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Quikr trims FY18 cash burn but loss still exceeds revenue
Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has narrowed its net loss for the financial year through March 2018, ....
ShopClues raises $16 mn from GIC, others
Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ....
E-commerce enabler Anchanto raises $4 mn as part of Series C round
Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ....
Why local startups fretting about foreign rivals should consult Jack Ma’s playbook
One of the arguments in favour of protectionism in the Indian e-commerce industry is that China protected its consumer internet ....
Where is Flipkart spending nearly $1 bn from last funding round?
Flipkart is infusing nearly $1 billion in three units in India to take on global giant Amazon in the ecommerce market. Subsidiaries ....
eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....
Exclusive: Tiger Global may be part-exiting Flipkart with 3x return
Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of ....
Flipkart raises $1 bn in down round: Report
Flipkart Pvt Ltd, the Singapore-based holding company of India's largest e-commerce marketplace, has reportedly raised $1 billion ....
Exclusive: Former India head Latif Nathani quits eBay
Latif Nathani, who was heading eBay's India business up until recently, has resigned from the company. Nathani served as the ....
Flipkart may raise $1.5 bn from Tencent and eBay
Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and ....
Exclusive: eBay India's head of product development Ramkumar Narayanan quits
Ramkumar Narayanan, general manager and global head of monetisation products at eBay Marketplaces in India, has resigned from ....
Flipkart in talks to raise $1.5 bn from Microsoft, eBay and others
Home-grown ecommerce major Flipkart is in talks with a bunch of investors to raise a significantly large round of investment as ....
Flipkart may raise funds at lower valuation
E-commerce company Flipkart could be preparing to raise a new round of investment at a significantly lower valuation than its ....
Lenskart losses widen in FY16, revenue jumps
Lenskart Solutions Pvt. Ltd net loss for the financial year ended March 2016 widened to Rs 113 crore as the eyewear retailer spent ....
eBay India revenue triples, losses widen in FY16
The Indian arm of US-based online selling platform eBay Inc has reported a three-fold rise in revenue and a wider loss for the ....
Flipkart, Amazon score closely on e-commerce rankings: RedSeer
Online e-commerce giants Amazon India and Flipkart were neck and neck in terms of ranking, with the latter a few points ahead ....
Oxigen partners with eBay for assisted retail
Payment solution provider Oxigen Services has got into a partnership with online marketplace eBay India, according to a press ....
Instagram to lure users to spend through 'shop now' option
Facebook Inc.-owned photo and video sharing app Instagram is testing a "shop now" button that it will roll out from next week, ....
Facebook launches local commerce tool Marketplace for users to buy and sell items
Social networking giant Facebook Inc. is taking a deeper plunge into ecommerce business with the launch of a new tool christened ....
Exclusive: Intgrea Partners raises $100K in pre-Series A funding
Post merger and acquisition (M&A) integration solution provider Intgrea Partners Pvt. Ltd has raised $100,000 (around Rs ....
Marc Andreessen steps down from eBay's board of directors ahead of split with PayPal
Tech entrepreneur and Silicon Valley venture capital investor Marc Andreessen has stepped down from the board of directors of ....