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Festive season sales by e-commerce majors violating FDI norms: CAIT

Traders' body Confederation of All India Traders (CAIT) has alleged that e-commerce firms such as Amazon, Flipkart and Snapdeal are violating FDI norms by holding forthcoming festive season sales and it has complained to the Commerce Ministry. "These companies solicit...

Snapdeal is India's cheapest mobile phone online retailer: Report

The ongoing war between e-commerce biggies (Snapdeal, Flipkart and Amazon) to provide the best deals at lucrative prices has further warmed up with Snapdeal becoming the cheapest online store of mobile phones in India. According to the study conducted by...

PepperTap taps into consumer safety with new features

In order to raise the bar for consumers' safety and convenience, hyperlocal grocery deliver startup PepperTap has launched two new features -- Number Disguising and Order Modification -- on its mobile app. With the Number Disguising feature, the company ensures...

Snapdeal invests USD 20 million in logistics firm Gojavas

Snapdeal has invested an additional USD 20 million (about Rs 131 crore) in logistics and delivery services venture GoJavas, the New Delhi-headquartered company announced today.The latest fund infusion is the second such for Snapdeal in GoJavas, and comes seven...

Flipkart's hyperlocal delivery app 'Flipkart Nearby' touches 5k downloads

With grocery delivery being an in-favour category with Indian e-tailers, domestic e-commerce giant Flipkart has also entered the category with the launch of 'Flipkart Nearby'. The services, launched silently over the weekend on Google Play Store, has already reached around...

Freecharge to adopt Aadhar as KYC for its m-wallet

Online recharge and utility payments platform Freecharge is adopting Aadhaar as the primary KYC (Know Your Customer) tool for opening and upgrading wallets. FreeCharge said in an official release that consumers who enrol for a wallet with Aadhaar authentication can...

PepperTap raises USD 36 mn in Series B funding, additional USD 20 mn expected

On-demand hyperlocal grocery delivery service PepperTap has closed a Series B funding round of USD36 million. The latest funding round was led by Snapdeal along with existing investors Sequoia India and SAIF Partners, the company said. The funding also saw...

Snapdeal's 'preview Monday sales' records 10X increase in sales revenue

Online commerce major Snapdeal, which started its festive season sales much ahead of its rivals with 'Preview Monday Sales', has received a first-mover advantage with its sales revenue recording a 10X increase by Monday, September 28th afternoon. The company says...

Snapdeal launches SD Advisor Programme for sellers

While undoubtedly customer is king, e-commerce majors are now increasingly realizing the need to strengthen and support the sellers on their platforms. Where Amazon India is giving a digital platform to Indian sellers via Kirana Now and Amazon ChaiCart, Snapdeal...

DealsnPrice app aims to benefit consumers with lucrative cash back offers

Price comparison and coupon website, DealsnPrice.com has launched a mobile app that aims to provide cashback to consumers for downloading and trying utility apps & games. The app, which is currently available on Google Play Store, provides a simple yet...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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