Monday, October 12, 2015

Lycos ties up with Apollo International to start E-commerce venture

  • Lycos and Apollo International Ltd have signed an agreement to launch a joint venture (JV) that will provide B2B e-commerce marketplace for industrial goods and luxury brands.
  • This venture will be called Apollo Lycos Netcommerce. The joint venture Apollo Lycos Netcommerce will design, develop and also fulfill E-commerce for brands online.
  • Apollo International Ltd Chairman and MD Raaja Kanwar said, this initiative will provide a unique digital shopping experience to Indian consumers, where they can interact directly with global brands.
  • Chairman & CEO of Lycos – Suresh Reddy.

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