E-commerce in India stiff competition with Indian startups. A large proportion of traffic towards e-commerce sites is driven by coupon sites. Examples of venture capital firms having invested in e-commerce companies in India are as follows: Flipkart.com raised about USD 2.3 billion. On 10 July 2013, Flipkart announced it had received $200 million from existing investors Tiger Global, Naspers, Accel Partners, and ICONIQ Capital, and an additional $160 million from Dragoneer Investment Group, Morgan Stanley Wealth Management, Sofina, Vulcan Inc. and more from Tiger Global. In February 2014, online fashion retailer Myntra.com raised $50 million from a group of investors led by Premji
Fopp (retailer) Fopp (retailer) Fopp is a Scottish chain of retail stores selling music, film, books and other entertainment products in the pUnited Kingdom. It is owned by HMV. The company began as a one-man stall in Glasgow, Scotland in 1981. The name "Fopp" comes from the title of a song by the Ohio Players on their 1975 album "Honey". By 2007, Fopp had expanded to become a chain of over 100 branches in the UK. With the demise of rival chain Music Zone, Fopp became the third largest specialist music retailer in the UK in terms of store numbers (after HMV