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March 15, 2014
 
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  News 
From 10,000 to $1 billion: How Sachin Bansal and Binny Bansal launched an e-commerce company - Economic Times
From 10,000 to $1 billion: How Sachin Bansal and Binny Bansal launched an e-commerce company
Economic Times
Employees are also impressed by the simplicity the duo has managed to retain. As they live close to work, both walk to office. They also fly and stay budget while travelling and eat with other employees whenever possible. Facebook Twitter Linkedin Email

How Quickr doubled traffic, tripled consumer engagement and grew five times in terms of revenues in last 3-4 years? - Hindu Business Line
How Quickr doubled traffic, tripled consumer engagement and grew five times in terms of revenues in last 3-4 years?
Hindu Business Line
"We have three revenue streams -- premium listings, leads generation and advertising -- that contribute to estimated revenues of 200 crore.", Pranay Chulet says. Facebook Twitter Linkedin Email

Flipkart, Lenskart, Myntra & Snapdeal: All have Bansals at the helm; emerge as trailblazers of Indian e-commerce  - Economic Times
Flipkart, Lenskart, Myntra & Snapdeal: All have Bansals at the helm; emerge as trailblazers of Indian e-commerce
Economic Times
The Bansals of the new economy also sport degrees from IIT and IIMs. The five Bansals with their four companies - Flipkart, Myntra, Snapdeal and LensKart - set up shop within the last seven years and control about 85% of India's entire e-tailing industry. Facebook Twitter Linkedin Email

Jabong eyes billion-dollar sales through premium push in 12-16 months from $25 million now
Hindu Business Line
If it happens, Jabong will be the second e-commerce player to hit $1 billion in gross merchandise value after Bangalore-based Flipkart, which recently achieved the milestone, a year before its target. Facebook Twitter Linkedin Email

Why investors are betting big on Indian e-commerce firms - Livemint
Why investors are betting big on Indian e-commerce firms
Livemint
They hope these companies will gain sizeable market share as more young people with higher disposable incomes start buying online. Facebook Twitter Linkedin Email

Flipkart to launch its own branded smartphones in India; in talks with various chipset vendors for almost two years; decides to go ahead with its plans
BGR India
While the plans are still in the works,BGR India learns that Flipkart has zeroed down at launching two smartphones based on solutions from one of the three chipset vendors mentioned above. Facebook Twitter Linkedin Email

Small States drive e-commerce; Meghalaya leads the pack, followed by Goa, Odisha and Puducherry - The Hindu
Small States drive e-commerce; Meghalaya leads the pack, followed by Goa, Odisha and Puducherry
The Hindu
The trends also find that south India trumps the list when it comes to a comparative analysis of cities, with small towns such as Coimbatore, Vishakhapatnam, Thiruvananthapuram and Thrissur leading the list.
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Quikr raises $90 million from group of investors led by Swedish investment company Kinnevik - Economic Times
Quikr raises $90 million from group of investors led by Swedish investment company Kinnevik
Economic Times
The investment was spread across two rounds, with existing investor Warburg Pincus providing the initial investment in September last year, according to a person with direct knowledge of the transaction. The latest deal, signed last week, values Quikr at over $250 million (Rs 1,530 crore). Facebook Twitter Linkedin Email

  Trends 
IIM Ahmedabad suggests combination of online & kirana to develop retail as a model for the development of the retail market in India
fnbnews.com
It stated that the difficulty in funding was another reason why the kirana-e-commerce combination could be a possibility. It also stated that this was the ideal time for such a combination, because India is currently poised to have about 370 million Internet users by 2015. Facebook Twitter Linkedin Email

5 Types of Signage No Retailer Can Afford to Ignore
Shopify
Quality signage is an easy and effective way to drive foot traffic and communicate with your customers when designing your store. However, if done incorrectly it can cause overstimulation and even confusion. Facebook Twitter Linkedin Email

Which Social Media Platforms Drive the Most Sales?
Shopify
Business owners often wonder about the "ROI of social media". Is my Facebook page actually driving sales? Is all this tweeting really doing anything for my bottom line? Should I be on Pinterest and Instagram? Facebook Twitter Linkedin Email

Online grocery shopping looking to find a way in to tap the countrys $25 to $30 million Pakistan e-commerce market - The Express Tribune
Online grocery shopping looking to find a way in to tap the country's $25 to $30 million Pakistan e-commerce market
The Express Tribune
While there is still enough room for the existing players to expand and for new players to enter, there are signs that some entrepreneurs have already started carving a niche out of this broader marketplace. Facebook Twitter Linkedin Email

Swedish furniture major IKEA is planning to roll out its stores in India, online retailers are becoming increasingly active in this segment
Business Standard
German Rocket Internet-sponsored FabFurnish and Norwest Venture Partners-funded Pepperfry are among those who have entered the furniture segment. From Maharaja beds to wardrobes, these websites allow one to buy all furniture online. Facebook Twitter Linkedin Email

cloudBuy, the cloud e-commerce marketplace, win its first e-procurement contract in Mumbai
Stock Market Wire
cloudBuy, the cloud e-commerce marketplace, win its first e-procurement contract in Mumbai.This contract win builds upon cloudBuy's investments in India. cloudBuy has been building capability in the market, covering India's complex range of in-country taxes into the cloudBuy eCommerce engine. Facebook Twitter Linkedin Email

  Insight 
E-Commerce: Rhetoric, Reality and Opportunity E-Commerce: Rhetoric, Reality and Opportunity
KPMG

Of the various business models that are prevalent, consumer e-Commerce is perceived to have a wider and stronger impact on retail or direct consumer and has engaged entrepreneurs. Facebook Twitter Linkedin Email


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