Hyperlocal startup Peppertap to say goodbye to grocery delivery; to grow its logistics arm...
23 Apr 2016 Published by Rahul Verma 152 Views

The ongoing slump in grocery e-commerce has tumbled down another hyperlocal delivery startup PepperTap. It will cease its operations in the next one month, according to reports published in Economic Times.  The startup will move its full force in capitalizing a logistics company to compete with Delhivery, Flipkart's ekart division and Go Javas.The company has a reverse logistics arm with its parent company Nuvoex Logistics Pvt. Ltd and will grow by expanding with the opportunities for e com..

RBL Bank opens branch exclusively for ‘Startup Banking’ in Bengaluru...
20 Apr 2016 Published by Rahul Verma 470 Views

RBL Bank, one of the largest private sector bank, announced its first branch in Bengaluru, to cater the burgeoning needs of start-up sector in India. The Bank  is launching such branches for the banking needs of then growing start-up sector in India.This newly facility to offer start-ups banking services around foreign exchange, remittances and cash management. The other facilities, registration, legal and tax formalities through verified partners, are part of Bank’s ‘Start-up Club’ i..

Fashion brand Mexx is going desi with Jabong...
18 Apr 2016 Published by Rahul Verma 324 Views

Online fashion retailer Jabong has concluded a partnership and announced the onset of international fashion retailer Mexx in India. The European brand will be available exclusively available on Jabong."We are very excited to launch Mexx exclusively in India and more than anything else we are thrilled that our brand ideologies are similar. With Mexx on board, we continue to broaden our international brand offering and have few other exciting names in the pipeline," Sanjeev Mohanty, CEO and managi..

Mobile companies are shifting from China to benefit India ...
17 Apr 2016 Published by Rahul Verma 271 Views

- Mobile companies are shifting focus from Beijing to India. - Moderate rate of internet penetration in India.- Slowdown in China to make smartphone companies forays in India’.- ‘Make in India’ initiative has pushed dreams into reality.- Smartphone manufacturing facilities are getting orders from mobile companies to deliver models in India.It will be called a ‘Mobile Revolution’ of India after the onset of Information Technology revolution started from Hyderabad.The expanding smartphon..

Dr Batra's on expansion spree, to open 20 clinics in FY17...
12 Apr 2016 Published by Rahul Verma 198 Views

Dr Batra's , the trusted brand in Homeopathy, is looking to add around 20 new homeopathy clinics across India and abroad by the end of this fiscal as part of its expansion plans."We plan to add 10 clinics in India and 10 abroad during the current financial year," Mukesh Batra , Founder Chairman, Dr Batra's .With India’s largest chain of Homeopathic, the company runs most of its clinics on company-owned model but in tier-III and tier-IV cities, the company has franchise partners.The group will..

Askme Group enters to new market with AskmeFresh and AskmeMeds...
12 Apr 2016 Published by Rahul Verma 254 Views

The online market places are expanding, so as their verticals to make wider reach to buyers. In serious business, Askme Group’s grocery marketplace AskmeGrocery is bringing in AskmeFresh, a grocery marketplace and AskmeMeds, an online health marketplace, to take on BigBasket, PepperTap and mChemist, respectively.The recent slowdown in online grocery has directed AskmeGrocery to expand in other segments to boost through other channels.  Both the verticals will go live in coming months acro..

Kohli’s fitness chain aims to score 100 branches by 2018...
08 Apr 2016 Published by Rahul Verma 264 Views

Virat Kohli, is known as the toughest guy in his business, has stretched his hands to some real business, with 30 p c stake in Bengaluru-based gym chain ‘Chisel Fitness’.   The fitness chain launched a year ago has announced major plans to set up 100 branches across India by 2018.The New Indian Express, reported, “each centre will see an expenditure of nearly Rs 2 crore for set up, as of now, they have two company-owned gym and expansion will be through franchises.”Satya Sinha,..

Future Group to acquire furniture store
07 Apr 2016 Published by Rahul Verma 181 Views

The Future Group has added another portfolio in its diversifying business after it acquired online furniture store—first online store acquisition.The Group it owns a home and furnishing brand HomeTown, this move has strengthen its reach to online platform which is booming after e-marketplaces Pepperfry and Urban Ladder is offering robust segment with catchy offers.“We will leverage FabFurnish’s online platform and delivery model to grow our presence in markets where we do no..

FSSAI registration is must for selling food products online ...
06 Apr 2016 Published by Rahul Verma 182 Views

The growing need of assurance in food products available online has pressed government to ensure FSSAI registration must for e-commerce players in India. The authority manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption.The govt has made clear to e-tailers that if selling food products that need to register under the Food Safety and Standards Act 2006 with the FSSAI."These e-commerce players at their platforms are also s..

RIL extends JIO brand with fashion e-commerce portal Ajio...
03 Apr 2016 Published by Rahul Verma 313 Views

Reliance Industries Ltd (RIL), the diversifying conglomerate, has expanded its presence in retail fashion with portal, focused on high-fashion brands. The new launched portal will showcase the largest collection of private labels for women online. According to company sources, some 60% of the merchandise it sells, including national and international brands and Indie (ethnic fusion) wear, will be exclusively available on the portal. The fashion will be aimed at 18-34-year groups.Th..


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