India

TheGoodDeal.in tries SMS

TheGoodDeal.in, an online-classified platform for buying, selling, renting and exchanging local goods, has kicked off an SMS campaign to reach more customers through their mobile devices, reported Financial Express. Promoted by Alexandre Balkany and Mithias Millin, both collectors of Star Wars memorabilia, the site already has several cool features, namely a showcase / storefront feature...

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Matrimony.com files initial IPO plan

Matrimony.com Pvt Ltd, which owns a clutch of dating/matrimony-related online portals, such as BharatMatrimony.com, EliteMatrimony.com, CommunityMatrimony.com, AssistedMatrimony.com, MatrimonyDirectory.com and Tambulya.com, has filed its Draft Red Herring Prospectus (DRHP) with securities market regulator SEBI to float its initial public offering (IPO). A red herring prospectus does not have...

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India’s major auto portal relaunches

CarWale, India’s largest automotive portal, owned by Automotive Exchange Pvt. Ltd. and part of the Axel Springer Group, unveiled a new look for its website, mobile site and the mobile app. The outcome of months of months of consumer research and usability testing, the new design has a contemporary, minimalist feel to it. The new design follows the new flat web, scroll-down, tile format with...

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Walmart bets big on 4G technology

In an effort to build its business in India, Walmart has launched two mobile solutions, ‘Best Price’ Mobile App and ‘Dial-a-Deal’ IVR system, for registered members of its wholesale stores in India, Walmart India President & CEO Krish Iyer told India’s leading news agency, PTI. Going forward, Walmart intends to use multiple business-to business channels that retailers can...

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Internet firms in India to double by ’16

E-commerce is booming in India and how. Top online marketplaces – Amazon-India, Snapdeal, Paytm and Flipkart – are ramping up resources fast to build capacity, leading to a hiring spree, reported the Economic Times (ET). Snapdeal is looking to double its employees from 5,000 by FY16, reports ET. It’s hiring across functions in technology, products, sales, supply chain and...

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Quikr reportedly to buy Housing.com

Indian classifieds portal Quickr.com is in talks to buy the real estate marketplace Housing.com for up to $175 million, according to the The Times of India. The startup, valued at $250 million during its last round of funding in November, is currently shrouded in controversy and should the sale happen, it will effectively amount to a distress sale. According to reports a likely deal will depend...

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