Seedfund-backed Fetise co-founder & CEO Abhishek Shah steps down

Abhishek Shah, cofounder and CEO of Fetise Retail Pvt Ltd, which runs men’s fashion apparels e-shop Fetise.com, has left the company, as per his LinkedIn and Twitter handles. The development comes even as the company is going through a management change, according to Medianama, which first reporte...

Sonam Gulati

Smile Group’s Dealsandyou claims to sell up to 4K vouchers daily; eyes break even by end of 2013

While daily deals biz has been in news for all wrong reasons, reported to be ‘dying’ by some and ‘dead’ by others, three players seem to be fighting it out on turf. We earlier wrote about Groupon India (earlier known as Crazeal) and MyDala, both of whom are eyeing profitability soon. The thi...

Sonam Gulati

Smile Group’s Dealsandyou.com hires Alok Jain as CMO

Smile Group’s daily deal site Dealsandyou.com has hired Alok Jain as its  chief marketing officer. Jain, a serial entrepreneur, founded startups including mobile apps company Unyqe,  digital marketing solutions company ThinkNet and the now-defunct online digital photo printing company Photma...

Sonam Gulati

Fashionandyou rebrands; unveils new logo, user interface

Smile Group’s flash sales site fashionandyou.com has unveiled a fresh, sleek look, including a new logo and  user interface. Several new features like add to waitlist, mini shop, login and sync with Facebook or Gmail and sort filters adorn the site now. The whole look-and-feel of the website has...

Sonam Gulati

After Gaurav Kachru, Pearl Uppal quits Smile Group

Pearl Uppal, co-founder and CEO of Smile Group’s flash sales site Fashionandyou.com, has put in her papers. Pearl partnered with Harish Bahl, CEO of Smile Group, in early 2010 to start Fashionandyou. Speaking to techcircle, Pearl said her future plans have not been finalised yet. Asked whether she...

Nandana Das

Excl: Gaurav Kachru quits Smile Group; To start his own venture

Gaurav Kachru, who was earlier the chief executive and co-founder of Smile Group’s daily deal site Dealsandyou, has left the group to start his own venture. In April this year, he was transferred to the group’s corporate development and strategy team as an executive vice-president. A week ago, T...

Anand Rai, Nandana Das & Sonam Gulati

Digirati: Top 25 powerful people in Indian digital business

They provide smart insights into hot trends and create strategies that redefine businesses. They innovate opportunities for themselves and others – writing some success stories that inspire awe. Meet the homegrown Steve Jobs, Mark Zuckerbergs and Warren Buffetts who have made waves in the digital ...

Madhav A Chanchani & Nandana Das

Excl: Russian venture firm ru-Net invests in e-tailers BeStylish, Freecultr

ru-Net Holdings, one of the largest Internet and technology investors in Russia, has entered the Indian market by acquiring stake into two e-commerce ventures, according to sources familiar with the development. The firm has invested in Freecultr, an e-com venture offering its own apparels brand on...

Nandana Das

Smile Group-backed fashion jewellery site Juvalia & You launched in India

Juvalia & You, a private label e-commerce portal selling fashion jewellery, has been recently launched in India. Incubated by Springstar GmbH, a global incubator formed in collaboration with Harish Bahl of Smile Group, Oliver Jung of Airbnb and Klaus Hommels of Hommels Holding, Juvalia is also ...

Anand Rai

Deals Vs General E-com, What Actually Works For India; Notes From Digital Commerce Conference

Indian ecommerce firms need to look at a hybrid business model which merges a standalone ‘deals’ business segment with a platform for general ecommerce, according to industry experts gathered at the 4th national conference on digital commerce, organized by The Internet and Mobile Association of ...