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In 2011, Myntra began selling fashion and lifestyle products and moved away from personalisation. By 2012, Myntra offered products from 350 Indian and International brands. The website launched the brands Fastrack Watches and Being Human. [12] In 2014, Myntra was acquired by Flipkart in a deal valued at ₹ 2,000 crore (US$230 million
Camelcamelcamel is a website that tracks prices of products sold on Amazon. [1] [2] Founded by Daniel Green [3] [4] in 2008 and developed by Cosmic Shovel Inc. [5]In 2015 it was voted as the most popular price tracking tool among Lifehacker readers.
Users could then search for a product, and see a list of retailers and prices for that product. Advertisers did not pay to be listed but paid for every click on a price. Streetprices , founded in 1997, has been a very early company in this space; it invented price graphs and email alerts in 1998.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
In November 2013, Jabong.com held an Alexa Traffic ranking of 37 in India. [38] Jabong also ranked 10th in Google Zeitgeist India trends making it the 10th most searched term in 2012 in India. [39] Flipkart owned Jabong fashion portal was shut down completely in Feb 2020 [40] [41] [42] and Jabong website users are redirected to Myntra website ...
Snapdeal is one of the top 5 online marketplaces in India. [4] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. [5] Fashion, home and general merchandise account for a majority of the products sold by over 500,000 sellers on Snapdeal. [6]
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries.Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.
At that time, India had only 15,000 internet users. [ 7 ] Due to Indian rupee 's appreciation between 2005 and 2007 and the impact of the 2008–09 US recession , the company decided to pivot the focus from export-oriented business to India-focused B2B market and raised funding from The Times Group and Intel Capital .