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Flipkart Teases the Samsung Galaxy On8 for Its Big Billion Day Sale Event

27 Sep

By Jeet Suthar, The Tech Portal

Lately, Samsung has been pressing ahead in the mid-range device segment. The company has coming up with all sorts of exciting, mid-range smartphones. Apart from its J-series of smartphones, the company also has an On series, where the lineup consists of the On5 and On7 smartphones. As per reports, Samsung is now going to introduce another smartphone — Galaxy On8  — to the online exclusive line-up. (more…)

Snapdeal Unveils Its Brand New Identity, A Red Box-Shaped Logo Full of Untold Possibilities

13 Sep

By Anmol Sachdeva, The Tech Portal

Betting big on its e-commerce platfrom, Snapdeal, has surprisingly unveiled one of the biggest changes to the company’s business till date. Snapdeal has painted itself in a single shade of red, leaving behind the red and blue combo, to better illustrate its ideology and dedication towards the Indian e-commerce ecosytem. (more…)

Snapdeal to Receive a Brand Overhaul, Which Includes a Change in Logo and Tagline

31 Aug

By Vishal Srivastava, The Tech Portal

Ecommerce in India — despite its relatively smaller market size as compared to the US or China — has always been a battleground of sorts. While the fight was earlier on who captures more money to further capture more market share, it now has another angle — brand positioning. (more…)

Flipkart Sets Up a New Office in Silicon Valley

16 Aug

By Kajal Joshi, The Tech Portal

Last year saw a trend of sorts, with new-age Indian brands roping in highly qualified professionals from the valley. The year also saw folks like Snapdeal opening up office in California. Guess what’s the latest development that caught our attention? Flipkart is expanding to US with an office in Bay Area (more…)

For a Pleasant Turn Around, Valic Marks up Flipkart’s Valuation by 10 per cent

12 Aug

By Anmol Sachdeva, The Tech Portal

After facing multiple rounds of series markdowns and flushed top managements, Flipkart seems to be getting back on its feet. Last week, Fidelity had marked up its stake in Flipkart by a marginal 3% and today another investment firm, Valic has offered some respite to the suffering Indian e-commerce company. (more…)

Unilever Acquires Mens Grooming Product Startup Dollar Shave Club for $1 Billion

22 Jul

By Vishal Srivastava, The Tech Portal

Over the past couple of years, investors and companies have become wary of e-commerce startups, both around the world and back home in India. However, that has not deterred Unilever from reportedly spending a massive $1 billion in cash to buy men’s grooming startup Dollar Shave Club. (more…)

Amazon and Alibaba to Battle It Out Over Indian e-Commerce Market in Next 6-9 Months: PayTM CEO

6 Jul

By Mudit Mohilay, The Tech Portal

India’s e-commerce market is one of the most lucrative ones around. With a tremendous scope of growth and a whole plethora of opportunities, the rapidly developing market has become a favorite of global players. And there are a lot of those. However, the main battle is likely to take place between Alibaba and Amazon. (more…)

US-Based e-Commerce Solution Provider Gets Backing from Google India Head Rajan Anandan

5 Jul

By Jeet Suthar, The Tech Portal

Enterprise E-commerce Solution Provider, which is backed by 500 Startups, has raised an undisclosed amount in seed funding from Google India’s VP and MD Rajan Anandan. (more…)

What Will be the Fate of Taobao in Taiwan?

1 Jul

Taiwan’s Investment Commission is not pleased about a ruling by an administrative court in favor of Taobao Hong Kong. Last week, the court said Taobao Hong Kong entered Taiwan as a foreign company a year before its parent company launched an initial public offering. While Taobao Hong Kong’s Chinese shareholders might have control of the company, no regulations in Taiwan stipulate that the company must change its business registration. Thus, the court decided the Investment Commission cannot fine Taobao Hong Kong, nor ask it to withdraw its investment from Taiwan. (more…)

SEBI Wants to Allow e-Commerce Firms to Sell Online Mutual Funds

28 Jun

By Vishal Srivastava, The Tech Portal

In the age of digitization where people are increasingly gravitating towards online mediums to meet their needs, financial services still remain exclusive to professionals. A primary cause for that, is government hurdles and complicated norms. That might soon change though. (more…)