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ECOMMERCE

ShopClues launches its offline payment solution; competes directly with PayTM

ECOMMERCE FINANCE & BANKING TECHNOLOGY TRENDING 
Dec 6, 2016Jan 23, 2017 Pankaj Handa

ShopClues, one of the largest ecommerce firms in India, has launched an offline payment solution called “Reach” for local merchants.

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PayTM to merge its wallet service with upcoming payments bank

COMPANY OF THE MONTH ECOMMERCE FINANCE & BANKING 
Dec 5, 2016 Pankaj Handa

With its payments bank awaiting regulatory approvals, PayTM has decided to merge its wallet service with the proposed bank. The

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Local services platform LocalRamu raises funding

ECOMMERCE 
Dec 2, 2016 Ambili funding, local service, LocalRamu

Bangalore based local services platform LocalRamu has secured its second round of funding from existing investors and two new angel

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Location-based shopping app ShopsUps raises seed funding

ECOMMERCE 
Nov 30, 2016 Ambili online shopping, seed funding, ShopsUps

ShopsUp, a location-based shopping app, announced a Seed funding of about $963K (INR 6.6 Cr) from Anand Sankeshwar, managing director

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MobiKwik launches Lite for slow internet connections

ECOMMERCE 
Nov 29, 2016 Ambili Digital Wallet, mobikwik, MobiKwik Lite

Mobile wallet platform MobiKwik, has launched MobiKwik ‘Lite’, to help unorganised retailers and shopkeepers across India in receiving payments seamlessly.

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Now pay bills and withdraw cash with Ola Money

ECOMMERCE 
Nov 29, 2016Nov 29, 2016 Ambili Mobile ATMs, Ola Cabs, ola money, Utility Bills

Ola Money, the popular digital payment solution from Ola, has enabled cashless payments through its wallet for key utilities like

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Go Cashless: An app to pay your domestic helpers

ECOMMERCE 
Nov 28, 2016Nov 28, 2016 Ambili cashless, domestic helpers, Serv'd

Demonetisation woes may have slightly eased for those who have switched to cashless payments but it still spells uncertainty for

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Flipkart loses Rs 2,306 Cr in its battle with Amazon

ECOMMERCE 
Nov 28, 2016 Ambili amazon, flipkart, FY15, Loss

Home-grown eCommerce giant Flipkart has lost more than double to Rs 2,306 crore in the financial year ended March 31,

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QuikrHomes acquires Grabhouse, launches cashless rentals

ECOMMERCE 
Nov 23, 2016 Ambili Cashless Rentals, Grabhouse, Quikr Homes

QuikrHomes has announced the launch of its cashless managed rentals solution with the acquisition of Grabhouse—digitally-driven home rental solutions provider.

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Now book train tickets with FreeCharge

ECOMMERCE 
Nov 21, 2016 Ambili Digital Payments, freecharge, irctc

Digital payments platform FreeCharge has tied up with the Indian Railway Catering and Tourism Corporation (IRCTC) to provide digital payments

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