E-Commerce: Why Idli profitability will not work in India

It looks like e-commerce woes are far from over in the country. Several e-commerce firms like Flipkart, Jabong and Zovi are laying off employees in a bid to cut its costs, reports The Economic Times , citing multiple sourceswith direct knowledge of ...

Baby care products e-tailer BabyOye acquired Hoopos few days ago, apparel seller Myntra acquired Exclusively.in last November and Flipkart acquired Letsbuy in February 2012.

Update: Our report on the possible merger between Babyoye and Hoopos has been confirmed. Hoopos has merged into Babyoye and the new entity has raised $12 mn in fresh capital in a round led by Helion Advisors, which had invested in Hoopos earlier. Tiger global ...

MirchiMart India Pvt Ltd, the startup that owns and operates Mirchimart.com , a niche e-commerce site for gadgets, claims to be doing close to 10,000 transactions monthly, with an average size of Rs 4,000. Our first financial year (July 2012 to ...

E-commerce war prompts investors to merge portfolio companies Shabana Hussain Going by the unbridled optimism and crowding of e-commerce space in India, a shakeup was waiting to happen. And it did, mostly through 2012. According to Venture ...

Bangalore-based fashion and lifestyle ecommerce portal Myntra has acquired US-based Fitiquette, a company which is developing virtual fitting rooms. The financial details of the deal were not disclosed, however, the company said the acquisition was ...

As an investor, the two exits his company made in the e-commerce space haven't been very successful. As a consumer, he doesn't believe in buying more than a certain number of trousers, nor shoes beyond a certain price point. Yet, when asked if he ...

Home decor site Pepperfry.com has raised $8 millionin funding fromexistinginvestor Norwest Venture Partners (NVP) . The company states that the funds raised will be used to widen its merchant reach, expand fulfillment operations and invest in brand.

Online marketplace Snapdeal.com has raised funding in a Series C round for $50 million from eBay Inc and existing investors Nexus Venture Partners , Bessemer Venture Partners and IndoUS Venture Partners , reports Nextbigwhat , stating thatthe ...