Category: e-commerce

  • BFM signs MOU with DTDC and DCG for new eCommerce platform in India

    BFM signs MOU with DTDC and DCG for new eCommerce platform in India

    MUMBAI: BFM, a new player in eCommerce in China, announced that it has entered into a Memorandum of Understanding (MOU) with DTDC, India’s largest express delivery network, and DCG Tech Limited, an eCommerce tech company founded by DTDC’s promoters and directors, to jointly develop an eCommerce business in India.

    The core BFM management team comes from the eCommerce giant players in China and is now extending its cross border eCommerce business in China and India claims a BFM release. DTDC Express Limited, a strategic partner of DPD Group, has been operating over 25 years and covers 10,000 locations. DCG Tech Limited is an eCommerce Tech company operating in India for the last 10 years. The company provides online corporate, promotions and packaging solutions for Indian eCommerce and logistics industry.

    According to the MOU with a non-compete clause, a joint venture will be formed to build an eCommerce platform. The cooperation aims to engage the experiences and resources of the companies to allow sellers mainly from India and China to introduce their products to buyers all over the world.

    Through the combined effort, a new online platform (BFMe.in) targets to facilitate logistics and fulfilment with the support of DTDC’s international network. BFM will provide marketing and supplier resources in China. Together with DCG Tech, BFM will also provide the knowhow in operating the eCommerce website.

  • Culture Machine & Paintcollar launch online Being Indian store

    Culture Machine & Paintcollar launch online Being Indian store

    MUMBAI: Culture Machine has extended its brand franchise in association with Paintcollar by launching an online Being Indian storeshop.beingindian.com. Through this strategic partnership, Paintcollar will power the Being Indian store which will feature the brand’s iconic art and designs inspired merchandise so as to further their reach within the BI fan following.

    The e-commerce portal will update the portals designs on the online store on a weekly basis with art ranging from t-shirts, mobile covers, laptop skins and prints among others.

    Following the massive success of the digital channel and fan demand, the venture also launched exclusive brand merchandise as an extension to create more conversations with the consumer. This extension has received a positive response among the fan base through engagements at various offline events such as Comic Con, The Lost Party and various college festivals across the country.

    Culture Machine plans to take this forward through partnerships with popular YouTubers wherein consumers will get access to their merchandise on the Being Indian store online.

    Speaking about the launch of the online store, Culture Machine president Siddharth Narula said, “Being Indian is one of the biggest successes in the digital space and has become synonymous with quirky urbane humour and sensibility. Launching an online store is the next logical step in expanding the franchise so we could give fans a more wholesome experience of the Being Indian universe. Through this store, we will be able to engage with fans across the length and breadth of the country with a unique brand experience.”

    Launched in 2013, Being Indian has come a long way with fresh, young and bold content that resonates with the unapologetic and funny Indian. The channel currently has over 800,000 subscribers and 128 million views. Being Indian merchandise starts at Rs.399/- and the online store has a 15 percent discount as an introductory offer.

  • Culture Machine & Paintcollar launch online Being Indian store

    Culture Machine & Paintcollar launch online Being Indian store

    MUMBAI: Culture Machine has extended its brand franchise in association with Paintcollar by launching an online Being Indian storeshop.beingindian.com. Through this strategic partnership, Paintcollar will power the Being Indian store which will feature the brand’s iconic art and designs inspired merchandise so as to further their reach within the BI fan following.

    The e-commerce portal will update the portals designs on the online store on a weekly basis with art ranging from t-shirts, mobile covers, laptop skins and prints among others.

    Following the massive success of the digital channel and fan demand, the venture also launched exclusive brand merchandise as an extension to create more conversations with the consumer. This extension has received a positive response among the fan base through engagements at various offline events such as Comic Con, The Lost Party and various college festivals across the country.

    Culture Machine plans to take this forward through partnerships with popular YouTubers wherein consumers will get access to their merchandise on the Being Indian store online.

