Tue, Apr 25, 2017 | updated 12:04 PM IST

Global Accessories Major CAPDASE joins hands with YMS Mobitech, India's Largest App-Based e-distribution Company

Updated: Nov 29, 2016 16:28 IST      
Global Accessories Major CAPDASE joins hands with YMS Mobitech, India's Largest App-Based e-distribution Company

New Delhi [India], Nov 29 (ANI-NewsVoir): CAPDASE, a global pioneer in mobile accessories, has inked a strategic partnership with YMS Mobitech Pvt. Ltd., India's largest app-based e-distribution ecosystem to spread its reach across YMS' network of 11,262 retailers and 361 distributors across 383 cities. CAPDASE also announced its intent to set up its first manufacturing unit in India, outlining an aggressive sales target of 60 million dollars over the next three years.

Headquartered in Hong Kong, CAPDASE currently caters over 45 countries worldwide with strong presence in key smartphone markets of China, Indonesia, Philippines and Hong Kong. In 2016 alone, CAPDASE has sold more than 100 million mobile accessories. CAPDASE's top product line includes Armour Suit Case for iPhone 7 & 7+, Quick Charger for car and wall charger, High protection tempered glass for most of the smart phone models, lifestyle car mint series, amongst others.

Making the announcement, Roy Chan, Channel Head-Asia Pacific, CAPDASE said, "While the accessories segment mirrors growth in the smartphone market, demand for varied and top-of-the line accessories is set to grow multi-fold in India. Phase 1 of our partnership with YMS Mobitech will involve reaching out to the metros and over 100 tier-1 cities and towns.

Our target is to reach sales in excess of 10 mn USD in the financial year 2017-18 and grow from there."

Talking about the collaboration, Ajay Laddha, Co-founder, YMS Mobitech Pvt Ltd. said, "We are excited and honored to be CAPDASE's partner in its offline retail journey in India. The mobile handset market in India has witnessed exponential growth over the last few years, leading to a surge in demand for mobile phone accessories. E-distribution platforms like YMS Mobitech will help high-end accessories players like CAPDASE make a successful transition from just online to offline presence as manufacturers can directly bill to Retailers as per their need - making it more efficient and at lesser cost. I am optimistic that our wide-spread and strong distribution channel will enable CAPDASE to gain valuable competitive edge and reach out to every single handset user in the country."

Recently, YMS Mobitech announced its tie-up with leading smartphone manufacturer, Mi India to distribute its range of accessories in key states of Eastern India. The e-distribution company is also the Distributor (West Zone) for end-to-end sale of LeEco Mobiles in India.

The YMS e-distribution network boasts of over 11,262 retailers and 361 distributors across 383 cities in what is India's largest app-based distribution ecosystem, guaranteeing on-demand sales with zero dead stock and zero loss of business opportunity. Its mobile app can keep a track of all tasks & reports via the YMS Mobile App and a web dashboard.

YMS Mobitech also creates financial products for the electronics industry, under its brand Apps You Need, and uses its technology-driven platform to sell and monitor these products. Few months ago, it also launched an accessories and IoT brand CULT. (ANI-NewsVoir)

New Delhi [India], Apr 25 (ANI): Aiming to strengthen its engineering footprint in Eastern Europe, IT major Infosys Ltd. on Monday announced the opening of its first office and delivery center (DC) in Karlovac, Croatia.

Full Story >>

Rannvijay Singh to be face of The Spartan Poker

Updated: Apr 24, 2017 19:55 IST     

Mumbai [India], Apr 24 (ANI-Businesswire India): Popular actor/ TV host and youth icon, Rannvijay Singh has joined hands with The Spartan Poker, country's leading and most popular poker gaming portal as their first brand ambassador.

Full Story >>

New Delhi [India], Apr 24 (ANI): Global specialist in energy management and automation Schneider Electric India on Monday announced its signing of an agreement with Naya Raipur Development Authority (NRDA) for the development of the first green field integrated smart city of Naya Raipur, Chhattisgarh.

Full Story >>

New Delhi [India], Apr 24 (ANI-NewsVoir): The grand celebration of Adarsh Star Samaroh 2017 was held at JECC Ground in Jaipur, Rajasthan. Adarsh Star Samaroh is an annual event from Adarsh Credit Co-operative Society to celebrate the success of the team leaders and advisors of Adarsh Credit Co-operative Society who have gathered from all across the country.

Full Story >>

New Delhi [India], Apr 24 (ANI): The new variants build on Vestas' 2 MW platform, delivering increased swept area and annual energy production while keeping the existing 2 MW nacelle and hub design.

