Flipkart Raises Funds, Tightens Market Grip

As I clicked on yet another “buy this product” button on Flipkart, I could not help but think about the success story that the online shopping portal has etched on the global and most importantly Indian entrepreneurship landscape. Two partners started battling it out against all odds and making it big despite numerous hindrances, policy maneuvers by the policy makers and myriad technology overturns....
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Flipkart Launches Digital Music Store Called Flyte

Flipkart, the leading Indian e-commerce player is on a roll these days. Close on the heels of their acquisition of LetsBuy.com, they have rolled out their digital music download service called Flyte. It was an open secret that Flipkart was working on a music offering for some months now.Finally, we can try it out. Here’s how it looks.The service has all kinds of artists and albums ranging from...
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Special Feature: Flipkart – A leader In The Indian E –Commerce Sector?

We are looking today at the greatest success story in the online retail sector in India.Yes, who else but Flipkart! Flipkart is currently the absolute online retail leader in terms of scale and valuation in India. They recently raised $150 million from Tiger Global which raises their valuation to $850 million. Not bad for a company which was started in the founder’s apartment with a starting capital...
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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 launched in July 2009 and had a venture capital inflow from firms like Helion Venture Partners, Accel Partners and Tiger Global. Flipkart has been on an acquiring spree for quite a while now. Just recently,...
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Welcoming Hitesh Dhingra, Founder Of LetsBuy.com As A Speaker At WATSummit 2012

E-commerce is growing at a phenomenal pace in India and there is still a whole new frontier to be conquered. So many startups are trying to bite into the e-commerce pie and it is important that we should gain some insights from the ones that have been the most successful. We are proud to welcome Hitesh Dhingra, Founder of LetsBuy.com as the speaker at the panel titled, ‘E-Commerce – The New...
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Baby Care Products Portal Hoopos.com Gets Funded From Helion Venture Partners

With the rapid e-commerce  growth in the country and number of private equity firm investing in the Indian market, consumers are connecting with the virtual world actively. And the proof of that is right in-front of our eyes as after investing $6 million into redBus.com and LetsBuy.com, it is now announced that Helion Venture Partners have invested an undisclosed amount into retailing start-up...
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RedBus Raises $6 Million In Funding From Helion Venture Partner, Inventus Capital Partners & Seedfund

RedBus.in which is run by Pilani Soft Labs. Pvt Ltd have raised $6 million Helion Venture Partner, Inventus Capital Partners, Seedfund.From Seedfund redBus.in has raised $1 million earlier and it was also reported that Inventus Capital was planning to invest in redBus.com. This is a third round funding received by redBus.in after reaching the milestone of selling 3 million tickets. In the past, redBus.in...
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$4 Million Invested By SAIF Partners Into An Online Kids And Product Retailer, FirstCry.com

SAIF Partners have invested $4millions into an online kids and baby product retailer called, FirstCry.com. The investment is going to be utilize in hiring people, building warehouses, increase the product range to 15,000 by the year end.FirstCry.com is a six-month old statup which has partnered with 100 brands like Mattel, Funskool, Hotwheels, Disney, Barbie, Zapak. It also offers a range of 4,000...
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LetsBuy.com Raises $6 million from Helion, Accel and Tiger Global

LetsBuy.com, a consumer electronics, communication and computer goods retailer has just announced that it has raised $6 million in its first round of funding from Helion Venture Partners, Accel Partners and Tiger Global – who were early investors in MakeMyTrip and Facebook and LinkedIn. The site was launched in July 2009, and has managed to gain traction in Metros, Tier II and Tier III cities.Indian...
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