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Parsel marks forward integration with Accord Ecom acquisition

Mumbai-based logistics services provider Parsel Technologies has reportedly acquired Accord Ecom Solutions Pvt Ltd, a third-party logistics provider, for an undisclosed amount. "Following the acquisition, Accord Ecom’s delivery assets and manpower will continue operations under the brand name Parsel," Parsel,...

Flipkart reports Rs 2000 cr loss in FY2015

Flipkart India Pvt. Ltd and Flipkart Internet Pvt.Ltd, two entities controlled by India's e-commerce major Flipkart, havr reported a loss of Rs 2000 crore in the year ended march, as per some of the media reports, citing regulatory filings. The...

Can Flipkart, Snapdeal make money via ad revenues like Alibaba?

Online marketplace Snapdeal has launched a new platform called ‘Snapdeal Ads’ to enable its 2,00,000 sellers get their products discovered and thereby sales through targeted advertising tools. The tool developed in-house will allow the seller community to reach customers through...

Grofers raises USD120 mn in series C funding from SoftBank

Gurgaon-based hyperlocal delivery start-up Grofers has raised USD120 million (Rs 800 cr) in latest funds largely from Japan’s SoftBank Corp. Apoletto Asia, the personal investment vehicle of DST Global's partners, Russian billionaire Yuri Milner, and existing investors Tiger Global...

Amazon wins festive season battle, registers over 20 cr visitors in Oct: comScore

As e-commerce majors battled it out during the Sep-Oct festive period with lucrative discounts and offers, Amazon India logged the maximum number of visitors on its web and mobile sites in October at over 20 crore visitors, as per...

Snapdeal unveils 'professional services panel' for sellers

Snapdeal has announced the launch of ‘Professional Services Panel’ on its site to support its growing sellers ecosystem. The panel will reportedly provide an easy access to services like tax registration, photography, cataloguing, business consulting and outsourcing support from verified...

From app-only to website: Voonik goes back to basics

At a time where some e-commerce players are ditching the desktop experience to go app-only, Voonik, a fashion marketplace for women, has announced the launch of its new desktop experience (website). Voonik launched its app in August 2014 and boasts...

Snapdeal launches fashion forecasting service for sellers

Adding a yet another feather to its sellers oriented initiative, Snapdeal today unveiled Snaptrends – an online future-defining, fashion trends forecasting service for its sellers. This fashion forecasting service will enable small and medium-sized manufacturers and businesses to get access...

Snapdeal responds to Flipkart Lite with ‘Snap-lite’

A few days after Flipkart re-launched  a mobile version of its website -- to give users an experience close to that of a mobile app — arch rival Snapdeal has announced the launch of Snap-lite. The Delhi-based e-commerce major has...

Online players bolster Maggi's comeback

As Maggi stages a comeback on retail shelves after a wait of five months, some online players are leaving no stone unturned to create its recall in a big way. Where online marketplace, Snapdeal, took a 'flash sales' route to...
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New York-based fashion brand Waimea to expand offline in India

The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including...
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