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Posts Tagged ‘ Letsbuy ’

13 potential e-commerce M&As to watch out for in India in 2013

Wednesday, January 16, 2013 | More »

In 2012, we had seen the beginning of some serious consolidation in the Indian e-commerce space – a segment which has been a darling of venture capital investors for the past two-three years. We had seen Flipkart buying out and later downing the shutters on the electronics e-tailer Letsbuy; Myntra...


Snapdeal downs shutters on eSportsBuy.com two months after acquisition

The sports and fitness equipment e-com startup eSportsBuy, recently bought by Snapdeal, has been quietly buried and no longer exists as an independent website. But this was to be expected as soon after buying the portal for an undisclosed amount, Snapdeal officially launched a sports section on its ...

28 May, 2012 | More »

Yebhi.com acquires jewellery portal Stylishyou; Two more acquisitions in pipeline

In tune with its promise to look at smaller e-commerce firms for acquisition, lifestyle and fashion e-tailer Yebhi.com has acquired Stylishyou, an online shop offering fashion jewellery. The deal includes both cash and equity, and Yebhi has also acquired the merchandising team as part of this deal....

10 May, 2012 | More »


Flipkart To Head Towards Profitable Revenue Growth, Not Just Revenue Growth: Co-founder Sachin Bansal

Flipkart Online Services Pvt Ltd, which runs the e-commerce site Flipkart.com, has had a busy year (to say the least) in 2011-12. The company acquired Mallers Inc (Mime360) and Letsbuy, expanded logistics reach, broadened presence across new categories including what is arguably the first significa...

24 April, 2012 | More »

Electronics Retailer Croma Launches E-store; How Does It Compare With Vijay Sales’ E-com Offering

Tata Group firm Infiniti Retail Ltd, which runs one of the largest national retail chain of multi-brand electronics under the brand name Croma, has launched its an online Croma store. The company already had an official website, but earlier was just offering a catalogue of the products available in ...

24 April, 2012 | More »


Excl: Everything Except Groceries & Automobiles Is Fair Game For Us: Flipkart

India’s largest e-com firm Flipkart has been slowly but surely expanding the product verticals. After buying Letsbuy a couple of months ago that would boost its electronics product catalogue going forward and launching the digital music store Flyte, Flipkart has just expanded into pens & stati...

19 April, 2012 | More »


What Attracted Letsbuy To Diversify Beyond Electronics E-tailing & Life After Selloff To Flipkart

When Letsbuy, (a part of eTree Marketing Pvt Ltd) was launched by Hitesh Dhingra and Amanpreet Bajaj in September 2009, its value proposition was clear – an exclusive electronics shop online. But six months ago, the firm diversified into other related categories like battery-operated toys and watc...

21 March, 2012 | More »

Manish Vij’s Vun Network & Harish Bahl’s Smile Group Back Mobile Media Startup SeventyNine

Quasar co-founder Deven Dharamdasani is launching SeventyNine, a mobile media distribution and analytics platform. His venture has been incubated by digital media professional and investor Manish Vij’s Vun Network and Harish Bahl’s Smile Group. SeventyNine is a cross-platform Pay-for-Performance...

29 February, 2012 | More »

Airtel Money Goes Pan India, Rolls Out Services In 300 Cities

Bharti Airtel has expanded its mobile wallet service Airtel Money through its wholly owned subsidiary Airtel M Commerce Services Ltd. The service is now available in more than 300 key cities in India. Initially the service was launched in Delhi NCR and Chennai in May 2011. In 2010, Airtel M Commerc...

23 February, 2012 | More »


Flipkart Acquires Letsbuy; Common Investors Get Consolidated Play In Indian E-com

Flipkart.com, the largest online retailer in India, is buying out Letsbuy.com, a specialised e-commerce site run by the two-and-a-half-year-old start-up eTree Marketing Pvt Ltd. The deal marks yet another consolidation move in a bustling e-commerce industry in India that has seen a string of sites f...

9 February, 2012 | More »

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