The company has also received board approval for the investment, according to latest filings with the Ministry of Corporate Affairs last mo...

Other online retailers, especially in the single-category segment, are also providing offline services to expand customer base.

The funds will be used to open 50 more outlets by the next year and more than 300 in another three to four years, said Screwvala.

Valyoo Technologies may sell at least three of the sites as it shifts focus and resources on growing the leader of the pack, LensKart.

IDG Ventures India, one of the country’s most active technology investors, is raising rupee capital from wealthy Indians for its second fun...

The equity investment was led by Vertex Venture Management, a subsidiary of Singapore’s staterun investment company Temasek Holdings.

Proceeds will be used by the Mumbai-based EkStop Shop, which runs the e-commerce website EkStop.com, to build its technology, hiring and ex...

Seed funds 5ideas Startup Superfuel and 500 Startups have invested in Delhi-based startup BigFoot Retail Solutions.

Altogether 93 companies participated in the FMS placements this year for a batch of 216 students. The median salary offered was Rs 16 lakh.

Unilazer, which has a fund size of about $100 million, is expected to take a double digit stake in Valyoo Technologies in lieu of the inves...

Valyoo Technologies, founded by IIM-B graduate Peeyush Bansal in 2010, has raised about Rs 75 crore till now.

Banks are stepping up hiring at IIMs this placement season and have rolled out at least three 1-crore salary offers so far.

E-commerce firms such as RedBus, Letsbuy, Via, Valyoo Technologies and Snapdeal have picked up candidates at salaries ranging between Rs 8-...

The funding, led by IDG, closed on Saturday and underscores the frenetic deal-making across the country's e-commerce industry.

"Non-metros play a vital role in the growth of e-commerce segment in the country primarily due to ease of purchase," says Bansal.

The company runs three e-commerce site -- Lenskart.com for eyewear, and Bagskart.com and Watchkart.com for bags and watches, respectively.

Peyush Bansal has just raised $4 million from venture capital firm IDG Ventures. The money will be spent to ratchet up the operations of hi...