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Chinese handset retailer to buy 49% in Spice Online for $2.5 mn

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15 June, 2016

Chinese handset retailer to buy 49% in Spice Online for $2.5 mn

Beijing Digital Telecom Co Ltd said on Wednesday it has agreed to acquire a stake in the online retail arm ......

Amazon to invest $3 bn more in India

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09 June, 2016

Amazon to invest $3 bn more in India

Amazon.com Inc plans to invest $3 billion more in India, founder and CEO Jeff Bezos said, as the US e-commerce ......

Malaysia's Axiata Digital invests $16 mn in e-commerce enabler StoreKing

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08 June, 2016

Malaysia's Axiata Digital invests $16 mn in e-commerce enabler StoreKing

Malaysian telecom operator Axiata Group Berhad has invested $16 million in Bangalore-based StoreKing, an e-commerce startup that helps retailers to ......

Student micro-loan startup KrazyBee gets seed funding from Chinese firms

Technology

07 June, 2016

Student micro-loan startup KrazyBee gets seed funding from Chinese firms

Student micro-loan startup KrazyBee.com, run by Bangalore-based Finovation Tech Solutions Pvt Ltd, has raised $2 million in seed funding from ......

Intel Capital exits 123Stores.com parent IntraSoft

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03 June, 2016

Intel Capital exits 123Stores.com parent IntraSoft

Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has exited its over eight-year-old investment in IntraSoft Technologies ......

Jabong grew again in Q1 but slower than it claimed earlier

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31 May, 2016

Jabong grew again in Q1 but slower than it claimed earlier

Rocket Internet-incubated fashion e-commerce venture Jabong that hit a speed bump in the second half of 2015 has begun the ......

Morgan Stanley marks down Flipkart again

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27 May, 2016

Morgan Stanley marks down Flipkart again

Indian e-commerce firm Flipkart has suffered its fifth markdown after a mutual fund managed by global financial services firm Morgan ......

Snapdeal chief product officer Anand Chandrasekaran quits within a year

Technology

24 May, 2016

Snapdeal chief product officer Anand Chandrasekaran quits within a year

Anand Chandrasekaran has quit as the chief product officer at Snapdeal after less than a year with the e-commerce company ......

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E-commerce aggregator Baggout eyes funding from IAN, others

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23 May, 2016

E-commerce aggregator Baggout eyes funding from IAN, others

S.B. WebTech Pvt Ltd, which operates product aggregation and cashback website Baggout, is in talks to raise funding from the ......

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I would have never invested in Flipkart or Snapdeal, says Rajeev Chandrasekhar

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17 May, 2016

I would have never invested in Flipkart or Snapdeal, says Rajeev Chandrasekhar

Rajeev Chandrasekhar is not someone who would blindly follow a trend that might fascinate everyone around him. Even when that ......