The Data Driver

Paytm Mall has announced the appointment of Amit Sinha as the Chief Operating Officer (COO).  He will be responsible for overall operations of Paytm Mall and expanding the team to ensure customers have access to the widest assortment of products across categories, delivered quickly through an efficient and optimised partner logistics network. Amit has served in several key business roles in Paytm and helped implement critical business, HR and financial processes for the company.
Speaking on the announcement, Vijay Shekhar Sharma, Founder & CEO - Paytm said, “At Paytm Mall, we are addressing a unique opportunity of giving small businesses and retailers access to mobile internet technology to address India's large mobile consumer base. Amit's experience in building various businesses since their inception makes him our best choice to lead our commerce business.”
Amit Sinha, COO - Paytm Mall said, “Our goal is to build the country’s largest platform that enables trusted part…

The comeback device from Yu - Yureka Black which was launched exclusively for sale on Flipkart has witnessed record sales on the first day of its launch. Following the midnight launch on 5th June, Flipkart sold the Yureka Black at a rate of over 80 units per minute. With over half a million notify me's and 2 lakh unique visitors to the product page, the product was bound to be a hit among the Flipkart consumers.
The Yureka Black 4GB/ 32GB (Chrome Black) variant went out of stock in less than 15 hours of the go-live. The conversion of the device was 5-6% higher than competing phones in similar price segment. The Yureka Black has exceeded the sale performance of previous Yureka Phone launches on Flipkart. The product is competitively priced at Rs8.999 and Flipkart is offering an exchange upto Rs 8,500 and Rs.300 cashback on payments via Phone pe for the device, making it an extremely attractive price proposition. The product is available in Matt Black and Chrome Black colors and is…

As part of a new initiative, Myntra announces the launch of its Accelerator Program. Through this initiative, Myntra is looking at forging strategic partnerships with about 10-15 local fashion brands that have a strong founding team and unique design sensibility. The program is designed to accelerate growth of these brands through technical, know how, and branding support from Myntra. 
As a part of this program, Myntra has signed partnerships with two brands, Chemistry and AKS and has five more brands in the pipeline. Chemistry is a trendy fashion brand for women, who want to stand apart from generic fashion. With a reach of about half a million customers at present, its association with Myntra through the Accelerator program is expected to take it to 3 million customers in the next 3 years. AKS is an ethnic wear brand for the modern day Indian women. The brand’s strong product value proposition has helped it scale to a $6 million annual GMV in 3 years. Under Accelerator, i…

News Corp VCCEdge,  India’s leading publisher of alternative investment, deals and startup news, data and information and part of globally diversified media, education and information services group, News Corp, has today released its Startup Deal Report Q1 CY2017.
Capturing funding deal activities encompassing private equity, venture capital, angel/seed investment transactions for the seventeen quarters ending March 2017, the report also offers information on mergers and acquisitions with sector and region-wise analysis.
Highlights of Startup Deals report Startup funding sees grim times ·         Startup funding activity slowed down drastically with deal-making slipping 47.45% vis-à-vis Q1 CY2016 ·         Cumulative deal values dipped by 45.76% Q-o-Q

Consolidation soon after a record year of startup funding in the year 2015 ·         M&A deals in the startup space witnessed a 75% jump Q-o-Q ·         Acquisition of Citrus Payments Solutions ($130mn), One Mobikwik ($41mn), ZipDia…

On the occasion of World Health Day, Amazon.in revealed that their healthcare devices category is observing a huge demand. According to Amazon.in younger generation is taking health & fitness seriously and have played an active role by educating elders about the need for healthcare devices especially by gifting them to their parents.

Mahindra Comviva announced that it has won three awards at the prestigious Aegis Graham Bell Awards at a glittering award ceremony held recently in New Delhi. The award ceremony was attended by Hon'ble Minister Dr. Jitendra Singh, Minister of State in the Prime Minister’s Office and Dr. Sam Pitroda, Father of Indian Telecom Revolution.

