Amazon

Ecommerce Giant Flipkart Clocks 19% Surge In Annual Turnover

Flipkart India, the wholesale arm of dwelling-bred ecommerce unicorn Flipkart, has claimed a turnover of $2.3 Bn (INR 15,264 Cr) for the year ending in March 2017. This marks a 19% bounce in the company’s yearly turnover from $2 Bn (INR 12,818 Cr) in the prior fiscal year. As per its yearly return filings, Flipkart…

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Key Pointers From BIGShift Bhubaneswar, A Localised Event For Startups

Founded during the Kalinga empire nearly 3,000 years ago, Bhubaneswar is an ancient city that currently serves as a major economic and religious centre in eastern India. Its modern avatar was architected by Otto Konigsberger in 1946. In 2015, World Bank crowned Bhubaneswar as the best place to do business in India. With robust infrastructure…

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Amazon Files Application With CCI To Acquire 5% Stake In Shoppers Stop

Amazon NV Holdings, the investment decision arm of Amazon.com, has submitted an software with the Competitiveness Fee of India (CCI) to obtain 5% minority, non-managing stake in departmental retail store chain Consumers Quit. By the way, through its investment decision in Consumers Quit, will get Amazon a insignificant stake in Foreseeable future Retail. The retail…

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Amazon Wholesale India Unit’s Sales Reaches $1.08 Bn In FY 16-17

It would seem that the believe in Jeff Bezos has revealed before this year on Amazon’s Indian arm has commenced to fork out off. Amazon Wholesale India, the US-based ecommerce giant’s Indian wholesale distributor has raked in $1.08 Bn (INR 7000 Cr) well worth product sales in FY 16-17. Interestingly, Amazon India has credited this…

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Paytm Plans To Invest $2.5 Bn To Grow Its Ecommerce Business Paytm Mall

Paytm has its sights established on getting a considerable player in the ecommerce house with its ecommerce unit Paytm Mall. Founder Vijay Shekhar Sharma mentioned that Paytm plans to devote up to $2.5 Bn to increase its nascent online shopping portal enterprise within just 3 to five a long time as it eyes best place…

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Key Pointers From BIGShift Ahmedabad, A Localised Event For Startups

The largest city in Gujarat, the “Land of the Legends”, Ahmedabad is blessed with spectacular Indo-Persian architecture, mesmerising gardens and numerous lakes (natural and artificial). Renowned as the birthplace of the Father of the Nation, Mahatma Gandhi, Ahmedabad has also emerged as an important economic and industrial hub in India. As of 2014, it was…

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15 Elements You Must Know To Build A Great Customer Service

Consumer can pay for to shed you but you can’t pay for to shed the client. The linchpin of any business enterprise is the client. Customers lay the basis of corporations nowadays. In this purchaser-pushed age, what sets apart good firms is the assistance they supply their shoppers. Terrific firms make investments in shoppers since…

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Ecommerce Major Flipkart Reports 43% Growth In GMV In April-September Period

As for every a economical report from Flipkart investor Naspers, the ecommerce agency has described a progress of 43% in gross items worth (GMV) for the six months ended 30 September. The fifty percent annually report by Naspers mentioned that Flipkart has found a jump in its industry share from the yr-in the past period….

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Amazon India Reports Over 105% Revenue Growth In FY17

At a time when Flipkart’s valuation has been marked up by a single of its investors Morgan Stanley, the Indian arm of international ecommerce behemoth Amazon has reported about 105% progress in profits in FY17. As for each filings with the Registrar of Corporations (RoC), Amazon Seller Products and services posted a 41% maximize in…

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