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Understanding consumer trends is key to success in retail

Consumer and market sentiment is today more buoyant than it was until two years ago. The improvement in confidence levels has had a positive impact on how we spend. There is no doubt that consumer spending today is more...

Indian craft beer brand Bira91 raises USD6 mn in Series A funding

Craft beer company B9 Beverages recently announced that it has raised USD 6 million in Series A funding from Sequoia Capital and other marquee investors for its handcrafted beer brand Bira91 (the number stands for India’s country code). Other investors...

TALISMAN FOR SMEs

The fact that the neighbourhood retailer understands the consumer's shopping behaviour and preference better was perhaps acknowledged via the hyperlocal model. Though a platform already having begun in earnest in 2014, the 'inclusive'character of online commerce grew much larger. These...

TECHIES AND TRANSFERS

Severalhigh-profile industry luminaries left established majors to either test new waters or to pursue a dream in 2015. Simultaneously, Silicon Valley seemingly became the preferred recruiting grounds for online entrepreneurs.Sanjeev Mohanty, after serving for over a decade as Managing...

Omni-Channel: More than just a buzzword

In the pre-internet era, flow of information was to a great extent unidirectional, that is, from corporations/media houses to consumers. But with the rapid diffusion of the internet, not only did the world witness a paradigm shift, but even...

PepperTap completes Series B round with USD 40mn

On-demand hyperlocal grocery delivery service PepperTap has received an additional USD4 million from InnoVen Capital as part of a series B funding round which is now closed after raising a total of USD40 million. In September this year, the company...

Snapdeal, Quikr go multilingual to tap India's diverse populace

Enabling millions of Indian to overcome language barriers e-commerce major Snapdeal has unveiled its multilingual interface. The new interface will let millions of shoppers shop online in their preferred regional language. To start with, Snapdeal’s user interface, on the mobile,...

Mobile-first apps drive rapid retail app growth in India

With the steep rise in internet and smartphone penetration in India, the top 10 retail apps in the country have seen 4.4x year-on-year growth, outpacing more developed markets such as US and Japan, shows a analytics report by App...

Parsel marks forward integration with Accord Ecom acquisition

Mumbai-based logistics services provider Parsel Technologies has reportedly acquired Accord Ecom Solutions Pvt Ltd, a third-party logistics provider, for an undisclosed amount. "Following the acquisition, Accord Ecom’s delivery assets and manpower will continue operations under the brand name Parsel," Parsel,...

Flipkart reports Rs 2000 cr loss in FY2015

Flipkart India Pvt. Ltd and Flipkart Internet Pvt.Ltd, two entities controlled by India's e-commerce major Flipkart, havr reported a loss of Rs 2000 crore in the year ended march, as per some of the media reports, citing regulatory filings. The...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice

FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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