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Category: NEWS

  • News : Huge growth in store for in-app mobile messaging and more

    Huge Growth in Store for In-App Mobile Messaging

    In-app mobile advertising is expected to jump significantly between now and 2018, according to new figures from Juniper Research. Ad spend in this category will reach US$16.9 billion by 2018, up from $3.5 billion last year, the consulting group found.Smartphones currently account for approximately 70 percent of in-app ad spend, Juniper said, but that ratio is expected to change over time as tablet use claims a bigger portion of the mobileecosystem

    Link: https://bit.ly/1au97vN

     

    Rocket Internet-backed Printvenue looks beyond India, ventures into Singapore

    Printvenue, a Gurgaon-based printing solutions venture backed by incubation-cum-global investment firm Rocket Internet, has forayed outside India by establishing a separate country specific site for Singapore. The site was launched a few months ago and is already contributing around a sixth of its revenues.

    Link: https://bit.ly/1dcoGZ2

     

    Facebook Launches Indian Political Interest Lists Ahead of Assembly Elections

    Users can now follow what elected representatives of States are saying via the ‘Interest Lists’ feature that Facebook has introduced. The Facebook Indian Political Interest lists include that of Indian Political Parties and Indian Political leaders on Facebook.

    Link: https://bit.ly/1b7maDu

     

    Is Reporting Really Analytics?

    Yes. Reporting is analytics. Now that I have your attention, let me explain the rationale behind my conclusion.

    Link: https://bit.ly/1fDZ4Mq

  • News : YouTube’s Latest Experiment Offers It’s Users a Cleaner Interface and more

    YouTube’s Latest Experiment Offers It’s Users a Cleaner Interface and Higher Focus on Videos
    Youtube is testing out a new interface with higher focus on videos. Though it is available to a selected few, there is no information on when it will be rolled out. As reported by Tech2Notify, it is in par with its mobile apps. This is done with an effort to give the same look and feel across all devices.

    Link: https://tnw.co/1iSmfQR

     

    PayPal Revamps Online Payment Process
    EBay’s payments service PayPal has redesigned its online checkout process to let shoppers complete their payment on merchants’ websites, rather than go to a separate PayPal site.

    Link: https://bit.ly/1aEtuKj

     

    Zapping Through the Mobile Payments Maze
    Mobile payments is a hot topic in technology circles – but there are as many definitions of what the term means as there are companies vying for the dollars of finger-swiping, screen-staring shoppers.

    Link: https://on.ft.com/1duEgVK

     

    500 StartupWallah Invests in Location-based Price Search Engine Pricebaba
    Pricebaba.com, a location-based price search engine for mobile phones, has disclosed that it had raised funding from 500 StartupWallah, an India-focused micro venture fund from 500 Startups. The exact amount raised is not disclosed. The investment was done in November 2013.

    Link: https://bit.ly/1j6H91k

  • News : Firstcry raises $15M and more…

    Excl: Hybrid Online-Offline Baby & Kids Products Retailer Firstcry Raises $15M in Series C led by Temasek’s VC arm

    Pune-based BrainBees Solutions Pvt Ltd, the startup behind Firstcry.com, which offers baby and kids’ products, has secured $15 million (Rs 93 crore) in its third institutional funding round led by Vertex Venture Holdings, a venture investment arm of Singapore’s sovereign wealth fund Temasek.

    Link : https://bit.ly/1cZTMmm

    Koramangala Shoppers Wooed by Wooplr 

    Amidst cut-through completion of e-commerce platforms, there are techies who are enabling those brick-and-mortar shopping freaks to continue shopping without wasting much time. Wooplr, a photo-intensive mobile and web platform was launched by the four ex-employees of McAfee with the same purpose. The concept aims to boost sales for offline businesses. 

    Link : https://bit.ly/1lYeX0w

    BankBazaar Raises $13 mn Funding from Sequoia Capital & Walden

    BankBazaar, a Chennai based financial services portal has raised $13 mn from Sequoia Capital and Walden International, says a new report.Founded in 2008, BankBazaar aggregates and sells loan products, insuance and deposits from different banks.
    Link: https://bit.ly/1aYFZwE

    Little ‘ions’ in quest for fun-filled Facebook

    When (chief technology officer) Satyam starts checking in, there will be traffic jams in electron flow!

