The Company generated consolidated Cash Flow from Operations of Rs. 42 Crore leading to Cash and Investments of Rs. 780 Crore as on Sept 30, 2019 as compared to 503 Crore on Sept 30, 2018, an increase of 55% YoY.
E-retailers follows O2O model to cut down on logistics cost. Encouraged local retailers for sourcing and delivery, hence cutting warehouse requirements of the company. Targets Rs. 17,000 crores by the end of FY '20
Interaction and communication-based shopping is emerging as trend to look forward. As per the industry data, online resellers space has been projected to grow to $48 Bn-$60 Bn by 2022 driving the wave of social commerce.