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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...

Can Flipkart, Snapdeal make money via ad revenues like Alibaba?

Online marketplace Snapdeal has launched a new platform called ‘Snapdeal Ads’ to enable its 2,00,000 sellers get their products discovered and thereby sales through targeted advertising tools. The tool developed in-house will allow the seller community to reach customers through...

Grofers raises USD120 mn in series C funding from SoftBank

Gurgaon-based hyperlocal delivery start-up Grofers has raised USD120 million (Rs 800 cr) in latest funds largely from Japan’s SoftBank Corp. Apoletto Asia, the personal investment vehicle of DST Global's partners, Russian billionaire Yuri Milner, and existing investors Tiger Global...
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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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