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In 2007, 24-year-old Danish Ahmad built India’s first online shoe store, Bigshoebazaar.com. The company eventually went on to become Yebhi.com, employing 1500 people and one of the early successes of India’s e-commerce story. Last year the company pivoted from the marketplace to the product discovery model after not being able to raise funds. Now at […]
26 May 2015
IRCTC, the catering and online booking arm of the Indian Railways, is now shopping around for a new partner for its e-commerce initiative. Flipkart and Amazon are among companies vying for a partnership with the railway behemoth, according to media reports. IRCTC had tied up with Yehbhi.com for its e-commerce venture for a year, which […]
18 Nov 2014
Cardback, an Android app that provides notifications to users about offers on their credit and debit cards on mobiles, has raised Rs. 1 crore ($170,000) via LetsVenture, an online platform that connects startups with angels. Google India top brass Rajan Anandan, Sunil Kalra, Rishi Shrivastava have led the round along with Alok Mittal, Naval Bir […]
10 Jul 2014
Shopping – whether offline or online, if coupled with freebies and discount coupons attracts most people. And eCommerce used this tactic during its initial days – to offer lot of discounts, coupons on registration and referrals to widen its reach and sales. But Jochem Vroom and Jelle Van der Bij, from Netherlands though the idea […]
05 Aug 2013
In probably what is the biggest partnership’s in eCommerce in India, IRCTC, the subsidiary of Indian Railways has partnered with Shop Online Trading Pvt Ltd. (SOTPL) a franchisee of Yebhi.com, marking its entry into online shopping. IRCTC and Yebhi plan to do over Rs 200 crores of business in the first year. Through this strategic […]
19 Jul 2013
During the week ended 28 April, 2013, there were 15 PE/VC deals worth $169mn. During the week ended 5 May, 2013, there were seven PE/VC deals worth $1.38bn compared to 15 deals worth $169mn in the previous week.
11 May 2013
When eCommerce as a concept made its presence felt in India a decade back, everyone was skeptical about it. But those days are surely behind us and what we see now is a blistering growth story. With 139 million Internet users, India accounts for 75 billion pageviews worldwide, Indians spend 52 billion minutes on the […]
01 Apr 2013