Online Marketplace Will Drive 25% Of

Organized Sales in India by 2020

States Reports

Google and A.T. Kearney released a report on Tuesday titled Digital Retail 2020. The report collected the understandings from a thorough market research with A.T. Kearney’s market model, tasks that online marketplace will become a significant channel for the organized retail sector, contributing as much as 25% of the overall organized retail sales in by 2020 and will reach $60 billion in gross retailing value.

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Online car marketplace Droom gets

Series B funding from Beenext,

Digital Garage, others

Gurgaon-based Droom, an online marketplace for utilized autos, has actually raised a concealed quantity in its Series B financing round from investors led by venture capital fund Beenext and Gig League Japanese internet company Digital Garage.

Lightbox, Beenos and other existing investors likewise participated in this round.

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Tata releases online marketplace with

a distinction

Google was among the last online search engine to start operations but ended up ending up being the most popular one because of its differentiated algorithm. This was the parallel that Kumar Rameshwar Singh Jamwal, Executive Director of Tata Industries drew to explain why the $108-billion Tata Group’s online market, introduced on Friday, could be successful in spite of being a late entrant into the market.

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