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Flipkart To Buy LetsBuy.com: A Marriage Of Convenience?
The Indian Digital Review reports that Flipkart is going to buy LetsBuy.com. The actual announcement will be made in a few days. This is exciting news for the e-commerce space in India.
LetsBuy.com...
Flipkart Not Threatened By Amazon’s Junglee
Amazon has finally entered India by introducing their online marketplace called Junglee.com. This is not a direct competition to e-commerce players in India but Amazon is the big daddy of e-commerce around...
Flipkart Valued At $ 850 Million! Scores 150 Million From From Accel Partners, Tiger Global
Looks like the enthusiasm of Sachin Bansal is shared by Accel Partners & Tiger Global Management, who have pledged US$ 150 Million to the company. This fourth round of funding takes the Valuation of...
10 Times Growth A Firm Possibility Reveals Flipkart CEO: Whats Their Secret?
Sachin Bansal, CEO Flipkart, is confident at achieving 10 fold growth in revenue this year.
Mr. Bansal recently confirmed in a statement, “In terms of revenue, we are looking at Rs. 500 Crores to Rs....
Online Shopping Surges In India, Reveals ComScore
comScore recently released a report on the retail and coupon sites visited by Indians in the past month. The report suggested that the online shopping scenario in India is improving and the number of people...
Flipkart Acquires Bollywood Content From Chakpak.com: Pursuits Of A Different Kind?
Flipkart seems confident of reaching its goals & has accordingly has bought the rights to Chakpak.com’s digital catalogue. Though the acquisition was done privately some months back, it has been...
Flipkart Expecting A Massive Surge In Sales This Year
Flipkart has become truly huge in India to the point where some people we know are only shopping on it without going out to a store at all. The convenience it offers is unparalleled and their logistics...
New TRAI SMS Regulations Affecting Small Businesses
The new TRAI regulations governing SMS’s in the country made people sigh in relief everywhere. Gone were those days of pesky SMS’s intruding people’s life at the most unusual of times with inane...
Flipkart To Start Digital Distribution Of Media; Acquires Mime360
What started as a simple online bookstore, soon spread its wings to electronics & gadgets & now Flipkart has moved onto the next evolutionary step of digital distribution of multimedia content.
Flipkart’s...
SMS GupShup Named Among The Top 20 Global Start- Ups Along With Flipkart, Redbus.in, Just Dial & InMobi
India’s group messaging company and social network, SMS GupShup is now named amongst the Top 20 Global start- ups, according to the Business Insider.com.
Recently, SMS GupShup crossed 2 billion messages...
Facebook’s Early Investor Accel Rolls Back Major India Plans
Premier Venture Capitalist firm Accel Partners, best known for their initial investment in Facebook, Macromedia, Spotify, walmart.com, etc. has decided to rollback plans of a $400 million seed capital...
65 Million Internet Users To Propel India’s E-Commerce Success Story
JuxtConsult’s latest research puts the number of active Internet users in India at 65 million (or 6.5 crore), up 28% from 2010. 6.1 crore were regular users, and urban users aggregated 4.6 crore. Also,...
Tata Croma To Launch An Online Store
At last Tata Cromo is going to do that. Yes, the electronics megastore, under the aegis of Infiniti Retail Limited, a 100% subsidiary of Tata Sons will be venturing into online retailing space after almost...
AIIMS Starts E-Book Facility For Doctors And Students
AIIMS, the sixty nine year old finest health institute in the country just set a new example by starting an e-book facility for all resident doctors and students. The service will be accessible via Wi-Fi....
Is Amazon Entering India?
Hiring of a prominent Landmark (retail chain) Executive, Madhu M has resulted in speculations that Amazon is entering India, the company has been testing Indian market since last four months. Madhu M,...
Flipkart Raises $20 Million From Tiger Global
Flipkart which is often said to be the Amazon.com of India has raised $20 million in third round of funding from existing investor, Tiger Global the Economic Times reports. The funds would be used for...
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