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Samwer Bros launch $194M VC fund for developing markets, separate from Rocket Internet

Tuesday, March 19, 2013 | More »

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Samwer brothers, who have made their name through their incubation vehicle Rocket Internet through which they clone successful consumer internet ventures in new markets, have taken the wraps off a new €150 million ($194 mn) VC fund called Global Founders Capital. This would be an entirely differen...

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Excl: Rocket Internet’s top exec leaves to start 3 India-specific niche e-com properties

Berlin-based Rocket Internet GmBH, a venture arm of the Samwer brothers and known for cloning several successful online business models of the US in other markets, has lost one of its top executives to the e-commerce fever. William Pearce, managing director at Rocket Internet India (according to his...

1 March, 2013 | More »

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Jabong bangs into top rung of Indian e-commerce; Can it sustain?

Delhi-based media consultant Rama Lal (name changed) learnt about Jabong.com, an e-commerce website focused on lifestyle products, from her entrepreneur husband. And one early morning, she logged on to the site and ordered a pair of shoes. That was the first time she shopped on an e-commerce site an...

1 August, 2012 | More »

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Online Fashion & Footwear Retailer Zalando Leaves India; Fires 30

Germany’s largest online shoe retailer Zalando has shut down its operations in India after investing in the venture for six months, Techcircle.in has learnt. Zalando was launched in 2009 by the Samwer brothers, who sold another start-up Citydeal.de to Groupon last year. The company was incubated b...

28 April, 2011 | More »