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India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a…
Read More Why A Deal With Snapdeal Is A More Logical Choice For Flipkart Than Amazon
Indian e-commerce giant Flipkart, which has asked around 400 of its 33,000-strong workforce to leave the company on grounds of non-performance, said the move was in line with industry practices. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound…
Read More Layoffs Are In Line With Industry Practices: Flipkart
Amid concerns of Indian startups’ financial health, Flipkart – the country’s largest e-commerce firm – put 300-600 employees on a performance improvement plan that might result in layoffs. “Market correction has impacted e-commerce firms. This is beyond regular attrition. Downsizing…
Read More Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs
Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…
Read More “Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…
At 148 years old, India’s salt-to-steel conglomerate Tata Group wants to get hip and cool. So, for its first big gamble on India’s booming e-commerce space, the group says it will only sell Camels—that’s short for “certified authentic merchandise everybody loves”—on its…
Read More Coming Soon To A Website Near You: The Carnage Of Indian E-commerce
India’s biggest technology startups are finally getting a taste of devaluation. For the last couple of years, India was flooded with venture capital money, which helped several tech companies become unicorns—startups valued at over $1 billion. But now, some of…
E-commerce major Flipkart, with 75 million registered users, has gone back to explaining the basics of online shopping to Indian shoppers with its TV ad campaign, Flipkartmatlab bilkul pakka. The two-film campaign seeks to reassure customers that they can never…
The government’s foreign direct investment norms for e-commerce marketplaces issued on Tuesday may prove to be a dampener for consumers due to the clampdown on pricing freedom for marketplace operators and lack of adequate post-sales safeguards. “Exact numbers are not…
It was not long ago that Kunal Bahl, CEO and co-founder of Snapdeal, announced that by the end of the current fiscal, that is 2015-16, his company will overtake Flipkart as India’s largest e-commerce company. “That will not happen for…
Read More Snapdeal Still Has A Long Way To Go To Overtake Flipkart
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-retailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
Read More Consumers win in Amazon vs Flipkart discount war – ET Brand Equity
Indian organizations are riding a massive wave of transformation, and technology is steering this change in most cases. It is changing the way products are manufactured and delivered to the market. Over the past few years India Inc. has seen…
Read More 93% Indian Organizations Place Data Security As Top Business Priority
Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest.…
Sure eTailing is growing by leaps and bounds. But eTailers are booking more losses than profits. Deep discounts and returns are a downward spiral they can’t pull out of by Vishal Krishna & Abraham C. Mathews This scene repeats every…
Both will acquire 50 companies this year, prompting PayTM and Amazon to draw up similar plans.There is a dearth of talent in India, more so on the engineering side because only 10 pe rcent of the Indian engineers are employable.…
Snapdeal is seeking to emulate social media giant Facebook in the commercial media space as it looks to expand its footprint. Kunal Bahl, CEO & co-founder, Snapdeal, is creating a clan of apps, just the way Facebook did with FB,…
After signing up for ‘Airtel Zero’ platform last week, online e-commerce firm Flipkart yesterday decided to move out of the deal with country’s top operator Bharti Airtel following massive backlash in support of net neutrality. “The massive competition in this…
After signing up for ‘Airtel Zero’ platform last week, online e-commerce firm Flipkart yesterday decided to move out of the deal with country’s top operator Bharti Airtel following massive backlash in support of net neutrality. “The massive competition in this…
Amazon, America's largest etailer, began as an online bookstore in 1994. Two years before Jeff Bezos pored through the dictionary and picked out the world's biggest river as his brand name, lesser known (at least as of today) Charles M…
The pending TRAI decision on establishing a regulatory framework for Web-based OTTs , if passed will have serious implications on millions of Indian lives. While there is a lot of debate going on about the ramification of Net Neutrality and…
Read More Net Neutrality Differential Pricing Will Hit India’s Digital Economy
The e-commerce industry in India is set to increase from $4.5 bn today to $45 bn in next 4-5 years. Moderating the second panel session, Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Knowledge Group pointed out that while the…
One of the most well known names in the Indian data center market, Netmagic Solutions, is in the eye of a perfect storm. The Indian data center market is witnessing an unprecedented boom. A number of factors are fueling this…
Read More Netmagic bets big on innovations; says India witnessing unprecedented data center wave
Moderating the second panel session, Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Knowledge Group pointed out that while the cost of creating a website has declined considerably in the last few years, the key to survival of E-commerce model is customer…
Read More Product e-Commerce Sector To Grow Ten-fold By 2020
Technology startups in India are getting a financial boost from the government, though entrepreneurs say that more could be done to support the growth of the industry. Sanchit Gogia, Chief Analyst & CEO at Greyhound Research, called the government's planned…
Read More For Indian Tech Ventures, Actions Speak Louder Than $160M Promises
Technology startups in India are getting a financial boost from the government, but entrepreneurs say that more could be done to support growth in the industry. Sanchit Gogia, Chief Analyst & CEO at Greyhound Research, called the government's planned tax…
Read More Startups Like India’s Money But Want More Government Action
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…
In a bid to strengthen their presence in the e-commerce sector, large players such as Amazon, Snapdeal and Flipkart are likely to look at acquiring companies with niche, differential capabilities, say industry analysts. "Snapdeal will be able to leverage Unicommerce's…
Read More More niche acquisitions likely in e-commerce sector, say analysts
Home-grown e-commerce companies such as Flipkart and Snapdeal, which have reached out to Indian artisans and small cottage industries, are unable to sell their products in the international market, while their global rivals such as Amazon and eBay are able…
Read More Lack of logistics hindering Indian e-tailers from selling overseas
Just two seconds can make a difference of hundreds of crores of rupees in some businesses. That's the premise on which HDFC Securities is re-inventing its stock trading app for mobile phones. The new app will feed real time stock…
