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Posts Tagged ‘ Marketplace ’

Snapdeal tweaks business model, sets up wholesale unit

Monday, September 19, 2016 | More »

E-commerce firm Snapdeal has established a wholesale unit to buy products that will be sold to consumers directly, following in the footsteps of rivals Flipkart and Amazon, according to a report. The move by Jasper Infotech Pvt. Ltd, operator of Snapdeal, is a departure from its marketplace-run busi...


Exclusive: B2B marketplace for leather products ShoeKonnect gets funding from IAN

Agra-based business-to-business (B2B) marketplace for leather products ShoeKonnect has raised an undisclosed amount in an angel round of funding from Indian Angels Network (IAN), a top company executive told Techcircle.in. The firm plans to use the capital for technology enhancement, marketing, bran...

12 September, 2016 | More »


Paytm ties up with Suzuki Motorcycle to sell two-wheelers online

Digital payments and e-commerce company Paytm will now host a virtual Suzuki Motorcycle showroom on its marketplace through which customers can book the two-wheeler maker’s bike and scooter models. As part of the partnership between Paytm and Suzuki Motorcycle India, over 400 Suzuki dealers ac...

29 June, 2016 | More »


Sellers up in arms against Flipkart’s alleged high-handedness

The simmering discontent among its vendors seems to be compounding woes for Flipkart, which has, of late, been in the news for all the wrong reasons. Upset with the e-commerce company over the way it has unilaterally altered its commission system and is allegedly penalizing sellers for the return of...

25 June, 2016 | More »


Tier 2/3 cities see rise in number of angel investors: LetsVenture report

Angel investors don’t just reside in big cities. Investors from smaller cities such as Guwahati, Kanpur, Vadodara, Raipur, Visakhapatnam, Agra, Jaipur, Chandigarh are increasingly ready to bet on innovative business ideas, says a study by deal making platform LetsVenture. According to the stud...

21 June, 2016 | More »


Exclusive: Flipkart may look at bank loans as it battles cash crunch

Faced with the steady march of its global rival Amazon on its home turf, ecommerce marketplace Flipkart is now turning to debt financing even as equity infusion looks remotely possible post the successive markdowns in its valuation by existing investors, said a person with the direct knowledge of th...

17 June, 2016 | More »


Exclusive: Delhi-based truck aggregator Moovo acquires smaller rival GoGoods

OrbitNote Technologies Pvt. Ltd, which runs truck aggregation platform Moovo, has acquired GoGoods Pvt. Ltd, a similar venture focused on intracity transport in Patna and Ranchi, in an all-stock deal. With the acquisition, Moovo, which has operations in Delhi-NCR, Kanpur, Kolkata and Bhubaneswar, ha...

9 May, 2016 | More »

Vishal Gupta, MD, Bessemer Venture Partners

We are big believers in marketplace and enterprise SaaS: Bessemer’s Vishal Gupta

Silicon Valley-based venture capital firm Bessemer Venture Partners (BVP) has been a major investor in India, funding startups across sectors such as consumer internet, enterprise technology, mobile, cyber security, cloud computing and SaaS developer platforms, healthcare and IT. In 2015, though BVP...

18 April, 2016 | More »

BuyThePrice does a Snapdeal, opts for marketplace model

BuyThePrice.com, an e-commerce site owned and operated by MyZingo eCommerce Service Pvt Ltd, has completely changed its business model from being a pure e-commerce site to a 100 per cent marketplace. The Hyderabad-based startup was founded in December 2009 by Ranjith Boyanapalli (CEO), Tharachand Su...

7 December, 2012 | More »