Flipkart
Retail
Amazon first in festive season discount battlefield with Onam store
With festive season around the corner, e-commerce players in India are gearing up to make most of the festivities- which kicks off in August and goes with Onam, the Malayali harvest festival, in early September, and peaks during Diwali,...
Retail
IITs name, shame start-ups for reneging on job offers; Grofers, Zomato in list
In an unprecedented move, the Indian Institutes of Technology (IITs) on Thursday released names of 31 companies they have blacklisted for allegedly going back on plum job placements they offered to students.
IITs have barred these 31 companies from participating in placement...
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Snapdeal secures Rs 140 crore from Luxembourg’s Clouse SA
Jasper Infotech Pvt. Ltd, which runs e-commerce firm Snapdeal, has reportedly received a top up of Rs 140 crore($21 million) as part of its previously announced funding round from Luxembourg-based firm Clouse SA.
In February this year, Snapdeal announced it...
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Flipkart’s Growth Capital program for sellers crosses Rs 125 crore milestone
In just a year of its launch, 'Flipkart Growth Capital' program has successfully disbursed loans amounting to over Rs 125 crore to more than 800 sellers on its platform. Flipkart has partnered with 8 financial institutions for the initiative...
Retail
Amazon to expand private label offerings in India
Amazon India is looking to create own private brands in fashion and groceries category apart from significantly expand its existing private electronic accessories brand AmazonBasics, according to a report in Livemint.
AmazonBasics, which debuted in India in September last year,...
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Annualised GMV for e-commerce firms in India dips 10 pc in Q2
Annualised GMV for e-commerce companies in India fell 5-10 per cent in the second quarter of 2016 to US$13 billion, impacted by fewer discounts by players like Flipkart and Snapdeal, research firm RedSeer said.
"While there was a strong growth...
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Flipkart does soul-searching at town hall in tech hub
IANS -
Reeling under lower valuation, exits by many senior executives and downsizing of staff in the face of intense competition in the digital world ahead of the festival season, leading e-tailer Flipkart had a soul-searching town hall discussion with its...
Retail
Myntra clocks $1 bn annual GMV run rate in July
Leading e-commerce platform for fashion and lifestyle products Myntra today said ithas crossed $1billion run rate in annualized GMV post discounts in July this year. "This is the first time ever that an Indian fashion brand has recorded $1...
Food
Retail Mantra: Look to customers, not investors
It is quite likely that most e-commerce start-ups being hatched in coffee shops of Bangalore – which are based on general merchandise retail – are already doomed. They need to search out new areas to service new customer needs...
Retail
Flipkart's Sachin Bansal confesses he was replaced due to performance
The monthly Friday town hall meetings at Flipkart, where top executives assemble in a hall packed with employees to take questions, came as a shocker for many as the company's co-founder Sachin Bansal confessed he was replaced as chief...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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