    This is not a line for a Rajnikant- inspired joke book, but from the company manual of Little Eye Labs the first Indian start-up acquired by social networking giant Facebook earlier this month.
    Link: https://bit.ly/1iLOkcv

  • News : Little Eye had Multiple Buyout Offers from Global Firms and more

    Little Eye had Multiple Buyout Offers from Global Firms Before Signing Deal with Facebook.
    VenturEast Tenet Fund- and GSF Accelerator-backed Little Eye Software Labs Pvt Ltd, an app performance solutions firm, is the first Indian company to be snapped by social networking giant Facebook.

    Link: https://bit.ly/1evYScX

     

    Gmail to Finally Display Images
    Google’s Gmail service will finally show images by default in emails. The company has done this by serving all the images users receive on its own proxy servers, instead of serving them from external host servers.

    Link: https://bit.ly/1eO9c05

  • News : E commerce Industry Braces for Change and more

    Ecommerce Industry Braces for Change – Online Transaction Made Difficult [More Secure]
    Ecommerce Industry is bracing for a change – now you will not be able to use your debit/credit card online Unless you register with your bank.

    Link: https://bit.ly/1lHhBaH

     

    State Bank of India Launches Online Marketplace for Its Card Holders, Powered by Martjack
    India’s largest public sector Bank, the State Bank of India seems to have started running an online marketplace to sell goods to its customers

    Link: https://bit.ly/JM3QJs

     

    Online Supermarket LocalBanya Raises Series A Funding
    Mumbai based online supermarket LocalBanya  has raised Series A funding from Mumbai based realty development group Karmvir Avant Group. The amount of investment made was not disclosed

    Link: https://bit.ly/1aM1G2X

     

    Startup mYwindow Pivots; Launches App That Makes Selling Digital Goods Easy
    The folks at mYwindow, a startup that wanted to be a place where you could follow all your interests, are pivoting to launch a new mobile app that makes it easier for users to sell digital goods.

    Link: https://bit.ly/1bXLXh3

     

    Ecommerce Going Offline in India : A Fad Or Market Reality?
    Retailing in India is not just about only offline model or online, there is a huge gap between the two models that e-tailers are trying bridge by going hybrid- a combination of online & offline retailing.

    Link: https://bit.ly/1eewtds

     

    Yahoo bets on digital magazines, predictive search on smartphones
    Yahoo Inc Chief Executive Marissa Mayer unveiled a handful of new products, including a competitor to Google Inc’s predictive search technology for smartphones, in a debut appearance at the Consumer Electronics Show that drew a big crowd.

    Link: https://techcircle.vccircle.com/2014/01/09/yahoo-bets-on-digital-magazines-predictive-search-on-smartphones/

  • News: India’s first shoppable hangout with Myntra and Hrithik Roshan and more

    In what can be considered as an effort for Google’s move in Indian e-commerce, it has come up with the country’s first shoppable hangout. It has roped in online retail shop Myntra and Bollywood actor Hrithik Roshan for hosting the first event.

    Hrithik Roshan, launched HRX, a private label will hangout in the air at Myntra’s Youtube channel. Fans will be able to interact with the star. Myntra is running a contest to select a winner for the Hangout.

    LogicSpeak :

    A unique initiative, this is a good start on seeing the integration of customer service and social media to the next level. The popularity of the hangout will pave ways for coming up with innovative ideas in the e-commerce space.

    Source: https://bit.ly/1aaBhf9

     

    Other news:

    With Personalisation Suite, Targeting Mantra Ups Conversion Rates for Ecommerce Stores
    While working in the core personalization team at Amazon, Saurabh Nangia realised that most online businesses and small businesses lacked user personalization and targeting.

