Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
As much as 20 per cent of the gross merchandise value (GMV) of sales made on e-commerce platforms is being financed through the no-cost EMI route, up from 4-5 pc two years ago.
VCs have been especially bullish about India.
Bubbly is the latest in a string of brands that are touching the three-digit mark quickly.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
Homegrown start-ups like UrbanClap and AtHomeDiva will now have to compete with the global e-commerce giant. Anita Babu reports.
Alibaba in talks to invest up to $700 million in Snapdeal
Jabong has joined hands with 10 boutiques, such as Meo Home Craft (for bags by rural artisans from Tijara, Rajasthan), Rinku Sobti (womenswear), Nidhi Munim, Crazy Palette (clutches & bags) and Uttama Bhatt (ethnic womenswear).
Ecommerce firms will have it tough as govt turns down FDI proposal.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
Amazon India has caught up with Flipkart and overtaken Snapdeal in terms of monthly unique visitors.
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
Myntra expects to reach $100-million annual revenue.
The company is not holding plans for clarity on policy.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
In a recent interview, Narendra Modi, set to take charge as prime minister in a few days, had said his government wouldn't roll back any policy in the sector.
The government guidelines say online marketplaces must not influence the sale price of goods and services but experts say e-commerce majors categorise discounts under marketing expenses.
Online grocers like Bigbasket and localbanya witness surge in sales.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
Tata Cha cafes hope to create a feel of a roadside tea cart, casual college canteens, old Irani cafs and even the chai joints encountered on journeys through the Indian countryside.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
For the past few years, Avigo has been in talks with many strategic players, including private equity investors, to sell its stake in Spykar.
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
Local traders are evaluating other options rather in FDI.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
Indian e-commerce companies in particular have been using their Facebook pages extensively to reach out to as many consumers as possible, apart from paid advertisements.
Private equity players believe it to be lucrative to invest in designer labels.
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.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
Recent easing of restrictions does not address the pain in the sector.
Britannia Industries, the bakery and dairy major, has tied up with e-tailer Amazon India for a pilot launch of Good Day Chunkies, a new chocolate chip cookie, for 15 days. The offer is currently on and closes on December 5, after which the product goes to offline (normal retail) stores.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
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