    Speaking about the launch of the online store, Culture Machine president Siddharth Narula said, “Being Indian is one of the biggest successes in the digital space and has become synonymous with quirky urbane humour and sensibility. Launching an online store is the next logical step in expanding the franchise so we could give fans a more wholesome experience of the Being Indian universe. Through this store, we will be able to engage with fans across the length and breadth of the country with a unique brand experience.”

    Launched in 2013, Being Indian has come a long way with fresh, young and bold content that resonates with the unapologetic and funny Indian. The channel currently has over 800,000 subscribers and 128 million views. Being Indian merchandise starts at Rs.399/- and the online store has a 15 percent discount as an introductory offer.

  • Snapdeal’s top Silicon valley talent Anand Chandrasekaran  quits as CPO

    Snapdeal’s top Silicon valley talent Anand Chandrasekaran quits as CPO

    MUMBAI: The eCommerce industry has seen some major tectonic shifts — Snapdeal engineering vp Bhuvan Gupta, Flipkart’s Sharat Singh, Flipkart’s product office Punit Soni, Flipakart’s Mukesh Bansal and Ankit Nagor; and now, most recently, Snapdeal’s Chief Product officer Anand Chandrasekaran.

    Snapdeal co-founder Rohit Bansal confirmed the news with his tweet on Tuesday that read,  “@anandc proud of the super work by you and the product team. Hard to believe that this was just 1 yr. Farewell, keep rocking!”

    Chandrasekaran soon replied back tweeting,  “@rohitkbansal thanks for the support. We did in 1 what would take 3 years anywhere.”

    While Chandrasekaran refrained from making any official comments on his future endeavors, word has it that he is looking to start his own business.

    A  former Yahoo executive, Chandrasekaran joined Snapdeal last June to integrate more services, like Uber, into the company’s flagship app, a model similar to China’s popular WeChat. This high profile Silicon Valley recruit quit the Indian startup within a year, adding to the increasingly long list of top hires from the valley by the Indian Unicorns who are moving on to start their own businesses. As per a leading daily the industry has witnessed close to 17 major movements between  Flipkart, Snapdeal, Ola, Zomato and Paytm to launch  their own startups.

    When asked to comment on it, Snapdeal’s spokesperson further shared, “Anand has done some stellar work on the product side at Snapdeal. His insights and attention to detail have helped us traverse quickly towards launching and improving products at Snapdeal. We wish Anand the very best for his entrepreneurial journey ahead.” Snapdeal didn’t confirm any possible appointments to fill Chandrasekaran’s shoes any time soon.

  • Snapdeal’s top Silicon valley talent Anand Chandrasekaran  quits as CPO

    Snapdeal’s top Silicon valley talent Anand Chandrasekaran quits as CPO

    MUMBAI: The eCommerce industry has seen some major tectonic shifts — Snapdeal engineering vp Bhuvan Gupta, Flipkart’s Sharat Singh, Flipkart’s product office Punit Soni, Flipakart’s Mukesh Bansal and Ankit Nagor; and now, most recently, Snapdeal’s Chief Product officer Anand Chandrasekaran.

    Snapdeal co-founder Rohit Bansal confirmed the news with his tweet on Tuesday that read,  “@anandc proud of the super work by you and the product team. Hard to believe that this was just 1 yr. Farewell, keep rocking!”

    Chandrasekaran soon replied back tweeting,  “@rohitkbansal thanks for the support. We did in 1 what would take 3 years anywhere.”

    While Chandrasekaran refrained from making any official comments on his future endeavors, word has it that he is looking to start his own business.

    A  former Yahoo executive, Chandrasekaran joined Snapdeal last June to integrate more services, like Uber, into the company’s flagship app, a model similar to China’s popular WeChat. This high profile Silicon Valley recruit quit the Indian startup within a year, adding to the increasingly long list of top hires from the valley by the Indian Unicorns who are moving on to start their own businesses. As per a leading daily the industry has witnessed close to 17 major movements between  Flipkart, Snapdeal, Ola, Zomato and Paytm to launch  their own startups.

