Available in | English |
---|---|
Owner | K Vaitheeswaran |
URL | www |
Launched | 1999 |
Current status | inactive |
Indiaplaza was an Indian electronic commerce website. [1] It was one of the pioneers in the online shopping space in India. [2] [3] [4] Earlier known as Fabmart and then Fabmall, the company later acquired US-based online shopping firm Indiaplaza.com and rebranded itself as Indiaplaza.in in India, and as Indiaplaza.com in the United States, which were later merged into a single website. [5]
In June 1999, K Vaitheeswaran [6] and five of his friends including V S Sudhakar, Vipul Parekh, Hari Menon, V S Ramesh and Sundeep Thakran founded India's first online departmental store. The website Fabmart.com was launched in September 1999 which then offered only music CDs for sale. Between February and October 2000, the website introduced additional categories including books, movies, watches, and groceries. In February 2002, they launched their first offline grocery store in Bangalore, India.[ citation needed ]
Indiaplaza.com received angel funding from The Indigo Monsoon Group (IMG), a private investment firm based in the USA known for investing in Indian Internet and mobile domains. IMG's other investments include Sulekha.com, an online community for Indians integrating social media with local commerce and EShakti.com, an online India-inspired and customized apparel retailer aimed at a global audience. [3] In February 2011, Indiaplaza successfully concluded a deal for Series A US $5 million funding from Indo-US Venture Partners (IUVP) who had previously invested in other internet companies like Myntra, and Snapdeal. [7]
Despite securing these funding sources, Indiaplaza was unable to raise sufficient funding in 2012–2013, which meant that the company had to cease trading.[ citation needed ]
Indiaplaza offered a few thousand products online including books, CD-ROMs, cameras, mobile phones, apparel, jewelry, flowers, chocolates, watches, and food items. [1] [8]
The "Indiaplaza Golden Quill Book Awards" were instituted by Indiaplaza in 2008, to be conferred to an Indian author domiciled in India. The award was for an original full-length novel or work of fiction in English or a translation into English of an original full-length novel or work of fiction of any Indian language published in India in the previous calendar year. [9]
Renuka Ramnath is an Indian private equity fund manager, and the founder and CEO of Multiples Asset Management Ltd. She is also an independent director of the apparel manufacturer Arvind Ltd., chairperson of the board at Tata Communications, and chairperson of the Indian Private Equity and Venture Capital Association.
mySupermarket was an independent shopping and comparison shopping website for groceries in the United Kingdom. It retrieved price information from multiple online retailers, so that customers could compare their prices. On 27 February 2020 Gilad Simhony announced it would be closing on 1 March 2020. His statement read: "After 14 years of service to UK shoppers, the mySupermarket website and mobile application will be taken down from March 1st, 2020 as we shift our activity toward other business areas. We would like to take this opportunity to thank the tens of millions of you who have used our services over the years and who have contributed to its amazing success. It has been our pleasure and privilege to serve you and to share this journey with you."
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. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023, it has over 245,000 employees at 18,000 store locations in 7,000 towns. Apart from physical stores, the company also sells products on its e-commerce channels.
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Indiatimes Shopping is the e-commerce division of The Times of India Group, India's largest media conglomerate. It is one of the pioneers in electronic commerce in India and services its customers through various channels including online and selling over the phone. It also provided platform services for brands to go online and sell their products in partnership through White-label. Some of the major categories sold through Indiatimes Shopping included men & women footwear, apparel & accessories, lifestyle, home décor, mobile phones, consumer electronics, health & personal beauty products, books, jewellery, baby products and flowers & gifts. Indiatimes Shopping operated through a hybrid model, an mix of warehousing and marketplace.
yebhi.com was an Indian E-commerce portal for home, lifestyle and fashion, launched in the year 2009.
JD.com, Inc., also known as Jingdong, formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing. It is one of the two massive B2C online retailers in China by transaction volume and revenue, and is a major competitor to Alibaba-run Tmall. With revenues more than US152.8 billion in 2023, JD.com is China’s largest retailer by revenue, and ranks 52 on Fortune Global 500. JD.com’s portfolio spans across retail, technology, logistics, health care, industrials, property management, private label, insurance, and international business.
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