IESA and TiE will establish an ecosystem to promote exchange of ideas and information and foster entrepreneurial action on IoT activity in Bangalore and to facilitate networking and mentoring amongst peer groups.
Founded in 2000, makemytrip launched India operations in 2005. The group achieved sales exceeding Rs 7,600 crore in the financial year ending March 2014.<br />
Flipkart had acquired Myntra in May this year for an estimated Rs 2,000 crore and had said it would invest $100 million in its fashion business in the near-term.<br />
The importance of this venture can be seen from the fact that the Chairman's son will be spearheading it. Sources who were familiar with this key initiative said that traditional IT firms face threat from start-ups which have increasingly come up with disruptive technologies that have changed the landscape in the IT and ITeS sector, reports Economic Times.
From a modest beginning of a single store, Goli Vada Pav has become a successful franchise model - 275 outlets in 55 cities in 14 states.
NIFT today signed a memorandum of understanding (MoU) with the e-commerce giant to work together on enhancing the market-oriented learning of the students and expose them to trends from across the globe.<br />
World's largest postal service, India Post has tied up with online marketplace major Snapdeal to sell stamps to reach out to larger audiences.
The e-commerce company will be registered in Hong Kong. After a test run this year, its online services will be formally launched next year.
Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.<br />
Not just real estate, Snapdeal.com claims it was the first e-commerce site in India to sell scooters and other atypical products too. And 10 more such atypical verticals are coming up over the next one year.<br />
This is akin to an angel fund, where one would typically identify three-five solid business ideas and see if you can get them funded instantaneously.
Textiles Ministry today inked a pact with homegrown e-retailing major Flipkart to provide an online marketing platform to handloom weavers across the country, an initiative to boost the handloom sector, empower the weavers and uplift manufacturing in the country.
The software, which throws up customised preferences, reduces the time a buyer spends on an e-commerce website searching for items of her choice
Snapdeal has lined up a host of new products and services, focussing on the fashion vertical, in an attempt to give rivals Flipkart and Myntra a run for their money.
With 243 million Internet users, India's e-commerce industry is growing at 38 percent year-on-year. Analysts expect the market, which is now $15 billion, to touch $100 billion in the next five years.<br />
It will charge no fees or equity for the first 90 days of a start-up going through their incubation period. It plans a maximum funding of Rs 15 lakhs for early seed companies.
Mobiles and books will be delivered within 90 minutes to three hours of an order being placed. The pilot project will be tested in Mumbai and Bangalore since that is where Amazon has its fulfillment centres.
Indian early stage investor, Rehan Yar Khan, today launched his first Venture Capital fund Orios Venture Partners with a Rs 300 crore corpus to back technology entrepreneurs.
Why would Flipkart, the poster-boy of the country's online shopping movement move from clicks to brick-and-mortar?
Data analytics firm Mu Sigma is reportedly looking to raise fresh funds in a bid to place itself in the billion-dollar valuation club.
The Government of Karnataka (GoK) announced a Memorandum of Understanding (MoU) with nine engineering colleges in the state to set up new age incubation centres to encourage entrepreneurship and innovation.
Once operational, this will be one of the largest multi-disciplinary technology incubation facilities in Asia and the largest across the top five metro cities of India
The general consensus viz-a-viz merger and acquisition (M&A) activity has its votes around deals bringing specific value to business.
Sandeep Sharma, co-founder, Yepme, talks about the company's international launch, and the huge demand the portal is seeing from smaller towns.<br />
It is a struggle for women, but experts say, some of it is made tough by women themselves
Portea Medical, a home healthcare services provider raised an undisclosed amount of funding from Qualcomm Ventures, the venture investment arm of Qualcomm Incorporated
While cold pressed juices are all the rage abroad, the concept it just finding its feet in an Indian market inundated and familiar with big brand juices like Tropicana and Real.
Online bulletin-board service Pinterest yesterday announced the acquisition of Spanish start-up Icebergs, specialising in helping creative people collaborate on projects.
There are multiple theories on what Flipkart could spend its expanded war chest on. Here are four things it could splurge
Flipkart today said it has raised USD 1 billion (over Rs 6,000 crore) in fresh funding from a group of investors, the largest so far in the fiercely competitive online shopping segment in the country.