CrazyPricing invests in CafeGadgets

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: CrazyPricing Online Services Pvt Ltd, a Delhi-based information technology and consumer electronics retail chain, recently announced its plans to invest and acquire a majority stake in Cafegadgets.in, an online retailer of cutting edge gadgets and gizmos.

CafeGadgets has a registered user base of over 1 lakh customers. “We are confident of our decision to invest in one of the leading Indian Internet properties,” says Amit Sabharwall, COO, CrazyPricing Online Service. “CafeGadgets specialises in online sales of IT products and electronic gadgets and the synergy between the two companies will provide us with a huge customer base,” he added.

“We will also benefit from CafeGadgets’ close association with the vendors in IT products and mobile phones categories as it has already been representing many of the major brands as their online distributors for quite some time now,” he says. Not only this, the vast experience of the CafeGadgets’ team in merchandising and marketing online will also prove helpful to CrazyPricing in making its presence felt and carving a niche for itself in the electronics retail segment in India.

CrazyPricing plans to reinforce the reach of CafeGadgets’ online shopping platform and will retail a variety of gadgets.

Burlington launches premium suitings collection in India

Burlington Worldwide, the leading full service textile solution company, has recently launched a premium suitings collection in India. It showcases Indian flavour for design and colours, which has been combined with advanced fabric performance.

Says Rajeev Surana, CEO OCM India Ltd, “We are proud to herald the arrival of the finest premium suitings as the Indian market is at the threshold of a major revolution in woollen suitings.” He adds that Burlington’s contemporary designs and colours with the latest offerings from design expertise from Italy will definitely have an edge in the Indian market. Burlington is a brand of US-based International Textile Group Inc, which is owned by WL Ross & Co. It is a diversified textile company and has got a joint-venture with Punjab-based OCM in India.

TAKE Solutions signs MoU with Loyola Institue

Take Solutions Limited and Loyola Institute of Business Administration have signed a memorandum of understanding to launch the Centre of Excellence (CoE) for supply chain management (SCM). TAKE Solutions is a leading international business technology company with products backed by strong domain expertise in supply chain management and life sciences.

T S Sridharan, managing director, TAKE Solutions Ltd, says, “There is a shortage of trained personnel in the SCM sector at the decision making level. We are looking at minimising the talent crunch and are working towards utilising the academic brilliance of Loyola Institute.”