indiaroots news and archive

NDTV Ethnic gets funding boost from KJS group

NDTV Ethnic Retail, which operates NDTV group's e-commerce venture IndianRoots.com has got five million dollars (over Rs 31 crores) in funding from KJS group at valuation of 85 million dollars (Rs 540 crores) for the vertical. The company will utilize funds to build its logistics, marketing and delivery mechanisms. NDTV launched its ecommerce...

Business

NDTV’s Indiaroots reports revenues of Rs 6.06 cr in Q3

NDTV’s e-commerce business NDTV Ethnic Retail that owns and operates IndianRoots.in registered revenues of Rs 6.06 crores for the third quarter ended December 31, 2014 against Rs 2.09 crores, same quarter last year and Rs 2.28 crores in the quarter before that. However, the segment’s losses before tax increased to Rs 6.02 crores for the quarter...

Business

Indiaroots.in Q2 narrows loss to Rs 3.16 cr

NDTV’s e-commerce business Indianroots.in has reported revenues of Rs 2.28 crore for the quarter ended September 3, 2014, as compared to revenues of Rs 0.52 crore in the same quarter last year and Rs 4.43 crore revenues in the previous quarter. The company has posted a loss before tax of Rs 3.16 crore for the quarter, a minor improvement from Rs...

Apparel

Indiaroots picks up stake in JA Ethnic Retail

NDTV’s e-commerce venture NDTV Ethnic Retail that operates Indianroots.in has acquired 100 percent stake in JA Ethnic Retail. The company has disclosed these details in its earnings results for the quarter ended December 31, 2013. NDTV’s e-commerce business reported revenues of Rs 2.31 crore for the quarter, up from Rs 52 lakh in the previous...