    When asked to comment on it, Snapdeal’s spokesperson further shared, “Anand has done some stellar work on the product side at Snapdeal. His insights and attention to detail have helped us traverse quickly towards launching and improving products at Snapdeal. We wish Anand the very best for his entrepreneurial journey ahead.” Snapdeal didn’t confirm any possible appointments to fill Chandrasekaran’s shoes any time soon.

  • Starkut.com – mushrooming destination for talent & opportunity providers

    Starkut.com – mushrooming destination for talent & opportunity providers

    MUMBAI: Starkut.com is probably the first and arguably the best online platform for the media & entertainment industry. It caters to the needs of over 30 different talent professions along with that of opportunity providers.

    For the talent, it is the need to showcase their credentials on a platform that will reach far and wide, the need to network, apply for appropriate opportunities and share updates in text, pictures and video formats.

    For the opportunity providers – that is film production houses, advertising agencies, casting directors, model coordinators, event agencies and corporates etc. – it is the need for posting an opportunity on a robust platform, search and identify the right talent for their projects and managing all of it online.

    Starkut provides a platform for 32 professions, including Actor, Model, Dancer, Singer, Band, Choreographer, Cinematographer, Fashion Costume Designer, DJ, VJ, RJ, Make-up Artist, Musician, Music Composer, Photographer, Stand-up Comedian, Voice-over Artist, VFX Expert and Writer, among others.

    In a very short span, over 7000 talented professionals across all verticals have signed up. Over 70 registered opportunity providers such as feature film production companies, TV-serial and Ad film production companies, advertising agencies, event agencies, casting directors, fashion designer, photographers and others are enjoying the Starkut experience. Over 100 audition opportunities of varied requirements have been posted so far across various regions and languages, and talents are getting short-listed for the same.

    It seems the industry is just loving it, as the subscriber-base is growing in thousands per month and within just a few days of the Android mobile app launch there have been close to 10,000 downloads. Very soon the iOS App will also be available.

    With the launch of the android mobile app, the talents can do many things on the go, such as creating and updating profiles and portfolio, getting real-time audition notifications and applying for opportunities online. Talents can also enjoy features such as posting updates, reading blogs, networking, and sharing Starkut profiles on other social networking sites. 

    In its endeavour to build and nurture a healthy relationship between the various stakeholders in the media & entertainment industry, Starkut is committed towards introducing various innovations. This will be with a vision not just to build a strong bond between talents and the opportunity providers, but also to benefit the entire Indian as well as global media & entertainment industry.

  • Starkut.com – mushrooming destination for talent & opportunity providers

    Starkut.com – mushrooming destination for talent & opportunity providers

    MUMBAI: Starkut.com is probably the first and arguably the best online platform for the media & entertainment industry. It caters to the needs of over 30 different talent professions along with that of opportunity providers.

    For the talent, it is the need to showcase their credentials on a platform that will reach far and wide, the need to network, apply for appropriate opportunities and share updates in text, pictures and video formats.

    For the opportunity providers – that is film production houses, advertising agencies, casting directors, model coordinators, event agencies and corporates etc. – it is the need for posting an opportunity on a robust platform, search and identify the right talent for their projects and managing all of it online.

    Starkut provides a platform for 32 professions, including Actor, Model, Dancer, Singer, Band, Choreographer, Cinematographer, Fashion Costume Designer, DJ, VJ, RJ, Make-up Artist, Musician, Music Composer, Photographer, Stand-up Comedian, Voice-over Artist, VFX Expert and Writer, among others.

    In a very short span, over 7000 talented professionals across all verticals have signed up. Over 70 registered opportunity providers such as feature film production companies, TV-serial and Ad film production companies, advertising agencies, event agencies, casting directors, fashion designer, photographers and others are enjoying the Starkut experience. Over 100 audition opportunities of varied requirements have been posted so far across various regions and languages, and talents are getting short-listed for the same.

    It seems the industry is just loving it, as the subscriber-base is growing in thousands per month and within just a few days of the Android mobile app launch there have been close to 10,000 downloads. Very soon the iOS App will also be available.

