E-commerce

Expedia India Launches Indian Ops - 2 Comments
Posted By Nikhil Pahwa - Thu 06 Mar 2008 10:42 PM PST

Expedia India has announced the launch of its India operations, with Sharat Dhall as its Managing Director. The site Expedia.co.in (Expedia.in redirects to it) is currently focusing on hotel bookings…

Mobile Payment Roundup: Paymate-Sri Lanka; Barclays - USSD Based Services - 6 Comments
Posted By Nikhil Pahwa - Mon 03 Mar 2008 09:10 AM PST

-- PayMate becomes the second Indian mobile payment co to enter Sri Lanka: the company has tied up with Bank of Ceylon (BOC) for enabling bill payments - electricity, water…

Cleartrip Raises $18.5 Million From DFJ, Mahindra Group And Existing Investors - 3 Comments
Posted By Nikhil Pahwa - Thu 28 Feb 2008 03:19 AM PST

Cleartrip has raised a third round of funding of $18.5 million, led by Draper Fisher Jurvetson which has put in $10 million. The Mahindra Group and existing investors Sherpalo Ventures…

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RBI To Finalize Regulatory Framework For Internet And Mobile Banking Soon - 0 Comments
Posted By Nikhil Pahwa - Wed 27 Feb 2008 09:14 PM PST

A committee looking into issues of Internet and mobile banking is expected to submit its report to the Reserve Bank of India in March, following which the central bank will…

Why Did BCCL Hive Off Times Business Solutions? Interview With CEO R. Sundar - 3 Comments
Posted By Nikhil Pahwa - Mon 25 Feb 2008 04:47 AM PST

The Times Group (BCCL), had hived off its classifieds business into a separate entity called Times Business Solutions Ltd (TBSL), and appointed R. Sundar as CEO and Rajiv Gaur as…

Telstra Eying Real Estate And Home Furnishing Site Acquisitions In China And India - 1 Comment
Posted By Nikhil Pahwa - Thu 21 Feb 2008 12:00 AM PST

Solomon Trujillo, CEO of Australia’s largest phone co Telstra has told Reuters that the company is interested in making acquisitions in online businesses in China and India, among others, to…

Travel Meta Search Ixigo Funded By BAF Partners - 5 Comments
Posted By Nikhil Pahwa - Wed 20 Feb 2008 08:47 PM PST

Ixigo.com, a travel meta search company, has received an undisclosed amount of funding from BAF Spectrum, a Singapore based investment fund. The funding was reported by VCCircle yesterday, and we…

Jupiter Media To Launch Image Sales Ops In India; Cautious About Media Business; Job Portal - 0 Comments
Posted By Nikhil Pahwa - Sun 17 Feb 2008 11:02 PM PST

Nasdaq listed Jupiter Media is taking a cautious approach to India: the company’s Chairman and CEO Alan Meckler was in India for a couple of days - his first trip…

ECA Expects Rs 225 Million From Online Art Auction - 1 Comment
Posted By Nikhil Pahwa - Wed 13 Feb 2008 08:57 PM PST

[by Cerius Shah] Husain and Raza seem to be the toast of the online art auction scene. Along with them, Tyeb Mehta, FN Souza and other artists will go under…

Myntra Ties Up With Ibibo, HolidayIQ For Personalized Merchandise - 0 Comments
Posted By Nikhil Pahwa - Mon 11 Feb 2008 08:44 AM PST

Erasmic Ventures funded startup Myntra, which creates personalized merchandise, has announced a tie-up with ibibo.com (MIH India), BCCL funded HolidayIQ. They claim they have 10 partners in all, but apparently…

Paymate Ties Up With Standard Chartered And Cosmos Bank For Mobile Payment - 5 Comments
Posted By Nikhil Pahwa - Mon 11 Feb 2008 07:34 AM PST

Mobile payment company Paymate has added two more banks to it’s list of partners: Standard Chartered and Cosmos Bank. Paymate already had a partnership with Citibank and Corporation Bank. Paymate…

Dice Exits Job Portal JV With Cybermedia - 5 Comments
Posted By Nikhil Pahwa - Fri 08 Feb 2008 02:31 AM PST

This just in: Dice Holdings has sold its stake in Cybermedia Dice Careers to Pradeep Gupta, the founder of speciality media house Cybermedia, a BSE listed entity. Cybermedia Dice Careers,…

Travel Roundup: Redbus-Multilingual, MMT, Cleartrip - Railway; Travelguru-Affiliate - 3 Comments
Posted By Nikhil Pahwa - Wed 06 Feb 2008 05:51 AM PST

