OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
Again would offer two variants of double-toned milk with almonds, cashews, dates; and strawberry, chocolate, jaggery - and two variants of double-toned yoghurt - alphonso mango; and carrot, orange, banana.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
The service is available in Bengaluru, Delhi, Mumbai, Kolkata, Noida, Gurgaon, Faridabad, Manesar, Navi Mumbai and Thane and will be scaled up to other cities soon
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
By value, however, electronic goods still account for a large portion of gross merchandise
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
Analysts say consumers would be the real winners.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
Currently, Housing.com makes Rs 1.2-1.5 crore a month, against a burn of Rs 10.05 crore.
SBI Cards on Tuesday launched a credit card especially meant for transactions on e-commerce websites.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
With the launch of Woohoo, QwikCilver now targets two markets in India - the gifting market, worth $7 billion and gift cards as a category.
For the four new players, the spike in wealth is 126 per cent.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
MySmartPrice has been growing about 100 per cent a year and is profitable.
No financial details were disclosed.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
A number of smaller players are said to be gasping for breath.
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Buyers complain about server errors, allege discounts were 'not real'.
It is all about hitting the ball high and timing it right.
According to a study more than one-fifth of India's product start-ups are from the city.
With the festive season approaching, e-tailers are going all out to woo consumers.
This issue assumes greater importance if you are a managed marketplace in the hypercompetitive online world.
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
Online shopping is the new buzzword amongst masses.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Indian entrepreneurs increasingly looking to sell their products in US
Govt assurances fail to cut ice with Jat leaders as agitation intensifies, Maruti halts production at two plants; highways, railway lines blocked
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
"If I am using data to build intelligence and personalisation for you, then it's meaningful," says Ankur Warikoo, co-founder and CEO, Nearbuy.
The company did not disclose its new holding pattern.
Recently, he had surprised many by talking of net neutrality