    With the launch of the android mobile app, the talents can do many things on the go, such as creating and updating profiles and portfolio, getting real-time audition notifications and applying for opportunities online. Talents can also enjoy features such as posting updates, reading blogs, networking, and sharing Starkut profiles on other social networking sites. 

    In its endeavour to build and nurture a healthy relationship between the various stakeholders in the media & entertainment industry, Starkut is committed towards introducing various innovations. This will be with a vision not just to build a strong bond between talents and the opportunity providers, but also to benefit the entire Indian as well as global media & entertainment industry.

  • LeEco Sells Record 500,000 Superphones in 100 Days in India

    LeEco Sells Record 500,000 Superphones in 100 Days in India

    LeEco’s first 100 days in India have really been an unprecedented success. The global Internet and ecosystem conglomerate has successfully sold an astounding number of 500,000 superphones, making it a record of sorts for a new entrant in a fiercely competitive smartphone market in India.

    Given its best-in-class technology and disruptive pricing, the company has made a strong mark for itself in a short span of time, evident from the soaring popularity of its three superphone models that it has introduced since its India launch.

    LeEco is the pioneer in introducing the concept of content integration in the smartphones category in India. To this end, it successfully launched content membership with three partners, Eros Now, YuppTV and Hungama Music which came bundled with its blockbuster superphone Le 1s Eco. As a consequence of this and the amazing price led to the skyrocketing demand for this, ‘Made for India’ superphone in its two flash sales on Flipkart. Apart from the impressive number of devices sold, the company also notched up an industry first by bundling content worth Rs. 500+ million through LeEco memberships.

    Commenting on the remarkable achievement, Atul Jain, COO, Smart Electronics Business, LeEco India said, “We are immensely proud to be setting new industry trends and spearheading the move to ecosystem-led devices in the country. It is very humbling to see consumer enthusiasm for our content ecosystem, and their demand for more and more original content. We’re also pleased that our superphones have lived up to consumer expectations and we are committed to raising the bar with all our subsequent launches.

    Le 1s Eco has successfully wooed the Indian users given it is the company’s first supertainment loaded superphone available at an incredible price.

    Le Eco Membership is truly a smash hit that gives users access to –
    •    2000+ movies (in 10 languages)
    •    100+ live premium TV channels, which will happen soon through an OTA software update
    •    Apart from that, users will get 5 TB cloud personal storage space
    •    3.5 million songs in 25 languages that will come live in Q3 of 2016
    •    Users would also be offered a plethora of deals and discounts and live streaming of concerts from all over the world

    LeEco’s unique content ecosystem brings alive the company’s partnerships with Eros Now and YuppTV, through its platforms – Levidi and LIVE. The third premium content under LeEco Membership Program will be LeMusic powered by Hungama Music. Le 1s Eco packs seamless interface through unique platforms – Levidi and Live, which allow users to enjoy high quality supertainment – anytime, anywhere.
    Also noteworthy is the company’s after-sales policies. LeEco has put in place 555 service centers in prime locations in the country, besides providing 24*7 toll free services, and other value-added services.

     

  • LeEco Sells Record 500,000 Superphones in 100 Days in India

    LeEco Sells Record 500,000 Superphones in 100 Days in India

    LeEco’s first 100 days in India have really been an unprecedented success. The global Internet and ecosystem conglomerate has successfully sold an astounding number of 500,000 superphones, making it a record of sorts for a new entrant in a fiercely competitive smartphone market in India.

    Given its best-in-class technology and disruptive pricing, the company has made a strong mark for itself in a short span of time, evident from the soaring popularity of its three superphone models that it has introduced since its India launch.

    LeEco is the pioneer in introducing the concept of content integration in the smartphones category in India. To this end, it successfully launched content membership with three partners, Eros Now, YuppTV and Hungama Music which came bundled with its blockbuster superphone Le 1s Eco. As a consequence of this and the amazing price led to the skyrocketing demand for this, ‘Made for India’ superphone in its two flash sales on Flipkart. Apart from the impressive number of devices sold, the company also notched up an industry first by bundling content worth Rs. 500+ million through LeEco memberships.

