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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...

Flipkart acquires Jabong: E-commerce crying for consolidation, say experts

Flipkart-owned Myntra on Tuesday announced that it has acquired Jabong from Global Fashion Group for $70 million, a move that marks further consolidation in India’s booming e-commerce industry. With this move, Flipkart is clearly trying to preserve its position as India’s No.1...

Myntra's Jabong: Then and now

The race to buy online fashion retailer Jabong has finally come to a conclusion, with Flipkart’s unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal. With Jabong in its...

Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group

The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal. Flipkart Ltd has acquired Jabong through its unit Myntra...

Top Spot Race Continues: Amazon beats Flipkart in app downloads

The war between Flipkart and Amazon is becoming more cut-throat with Amazon India pipping homegrown Flipkart and emerging as the most downloaded retail mobile app in India on Google Playstore and Apple's App Store in the first quarter of 2016. According...

Rocket Internet's GFG raises $33 million

Global Fashion Group, which houses six international fashion e-tailers including India's Jabong, today announced that it has raised an additional $33 million topping up its April round this year when it raised $330.9 million at a sharp valuation drop...

The growing Indian luggage market packs a punch

Expanding retail chains, booming e-commerce and nationwide sales networks have led to growth in an unusual sector - the Indian luggage market. The segment - which is growing around 18 per cent CAGR - is extremely streamlined and is looking at a good...

Nectar to bring sweetness to shopping from 50m online shoppers in India

Aimia Inc has launched an e-commerce loyalty program in India, modelled on the online loyalty component of Nectar, UK’s largest loyalty program. This move will benefit over 50 million online and mobile shoppers in India. Shoppers can now search as...

Funding and investment in Indian fashion

Fashion is one of the fastest growing sectors in India and it is no surprise then, that this space has been generating a lot of investor interest over the last few years. 2015 in particular was a great year for Indian...

Jabong expects 20-30 pc growth this fiscal: CEO Sanjeev Mohanty

Online fashion retailer Jabong, which is reportedly on block for sale, said it expects to clock 20-30 per cent growth in sales this year as it charts a turnaround in business. According to a PTI report: Stating that he is...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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