Flipkart’s been packaging and shipping an astonishing number of packages this festive season, and resources are understandably stretched. So they’re calling in reinforcements for their delivery teams. They’re hardly your typical delivery employees though.
The festive season is in full swing, and Indian e-commerce giants are battling it out for a share of India’s online shopping pie. The 3 biggest players – Flipkart, Amazon and Snapdeal – are running simultaneous sales from 13th to 17th October, and marketing and promotions have been fierce.
If you suspected that India’s startup boom was reaching world-class proportions, you now have numbers to back it up. In a report released jointed by consultancy firm Zinnov and Google, India has been placed 3rd in the list of startup ecosystems worldwide.
India’s great ecommerce wars are well and truly on, and the three main players – Flipkart, Amazon and Snapdeal – are battling it out for a share of the Indian comsumer’s attention this festival season. Flipkart’s much vaunted Big Billion Day sale around the corner, and all eyes are on the event after the fiasco last year when the sale had left thousands of customers angry and the company had to issue an apology for the site crashing during the event.
A little a year after it came into existence, food tech startup Dazo has decided to shut shop. The company, which was initially called Tapcibo, used to aggregate meals from partner restaurants and took care of last-mile delivery to ensure superior customer experience.
Berkshire Hathway is a gigantic global conglomerate. Headed by billionaire investor Warren Buffet, it has interests in multinational corporations like IBM, American Express and Coca Cola. An investment decision by the company can shake up stock markets, and its total assets in 2014 were 526 billion.
However its website looks like this.
After foreign companies, including Google, Amazon, Uber have already made a beeline for the state, they Indian counterparts are following suit. Flipkart, India’s premier etailer, had decided to set up its largest warehouse in Telangana. This will be the company’s 16th warehouse in the country.
If you’d planned to plant yourself in front of a computer and avail of the awesome discounts on offer during Flipkart’s Big Billion Day sale, prepare to be disappointed. Flipkart’s biggest annual sale will only be available to the users of its app.
The tech world was abuzz this morning with reports that Quikr was eyeing a majority stake in real estate portal CommonFloor. An Economic Times article had stated that the deal would be worth Rs. 330 crore, and had been in the works for the last 5 months. The news was gaining steam and being picked up by other publications, until co-founder Vikas Malpani intervened.