Softbank, Japanese investing firm has invested $75M in online marketplace Snapdeal, This is the second recent fund raise made by the company.

Just three months ago, Snapdeal had closed a $75 Mn investment round from a series of investors including Ebay, Intel Capital, Russian venture fund Ru-Net, Saama Capital, Recruit Co, existing investors like Nexus Venture Partners, Bessemer Venture Partners and IndoUS Venture Partners and a few angel investors.

Overall, the company has raised a total of $202 Mn investment until now, which includes a $40 Mn round from Bessemer Venture Partners, Nexus Venture Partners and Indo-US Venture Partners in … Read more

SoftBank invests $75M in Snapdeal


Online health store


HealthKart, gurgaon based online retailer has raised $5M from Sequoia Capital and Omidyar Network as part of series B round.  In April 2011 HealthKart had raised $1M from Kae Capital and Sequoia Capital.

Primarily the investments will be utilized in strengthening the product portfolio, supply chain system and good chunk of investments will be deployed in marketing.

Healthkart, is founded by two IIT-D graduates – Prashant Tandon and Sameer Maheshwari. They have able to bring in some talented entrepreneurs in their core team, for instance Animesh Jain is head of Online Marketing & Product, Animesh was CEO … Read more

HealthKart receives $5M from Sequoia Capital and Omidyar Network

a2zbaby 4


a2zbaby, a Mumbai based startup is a new e-commerce player in the baby care product vertical. a2zbaby aims to provide an e-commerce storefront where parents can find and discover products for their baby and buy it at will.

a2zbaby offers, chemical safe products, considering the safety and development of the child at each stage. a2zbaby delivers wide Read more

a2zBaby – online retailer of babycare products


India’s largest and most trusted online retailer Infibeam has succumbed to daily deal phenomenon and  has launched “Infibeam Magicbox” – a section on the site with a unique product to be put on sale every Midnight. The product will be priced extremely attractively for customers.

Magic Box products would carry heavy discounts from their list prices but would Read more

Daily deal from Infibeam – Magicbox



Booksvilla is a startup which is joining the crowded online bookstore space. Booksvilla is founded by Chirag Rathod and Rohan Pimparkar, both students of Entrepreneurship Development Centre at Mudra Institute Communications. Both are voracious readers and very passionate about books which propelled them to develop an ecommerce site on books which will improve browsing and shopping experience.

Booksvilla has put up books 90+ categories ranging from acting to tarot, search feature is implemented well. Though prices are not very competitive when compared to flipkart.

Besides selling new books Booksvilla offers a unique, first-of-its-kind online book exchange program through its portal. … Read more

BooksVilla – an exchange platform for used books