Myntra.com introduces new product exchange offer; is it trying to curb return rate?

Bangalore-based horizontal e-tailer Myntra.com is out with a revised product exchange offer for all its shoppers. Now, a buyer will be able to exchange an item for another size, without having to return the product first and then re-order it. The company claims in an official statement that this new...

Anand Rai & Sonam Gulati

App Tracker: Which e-commerce app stands out from the crowd and why?

Last week we brought to you a no-holds-barred look at how the apps of OTAs stack up and this time around we are looking at how the popular e-commerce companies fight it out via their apps on the iOS and Android platforms. E-commerce has been one of the fastest growing online categories and a large ...

Rashi Varshney

Snapdeal follows eBay and Alibaba to roll out TrustPay

Snapdeal.com, an online marketplace run by Jasper Infotech Pvt Ltd, has rolled out TrustPay, which guarantees full cashback if the company falters in its commitments to consumers. For instance, if the order is not dispatched within three business days after the promised shipping date, the company wi...

Shrija Agrawal

Excl: Japanese internet company, Junglee founders join eBay in $50M Snapdeal investment

A large Japanese internet and media conglomerate and Junglee founders Venky Harinarayan and Anand Rajaraman have taken part in the latest $50 million round in Jasper Infotech Pvt Ltd, along with online auction and shopping marketplace eBay Inc., sources told Techcircle. Jasper Infotech owns and op...

Sonam Gulati

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

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...

Anand Rai

eBay may invest in Snapdeal: Report

Online auction and shopping marketplace eBay Inc. is looking to invest in Jasper Infotech Pvt Ltd, the company that owns and operates the online marketplace Snapdeal.com. The terms of the deal are still being negotiated, according to Hindustan Times, which first reported the news citing unnamed sour...

Sonam Gulati

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...

Anand Rai

Snapdeal.com introduces chocolates & snacks category

Snapdeal.com, an online marketplace run by Jasper Infotech Pvt Ltd, has added a new ‘chocolates and snacks category’ to its offerings. The launch is in-line with the company’s strategy of offering a wide assortment of products online across categories. Last we checked, the site had around 313...

Sainul K Abudheen

Nexus Ventures-backed online video management startup Kaltura raises $25M

Open Office-based online video platform Kaltura Inc, has raised $25 million in Series D from Mitsui Global Investment and Orix Ventures, with participation from existing investors Intel Capital, 406 Ventures, Avalon Ventures and India-based Nexus Venture Partners. The New York-based startup, which h...

Shrija Agrawal & Anand Rai

We should do a billion dollar in gross merchandise value by 2015: Snapdeal’s Kunal Bahl

In September last year, Kunal Bahl, founder of Snapdeal, took a decision with significant impact on his business – transitioning from a pure online deals site to a full-fledged horizontal e-commerce company via a marketplace model. Such a change was not new to Bahl, as he had started his entrepren...