>>
Home / Knowledge / News / Apparel/Garments / E-retail funding in India plunges 89% in Q1 2017: Report
E-retail funding in India plunges 89% in Q1 2017: Report
03
May '17
India's e-commerce sector witnessed a decline of 89 per cent in private equity and venture capital investments during the first quarter of 2017 as it attracted merely $85 million as compared to $764 million in the same period last year, says a recent report. Only 11 deals were signed in the sector during the first quarter, as against 29 deals in Q1 2016.

There were no equity investments done in March 2017 in the e-commerce sector barring a $4 million debt that was raised by BigBasket, says the report released by Ernst & Young (EY).

"E-commerce sector is undergoing a lot of churn and most businesses are in the recalibration mode, leading to low deal activity," said media reports quoting Mayank Rastogi, EY partner and leader for PE.

A number of e-commerce startups struggled during the last one year and ended up getting shut. A few companies also laid off employees to cut costs in a bid to turn profitable. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Dreamstime.com

Textiles | On 22nd May 2022

China raises support for economic growth by cutting lending rate

China recently cut the market-based benchmark lending rate to shore...

Pic Andrey Sirant | Dreamstime.com

Textiles | On 22nd May 2022

CPTPP helps boost Vietnam-Australia trade, investment cooperation

The Comprehensive and Progressive Agreement for Trans-Pacific...

Pic. Shutterstock

E-commerce | On 22nd May 2022

Strong momentum in China's cross-border e-com, rises 18.6% YoY in 2021

China's cross-border e-commerce has rapidly grown in the last few...

Interviews View All

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Ilan Palacci,

Ilan Palacci

France-based Ever Dye develops an innovative dyeing process combined with...

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Susumu Miura, Label - Avalone

Susumu Miura
Label - Avalone

<div>Tokyo-based fashion brand Avalone, founded by Susumu Miura in 2013...