Styletag.com will exclusively launch renowned celebrity fashion designer AnjanaMisra’s spring summer collection on its platform. With this launch, the online platform will be an exclusive online partner for the designer’s collection.Styletag is known to offer some lux prêtfashion and styles at affordable prices.

In its endeavor to expand its online reach in India, Lenskart.com, one of India’s leading eyewear company, recently launched a revolutionary product. ‘Lenskart Lite’, India’s e-commerce industry’s first NO internet app, suited for android mobile phones will make shopping possible even without no internet. Lenskart Lite has been built to allow users to browse the varied range of eyewear products offered by the company and purchase them even in the absence of internet.

Paynimo, a digital payment platform by Techprocess announces its tie-up with NumberMall, a rural e-commerce company based out of Hyderabad. It was started with a vision to be India’s largest rural retail tech company by serving 70% of India’s rural population needs by tech-enabling the 1.5 million kirana shops to reach 833 million rural consumers in India’s 650,000 villages.

The report titled “Brazil E-commerce Market Forecast to 2020” provides detailed overview on the E-commerce Market in Brazil and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for manufacturers, retailers, travel agencies, logistics providers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Samsung India announced the launch of Galaxy On8, which will be sold online through Flipkart as part of their Big Billion Day sales celebrations  from 2nd October 2016 23:59 hours. The 4G and VOLTE-enabled smartphone is packed with a host of India specific features which will take the smartphone experience to the next level. The Galaxy On8 combines premium design and powerful performance with ultimate convenience and style.

By: Dan Radak
There used to be a time when individuals and companies could run their ecommerce business by relying on their experience and hunches to guide them. The competition was weaker both in number and expertise and all you needed was a good choice of the product(s) to succeed.

Snapdeal, India’s largest online marketplace, announced the launch of its new brand identity, which aims to capture the pulse of a confident, aspirational India. The new brand identity repositions Snapdeal as the platform that believes in the potential and dreams of its consumers and partners them in their journey to a better life. The heart of the new positioning is about recognizing the real needs of the users and understanding that each purchase is not just a transaction, but an opportunity to upgrade to a better life, expressed in the new brand identity as “Unbox Zindagi”.

Snapdeal announced the launch of the InFocus Buddy Notebook exclusively on the platform. Available at an alluring price of INR 14,999 on Snapdeal, the sleek device is a combination of aesthetic excellence, exquisite design and powerful performance.

DataWeave, an emerging technology company that provides competitive intelligence to brands and retailers, today announced international expansion with client wins in North America and South East Asia.

Indifi Technologies, an enabler for SME funding in India, successfully partners with ShopClues, in a bid to augment business capabilities of the latter’s associate sellers. Under the partnership, Indifi aims at extending working capital support to merchants trading on Shopclues, through its extensive lender base. The financing aid enables these sellers to maintain their product inventory and scale up their businesses more rapidly. It is a threefold association that not only boosts Indifi’s industry outreach but also amplifies the commercial capacity of both ShopClues as well as its sellers.

Infibeam Incorporation Limited will open on Monday, March 21, 2016, a Public issue of equity shares of Face Value of Rs. 10 each for cash at a Price Band from Rs. 360 to Rs. 432 per Equity Share (including a share premium) aggregating up to Rs. 4,500 million.

In a first-of-its-kind move, Zopper, India’s largest Hyperlocal mobile marketplace, has recently announced its strategic partnership with Viber, a leading instant messaging and Voice over IP (VoIP) application. The move, which signals at an impending shift in the way Hyperlocal commerce is approached, will see Zopper as the first ever Hyperlocal shopping app on Viber’s platform.

ShopClues announces an exclusive tie-up for the launch of Asus ZenPad Theater store on its platform. It’s the only online marketplace where the stellar tablet range from the Taiwanese tech giant is available at the moment. The ZenPad Theater is available in two variants, the 7.0 and 8.0 at Rs 14,999 and Rs 17,999 respectively.

ForMyShaadi.com, India’s first comprehensive wedding gift registry website has partnered with a premium bouquet of merchants to let its users have their pick from a coveted list of brands.