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Indian e-commerce booming with Angel investments!

Orverall, Indian startups raised $1.42 billion across 307 deals in Q1 2016 in which e-commerce bagged the maximum numbe of deals as well as maximum value of deals as against 147 deals valued at $1.7 billion in Q1 2015.

BY Guest author  |  Feb 14, 2017  |  comments ( 0 )  | 

Genesis Colors rejigs top deck, plans an IPO soon

While the company has citied the move as pre-emptive, Kapoor said the rejig is aimed at consolidating the business as one entity in the next 12-18 months because investors may consider an exit.

BY Indian Retailer Bureau  |  May 27, 2016  |  comments ( 0 )  | 

TinyOwl on stealth mode; halts operation in all cities except Mumbai

The services will now be available only in select vicinities of Mumbai including areas like Churchgate, Colaba, East, Mumbai Central, Worli and Nariman Point among others.

BY Indian Retailer Bureau  |  May 24, 2016  |  comments ( 0 )  | 

Arvind in talks to acquire Sequoia Capital backed T-shirt portal Freecultr

Lately Freecultr has been in the market to raise funds, but without any success amid funding drying up and this prompted the company to initiate talks to sell to Arvind.

BY Indian Retailer Bureau  |  May 09, 2016  |  comments ( 0 )  | 

Peppertap to shut grocery operations to focus on its logistics business

The company will shut its grocery delivery operations within one month and is planning to diversify into a logistics solution provider to compete with starups like eKart, Delhivery and DHL etc.

BY Indian Retailer Bureau  |  Apr 23, 2016  |  comments ( 0 )  | 

Pepperfry ends 2015 fiscal with a 3X loss

Furniture and home products online marketplace Pepperfry has recently reported a 3X loss of 88 cr compared to 30 cr it registered in the previous fiscal.

BY Indian Retailer Bureau  |  Feb 27, 2016  |  comments ( 0 )  | 

Hyperlocal faces the heat with PepperTap shutting operations in 10 cities

This move from the Snapdeal and Sequoia Capital backed company comes in the light of cost cutting due to fund crunch which is being faced by many hyperlocal providers in the recent times.

BY Indian Retailer Bureau  |  Feb 09, 2016  |  comments ( 0 )  | 

Sequoia Capital to invest $920M Fund in Indian Start-ups

With a clear motive of investing in Indian startups as well as South East Asian companies, Silicon-based VC firm, Sequoia Capital has raised a mammoth $920 million fund.

BY Indian Retailer Bureau  |  Feb 02, 2016  |  comments ( 0 )  | 

Urban Ladder expects $200 mn revenue by mid-2016

Bengaluru-based curated online furniture retailer, Urban Ladder, expects to get into profit as soon as its revenue reaches $200 million which the company foresees happening by the mid of 2016

BY Indian Retailer Bureau  |  Jan 11, 2016  |  comments ( 0 )  | 

Go Colors to double retail presence; plans Rs 30 cr investment

Clothing firm Go Colors is looking at doubling its retail network by 2016-17, and plans to invest Rs 30 crore over the next 6-9 months on footprint expansion.

BY Indian Retailer Bureau  |  Nov 23, 2015  |  comments ( 0 )  | 

Ola secures Series F funding from Baillie Gifford, Didi Kuaidi with others

One of India’s cab aggregators, Ola, has recently completed its Series F funding round and have raised around $500 million.

BY Indian Retailer Bureau  |  Nov 18, 2015  |  comments ( 0 )  | 

Ethnic e-tailer Craftsvilla raises Rs 220 crore

Etsy-like marketplace for ethnic products,, has raised $34 million - or Rs 220 crore - led by existing investors Sequoia Capital India and Lightspeed Venture Partners.

BY Indian Retailer Bureau  |  Nov 17, 2015  |  comments ( 0 )  | 

Zomato to focus on revenues

Zomato will return to basics in the form of focus on old-fashioned topline and bottomline as it reorients itself in anticipation of a tougher funding environment for startups, the biggest investor in the online restaurant guide said on Friday.

BY Indian Retailer Bureau  |  Nov 07, 2015  |  comments ( 0 )  | 

Customers give Snapdeal a big thumbs up for the Fashion Monday Sale

The trends indicate upwards of 15x growth in women ethnic wear including anarkali suits, sarees and lehengas. There is a huge surge in orders for shoes and fashion accessories such as watches, perfumes and fragrances.

BY Indian Retailer Bureau  |  Oct 26, 2015  |  comments ( 0 )  | acquires

Zigwheels from Times Internet Limited has been recently acquired by Giner Software Private Limited, which own auto portals like and

BY Indian Retailer Bureau  |  Oct 26, 2015  |  comments ( 0 )  |