Tag Archives: expansion

IRCTC Shopping adds books and luggage category

IRCTC Shopping and SOTPL (which runs Yebhi.com) has announced the launch of two new categories to the shopping portal: luggage and books. The expansion has come after three months of the launch of the shopping portal and have been added based on customer feedback and demand.

Interestingly, these two categories are one of the key ingredients while one is traveling and gels well with the IRCTC core business, railway ticket bookings.

The website offers over 20,000 books from various categories ranging from fiction, sci-fi, non-fiction, mystery, literature, bestsellers, etc to name a few.

The luggage section offers an extensive range of more than 150 products to choose from heavy to light travelling, with major brands like Samsonite, Skybags, VIP, American Tourister, etc. Continue reading IRCTC Shopping adds books and luggage category

TicketGoose raises $2.9 million to expand operations in India

The online bus ticketing site, TicketGoose, has raised $2.9 million (Rs 18 crores) to expand its business across the India territory.

Currently TicketGoose covers 700 bus operators across 10,000 routes that go to 4,500 destinations across southern India. The player has a strong presence across Tamil Nadu.

In 2012, the startup was doing 4,000 – 5,000 tickets a day which helped them earn $8.19 million in sales revenue in that year. And now, for 2013 the aim is to take that number to $20.5 million.

Malabar Gold & Diamonds opens 100th store

World’s third largest jewellery retailer, Malabar Gold & Diamonds, along with celebrating 20 years of existence has opened its 100th store in India. Located at Gold Souk, Gurgaon, with this new store the brand aims retail presence across the country.

The jewellery retailer has a strong presence across South India and Middle-Eastern countries will now expand it presence in cities including Gurgaon, Kolkata and Ahmedabad. Internationally, the brand aims to expand in Singapore, Sri Lanka, Indonesia, Malaysia and Bangkok, over the next few months. The new cities and countries are being looked at to accelerate sales.

“We have chalked out a long-drawn strategy to attract more and more young men and women and widen our product offerings to a more global audience. The company is embodying a change to help scale greater heights and to serve discerning customers better. As a step in this direction, Pink chic-the new mini boutique, Everafter wedding bands & Valent- men’s brand will be launched during the 20th anniversary celebration span. We are looking at a younger and more elite crowd which has a strong affinity towards the latest trends. This market is a major driver for growth in today’s industry and Malabar’s new avatar is all set to create a mark within this niche.” said M. P. Ahammed, Chairman, Malabar Group.

The store is running special offers for customers for next 21 days.