Funds Dried Up And Valuations Fell: The Year That Was For Startups

The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up…

Online Retail Chains Lobby Minister Against 100% FDI In ECommerce

As many as 12 big retailers, including Future Group, Landmark, Shoppers Stop and Globus, met Commerce Minister Nirmala Sitharaman in New Delhi on Wednesday and pitched strongly against the Union government’s proposal to grant 100 per cent foreign direct investment…

Why Do E-Commerce Firms Need The Billions?

Months after e-commerce major Flipkart raised $1.9 billion (about Rs 11,800 crore) in three rounds of funding in 2014, the Bengaluru-based company is again understood to be in talks to raise at least $500 million. “I believe the profit margins…

Patience Will Be Key For Survival Of IT Retail: Greyhound Research

Sanchit Vir Gogia, CEO, Greyhound Research, gives us five reasons why the e-tailers’ predatory pricing can’t last forever While there is no doubt that certain well-funded e-commerce power-houses have eaten into the domestic IT channel market, we have reasons to…