Archive for March 2015

India’s E-Commerce Poised to Mint First Two Billionaires: Flipkart’s founders Sachin and Binny Bansal

India’s largest ecommerce player, Flipkart, its owners are just a step away from turning billionaires. Flipkart is in advanced talks to raise $600-800 million which will value the company between $14-$15 billion, sources told India’s Mint newspaper. At that valuation,…Continue Reading →

ePaisa starts global mobile recharge; eyes 30,000 merchants & Rs 12 crore revenue

In e-commerce for the first time servicing started by ePaisa. ePaisa is the mobile based application which for payment. ePaisa who offer multilingual mobile based application for cash and card payments, started offering recharging of international prepaid numbers at ePaisa-enabled…Continue Reading →

India’s young e-commerce firms head for reality check

India’s largest online firm, Flipkart, is counted among the world’s top 5 “billion-dollar” startups in the world. Its valuation estimated at by industry trackers like Dow Jones, is around $11 billion – nearly Rs 70,000 crore which is way ahead…Continue Reading →