Groupon India said it will focus on wellness, food & beverage and travel segments to grow its business in the Indian market.

The acquisition marks the first time a US-based e-commerce company has bought an Indian technology startup.

There are 20-30 websites like snapdeal, taggle, sosasta, mydala, and so on, offering discounts on everything under the sun to customers.

World’s largest online retailer, Amazon-. com is set to enter India, riding on the second wave of ecommerce boom in India.

Amazon is establishing a warehouse in Mumbai, a standard step before entering e-commerce space going by what Amazon has been doing globally.

Success of social networking sites like Facebook and LinkedIn has resulted in local start-ups trying to ride the wave. However they have fa...

BenefitsPLUS, an online employee benefits, rewards prog service provider, has invested over $2 mn and acquired a controlling stake in Koovs.

Since January this year, Snapdeal has been growing its revenues at over 100%, selling unused inventories of everything from sunglasses, wal...

Delhi-based benefitsPLUS has made an undisclosed investment in Bangalore-based group buying site, Koovs.

With the rapid growth of the country's retail industry, coupled with higher Internet penetration and improved spending power, online group ...

With group buying sites pushing up revenue of companies, entrepreneurs are actively making space for it in their sales strategy.

Subsequent to the acquisition, SoSasta.com will be re-branded as Groupon India and new product verticals will be added to the portal.

According to Solomon, SoSasta will become Groupon in brand and site design over the coming months and will serve deals in English in India.