HomeShop18 acquires online books retailer CoinJoos.com

Plans to launch an online book store in the next few months

PTI | August 4, 2011



E-commerce firm HomeShop18 on Wednesday said it has acquired online books retailer CoinJoos.com for an undisclosed amount.

"This is the first acquisition by the company and is aimed towards strengthening books business and tap the massive market accessing the technology and resources of CoinJoos.com," Homeshop18.com Vice President E-commerce Narasimha Jayakumar told PTI.

Based in Noida, CoinJoos.com was run by a team of 20 people. The portal is developed by enterprise software development startup, On-Graph Technologies Pvt Ltd.

HomeShop18 is working towards launching an online book store in the next few months.  "CoinJoos.com will become a part of Homeshop18.com and we are working towards launching a big online book store in the next few months," Jayakumar said.

Commenting on the company's growth plans he said, "We are targeting exponential organic growth with focus on categories such as fashion and apparel, books, electronics and other digital products."

He, however, did not disclose the deal size and revenue figures of both the firms. While the Network18 Group company has a monthly reach of over 1.4 million visitors, CoinJoos has a catalogue of over 10 million books.

Comments

 

Other News

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter