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Snapdeal acquires silicon valley startup Redcue Data

Online marketplace major Snapdeal has acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform, to strengthen its discovery platform. While the financial terms of the acquisition were not disclosed, the Reduce Data team will join Snapdeal, in the...

Flipkart to offer refunds to customer within 24 hrs

Flipkart has today launched its instant refund mechanism facility, a move that will help its customers get refunds as early as within 24 hours of returning the product. Previously, the refund process used to take three to five business days."Flipkart...

Intec launches television category exclusively on Snapdeal

Snapdeal has launched an exclusive range of seven Intec televisions on its marketplace, marking Intec’s entry in the television category, the company said in a press statement. Speaking about the launch, Tony Navin, SVP, Partnerships & Strategic Initiatives said, "Television...

Flipkart goes social, launches 'ping' on its app

Flipkart has announced a new service called ‘Ping’ on its mobile app. Ping will allow users to shop for products on it app along with their friends. The objective behind Flipkart's Ping is to allows users to have real-time conversations...

EazyDiner mopes up USD 3 mn in Series A funding

EazyDiner, an online table reservation venture co-founded by well-known Indian food critic Vir Sanghvi, has secured USD 3 million in Series A funding fromSaama Capital (an investor in e-commerce majors such as Snapdeal and Paytm) and its existing investor...

E-tailers notch up massive gains, customer acquisitions via I-Day promotions

As India celebrated its 69th Independence Day last week, the country's e-commerce majors battled it out with a slew of offers and discounts in a bid to make most of consumer's patriotic sentiments. Some of the prominent and much advertised...

Snapdeal, TANSIDCO to bring MSMEs online

India's leading online marketplace Snapdeal has joined hands with Tamil Nadu Small Industries Development Corporation Limited (TANSIDCO) to develop skills in online commerce among micro, small and medium enterprises (MSMEs) in Tamil Nadu. The memorandum of understanding (MoU) signed between...

Image-based product search to revolutionise online shopping

In July, e-commerce major Flipkart unveiled an image search feature on its mobile app that lets consumers get more apt search results while shopping online. Via this feature, shoppers just need to click a picture or use a photo on...

Xiaomi ties up with Redington to strengthen offline presence in India

In a shift from its online-only strategy, Xiaomi has partnered with Redington to distribute its smartphones in brick-and-mortar stores in the offline retail dominated Indian market. By strengthening its offline presence in India, Xiaomi expects 20-30 percent of its sales...

Guts over Fear

Life begins where fear ends; it is a battle between guts over fear and when the gut wins, an epochal journey begins from there. The Indian retail industry is also undergoing a metamorphosis: Following omni-channel pursuit to innovating usage...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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