E-Commerce

Spencer’s forays into grocery e-commerce in NCR and Kolkata...
22 Nov 2016 Published by Rahul Verma 238 Views

Leading retailer Spencer's is ready to own its food and grocery ecommerce venture in the national capital region (NCR) and Kolkata. It also has talks with three leading marketplaces including Amazon to list as a seller reports ET. The country’s fourth largest food and grocery retailer with 37 hypermarkets and 12 supermarkets will soon scale up the ecommerce venture in the South in another six cities, said Shashwat Goenka who heads the retail business (Spencer’s Retail) of  RP Sanji..

E-commerce giants eye festival season, market to fair 25% this year...
03 Oct 2016 Published by Rahul Verma 467 Views

The Navratri festival has started with reverence and Diwali is on the doorstep, the festivals of India and the biggest times ahead for the e-commerce market to celebrate the discounts and offers on wide-range of products with the ease of customers.The festival season ahead is filled with joy and celebration, also, elated sentiments in the market to drive factors accountable for peak sale. The e-commerce market is facing competition with the before Diwali, Christmas and New Year with huge discoun..

TataCLiQ.com added up 12 global brands on its platform...
28 Jun 2016 Published by Rahul Verma 310 Views

Tata group's e-commerce platform TataCLiQ.com has expanded its horizon with the tie-up with 12 global brands, that is New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to dazzle on its site.The range of products from these brands will be available exclusively on TataCLiQ.com and coming year the company will furbish its portfolio by introducing about hundred international brands to its kitty.According to Gurvinderjit Singh Samra, Head Business Development, TataCLiQ.com, “there has..

Amazon is the savior of Indian e commerce, invests $200 m to paddle growth cycle ...
02 Jun 2016 Published by Rahul Verma 246 Views

Trendsetter Amazon* Amazon began its India operations by allowing buyers to pay by cash, a novelty for it, and recently has leveraged neighbourhood stores for delivery of goods.* Has picked up 26% stake in Tata Group-owned publishing house Westland and acquired a Noida-based online payments company.* It has introduced a slew of initiatives for merchants including Amazon-Tatkal, so small businesses can get online in under 60 minutes.The growing e commerce market is likely to touch USD 38 b this y..

Tata to beat the blues in e-commerce with venture CLiQ ...
21 May 2016 Published by Rahul Verma 269 Views

The battle of online market place is getting fiercer as new entrants are adding more spice to the e-commerce. The Tata Group is the most trusted name for years to ride with platform Tata CliQ through Tata Unistore  to take on Flipkart, Amazon and Snapdeal into e-tailing business.The Tata CLiQ will offer consumers apparel, electronics and footwear products and to take off by adding more categories, brands and features into its kitty. "Clique and Click came together to form the perfect n..

Askme Group enters to new market with AskmeFresh and AskmeMeds...
12 Apr 2016 Published by Rahul Verma 231 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..

Future Group to acquire furniture store FabFurnish.com...
07 Apr 2016 Published by Rahul Verma 160 Views

The Future Group has added another portfolio in its diversifying business after it acquired online furniture store FabFurnish.com—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 155 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..

Govt allows 100 pc FDI in E-commerce but with conditions ...
31 Mar 2016 Published by Rahul Verma 180 Views

Traders wing call it 'unfortunate'May bar big discounts rolled by e-tailersDescribed capacity for vendorsIn a major decision, govt. allowed 100 per cent foreign direct investment (FDI) in e-commerce marketplaces, paving smoother passage for international e-tailers in India. However, made it conditional, that FDI is not permitted in inventory based model of e-commerce.The government decision made industry react as clearly defined, ‘100 per cent FDI to the company provides a platform to act as a..

Abraaj, poured $150 million in the grocery biggie BigBasket...
23 Mar 2016 Published by Rahul Verma 132 Views

 Amazon.com Inc , which is aggressively investing in India, also launched a grocery delivery pilot in Bengaluru late last year.Read more at: http://www.moneycontrol.com/news/business/bigbasket-raises-36150-millionfunding-led-by-abraaOnline supermarket BigBasket has empowered with $150 million (about Rs 1,000 crore) funding by Dubai based Abraaj Group. The funding may strengthen grocery biggie’s express delivery service to take on competition from rival Grofers, LocalBanyaThe growing groce..

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