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Roadrunnr, TinyOwl to merge in all-stock deal

To create an integrated hyper-local delivery service, logistics player Roadrunnr and online food ordering platform TinyOwl are in preliminary stages of talks to merge in an all-stock deal. However, the vision of the combined entity is yet to be discussed....

Flipkart invests Rs 338 crore in Myntra to take on competition

Flipkart has invested Rs 338 crore in online fashion store Myntra to boost its leadership in the fashion segment. Myntra has received the fresh round of funding when its rival Jabong is struggling. In September, the founders of Jabong –...

Startup India: What the industry thinks

Prime Minister Narendra Modi's ambitious Start-up India initiative, which got voice and shape on January 16, sounds like a mega boon for aspiring entrepreneurs, willing to startup and stand up in India. The day-long event rolled out a slew of...

AI startup Snapshopr raises angel funding

Bengaluru-based Artificial Intelligence startup Snapshopr has reportedly raised an undisclosed amount in angel funding from top technology executives. The funding was lead by Amod Malviya, former CTO, Flipkart and few other angel investors including Pallav Nadhani, Apurva Dalal, Saran...

Flipkart reshuffles top management, Binny Bansal replaces Sachin Bansal as CEO

In a major top deck management reshuffle, Flipkart, the country's largest ecommerce company, announced that the current CEO and Co-founder, Sachin Bansal will step down from his role, and will be replaced by Binny Bansal, COO and Co-founder of...

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...

THE TALK SHOP!

With smartphone penetration outpacing PC sales, higher internet penetration, clubbed with rising demand for on-the-go convenience services, made the ubiquitous mobile a prominent retail destination for one and all in 2015. There are just under a billion cellphone connections in...

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...

Flipkart introduces global brand licensing for Indian sellers

Indian e-commerce major Flipkart has come up with a new brand licensing initiative to ease the process for international brands entering India and to offer consumers more authentic and branded merchandise. Introduced under Flipkart's seller programmer the initiative is “a...

Flipkart launches children's store 'Li'l Stars'

India's largest ecommerce company Flipkart has marked children as a "high focus" category in the fashion segment for the coming year and has announced the launch of 'Flipkart Li'l Stars' , a store dedicated to children on its platform. Sales...
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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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