Full Story >>

New Delhi [India], Apr 24 (ANI): LC Singh, Founder, Vice Chairman and CEO of Nihilent Technologies, a Pune-based global consulting and solutions Integration Company, addressed a large gathering of entrepreneurs, corporate executives, investors and mentors on 'How design thinking makes use of a collaborative approach in solving complex problems; and how 'empathy' lies at the core of the design thinking approach' at the flagship event of 'TiECON, Pune 2017', which took place recently at The Westin Koregaon Park, Pune.

Full Story >>

New Delhi [India], Apr 24 (ANI-NewsVoir): The tremendous response that our existing Indiqube centres have received in Bangalore, we are now expanding our footprints in city's shared work space map with launch of four new centers in important areas in order to cater to the growing demand for shared spaces.

Full Story >>

Ola launches biggest driver partner engagement initiative

Updated: Apr 24, 2017 12:44 IST     

New Delhi [India], Apr 24 (ANI): Taxi aggregator Ola on Monday announced the launch of 'Ola Partners League' - a unique virtual cricket game for its driver partners.

Full Story >>

New Delhi [India], Apr 24 (ANI): International Management Institute (IMI) conducted its 33rd Annual Convocation Ceremony at IMI-New Delhi campus where it awarded 299 students of the premier Business School with diplomas.

Full Story >>

L&Technology Services wins smart city and campus project

Updated: Apr 24, 2017 11:36 IST     

New Delhi [India], Apr 24 (ANI-BusinessWireIndia): L&T Technology Services Limited, a leading global pure play engineering services provider, announced the development of Smart City and Campus solutions that will be used to develop a smart office campus in Israel for a leading technology company - a result of its expanded partnership with Microsoft.

Full Story >>

New Delhi [India], Apr. 23 (ANI-BusinessWireIndia): We welcome the PMO's intervention on the National Medical Device Policy (NMDP). We are thankful that the Government has acknowledged the importance of FDI (Foreign Direct Investment) in this sector and is now further consolidating the gains it has already made in this regard post bringing the FDI on automatic route. We are also hopeful that before the finalisation of the NMDP, MedTech associations like Medical Technology Association of India (MTaI) are also consulted.

Full Story >>

Jakarta [Indonesia]/Bangkok [Thailand]/Singapore City [Singapore], April 22 (ANI): Japan's Shimizu Corporation has a history of over 200 years in building safe and reliable infrastructure, protecting these structures against natural disasters, and promoting the concept of environmental sustainability.

Full Story >>

New Delhi [India], Apr 22 (ANI): eShopbox an end to end ecommerce service provider has now on-boarded with Affiliate fulfillment program of all three major ecommerce players like Amazon, Flipkart and Snapdeal.

Full Story >>

New Delhi [India], Apr 22 (ANI-NewsVoir): Mindmine Summit, one of India's most influential ideas exchange platforms organized by the Mindmine Institute, an independent think tank set up by Hero Enterprise concluded its 11th edition in the national capital today.

Full Story >>

New Delhi [India], Apr 22 (ANI): The Indian Exhibitions, Conferences and Events Services Association (IESA), an apex organisation working towards the development of the exhibitions, conferences and events services sector in India, in collaboration with key industry bodies, government organisations including Department of Commerce, Ministry of Commerce & Industry, Government of India, Confederation of Indian Industry (CII), and Services Export Promotion Council (SEPC), organised the second edition of the India Expo Summit 2017 at the India Expo Centre and Mart, in Greater Noida, Uttar Pradesh.

Full Story >>

GTA to join Hotelbeds Group's Bedbank business unit

Updated: Apr 22, 2017 02:13 IST     

New Delhi [India], Apr 22 (ANI): Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry on Friday announced plans for GTA to join its Bedbank business unit.

Full Story >>

UN Global Compact to host event of 300 Indian leaders

Updated: Apr 21, 2017 18:31 IST     

New Delhi [India], April 21 (ANI-Businesswire India): Next week the United Nations Global Compact will bring together over 300 leaders from business, finance, civil society, Government and the UN in New Delhi for its flagship regional event Making Global Goals Local Business - India. Taking place on 26 - 27 April at the Le Meridien Hotel, the forum will focus on advancing responsible business practices and catalyzing innovative business models to meet the Sustainable Development Goals (SDGs) in India and across the world.

Full Story >>

Mumbai [India], April 21 (ANI-Businesswire India): The EDPMS (Export Data Processing and Monitoring System) which has been introduced by the Reserve Bank of India (RBI) to monitor payments against export bills requires all banks to report in this system details of the export proceeds realization pertaining to the shipping bills filed after February 28, 2014.

Full Story >>

Service charge not mandatory now: Centre

Updated: Apr 21, 2017 17:44 IST     

New Delhi [India], April 21 (ANI): Approving the guidelines on service charge, the Centre on Friday announced that service charge is completely voluntary and not mandatory.

Full Story >>

New Delhi [India], Apr 21 (ANI): The Central Board of Direct Taxes on Friday announced the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana (PMGKY) open for declarations up to March 31.

Full Story >>