Groupon


JasperIndia

Jasper Innovative Marketing Solutions, parent company of Snapdeal has raised $12M from Nexus Ventures Partners and Indo US Ventures in series B round. Jasper aims to become mini Groupon, its expanding agressively in different countries, it has already operations in 5 countries – Sri Lanka, Nepal, Bangladesh, Maldives and Singapore and plans to acquire more players in Read more

Jasper, Snapdeal parent company raises $12M


Groupoff - Indian Groupon Clone

Forget GroupOn, GroupOff has emerged in India. As the name suggests GroupOff is another Indian Groupon clone which aims to become leader in group buying space in one year time frame. At present GroupOff deals are available in Bangalore, soon they are launching services in other Indian metros.

To save the deal from getting canceled by not meeting the minimum numbers, GroupOff is giving incentive in form of free t-shirts to users to meet the requirement of making a deal live, smart move :) carrot generally works in India.

Groupoff - Indian Groupon Clone

GroupOff negotiates with the merchants and come up with the coupons offering … Read more

GroupOff – another Indian GroupOn Clone


Mydala_snapdeal_koovs

Immense hectic activity going on in the group discount space in India. Some new group discount portals like lootmore.com have sprung up with sole intention of getting acquired, portals like Taggle and Snapdeal have able to raise Venture Capital and some players like Grabbon have merged themselves with bigger player Snapdeal.

Coming days you may witness further consolidation is this space. There is a strong buzz in the market that one of the prominent player from NCR in group discount space going to be acquired by bigger player or it could be an internet company interested in getting a pie … Read more

Acquisition candidate in Group discount space?



Immense mind boggling  activity in the social buying segment taking place in India. Groupon, the American giant is valued close to a billion dollars. A couple of smaller Indian players have sold out. A few have grown bigger and better. Their margins have grown stronger, touching the 30’s, than what I earlier predicted. Funding has come to a few and others are on the negotiating table. This sector is up for a lot of action in the next 6 months.

Recently, I dug deeper and found some interesting facts.

It all started in Oct – Nov 2009 when enthusiastic copy

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Potential Indian buy for Groupon


Group discount

Group discount

After covering few Indian group discount sites and their related news i have successfully insulated myself from buying any of the coupon since i am not crazy about discounted items. I buy things, if they have discount well and good but i never buy items just they carry discount.

I bought a coupon (paid Rs. 150 for Rs. 300 bill) for a chinese restaurant which is located close to my office from a bangalore based grouping site. I am a regular customer of this restaurant and  i quite like their food. That’s the prime driving factor for me to go … Read more

Demerits of a Group discount coupon