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Slow offline sales lead to more online presence

With Indian e-commerce gaining momentum by the day, more and more offline retailers are trying to incorporate online retailing into their sales strategy to counter slow sales. About 70%...

Indiamart to launch its own online shopping platform

indiamart.com is expected to launch tolexo.com, its online shopping platform by July first or second week. Indiamart is one of the largest online directories for small and medium businesses....

“Why not foreign brands too?” – Indian Finance Ministry

Might come as a surprise to many of us today, but consumers in far-flung areas still use the good old postcard (yes, it’s not obsolete yet! ) under Value...

Online Retail up by 33% in 2013, IAMAI reports

The Internet and Mobile Association of India (IAMAI) has reported an annual increase of 32.63% in online retail in India last year with sales of $12.6 billion (Rs 62,967...

Indian Ecommerce grab the eye of more and more investors

With the growing popularity of online shopping in India, more and more investors are keen to invest in ecommerce firms and marketplaces with potential growth. With the recent influx...

Flipkart crosses $1 billion in sales, a year ahead of schedule

Last week, Flipkart announced that it had crossed the $1 billion milestone in terms of annual Gross Merchandise Value (GMV). Interestingly, it has achieved this target a full year ahead...

Walmart plans to launch eCommerce marketplace in India

The Indian eCommerce segment has been witnessing many changes. With the growing popularity of online retail business in  India, many International retailers are increasingly looking at ways to enter...