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Crownit secures funding from FreeCharge, Freshdesk founders

Gurgaon based Crownit, the local merchant discovery and privileges platform, recently announced that the company has secured undisclosed amount of funding from the founders of some leading tech companies. FreeCharge founders Kunal Shah and Sandeep Tandon, Freshdesk founder Girish Mathrubootham...

Snapdeal secures Rs 140 crore from Luxembourg’s Clouse SA

Jasper Infotech Pvt. Ltd, which runs e-commerce firm Snapdeal, has reportedly received a top up of Rs 140 crore($21 million) as part of its previously announced funding round from Luxembourg-based firm Clouse SA. In February this year, Snapdeal announced it...

Annualised GMV for e-commerce firms in India dips 10 pc in Q2

Annualised GMV for e-commerce companies in India fell 5-10 per cent in the second quarter of 2016 to US$13 billion, impacted by fewer discounts by players like Flipkart and Snapdeal, research firm RedSeer said. "While there was a strong growth...

Retail Mantra: Look to customers, not investors

It is quite likely that most e-commerce start-ups being hatched in coffee shops of Bangalore – which are based on general merchandise retail – are already doomed. They need to search out new areas to service new customer needs...

Snapdeal shuts Exclusively.com, integrates it within itself

E-commerce major Snapdeal has completed the integration of Exclusively, a marketplace for premium branded fashion and lifestyle products, within itself. With the integration, the entire catalogue of Exclusively.com, including fashion and lifestyle products, footwear, and accessories will now be available on Snapdeal...

Ecom Express to triple shipments to 150 million units this fiscal

Ecom Express, the Warburg Pincus-backed logistics services firm, is aiming to triple shipments to 150 million units this fiscal, riding on rapid e-commerce sector growth in the country. According to a PTI report: The Delhi-based company, which now covers all...

Online VS Offline: The Independence Day discount wars

As India readies for its 70th Independence Day, the country’s online and offline retailers have decided to battle it out with a slew of offers and discounts in a bid to make the most of patriotic sentiments of consumers. The long...

Big Bazaar joins hands with Snapdeal for its Maha Bachat Days

Kishore Biyani- led Big Bazaar has tied up with Delhi-based Snapdeal for its annual Maha Bachat Sale. As part of this partnership Big Bazaar’s Maha Bachat deals will be available online exclusively on Snapdeal from August 13 to 17,...

Snapdeal sets up 6 logistics hubs across Delhi-NCR, other cities

E-commerce major Snapdeal has set up six mega logistics hubs across Delhi-NCR and other cities to strengthen its warehousing and delivery operations ahead of the festive season. According to a PTI report: The new centres, 3 in Delhi-NCR and one...

Flipkart denies lay offs; says sometimes people just choose to leave

Dismissing the reports about giving pink slips to the under performing employees, India's largest e-commerce player, Flipkart says the company is not laying off but letting go employees who choose to leave. In an email response to a query, the...
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How Recommerce Can Revolutionize E-Waste Management

Recommerce offers a sustainable approach by refurbishing and reselling used electronics, thereby extending their lifespan and reducing the overall...
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