Online marketplace to list shares in very first IPO by India e-commerce startup

India's Infibeam will strike the capital market next Monday with a 4.50 billion rupees ($67 million) initial share sale, the first home-grown e-commerce firm to go public, serving as a harbinger for the dozens of online endeavors wanting to list in future.

Infibeam's listing strategies come at a time when e-commerce is growing on the planet's 2nd- most populous nation where millions of Indians buy clothes to electronics to groceries online, using cheap mobile phones. Morgan Stanley forecasts the value of India's e-commerce market to jump 7 times to $119 billion in the next four years, helped by enhancing Internet penetration and increasing variety of online shoppers.

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Posted on April 15, 2016 by Admin |  32 comments

Nurtured Foods the online market for artisan producers

Supported Foods, a start-up online marketplace for craftsmen manufacturers and sellers to sell their products directly to consumers, has released in the UK.

The marketplace provides customers with the chance to discover local items, from smoked salmon from a household cigarette smoker to amazing treats like handmade chocolates, here/ and even caviar or hand dug truffles.

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Posted on April 9, 2007 by Admin |  28 comments

Federal government's $5b start-up online marketplace welcomed as an 'excellent start'.

Tech start-ups have actually welcomed the launch of a brand-new online market, which will see them able to access $5 billion worth of agreements from government departments, which were formerly inaccessible to little firms.

The market will be run by the Digital Transformation Office as part of the $1.1 billion National Innovation and Science Agenda, and has been spearheaded by the Minister for Industry, Innovation and Science, Christopher Pyne, and Assistant Minister for Cities and Digital Transformation, Angus Taylor.

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Posted on April 5, 2007 by Admin |  36 comments