Snapdeal growth surge gets eBay’s interest

Shilpa Gupta and her colleagues have caught the online shopping bug. Each morning, the human resources staffers for an Indian newspaper try to guess whose purchases will arrive that day. Increasingly, their packages arrive from Snapdeal.com, one of India’s fastest-growing e-commerce sites. The three-year-old startup has caught the attention of eBay, which recently led a […]

Brick and mortar retail biggies logs on to e-commerce

Mumbai –  Brick and mortar retail biggies Madura Fashion & Lifestyle, DLF Brands and Mukesh Ambani-led Reliance Brands are looking to tap the thriving e-commerce space even as specialized online retailers lead the consumer internet story in India. Aditya Birla group’s Madura, which owns brands such as Louis Philippe and Allen Solly, has just gone […]

Snapdeal expects its online sales to cross Rs 2,000 cr in FY14

New Delhi: Online market place Snapdeal.com expects the total sale of products traded on its platform to cross Rs 2,000 crore in the next fiscal helped by its robust growth in the past two years and the growing popularity of e-commerce in India. “We expect the sale of goods on Snapdeal’s platform to cross Rs […]

Timtara plans makeover after facing consumer flak

New Delhi: Online shopping portal Timtara is planning to raise $5 million by April for improving its operations. The company is also working on taking corrective steps to improve its Web site and address consumer concerns. Arindam Bose, Co-founder and Director, Timtara, told Business Line that he was in talks with at least two investors […]

Malls must move beyond shopping to survive in Internet era: Experts

As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that can’t be replicated on the Web like hospital care and government offices. Malls must become more like full-service community centres to survive in the face of a growing list of failed retailers like HMV and […]

E-commerce in India to double to Rs 7,200 crore

Growing at a rate of 40 per cent, the online retail market is expected to double in the next two years to Rs 7,200 crore as social media and mobile phones are driving growth in online sales. The e-retailing market has grown from the size of Rs 1,800 crore in 2011 to Rs 2,500 crore […]

E-commerce portal Limeroad launched in Hyderabad

Limeroad.com, an e-commerce portal backed by a $5 million funding, launched its operation in Hyderabad. The portal is based on a business model where users can create a catalog (wish-list) from the available products on the website and categorise them into party wear, work attire and traditional wear. They can also shop by cities, brands […]

NDTV expands with new subsidiary and ventures into e-commerce market

After successfully marking profits in Q3, NDTV is all set for restructuring. News broadcaster NDTV is setting up a new subsidiary to handle convergence and the technology businesses. In the restructuring process, NDTV Labs will get merged into NDTV Convergence, as a result of which NDTV Ltd. will now have four subsidiaries. The company is […]

E-commerce in India to double to Rs 7,200 crore

Growing at a rate of 40 per cent, the online retail market is expected to double in the next two years to Rs 7,200 crore as social media and mobile phones are driving growth in online sales. The e-retailing market has grown from the size of Rs 1,800 crore in 2011 to Rs 2,500 crore […]

Menswear retail is next big thing in e-commerce

With increasing numbers of image conscious men splurging on clothes and accessories and just not getting the time to go out to shop, online menswear retailing is at an all time high. And e-commerce sites are stepping in to meet the demand. Some hotspots on the web for menswear shopping are Elitify.com, Pernia Qureshi’s The […]