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June 17, 2017

Bigbasket signs a 60-day exclusivity agreement with Amazon for possible sale

After being in talks for a while, the online grocery portal Bigbasket and Amazon have now entered into a 60-day exclusivity agreement during which the e-grocer cannot engage with another party for a potential sale. It was reported that the Global e-commerce site Amazon was eyeing to buy online grocery startup BigBasket in order to expand its hold in the Indian market.

According to a report of TOI, two people close to the matter told, that Bigbasket and Amazon have signed a [...]

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May 2, 2017

Apple may launch its online store in India by the end of this year: Report

Apple is soon going to start assembling its iPhone SE smartphones in India in the coming months. And as per a new report, the company is said to be preparing to launch its online store in India to sell the locally assembled iPhone SE. Apart from the iPhone SE, the online store will also sell Apple accessories and other value-added services such as personalised engravings on the handsets.

As quoted by The Economic Times, a senior industry official said, “Because the Indian [...]

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April 13, 2017

Amazon gets approval from RBI; all set to bring in its new digital wallet in the country

Reserve Bank of India (RBI) has granted approval to Amazon India for launching its digital wallet service in the country. This will give the e-commerce giant a chance to further increase the hold in Indian market by entering the digital wallet sector which is already blooming rapidly in India due to Government’s ‘Digital India’ and ‘Cashless India’ movements. Along with this, Amazon is now in direct competition with leading digital wallets such as Paytm, [...]

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April 10, 2017

Flipkart acquires eBay India, raises a total $1.4 billion from Microsoft, eBay and Tencent

In a big news, Flipkart now officially owns eBay India. The Indian e-commerce giant Flipkart has announced that it has bought eBay India in the largest e-commerce deal in India ever. The company stated that it has raised a massive $1.4 billion from Tencent, Microsoft and eBay which is the largest ever fund raising in India. The talks about this deal have been making rounds since few days until today when it was finally confirmed by the founders of Flipkart.

Commenting on the [...]

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March 24, 2017

Flipkart reported to be in talks to acquire eBay’s operations in India

India’s top E-commerce company Flipkart is said to be buying eBay’s operation in the country. According to the reports, this deal is a part of $2 billion worth capital raising. Flipkart recently raised $1 billion through Microsoft and Tencent in its funding rounds and the company is now planning to go ahead with the funding till it reaches $2 billion mark.

E-commerce company eBay was launched in India back in 2004, way before Flipkart and Amazon came in to existence [...]

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January 20, 2017

Amazon Great Indian Sale kicks off; Best Deals and Offers on Gadgets for Day 1

The e-commerce giant, Amazon India has started its ‘Great Indian Sale‘ which will go on until 22nd January. During these three days, there are great deals on many categories like electronics, clothing, accessories, musical instruments, books, shoes, etc. However, most of the cracking deals are for limited time only. So here we have picked some of the top deals on gadgets, available for Day 1:

1. Lenovo Zuk Z1 – Rs. 10,999:

Lenovo Zuk Z1 was launched in [...]

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January 11, 2017

New IRCTC Rail Connect app launched for faster tatkal bookings

Indian Railways on Tuesday launched a new IRCTC app, dubbed as ‘IRCTC Rail Connect’ to facilitate booking of train tickets in a faster and easier way. The new mobile-based application will replace the old existing IRCTC Connect app.

The new IRCTC Rail Connect app has features like 24/7 service with no time based checks, synchronisation of mobile app with NGET (Next Generation e-Ticketing) for ticket booking, [...]

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December 22, 2016

Snapdeal launches [email protected] service to deliver cash at your doorstep

To help people with cash in the demonetisation period, Snapdeal has launched a new service called as ‘[email protected]’, under which people can order Rs. 2000 cash and get it delivered at their doorstep.

In order to avail the [email protected] service, users first need to install the Snapdeal app, turn on location and check if cash is available nearby. If cash is [...]

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