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Posts Tagged ‘ Kishore Biyani ’

Delhi-NCR startups lead funding activity in tepid week

Saturday, November 12, 2016 | More »

startup data
Startup funding activity was muted this past week as only six startups raised venture capital and two companies secured angel or seed-stage investments. The big-ticket deals involved two Gurgaon-based companies–property search aggregator Square Yards Consulting receiving $12 million in venture...

Craftsvilla founder Manoj Gupta

Aim to turn profitable in six months, says Craftsvilla founder Manoj Gupta

Ethnic products e-tailer Craftsvilla has raised nearly $53 million from marquee investors such as Sequoia Capital, Nexus Venture Partners and Lightspeed Venture Partners. But the five-year-old startup, run by Kribha Handicrafts Pvt. Ltd, isn’t looking to mobilise more money anytime soon. Instead, ...

26 September, 2016 | More »

Kishore Biyani

Future Group to shut online venture Big Bazaar Direct

Future Retail Ltd, which houses a string of retail chain formats, has decided to shut its online venture Big Bazaar Direct, according to a media report. Business Standard, which reported the development, cited Future Group CEO as saying over the weekend that Big Bazaar Direct will be closed within a...

30 August, 2016 | More »

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Why Big Bazaar tied up with Paytm

Kishore Biyani has been extremely critical of the business model followed by e-commerce companies in the past. The founder and group CEO of one of India’s largest organised retailer Future Group, however, cannot close his eyes to the potential of e-commerce and the ever-growing base of custome...

5 August, 2016 | More »

Big_bazar_fe

Future Group ties up with Paytm to take Big Bazaar online

Retail company Future Group has tied up with mobile payments and commerce platform Paytm to enable Paytm users to shop for Big Bazaar merchandise on the online marketplace and get it delivered to their homes. The tie-up will make Big Bazaar the anchor store on the Paytm marketplace. Further, custome...

4 August, 2016 | More »

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Rocket Internet, others invest in BedBathMore.com

Home décor portal BedBathMore.com, which is operated by  Mumbai-based Home Craft Online Pvt. Ltd, said it has raised an undisclosed amount of funding from a group of investors that included Rocket Internet, as it aims to strengthen the platform and enhance the user experience, according the firm...

16 May, 2016 | More »

FabFurnish

Future Group to acquire FabFurnish.com

Future Group has agreed to acquire Rocket Internet-backed online furniture and home furnishings store FabFurnish.com in an all-cash deal that marks the Kishore Biyani-led retail conglomerate’s first acquisition in India’s growing e-commerce sector. Future Group, which runs an offline furniture s...

6 April, 2016 | More »

Kishore Biyani

Some categories will do well online but e-com euphoria won’t last long: Biyani

Kishore Biyani, chief of India’s second-largest retail group Future Group, said on Monday that there are some categories such as mobile, watches, footwear and select clothing categories that have the potential to do well in the e-commerce sector even as he maintained his contrarian view on e-com a...

30 October, 2014 | More »

Kishore Biyani

Future Group enters into strategic partnership with Amazon to sell products online

Kishore Biyani, chief of India’s second-largest retail group who went public with his vociferous critique of e-com firms accusing them of selling products below cost price, has joined hands with Amazon to sell apparel from Future Group’s brand stable through its India marketplace. This i...

13 October, 2014 | More »

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Future Group scripting e-com enabled direct selling for its hypermarket with Big Bazaar Direct; what’s on offer?

Future Retail Ltd, which houses a string of retail chain formats, has launched a new venture called Big Bazaar Direct which seeks to create an e-commerce enabled direct selling business for its flagship hypermarket Big Bazaar. Big Bazaar currently does not have an e-commerce interface though custome...

3 September, 2013 | More »

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