Tag: snapdeal

Retail News Round Up_Feb 15,2016

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Retail News:

  • Snapdeal raises $200 million funding round from Ontario Teacher’s Pension and others and now valued at $7.5 billion
  • Amazon sets up dedicated ‘Make in India’ online stores in India & United States
  • AV Birla Group rolls out 2x2x2, a new policy for senior appointments
  • Ratan Tata on a investment spree; funds retail technology startup SnapBizz
  • Sterlite, Coke, Raymond commit over Rs 21,400 cr in Maharashtra

  • Make in India: ITC to invest Rs 800 crore in Odisha for hotel, food park
  • Online portals record rise in customers from non-metros
  • ITC Aiming for Pole Position in Fragrance Biz
  • Rasna chairman Piruz Khambatta named ambassador for Make in India
  • Asian food brands make a home in India
  • Anil Agarwal to set up Indias first LCD panel plant
  • CareOnGo forays into e-commerce healthcare platform
  • Rising spectre of cybercrime in the pharmaceutical sector
  • Govt Launches Dedicated Website For Indian Handloom Products
  • Rediff’s cash reserves at Rs 32.2 crore; Shares may be delisted in two quarters
  • ZipGo launches petition to help reinstate service
  • Budget Expectations 2016: Online Service Tax Relief, GST, IPO Policy support & more

 

“There are opportunities for all of us, we just have to open our eyes and hold ourselves completely accountable”

– K. Abernathy

 

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Retail news Round Up_Feb 12,2016

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Retail news :

  • Azim Premji’s Premji Invest buys exiting investor L Capital’s stake in Fabindia for around Rs 360 crore
  • Coca-Cola India shuts 3 plants citing inadequate demand
  • Permitting FDI in e-commerce retail to impact small biz
  • Paytm to double investment in logistics network to Rs 500 crore
  • Coke heeds to PM Narendra Modi’s call, to launch fizzy drink with fruit juice
  • Amazon invests in Tata Trent’s publishing arm
  • Snapdeals premium fashion portal Exclusively to tie-up with international brands
  • Amazon to buy back $5 billion of shares
  • TBZ ties up with Amazon to sell diamond jewellery and gold coins
  • Tesco keen to work with Indian start-up ecosystem
  • Mother Dairy to set up Rs 75-crore processing plant in Ranchi
  • Apple to open development centre in Hyderabad
  • Blueair expects India to be among top three global markets in five years
  • PayUmoney updates app, seeks increase in merchant registrations
  • Facebook Officially Shuts Down Free Basics In India
  • Vodafone Launches 4G Services in Mumbai; Bangalore to Follow Soon

 

“When you find yourself in the thickness of pursuing a goal or dream, stop only to rest. Momentum builds success.”

-Suzy Kassem

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Retail news Round Up_Feb 03,2016

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Retail News :

  • Amazons subsidiary Junglee.com to sell used goods now
  • Snapdeal pilots expansion of home-services category in four cities
  • British fashion brand Topshop may open outlets in India

  • com launches Android app with virtual trial room
  • New York brand Coach enters India through Genesis Luxury
  • AB InBev gets CCI nod to acquire SABMiller
  • TATA launches Grand Coffee & Fusion Tea, wants to focus on young consumers
  • Kinnevik looks to expand India presence
  • PayUmoney ties up with FreePaisa to facilitate transfer of earnings for users
  • Delhi-based startup MyOperator ties up with Lenskart
  • Lenovo To Make 50% of its Smartphones in India; Moto X Force Launched at Rs 49,999

 

“Leadership is ability to overcome the gravity of success that is pulling you back to legacy processes.”

– Peter Sheahan, Founder and CEO of ChangeLabs

 

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Today’s M & A Deals_Feb 03,2016

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M & A Deals :

  • Zishaan Hayath on edtech venture Toppr, startup funding scene in 2016
  • Craftsvilla acquires logistics startup Sendd for $5M
  • Industrial IoT startup Altizon gets $4M from Wipro’s VC arm, others
  • Snapdeal’s Chandrasekaran invests in Teewe maker CREO
  • Dental clinic chain Smile Merchants gets follow-on funding from Unitus
  • Startups get RBI helping hand as investors turn wary
  • Edtech startup Oust Labs receives seed funding from Mohandas Pai

 

Today’s Wealth Mantra !

“To be an investor you must be a believer in a better tomorrow.”

– Benjamin Graham

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Retail news Round Up_Feb 02,2016

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Retail news :

  • Baba Ramdev accuses HUL and Nestle for conspiring against Patanjali
  • Flipkart to offer its logistics services to third-party e-commerce firms
  • China economy is going to be just fine, says Alibaba
  • GST, competitive logistics, e-mandis and food processing parks may integrate to sell daal at Rs 20/kg and mangoes at Rs 10/k
  • Craftsvilla.com finds the logic in Sendd buy, values company at $5 million

  • Snapdeal partners EESL to sell LED bulbs
  • These startups will provide direct connect between retailers and customers
  • Vatika Group to invest Rs 100 crore for 200 ‘Nukkadwala’ restaurants
  • LeEco to sell subsidised Le 1s smartphone on Flipkart tomorrow
  • Emami expects to start Guwahati plant in October
  • Sequoia closes $920m fund, largest by any VC for India
  • VIP Industries Q3 Net rises 32.94% at Rs 11.3 crore
  • Govt plans 20 textile parks to boost industry
  • Myntra Plans US Expansion, Sets Up Myntra Inc Subsidiary!
  • Reliance Jio LYF 4G Smartphones Available via Grofers; Moto X Force Spotted on Amazon India Before Launch
  • Very Soon Govt to Allow Cinema halls, Restaurants, Shops, Banks To Be Open 24X7

