Features

Close to 40% customers for ecommerce companies’ private labels portfolio came from Tier 3 and below cities for Flipkart

More than 82% new customers were from Tier 2 and below for Amazon India

India's e-retailing industry is expected to have more than 50 Mn online shoppers from Tier 2 cities alone by end of 2018

VGSTS 2018 served as a knowledge-sharing platform for budding entrepreneurs

The summit witnessed a footfall of over 8000

This summit was a forerunner to the Vibrant Gujarat Global Summit 2019

Unitus Ventures has 10 questions for startups with a business idea that not only has potential for success but also has a lasting impact on the world

“Our first evaluation step for any consumer business is for at least three of us on the team to try the product or service,” says Ramamoorthy

It’s time to move away from the idea that a workforce needs to comprise full-time employees clocking a fixed number of hours, he adds

Taxidio offers DIY travel itineraries to travellers

Taxidio is doubling-down on both B2C & B2B segments

With steady growth hacks the platform is projected to have 750,000 unique visitors over the next 12 Months

Karan Sharma of Avendus Capital says a lot of successful investor exits are happening across sectors in India

Sharma expects more consolidations across sectors in India in the days to come and believes the tech ecosystem will grow phenomenally

He adds that vertical ecommerce is coming of age in India and that strong companies are emerging on the back of strong product offering

Inc42 caught up with Rajneesh Kumar, Chief Corporate Affairs Officer, Walmart India, to understand to ask him what’s in store for Indian retail and consumers

The ‘Mera Kirana’ programme has been created to share best practices with small and medium retailers, says Kumar

He believes that the combination of Walmart’s global expertise and Flipkart will position the company for long-term success and enable it to contribute to the Indian economy

London-based CDC Group is the development finance institution of the British government

It is looking to double its India portfolio by 2021

The firm has also introduced a venture funds programme in India and is expected to invest up to $30 Mn in domestic venture funds

Gopal Pillai of Amazon says 90% of the sellers on Amazon are SMEs and that the platform has more than 400,000 sellers

Amazon India launches Amazon Select programme to help SME entrepreneurs create their own brand names

According to a report, Flipkart’s rate of addition of new sellers has doubled in the last six months

Snapdeal founders Kunal Bahl and Rohit Bansal acquired FreeCharge in April 2015 for an estimated $400 Mn

Snapdeal sold the digital payment app FreeCharge to Axis Bank for $60 Mn in July 2017

The FreeCharge sale was an important part of Snapdeal 2.0, Says Bahl

India’s biggest government-owned, operated, controlled and managed data centre

The only Tier 4 data centre in the government space currently

Benefits extended to all startups in Rajasthan and other state governments across India

Amid sexual abuse allegations, AIB co-founder Tanmay Bhat steps down, another co-founder Gursimran Khamba is sent on leave

Queen director Vikas Bahl removed from Amazon’s upcoming web series after Kangana Ranaut accuses him of sexual harassment

Many entrepreneurs and founders have been named and shamed in the ongoing #MeToo movement

Ashish Sharma of InnoVen Capital India says the firm has done more business in the last 12 months than ever before

InnoVen Capital India has invested $677.7 Mn (INR 500 Cr) this year, with three months to go, and expects a 15%-20% growth over last year

In the next four-five years, Sharma says some of the companies that are in the late-stage today will create a disproportionate amount of value