As the industry is moving from offline to online, none of the above is being catered. Even the biggest fashion stores offer only the collection of apparels and rest is for the customers to figure out. Fabulyst is a deep tech solution in fashion commerce. The technology emulates a personal stylist…
Tag: ECOMMERCE
How Cisco can win big from small businesses
IDC forecasts that small and medium-sized businesses, or SMBs, are going to spend $668 billion on IT products and services in 2020, as compared to $564 billion last year, outpacing the growth of the overall IT market. One of the ways to take advantage of this market is through Cisco, as it has be…
Hedge funds fleeing Indian start-up market
Hedge funds were all over the Indian startup scene last year. Look around now and it will be hard to spot one. They have simply fallen off the cliff in 2016. There have been only 10 deals involving hedge funds in the first three quarters of 2016, compared to 50 deals in the same period […]…
How a Bengaluru bookseller weathered the e-Commerce storm & opened his 2nd-used books store
Over the last few years, book lovers have got accustomed to wringing their hands (metaphorically), sighing deeply and writing nostalgic obituaries over the closure of yet another of their favourite haunts — whether it’s Fact & Fiction in Basant Lok in New Delhi or Premier Bookstore in Bengalu…
Finance Ministry backs easing curbs on FDI in e-Commerce
The Finance Ministry has backed the scrapping of restrictions on ecommerce companies that have overseas investment, such as those on directly offering discounts to customers, said an official. “This condition (directly or indirectly influencing discounts) is arbitrary,” the person sai…
JustLikeNew.in raises $500k from angel investors
Smartphone repair e-commerce platform JustLikeNew.in said it has raised funds worth USD 500,000 (about Rs 3.3 crore) through LetsVenture.com, from angel investors Mindtree Executive Chairman Krishnakumar Natarajan and former Oracle India MD, Sandeep Mathur. Existing investors Aneesh Reddy and Vik…
Analytics firm Zeta to invest $50 million in acquisitions
American big data and analytics firm Zeta Interactive plans to spend $10-50 million as it scouts for acquisitions in India. The Blackstone-backed company, which is valued at $1 billion, plans to buy out an Indian firm that will help it get on board local clients in sectors such as financial servi…
Dreamworld Digital in talks with private equity companies to raise upto $5-6 million
Ecommerce startup Dreamworld Digital, which runs online retail store BollyWoo.ooo focused on Bollywood fashion and trends, is in talks with three leading private equity players to raise $5-6 million, Founder Vinayak Kalani said. The company wants to use the funding to expand from apparels busines…
Aramex invests in Grab.in and Logisure to bridge last-mile delivery
Global logistics service provider Aramex has invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the ecommerce segment in India. The company has committed to invest Rs 20 crore in Zomato backed last-mile delivery company Grab a Grub, w…
Startups see uptick in funding as investors return to Hyderabad
Startups in Hyderabad are seeing an uptick in funding as investors return to the city after a hiatus caused in part by the political instability in the region. According to Tracxn, which collects data on the Indian Startup industry, 25 Hyderabad-based ventures have been funded so far this year, c…