    Commenting on the remarkable achievement, Atul Jain, COO, Smart Electronics Business, LeEco India said, “We are immensely proud to be setting new industry trends and spearheading the move to ecosystem-led devices in the country. It is very humbling to see consumer enthusiasm for our content ecosystem, and their demand for more and more original content. We’re also pleased that our superphones have lived up to consumer expectations and we are committed to raising the bar with all our subsequent launches.

    Le 1s Eco has successfully wooed the Indian users given it is the company’s first supertainment loaded superphone available at an incredible price.

    Le Eco Membership is truly a smash hit that gives users access to –
    •    2000+ movies (in 10 languages)
    •    100+ live premium TV channels, which will happen soon through an OTA software update
    •    Apart from that, users will get 5 TB cloud personal storage space
    •    3.5 million songs in 25 languages that will come live in Q3 of 2016
    •    Users would also be offered a plethora of deals and discounts and live streaming of concerts from all over the world

    LeEco’s unique content ecosystem brings alive the company’s partnerships with Eros Now and YuppTV, through its platforms – Levidi and LIVE. The third premium content under LeEco Membership Program will be LeMusic powered by Hungama Music. Le 1s Eco packs seamless interface through unique platforms – Levidi and Live, which allow users to enjoy high quality supertainment – anytime, anywhere.
    Also noteworthy is the company’s after-sales policies. LeEco has put in place 555 service centers in prime locations in the country, besides providing 24*7 toll free services, and other value-added services.

     

  • Startups thriving on mutual synergies

    Startups thriving on mutual synergies

    MUMBAI  According to a recent industry survey, the total amount invested in the startups more than doubled between 2014 and 2016. The rate of growth was high in India, with the country accounting for more than $4 of every $10 invested in startups. This growth of capital investment in start-ups highlights the significant role that technology and the internet are playing in radically changing the nature of start-ups on a global level.

    Partnership and collaboration is key to any successful mentoring arrangement and it is not just the start-up that benefits.  Small but growing companies can introduce mature partners to more creative and flexible ways of thinking. Likewise, they can provide access to new customers and innovative products. This is especially true in the start-up sector which is characterised by rapid change and innovation. 

    One of the biggest examples of this phenomenon is Onspon.com. Onspon.com is a unique start-up that focusses on founded with the objective of automating the process of making sponsorship decisions, and securing access to timely sponsorship.

    If you thought this was interesting, Hitesh has more in store. “Sponsorships have become a very vital tool for the start-ups of today. They have started realising that discovering brands and companies that provide them with value in terms of an association or powering an event that can create value for them.” 

    Onspon.com is providing early-stage start-ups with a brilliant medium for effective outreach and early traction which can be considered gold-dust in today’s fast paced start-up world. Hitesh Gossain, CEO,Onspon.com, elaborates on this, “There are several start-ups and brands nowadays that are in requirement of associations and synergies to leverage each other’s strengths. Our platforms have the special ability to provide brands with the most befitting / high ROI yielding avenues. What they also arereliasing that in this sphere, collaborating together on events and picking up platforms to expose their brand is an effective tool which can make a bigger difference than a media plan at times.”

    “We have over 11000 event managers regsitered with us. They range from college sponsorship seeking individuals to IPL teams looking for brands on their jersey. Some of these cases provideStartups with an intriguing opportunity to engage their brand identity and reach out to a concentrated and effective audience. We are one of the examples of a startup offering other companies an opportunities to leverage our strengths and contribute to our platform in return,” says Hitesh smiling. 

    The success of Startup Bootcamps and similar mentoring initiatives lies in the fact that entrepreneurs and corporate executives now need each other more than ever. Indeed, their requirements and their strengths are often complementary.

    Therefore, startups can brighten their global prospects by forming collaborative partnerships thatcapitalise on their complementary strengths while respecting the independence of each party. Nowthats a food for thought. Isn’t it ?