-- redBus, an online bus ticketing company funded by Seedfund, has gone multilingual by launching Tamil, Kannada, Telugu, Malayalam and Hindi versions of their site. CEO Phanindra Sama says that…

Updated: Kijiji India To Be Jointly Owned By Ebay Inc And VC Fund Matrix Partners - 4 Comments
Posted By Nikhil Pahwa - Tue 05 Feb 2008 06:47 AM PST

Updated below Kijiji India, the Indian site for Ebay Inc’s general classifieds business, will now be jointly owned by by the company and VC fund Matrix Partners, as per a…

AtYourPrice.in Gets Funding From Mumbai Angels - 4 Comments
Posted By Nikhil Pahwa - Wed 30 Jan 2008 08:53 PM PST

Just when you thought the online travel space was packed to capacity, here’s another one: Atyourprice.in, a distressed inventory travel site has received an undisclosed amount of funding from the…

Mandatory For Rediff And Sify To List In Indian Markets; Cleartrip Eyes IPO - 2 Comments
Posted By Nikhil Pahwa - Mon 28 Jan 2008 02:40 AM PST

Rediff (NSDQ: REDF) and Sify are mandated to list in the Indian stock exchanges, reports Reuters; this is primarily because of a government rule that requires that they list locally…

Web18 Launches E-Commerce Portal Storeguru; What About Homeshop18? - 6 Comments
Posted By Nikhil Pahwa - Thu 24 Jan 2008 02:51 AM PST

Network18 now has two competing e-commerce businesses in the online retail space. Web18, the Internet and Mobile company of the Network18 group, has launched Storeguru.com, while the group already has…

IRCTC To Allow Ticket Sites To Sell Railway Tickets By Mid-2008
Posted By Nikhil Pahwa - Wed 16 Jan 2008 03:46 AM PST

By the middle of 2008, Indian Railways is looking to allow travel agents, including online travel agents, to sell railway tickets online. They’re going to start with a selective rollout,…

ICICI Bank Launches Mobile Banking Application - 13 Comments
Posted By Nikhil Pahwa - Wed 16 Jan 2008 01:00 AM PST

ICICI Bank has introduced iMobile, a mobile application that allows customers to use it in a manner similar to the Internet banking transactions, including transferring funds to ICICI and non…

STAR, BCCL To Launch Home Shopping Business: Report - 0 Comments
Posted By Nikhil Pahwa - Tue 15 Jan 2008 10:26 PM PST

After Network18’s HomeShop18, another home shopping network is reportedly in the works. Business Standard reports that STAR India and the Times of India group (BCCL) are tying up with a…

TravelGuru Acquires Desiya For $25 Million - 2 Comments
Posted By Nikhil Pahwa - Fri 21 Dec 2007 12:49 AM PST

$25 Million (around Rs. 100 crores) is the amount that Online Travel Agency (OTA) TravelGuru is paying for B2B hotel portal Desiya.com, reports ET. The acquisition had been reported a…

Alibaba.com Eyes India…But No Plans Yet For Acquisitions Or Even An Office Here - 4 Comments
Posted By Nikhil Pahwa - Mon 17 Dec 2007 02:05 AM PST

Alibaba.com, the Hong Kong Stock Exchange listed B2B arm of the Alibaba group of companies is eying India as a priority market. The company claims to have a customer base…

Railways To Set Up Voice Portal For Ticketing - 4 Comments
Posted By Nikhil Pahwa - Mon 10 Dec 2007 08:54 PM PST

In Indian Railways is setting up a voice portal (or Interactive Voice Response System/IVRS) to enable prospective travelers to book tickets via the mobile, reports the Indian Express. The Railways…

Mobile Payment Roundup: Paymate-US Market; Obopay-Six Banks; HDFC-MWallet - 1 Comment
Posted By Nikhil Pahwa - Fri 07 Dec 2007 03:08 AM PST

-- Paymate, a mobile payment startup funded by Sherpalo Ventures and Kliener Perkins Caufield & Byers, is planning to enter the North American market, looking at international money transfers, reports…

Smile Interactive To Set Up E-Commerce Kiosks; Expects Operating Break Even In Year One - 5 Comments
Posted By Nikhil Pahwa - Wed 05 Dec 2007 11:02 PM PST

Smile Interactive plans to set up around 97,000 e-commerce kiosks in the next three years in India, starting with 900 in the first phase, reports Business Standard. These kiosks, at…