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Top Spot Race Continues: Amazon beats Flipkart in app downloads

The war between Flipkart and Amazon is becoming more cut-throat with Amazon India pipping homegrown Flipkart and emerging as the most downloaded retail mobile app in India on Google Playstore and Apple's App Store in the first quarter of 2016. According...

Rocket Internet's GFG raises $33 million

Global Fashion Group, which houses six international fashion e-tailers including India's Jabong, today announced that it has raised an additional $33 million topping up its April round this year when it raised $330.9 million at a sharp valuation drop...

Rise of mobile retail in India’s digital age: App Annie Report

The  rapid deployment of mobile telecommunications infrastructure and emergence of sub-$100 smartphones has triggered a wave of mobile-led economic development India.The country’s mobile phone subscriber base recently surpassed one billion, highlighting the staggering potential of mobile technology. The use of...

Two more Silicon Valley executives quit Flipkart

India's largest e-commerce marketplace Flipkart's management rejig is continuing even as two more high-profile Silicon Valley hires quit the company last week. ALSO READ: Flipkart rejigs top management, hires ex-Amazon exec Lalit Sarna and Sunil Gopinath were among the top talent in the company. Sarna...

70 per cent of startups globally will fail: Kris Gopalakrishnan

Infosys Co-Founder and former CII President Kris Gopalakrishnan said almost seventy per cent of startups globally will fail and only five to ten per cent will become large and scale up. "Almost seventy per cent of startups will fail. About...

The growing Indian luggage market packs a punch

Expanding retail chains, booming e-commerce and nationwide sales networks have led to growth in an unusual sector - the Indian luggage market. The segment - which is growing around 18 per cent CAGR - is extremely streamlined and is looking at a good...

Samsung to sell television sets on Flipkart

Samsung has recently announced their partnership with Flipkart to sell its 40-inch Full HD, smart curved TV. "The strength of Samsung in the television category and specifically smart televisions, is going to significantly bolster our existing 20 per cent smart...

Jabong expects 20-30 pc growth this fiscal: CEO Sanjeev Mohanty

Online fashion retailer Jabong, which is reportedly on block for sale, said it expects to clock 20-30 per cent growth in sales this year as it charts a turnaround in business. According to a PTI report: Stating that he is...

Sanjeev Mohanty quits Jabong, to head Levi's India

Jabong CEO Sanjeev Mohanty has quit the ailing fashion e-tailer and is likely to be named the new India head of Levi's. According to The Economic Times, Mohanty is expected to take up the new assignment once Jabong's ongoing discussions...

Flipkart legal head Rajinder Sharma quits

Flipkart general counsel and legal head Rajinder Sharma has resigned from the company, joining the growing list of senior managers to leave the online marketplace this year. Sharma, who was earlier the legal head at Samsung Electronics Co. Ltd’s south...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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