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Limeroad
Limeroad is an Indian online marketplace, owned by V MART RETAIL LIMITED The company is based in Gurugram, Haryana. It is India's first women's social shopping website. It deals in clothing and accessories for women, men and kids. The portal allows its users to create their own look on a virtual scrapbook by using its products and also allows users to earn from the scrapbook they create. Background Limeroad was founded in 2012 by Suchi Mukherjee, Manish Saksena and Ankush Mehra as a fashion marketplace for women. The company's name is inspired from Grand Trunk Road. The company raised US$5 million Series A round of funding from Matrix Partners and Lightspeed Venture Partners in 2012 followed by Series B round US$15 million in 2014 and Series C round US$30 million from Tiger Global, Lightspeed Venture Partners and Matrix Partners in 2015. In 2016, Limeroad came into partnership with the Madhya Pradesh Government's M.P. Laghu Udyog Nigam (MPLUN) to promote handloom and han ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other techno ...
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Grand Trunk Road
The Grand Trunk Road (formerly known as Uttarapath, Sarak-e-Azam, Shah Rah-e-Azam, Badshahi Sarak, and Long Walk) is one of Asia's oldest and longest major roads. For at least 2,500 years it has linked Central Asia to the Indian subcontinent. It runs roughly from Teknaf, Bangladesh on the border with Myanmar west to Kabul, Afghanistan, passing through Chittagong and Dhaka in Bangladesh, Kolkata, Prayagraj, Delhi, and Amritsar in India, and Lahore, Rawalpindi, and Peshawar in Pakistan. Chandragupta Maurya, the founder of the ancient Indian Maurya Empire, built this highway along an ancient route called Uttarapatha in the 3rd century BCE, extending it from the mouth of the Ganges to the north-western frontier of the Empire. Further improvements to this road were made under Ashoka.Romila Thapar, p. 236Early India: From the Origins to AD 1300/ref> The old route was re-aligned by Sher Shah Suri to Sonargaon and Rohtas.Vadime Elisseeff, p. 159-162The Silk Roads: Highways of C ...
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Roposo
Roposo is an Indian video-sharing social media service, owned by Glance, a subsidiary of InMobi. Roposo provides a space where users can share posts related to different topics like food, comedy, music, poetry, fashion and travel. It is a platform where people express visually with homemade videos and photos. The app offers a TV-like browsing experience with user-generated content on its channels. Users can also use editing tools on the platform and upload their content. History Established in July 2014, under the aegis of Relevant E-solutions Pvt. Ltd., Roposo is the brainchild of three IIT Delhi alumni – Mayank Bhangadia, Avinash Saxena and Kaushal Shubhank. In November 2019, Roposo was acquired by InMobi's Glance Digital Experience Pvt. Ltd.(the mobile content platform and part of the InMobi Group). When the Chinese-owned video-sharing app Tiktok TikTok, known in China as Douyin (), is a short-form video hosting service owned by the Chinese company ByteDance ...
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Jabong
Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium clothing platform Myntra. The portal sold apparel, footwear, fashion accessories, beauty products, fragrances, home accessories and other fashion and lifestyle products. The company's headquarter was in Gurugram, NCR, India. History It was co-founded by Arun Chandra Mohan, Praveen Sinha, Lakshmi Potluri and Manu Kumar Jain. All co-founders have left the company. In March 2013, Jabong was dispatching over 6,000 orders a day. According to The Economist, Jabong clocked gross sales of around US$100–150 mn in 2012. As per a Rocket Internet investor presentation, Jabong had a net revenue of 32.6 million euros in Q1 2016, up 14% from 28.6 million euros in the ...
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Myntra
Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart. In May 2022, Myntra launched an express delivery service on its app to offer one of a kind of experience by fashion & beauty platform. This service allow shoppers to receive their orders for products marked with ‘M-express tag’ on the listing page within 24–48 hours of purchase. History Established by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena; Myntra sold on-demand personalized gift items. It mainly operated on the B2B (business-to-business) model during its initial years. Between 2007 and 2010, the site allowed customers to personalize products such as T-shirts, mugs, mouse pads, and others. In 2011, Myntra began selling fashion and lifestyle products and moved away from personalisation. By 2012 Myntra offered products from 350 Indian an ...
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Snapdeal
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal was one of the largest online marketplaces in India. Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. Fashion, home and general merchandise account for a majority of the products sold by over 500,000 sellers on Snapdeal. Buyers from more than 3,700 towns in India shop on Snapdeal. History Establishment Snapdeal was founded on 4 February 2010 as a daily deals platform, before expanding to become an online marketplace in October 2011. Unsuccessful merger with Flipkart Reports emerged in Q2 2016 that SoftBank Group planned to engineer a merger between Snapdeal and Flipkart. Discussions took place for months, but concluded in July 2017 after the deal fell through due to lack of consensus among Snapdeal's board members. Disagreements over valuation and proposed ...
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Flipkart
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products. The service competes primarily with Amazon's Indian subsidiary and domestic rival Snapdeal. As of March 2017, Flipkart held a 39.5% market share of India's e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the UPI. In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. It is pl ...
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Amazon (company)
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker ''The Everything Store''. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Who ...
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Madhya Pradesh Government
Government of Madhya Pradesh also known as the State Government of Madhya Pradesh, or locally as the State Government, is the supreme governing authority of the Indian state of Madhya Pradesh and its 52 districts. It consists of an executive, led by the governor of Madhya Pradesh, a judiciary and a legislative branch. In 2000, the southern portion was broken off to form the new state of Chhattisgarh with its own government. Executive Like other states in India, the head of state of Madhya Pradesh is the governor, appointed by the president of India on the advice of the Central government. The governor's post is largely ceremonial. The chief minister is the head of government and is vested with most of the executive powers and financial powers. Bhopal is the capital of Madhya Pradesh, and houses the Madhya Pradesh Vidhan Sabha (Legislative Assembly) and the secretariat. Legislative The present legislature of Madhya Pradesh is unicameral. The legislative house, Madhya Pradesh Vi ...
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Tiger Global
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm. It mainly focuses on Internet, software, consumer, and financial technology industries. Background and history Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called " Tiger Cubs", fund managers who started their fund management careers with Tiger Management. In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Scott Shleifer helped Tiger Global expand into investing in the private equity market. From the period of 2007 to 2017, according to the Preqin Venture Report, Tiger Global raised the highest amo ...
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TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chine ...
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Lightspeed Venture Partners
Lightspeed Venture Partners is a global venture capital firm focusing on multi-stage investments in the enterprise, consumer, and health sectors. Lightspeed invests in seed, early and growth-stage companies. The company invests in the U.S. and abroad, with investment professionals and advisors in Silicon Valley, Israel, India, China, Europe, and Southeast Asia. Lightspeed has ten offices globally. History The firm was founded in October 2000 when investors from Weiss, Peck & Greer left to start Lightspeed following the sale of the investment management business to Robeco. Jeremy Liew joined the firm in 2006 as its first consumer tech-focused partner. For the next decade, Lightspeed Venture Partners largely remained an enterprise software and infrastructure specialist, investing in: Nimble Storage, Nutanix, MuleSoft, and AppDynamics. In 2012, Lightspeed became the first venture investor in Snap Inc., a year after Snapchat was launched. Snapchat raised $485,000 in its seed round ...
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