Online fashion retailer Jabong has raised $27.5 mn from UK based CDC group in a round that could be $100 mn. Two of its co-founders Manu Jain & Mukul Bafna have quit and the company has sold JaVas to a local player.
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The service offers less than 5 second response time, defined IT enabled process to handle different queries, real time resolution, email support for customized responses including complaint redressal to resolve customer complaint and structured processes ensuring continuous customer engagement.
The company has already signed deals with more than 10 e-tailers including DoneByNone, YouShine, YepMe and several others to handle their logistics.
eBay is leading a new $133.77 million round of funding in Snapdeal, raising its stake in the company following an initial investment of $50mn made in 2013. The current round also witnessed participation from existing investors including Kalaari Capital, Nexus Venture Partners, Bessemer Venture…
For all those who missed out on the action on NextBigWhat, here is a curated list of all the stuff that we covered this week.
E-commerce player Myntra has confirmed that it has raised $50 million in a fresh round of funding led by Azim Premji’s PremjiInvest and other investors.
Social networking giant Facebook & search giant Google are set to battle it out in India’s Rs 2,260 cr digital advertising market.
A network of autonomous robot system called the Butler system, made by Gurgaon based Grey Orange Robotics (GOR) is making this happen, saving e-commerce companies precious hours and money.