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Posts Tagged ‘ Koovs ’

Lifestyle e-tailer Koovs to raise $4.4 mn from HT Media

Monday, May 30, 2016 | More »

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Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, will raise £3 million (about $4.4 million or Rs 29.5 crore) from newspaper publisher HT Media Ltd by selling an 8.31% stake. HT Media is purchasing 12 million shares at 25 pence each, the publisher of Hindustan Times and Mint ne...

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Lifestyle e-tailer Koovs’ parent raises $32M from existing & new investors

Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, has raised £21.9 million ($32 million or Rs 212 crore) in the first significant transaction related to a local e-commerce venture after the government formally allowed foreign direct investment in online marketplaces. Koovs plc ...

29 April, 2016 | More »

Rajesh Kamra

Koovs co-founder Rajesh Kamra launches video messaging app WEIV

Rajesh Kamra, the co-founder of lifestyle e-tailer Koovs.com, has launched another venture, albeit this time in the messaging space. Christened WEIV, the new offering is a cross-platform, cross device video communication application for smartphones and other smart devices. The app allows users to se...

7 May, 2014 | More »

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Koovs lists in London, values Indian lifestyle e-com venture at $48M

Lifestyle e-commerce venture Koovs listed with around 20 per cent bump in its share price on debut at London’s junior stock market AIM, becoming the first non-travel e-commerce venture in the country to go public. The public issue was fully underwritten. The firm was trading at around 180-185 penc...

10 March, 2014 | More »

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Lifestyle e-com venture Koovs raising $37M from London’s AIM exchange

Lifestyle e-commerce venture Koovs is raising £22 million ($37 million or Rs 225 crore) by floating on London’s junior stock market AIM, becoming the first non-travel e-commerce venture in the country to go public. AIM is a sub-market of the London Stock Exchange, which allows smaller companies t...

7 March, 2014 | More »

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Top 5 e-commerce trends in 2012

This has been the year of online shopping, with a slew of new entrants in categories such as furniture, pet care, organic foods, cosmetics and more. Fifty two companies raised around $700 million of venture capital in 2012. While it is probably the best time to be a buyer, being an e-commerce compan...

24 December, 2012 | More »

Koovs Exits Deals Space, Shifts Focus To Lifestyle Products

After changing track from daily deals to general e-commerce, two-year-old Bangalore-based startup Koovs has stopped offering deals altogether. The company had earlier shifted its focus to products but was still offering daily deals in a separate segment. Koovs’ earlier product offerings came under...

7 May, 2012 | More »

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Koovs Changes Track, From Daily Deals To General E-com Site; How, Why & When

Two-year-old Bangalore-based start-up Koovs that was positioned as a daily deal sites in India has quietly changed track and has become a general e-commerce firm selling products across some sixteen broad categories. Although the site still offers daily deals (in a separate segment), their primary f...

12 January, 2012 | More »

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BenefitsPLUS Acquires Daily Deal Site Koovs For Over $2M

BenefitsPLUS Media Pvt Ltd, a New Delhi-based e-commerce firm, continues its acquisition spree as it eyes 10-15 per cent of India’s e-commerce market. In a bid to fulfil that target, its parent company – Gurgaon-based DigiVive Services Pvt Ltd – has now acquired majority stake in one of India...

14 June, 2011 | More »