Tiger Global, Accel invest $7.5 million in CommonFloor.com
The funding is primarily for setting up offices in multiple cities, enhancing technology and products
...
From the ashes of Webvan, Amazon builds a grocery business
Opportunity for Amazon is huge as the grocery business in US generated $568 bn in retail sales last year
...
Flipkart raises $200 million amid e-commerce fund drought
Investment comes from existing investors Tiger Global, Naspers, Accel Partners and Iconiq Capital
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Flipkart closes Flyte MP3 store a year after launch
Music downloads business in India will not
reach scale unless problems such as piracy, easy micro-payments are
solved, says...
Myntra looking to launch online marketplace
Over the long term, Myntra expects to generate 20-25% of its sales from the online marketplace
Myntra is one...
India Post may tap e-commerce market with its network
India Post’s wide network will help e-tailers reach remote corners of India and reduce their operating costs
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Virtual marketplaces sprout in e-commerce space
Model allows firms to save on storage costs, get access to FDI, but experts see moves as survival strategy
Flipkart launched...
Inflation, tax eroding your fixed deposits
Holders
of fixed deposits have been earning a negative return in real terms for
most of the preceding five...