Venture Partners, Bessemer Venture Partners, Intel Capital and Saama Capital to invest USD 133.77 million (about Rs 830 crore) in the New Delhi-based Snapdeal.
- Feb 06, 2014 08:33 PM IST
Since its launch in 2007, Myntra has raised close to USD 75 million from investors, including Accel Partners and Tiger Global. Myntra said: "...raised USD 50 million (about Rs 300 crore) in a financing round led by Premji Invest along with new and existing investors."
- Oct 14, 2013 01:50 PM IST
Myntra's founding team is now half its original size, but the company is showing no signs of slowing down
- Jul 30, 2013 12:09 PM IST
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.
- May 27, 2013 03:14 PM IST
Why most of India's biggest ecommerce companies want to become third-party marketplaces. And why a few are choosing to sit it out.
- Mar 18, 2013 12:17 PM IST
At $100 million, Mukesh Bansal‘s Myntra is already India‘s largest online apparel seller. Now he‘s got Shopper‘s Stop in his sights. Even as Jabong and Flipkart have him in their‘s
- Dec 14, 2012 10:26 PM IST
If you've missed the biggest online shopping festival of the year, don‘t be disappointed. The success of the â€˜global online shopping festival‘ held this week, means we are in store for more such dotcom shopping sprees.
- Dec 12, 2012 10:22 PM IST
12.12.12 is proving to be a memorable day for not just those celebrating their birthdays. It has turned out to be a big day for Indian ecommerce companies as well.
- Aug 20, 2011 05:40 PM IST
E-Commerce sites like Flipkart, Myntra, Snapdeal and Quikr have been slowly doubling their marketing spends, registering a 54% year on year growth in ad volumes. This episode of Storyboard checks in on what exactly is fuelling the growth of these sites.