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ECOMMERCE

Amazon plans to start its food retail business during Diwali

ECOMMERCE 
Aug 8, 2017 Pankaj Handa amazon, food retail

Amazon India, the domestic arm of world’s largest ecommerce player, plans to launch its online food retail business during this

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MobiKwik raises INR225 crore capital from Bajaj Finance

ECOMMERCE 
Aug 3, 2017 Pankaj Handa capital raising, digital payment, mobikwik

MobiKwik, the digital payments company, has raised INR225 crore from Bajaj Finance with the latter acquiring 10 Equity shares and

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Amazon’s India business drags down the profits for global arm

ECOMMERCE 
Jul 30, 2017 Pankaj Handa amazon, investment, losses, quarterly result

Amazon, the world’s largest ecommerce player, reported its Q2 earnings with a steep decline in net profit owing to cash

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Snapdeal’s board gives approval for Flipkart’s $950 million acquisition offer

ECOMMERCE 
Jul 27, 2017 Pankaj Handa ecommerce, merger

Jasper Infotech’s board, the parent company of beleaguered ecommerce major Snapdeal, has approved Flipkart’s bid of $900 million-$950 million clearing

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RentoMojo raises $10 million capital in a Series B funding round

ECOMMERCE 
Jul 22, 2017 Pankaj Handa capital raising, ecommerce, RentoMojo

RentoMojo, the furniture and consumer durables rental start-up, has raised $10 million capital in a series B funding round from

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Lenskart eying offline expansion; targets to reach 500 store mark

ECOMMERCE 
Jul 18, 2017 Pankaj Handa lenskart, offline expansion

Lenskart, the online eyewear retailer backed by Ratan Tata’s investment arm, is planning to invest INR110 crore to increase its

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PayTM acquires majority stake in Insider.in for INR35 crore

ECOMMERCE 
Jul 13, 2017 Pankaj Handa Acquisition, events, online ticketing, payments business

PayTM, the domestic digital payments startup, has acquired majority stake in the online ticketing and events platform Insider.in for INR35

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Amazon further pumps INR340 crore into Amazon Wholesale India

ECOMMERCE 
Jul 7, 2017 Pankaj Handa grocery, investment, Retail, wholesale

Amazon Wholesale India, the Indian subsidiary which focusses on retailing to business entities, has received INR340 crore of capital infusion

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Snapdeal board rejects the first formal offer of $800-900 million buyout by Flipkart

ECOMMERCE 
Jul 5, 2017 Pankaj Handa buyout, distressed sale, Flipkart-Snapdeal merger

Flipkart, the largest ecommerce marketplace in the country, has offered to buy Snapdeal’s marketplace business at an estimated $800-900 million

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Livspace plans to invest INR25 crore to strengthen its offline presence

ECOMMERCE 
Jun 29, 2017 Pankaj Handa offline expansion, online furniture market

Livspace, the online home design start-up, is planning an investment of INR25 crore to expand its brick and mortar presence

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