Exclusive: Fashion app Fynd secures funding from Facebook’s Anand Chandrasekaran

Fynd-TCFashion portal Fynd, run by Shopsense Technologies Pvt Ltd, has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran, two people familiar with the matter who did not wish to be identified told TechCircle.in. Rajiv Mehta, chief executive of Arvind SportsLifestyle and Ramakant Sharma, co-founder of Livspace, also participated in the round. Fynd, […]

Read more

O2O marketing platform The BlueBook gets $500K from IAN, LetsVenture, others

For-The-Bluebook-Story-TC_bread-food-restaurant-people_feBengaluru-based online-to-offline (O2O) marketing platform The BlueBook has raised a $500,000 (Rs 3.39 crore) in a seed round of funding led by Indian Angel Network (IAN), it said in a statement. Srinubabu Gedela (chief executive, OMICS International), Avinash Vashistha (founder, Tholons Capital and former ‎chairman and country managing director of Accenture) and Rajiv Mehta (chief […]

Read more

Exclusive: O2O startup Shopsity shuts down; founder joins Paytm

Danish AhmedYebhi.com co-founder Danish Ahmed’s second venture—Shopsity—also seems to have fizzled out. Shopsity followed an online-to-offline (O2O) retail model and connected customers to fashion retailers in their vicinity. Its website and app are no longer working. Moreover, according to Ahmed’s LinkedIn profile he has joined mobile wallet and e-commerce firm Paytm as vice president of O2O […]

Read more

Why startups are making a beeline for the online-to-offline space

1: Praveer Kochhar (Shouut), 2 & 3: Co-founders Satish Mani & Manish Chopra (Little), 4 & 5: Co-founders Samik Sarkar & Shashank Agnihotri (Zakoopi), 6 & 7 & 8: Co-founders Amit Koshal, Rishi Batra, Amit Sharma (Fashalot), 9: Danish Ahmed (Shopsity)End-of-season sales were once known for eager shoppers lining up at store doors early in the morning to get the best bargains. In the last couple of years, however, the crowds have thinned out. Customers now prefer to buy online, attracted by the frequent discounts offered by e-commerce stores. It is to lure back the […]

Read more

Why startups are making a beeline for the online-to-offline space

1: Praveer Kochhar (Shouut), 2 & 3: Co-founders Satish Mani & Manish Chopra (Little), 4 & 5: Co-founders Samik Sarkar & Shashank Agnihotri (Zakoopi), 6 & 7 & 8: Co-founders Amit Koshal, Rishi Batra, Amit Sharma (Fashalot), 9: Danish Ahmed (Shopsity)End-of-season sales were once known for eager shoppers lining up at store doors early in the morning to get the best bargains. In the last couple of years, however, the crowds have thinned out. Customers now prefer to buy online, attracted by the frequent discounts offered by e-commerce stores. It is to lure back the […]

Read more