Dahlia Razzrook, Label - Dahlia Razzook

Dahlia Razzrook
Label - Dahlia Razzook

London based designer, <b>Dahlia Razook</b> known for her luxury...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Decathlon
Gloria Jeans
Lululemon Athletica Inc
JES MEDIA, INC
The LYCRA Company Singapore  Pte. Ltd
Asos
J ;& P Coats
Kornit Digital Asia Pacific Ltd
Eurofins BLC Leather Technology Centre Ltd
Tchibo GmbH
K AND D ITMACH EXPOSITIONS LLP
Rayonese Textile Inc., Division de Culp Inc.
SHAHI Exports Pvt Ltd
Mesdan SPA
Page Industries Limited (Bangalore)
Groz-Beckert KG
Colours India Inc
Splash
Savio Macchine Tessili S.P.A.
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Landmark Group
Marzoli Machines Textile s.r.l.
Sainsbury's Argos Asia Limited
Lacoste (Wanchai)
Seasalt Limited
Calvin Klein
Varner AS Retail
Truetzschler India Private Limited
NITI Aayog
Arvind Limited
Thermore (Far East) Ltd.
Vardhman Textile Ltd
Saurer Textile Solutions Pvt. Ltd.
Brandix Lanka Limited
Groz-Beckert East Asia LLP
IFF Media Ag - International Media Services
Babyshop
Aramark Uniform ;& Career Apparel, LLC
COTTON COUNCIL INTERNATIONAL
H;&M Hennes ;& Mauritz (Far East) Ltd
Istanbul Fuarcilik A.S.
Sportmaster Ltd.
Reiter India Private Limited
Tuyap Tum Fuarcilik Yapim A.S.
C;&A Sourcing International Ltd
Chico’ FAS
Tradewind International Servicing
Esprit Europe Services GmbH
USTER
Jiangsu Yingyang Nonwoven Machinery Company Limited
Tory Burch Hong Kong Ltd
IIGM Private Limited
Woolmark Services India Pvt. Ltd.
G-Star Raw C.V.
Phong Phu international JSC (PPJ)
Thai Trade Center
Zydex Industries
Palexpo SA
Chori Company Limited
Bluesign Technologies Ag
BIMBA ;& LOLA SL
Bluestem Global Sourcing Limited
EMBEE CORPORATION
CSGIA(China Screen Printing & Graphic Imaging Association)
The LYCRA Company Singapore  Pte. Ltd
Abit
Meera Dyestuff Industries
Weitmann & Konrad GmbH & Co. KG
BTSR International S.P.A.
H. Stoll AG & Company KG
Taiwan Textile Federation (TTF)
Newtech Textile Technology Development (Shanghai) Company Limited
Cat Tuong Real Estate Group Joint Stock Company
G.A.S. unternehmenskommunikation gmbh
Lectra Technologies India Pvt Ltd.
Alison Hayes Romania
Pt. Peraga Nusantara Jaya Sakti
Rieter India Private Limited
MAS Active / MAS Kreeda / MAS Bodyline
ITMA Services Pte Ltd
Copenhagen Fashion Summit
Lenzing Aktiengesellschaft
Indo Tex
Lifestyle
Aquarelle Clothing Limited
APLF Limited
Desigual - ABASIC, S.A.
Mayer & Cie. GmbH & Co. KG
Xtema - Thomas Lebherz Textilmaschinen
GHCL LIMITED
Applied DNA Sciences Inc
CGS Inc.
Permoda(Koaj/Armi/Pronto/Bkul)
BIANCA
Under Armour Global Sourcing Ltd
Performance Days
Huntsman (Singapore) Pte Ltd
Flainox S.r.l.
Color Service s.r.l.
Lenzing Aktiengesellschaft - India
Amazon China
Gap International Sourcing Limited
Messe Frankfurt Exhibition GmbH
Datatex Consulting Srl
T.T. Limited
Coats Digital Limited
Maceton Limited
Eastman Chemical Company
Target Corporation (MN)
Hirdaramani International Export Private Limited
Recron Polyester from Reliance Industries Limited
Messe Duesseldorf
Jindal Worldwide Limited
EPCH
ZAITEX spa
Brückner Trockentechnik GmbH & Co. KG
Shanghai  Aige Exhibition Service Co., Ltd
Tommy Hilfiger
THE BOMBAY DYEING ;& MFG.CO. LTD
Hela Clothing Pvt Ltd
Vianney Textil Hogar S.A. De C.V.
Indofil Industries Limited - Specialty & Performance Chemicals Division
Walmart
SYNERGIES HONG KONG LIMITED
BTC Textiles LLC
Nihalani Events Management
Restoque S.A.
KIABI
Helly Hansen Far East Ltd
Grasim Industries Limited
VNU Exhibitions Asia
Haelixa AG
Etam Group Strategy Hong Kong Limited
Rosset ;& Cia Limited
Stahl Holdings B.V.,
PVH Corporation
Sportswear Company Spa
TEXVALLEY MARKET LIMITED
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
GIOVANNI BOZZETTO S.p.A.
IDH – The Sustainable Trade Initiative
FESPA (Reigate)
Alix Partners
The Top Form Brassiere Manufacturing Company Limited
Recron Polyester from Reliance Industries Limited
Inter Expo Center Ltd.
John Varvatos
Benetton Group
DyStar India Pvt. Ltd
Comasia Limited
International Sourcing Expo Australia
Aleph Srl
Officina Meccanica Dora Enrico Srl
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Karl Mayer Textilmaschinenfabrik GmbH
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Loris Bellini S.r.l.
Gatsby Africa
GERBER TECHNOLOGY LTD.
Zünd Systemtechnik AG
Centric Software
UBM China (Shanghai)
Dow Silicones Corporation
X-Rite Asia Pacific Limited (HK)
Guess Europe Sagl,
TESTEX AG, Swiss Textile Testing Institute
Equinox Impex India
Nandan Denim Limited
NV Michel Van de Wiele
DuPont de Nemours, Inc.,
Infor (Hong Kong) Limited
TESCO INTERNATIONAL SOURCING LIMITED
Kern – Liebers Textile
Thai Acrylic Fibre Company Limited
IKEA of Sweden AB
Green Fibre
KAS Direct Sourcing
Italian Trade Commission
EUROVET ASIA LTD
Gokaldas Exports Limited
Itema Weaving (India) Private Limited
N9 World Technologies Private Limited
International Textile Manufacturers Federation
LC Waikiki
Midas Clothing Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Boardriders Asia Sourcing Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
OVS Hong Kong Sourcing Ltd.
Lisa S.P.A.
Puma
Datacolor AG Europe
BRINKMANN GMBH
China World International Exhibition Company Limited
FULGAR SpA
Shima Seiki Mfg. Ltd.
Lottmann Communications
TÜYAP IHTISAS FUARLARI A.S.

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search