 

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead

 

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Retail News Round Up_ Jan 28,2016

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Retail News :

  • Coca-Cola initiates talks with IPL teams to sponsor them as rival Pepsi is out
  • Ecommerce firms like Snapdeal, Flipkart go all out to woo merchants for their platforms
  • P&G grows just 2% in India in October-December quarter after exiting few low margin segments
  • Snapdeal plans to cash on ‘flash sales’ model in 2016
  • Non-IT firms like Jindal Steel, Godrej seek people with domain expertise to enhance digital presence
  • Gifting company Giftxoxo acquires Actizone
  • Kalyan Jewellers will hit the 100 showroom mark by FY17 end
  • Foodpanda finds no takers even at $10m price tag

  • Tailorman to enter Hyderabad, Mumbai and Delhi this year; targets touching 40 stores
  • First State Investments Management picks up stake in Marico for Rs 184 crore
  • Daily Ninja in talks to raise fresh round of funding within two months
  • FDA fines 4161 for violation of COTPA
  • Labour Ministry to move cabinet note for consultations on model Central Shop and Establishment Act
  • PayPal’s revenue beats Street view on higher transactions, customers
  • Start-up-India plan can translate the country from job-seeker to job-creator: T V Narendran
  • LeEco Expands to 300 towns in India with 555 Service Centres
  • 700 Indian Startups Plea To PM Modi,Save Net Neutrality In India and WikiMedia Says No Association With Free Basics

TRAI’s Response to Multi-Million Dollar Free Basic Campaign Will Restore Your Faith in Govt Agencies!

 

“It is a well-known fact that bringing in technologies in retail sector is good for consumers.”

-N. R. Narayana Murthy
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Retail News Round Up_ Jan 27,2016

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Retail news :

  • German investor Rocket Internet may close down FabFurnish, Printvenue; looks for Indian partner
  • Snapdeal plans to lend Rs 1k crore in six months to attract sellers
  • Chinese investors bet big on India, internet giants pour funds into digital startups
  • Apple reshuffles India business, changes roles of senior executives
  • Top smartphone players like Samsung, Micromax becoming poaching grounds for Chinese entrants
  • Anchor Electricals aims to be export hub for Panasonic
  • Roca, maker of Parryware products, to focus more on digital marketing
  • Ronnie Screwvalas UpGrad in advanced talks to acquire three companies
  • Nutraceuticals, food supplements no longer to be considered proprietary foods by FSSAI

 

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

-Warren Buffett

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Retail News Round Up_ Jan 16,2016

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Retail News :

  • HUL Q3 net slips 22% at Rs 971.40 crore but dividend may rise
  • Tata Housing may tie up with Amazon for online property sale
  • Jewellers plan candle march to protest against PAN number rider
  • SBI partners Snapdeal to offer loans to ecommerce sellers
  • Wal-Mart merges tech teams in online push
  • Craftsvilla plans to offer video buying for online shopping

  • Manpasand Beverages ties up with Germany’s Metro Cash & Carry
  • General Electric to sell appliances business to Haier for $5.4 billion
  • PM Narendra Modi to unveil startup action plan today as a major breakthrough for entrepreneurship in India
  • Government to provide simple tax regime, easier norms for startups
  • Kerala to encourage startups in the manufacturing and processing sector
  • Paytm To Launch ‘Sound Pay’ For Money Transfers Through Ultrasonic Sound Waves
  • Amazon Launches Exam Central in India; A Bookstore for Competitive Exams
  • Amazon Starts Deliveries on Bicycles in India. Pilot Project Live in 5 Cities

Paytm Mobile wallet

 

“The difference between winning and losing is most often not quitting.”

-Walt Disney

 

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Retail News Round Up_Dec 31,2015

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Retail News :

  • L Capital plans to sell stake in Fabindia
  • Karnataka’s prisons dept to tie up with Flipkart, Amazon for Make-in-Prison mission
  • Flipkart pilots zero commissions programme for sellers on its platform
  • Plan for the year for Snapdeal is Freecharge
  • On-demand grocery delivery company PepperTap acquires Jiffstore
  • ZopNow Expands its Operations to Mysuru
  • CAIT to support Khan Market Traders Association in bid to sue actor Salman Khan
  • Tesco to branch out into pet grooming in UK
  • Central Warehousing Corporation to invest Rs 181 crore for adding 1.66 LT storage capacity
  • Govt Launches 23 New Schemes Under Digital India Mission; India Post Payment Bank, ePayment Portal & More

 

“When people can see which direction the leaders are going in it becomes easier to motivate them”

– Lakshmi Mittal

 

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Retail News Round Up_Dec 29,2015

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Retail News :

  • Snapdeal to invest in logistics to speed up delivery
  • Flipkart unveils global brand licensing for Indian sellers
  • New lingerie entrant Hunkemller to have four stores in Indian by end-March
  • Voylla in talks with Aditya Birla Group, Reliance Retail to sell its fashion jewellery

  • Bengaluru-based grocer Town Essentials raises $1 million in fresh round of funding
  • PVR launches 9-screen multiplex, largest Gold Class and IMAX
  • Bengaluru central prison inmates to open a bakery outlet at Infosys campus
  • Amway sets up Rs 550-crore manufacturing plant in Tamil Nadu
  • Wonderchef plans to go overseas by the end of this decade
  • Flipkart Starts Selling Bikes & Cars Now. Pilot Project Live At Bengaluru
  • For The First Time IRCTC Train Tickets To Be Sold Via ICICI Bank Website; Mobile App

 

“Basically we get confused a bit about what retail is. It is really just buying things, putting them on a floor and selling them”

– Gerry Harvey 

 

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