eCommerce

E-commerce Giant shelling out huge investments in food delivery based startup
Ele.me, a China based food ordering platform, raised a huge amount from Alibaba. The startup is a successful delivery system platform to connect various restaurants with consumers. Ele.me is an online food ordering website. It facilitates delivery based services, connecting customers with restaurants. It is based in China, and was

Bigbasket Online Grocery Store raised $150m in Funding
Bigbasket an online grocery store raised funding’s from Abraaj Group, InternationalFinanceCorporation, Sands Capital, Bessemer Venture Partner, Helion Advisors, Zodius Capital and Ascent Capital. Bigbasket in a popular online Grocery store. It raised $150 million from a UAE-based Abraaj Group and other investors. Abraaj Group is also a leading investor in

Rise of e-Commerce Startup in India, risky yet profitable
India is among the largest consumer market in the world. Past couple of years has contributed in high book of ecommerce industry. A few among them like Flipkart and Snapdeal are one of the most successful startups. But with this there is also a rise of a risk contributed by

Veeqo, a Popular e-Commerce Acquires ParcelBright
Veeqo’s latest venture involves acquisition of ParcelBright.com, a delivery startup. Veeqo which is an inventory software specialist in e-commerce aims to create easier selling point by tying up with ParcelBright. How ParcelBright started out? Based in London, this parcel delivery startup was established in 2014 by Daniel Lipinsky and Carlos
Deliv – same day delivery startup, gets funding from UPS
Deliv Inc is a popular startup that is gaining momentum because of delivering upon its ideology of shipping transfers on the same day. This California based company acts as a help in bringing goods from brick and mortar stores to deliver it to people, and on the same day. UPS’s

Nigerian Startup Africa Internet Group (AIG) Raises Large Capital
Reports say that some of the best funded ecommerce startups in Africa have managed to obtain more capital. Sources say that Africa Internet Group (AIG) will be receiving $ 83 million from Europe’s AXA Insurance at the rate of an 8% return on equity stake. AIG owns online retailer Jumia