Banking · Brand · Finance · India · Industry

Dewan housing to buy Andromeda for $37 million

Dewan housing finance limited has decided to buy  Andromeda’s loan distribution , mortgage , financing and financial instruments business.  Mumbai based holding company CASA holding holds 80% of Andromeda’s stake . The total deal value will be amounted somewhere between 200 and 250 crores. Altamount capital is advising CASA capital for the deal . The… Continue reading Dewan housing to buy Andromeda for $37 million

Brand · Ecommerce · Startups

Aditya Birla rides on the Startup bandwagon to incubate 25 start ups.

Aditya Birla group will partner with 25 startups to enter into new areas of business pertaining to telecom, retail and financial services. The company started a Biz lab program and has so far added Red Monster Games, Torch, Dressy, ePaisa, Mswipe, Touchfone, Instakash, Bankbazaar, Wealth Pack, Cloud Cherry, Faircent and Coverfox Insurance to its kitty.… Continue reading Aditya Birla rides on the Startup bandwagon to incubate 25 start ups.

Brand · Ecommerce · India

Snapdeal on a mission to capture ‘Bharat’.

In order to capture a bigger pie in Indian Ecommerce market Snap deal today initiated “Project Bharat”. The company plans to launch the site in 11 different Indian Languages in a bid to appeal the Non-Metro Audience. The project would enable 130 miilion Indian citizens to access and explore various products on the platform. The… Continue reading Snapdeal on a mission to capture ‘Bharat’.

Brand · Ecommerce · India

Zomato adds in app customer service.

Food e-tailer  Zomato has added a new feature in their app by which the users can chat with the restaurant owners regarding reservations and menu details. User can also connect to Zomato executives and can get updates on promo codes , offers and discounts. User can interact with the Customer service executives between 9 AM… Continue reading Zomato adds in app customer service.

Brand · Ecommerce · India

Flipkart won’t sell ebooks anymore.

Country’s top etailer Flipkart has decided to stop selling ebooks on their platform. All the existing orders will be served by Canadian E-book supplier Rakuten Kobo. “The Indian book market is overwhelmingly dominated by physical books and this is a market that is growing at a fast clip. Flipkart will continue to be a leading… Continue reading Flipkart won’t sell ebooks anymore.

Automobile · Brand

Audi Launches Q7 in India, price it elegantly at 72 Lakhs.

Audi has launched one of its premium SUV Q7 today . The Car is priced at 72 lakhs and will be availble in two variants from January 2007. The company has priced the TDI variant at 72 Lakh while the TDI premium plus is priced at 77.5 Lakhs.The Cars were launched at a glamorous event… Continue reading Audi Launches Q7 in India, price it elegantly at 72 Lakhs.