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Author Archive ‘ Preethi J ’

Exclusive: Another E-com Casualty – Travel Deals Site Vamoose.in Shuts Down

Wednesday, December 14, 2011 | More »

Vamoose Vacations Pvt Ltd (Vamoose.in), which was launched by TravelMart India Pvt Ltd, one of the early travel services providers in the country, has been shut down. The site Vamoose.in is currently offline. Earlier, e-com site Taggle, run by Bangalore-based Taggle Internet Ventures, closed due to...

eTechies To Close $3-5M Series A Soon; New Online Tool Offers PC Repair Estimate

India’s very own ‘Geek Squad’ eTechies.in is close to raising institutional funding to the tune of $3 million-$5 million and the deal is expected to close in January 2012. The Gurgaon-based managed services start-up, which offers technology support to consumers and small offices and home offic...

13 December, 2011 | More »


Excl: ShopClues.com Raises Over $2M From Global Angels

ShopClues.com, the yet-to-be-launched horizontal e-commerce site co-founded by prominent ex-Wall Street analyst Sandeep Agarwal, has raised over $2 million in funding from international angel investors. The angel round of funding came from unnamed international investors who are serial entrepreneurs...

13 December, 2011 | More »


Women Consumers To Drive E-com Growth In India: Ambareesh Murty, Co-founder, Pepperfry.com

Earlier today, Ambareesh Murty’s lifestyle e-commerce start-up Pepperfry.com announced that it had raised $5 million from Norwest Venture Partners. Murthy led eBay India before he resigned in May this year. Prior to eBay, he founded an advisory firm called Origin Resources in Bangalore. I...

12 December, 2011 | More »

Via Bets On Pilgrimage Tours With New Bus Service

Travel services and e-commerce group Via has just launched a new bus tourism service, to tap the pilgrimage tourism opportunity in India. The Indo US Venture Partners and Sequoia Capital backed Flightraja Travels Pvt. Ltd. That runs the Internet site Via, began as an offline B2B travel firm in 2007....

9 December, 2011 | More »

Exclusive: Social Wavelength Raises Second Round Of Angel Funding

Mumbai-based Social Wavelength, a full-service social media agency, has just raised second round of angel fund from four investors including two existing angel investors Sunish Sharma and Jayendra Shah. Sunish Sharma is a former managing director at private equity firm General Atlantic who has recen...

9 December, 2011 | More »

Stars & Start-ups: Karishma Kapoor Invests In Babyoye

Following their global counterparts, Indian celebrities are now reaching beyond endorsements and turning into full-fledged angel investors focused on start-ups. On Wednesday (Dec 7), Karishma Kapoor became the single largest individual shareholder in a niche e-commerce site for new parents called Ba...

8 December, 2011 | More »


Coolage.in Will Be AOL’s Mother Ship In India: Parthasarathy Madhukar, Director, AOL India

In the recent past, AOL has hit the headlines for all the wrong reasons – for the mass exodus of its employees and the bad turn of events at the top technology blog TechCrunch.com which it acquired last year. But the company is still pushing on with its Patch initiative, a network of websites with...

7 December, 2011 | More »


Censor War: Online India vs Sibal

Anything to do with censorship immediately raises the hackles of millions of online, freedom-loving Indians. With films and advertisements, it was easy enough to do – with certifications and heavy penalties to keep them in check. But Kapil Sibal, the country’s union minister for telecommunicatio...

6 December, 2011 | More »

First Casualty Of E-Com Hyper Competition In India: Taggle Is Dead

E-commerce site Taggle.com, run by Bangalore-based Taggle Internet Ventures, has been struggling to survive for some time and it is now officially dead. The company has notified its users that it is shutting shop and has chalked it down to unsustainable price wars. The story was first reported on M...

6 December, 2011 | More »

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