    Link: https://www.nextbigwhat.com/personalisation-tools-for-ecommerce-targeting-mantra-297/

     

    Vodafone India Opens Up App Developer Platform With API Access
    Vodafone India has launched Vodafone Developer Platform for app developers and content service providers, both local and international, to connect with Vodafone in order to offer operator billing.

    Link: https://www.nextbigwhat.com/vodafone-india-developer-platform-297/

     

     

    Groupon Beefs up its team; hires top Indian exc from Walmart Labs.
    Groupon Inc. has beefed up its executive team with two hires, including a vice president from the Silicon Valley e-commerce research unit of Wal-Mart Stores Inc.

    Link: https://www.etailingindia.com/groupon-beefs-its-team-hires-top-indian-exec-walmart-labsetailingindia

     

     

    The year in e-commerce in investments and mergers
    Investors and buyers put $19.67 billion into digital media and commerce firms in 2013, according to Petsky Prunier, an investment bank that tracks the number of transactions and the reported value of those transactions

    Link    : https://www.etailingindia.com/year-e-commerce-investments-and-mergersetailingindia

  • News: DIPP lists out the pro’s and con’s of FDI in e-commerce India and more

    – DIPP lists out the pro’s and con’s of FDI in e-commerce India

    Department of Industrial Policy and Promotion is allowing comments for opening FDI investment for e-commerce. Unlike the e-commerce section, unrestricted FDI is allowed in business to business segment.

    In a paper termed ‘E-commerce in India’ the department has sought comments and responses for a few vital impacts. Comments are invited until January 30. Comments are requested for questions ranging from should FDI be allowed in e-commerce to what should be the total percentage. Foreign players such as Amazon and e-Bay have already lobbying for introducing FDI in this space.

    The negatives against this moves can be it’s impact on smaller stores. One also needs to be vary about how it affects the domestic industry.

    LogicSpeak:

    It is believed that by 2020 E-commerce will contribute up to four percent of the GDP growth. Hence, the move will help the e-commerce companies who are looking for funds to expand.

    Source: https://bit.ly/1huwg8Y

     

    – ‘Jelly’ a new search app for finding solution to queries is unveiled by Twitter co-founder

    A new search app named ‘Jelly’ has been unveiled by Mr. Biz Stone, Co-founder Twitter in a video on the company website.

    This smart phone app aims to improve the way individuals search for information by querying people instead of internet search engines. It will enable users to submit questions to their network of friends on social media platforms.

    LogicSpeak:

    Similar platforms such as the Jelly already exist. These platforms form an important part for real-time engagement and cash on the idea of connectivity. We will have to wait and watch the kind of profit or brand engagement this app receives.

    Source: https://bit.ly/1duQM2v

     

    Other news:

    E-commerce Firm Allschoolstuff To Shutdown

    And it’s another casualty in the Indian e-commerce space, online education and stationery market allschoolstuff is scaling down its operations in the school and student supply space.

    Link: https://bit.ly/1lOmv2Y

     

    Paytm Joins The E-wallet Bandwagon With Paytm Cash Wallet

    Paytm, the online recharge platform from One97, has launched Paytm Cash Wallet, a virtual cash wallet.

    Link: https://bit.ly/1fcmMP

     

    Facebook acquires Bangalore based Little Eye Labs

    Facebook has acquired Banglore based Little Eye Labs, a company building performance analysis and monitoring tools for mobile app developers. The acquisition has been confirmed on the website of Little Eye Labs.

    Link: https://bit.ly/1lOscOg

  • News: Flipkart might acquire fashion portals such as Zovi and YepMe

    Flipkart, has launched its own fashion brand (Flippd) last week, and is looking at expanding its reach into women’s wear. In 2014, it will go a step ahead and look at acquiring some brands under its kitty. It is believed private labels such as Zovi, Yep Me are under consideration for acquisition, along with varied opportunities within the market space.

    LogicSpeak:

    The coming months might see major e-commerce players looking at pushing forth the idea of creating private labels to boost profit. Snapdeal and now Flipkart are aiming at using this strategy and hope to garner profits soon. This two-billion dollar industry has opened doors for real-time shopping and made consumer the king.

    Know more at : https://bit.ly/JEVyCX

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