Indian eCommerce majors such as Snapdeal, Jabong, Snapdeal, Urban Ladder, Ola and Myntra among others have started providing 'accelerators vesting' for employees stock options (ESOPs).
Jabong has crossed the 1,000 crore sales mark in the year doubling its revenue from a year ago. But the deep discounting has led to a threefold hike in the net loss for the company.
Mukesh Ambani led Reliance Jio Infocomm (RJIL), a subsidiary of Reliance Industries Limited (RIL), is all set to launch its new digital wallet service somewhere in the mid of Decemeber.
iOrderFresh delivers fresh fruits, vegetables, dairy, bakery products, pulses and organic food to customers in and around the National Capital Region (NCR)
In an attempt to reach out to those segment of the population that are not comfortable in online buying, online marketplace Flipkart will soon have its offline sales presence.
India occupies a remarkable position in global retail industry. The country has emerged as a dynamic player in every industry vertical primarily because of frequent new entries of enterprises and startups in business on a daily basis.
After acquiring one of India's biggest start-ups, New Delhi-based online marketplace Snapdeal is all set to dominate India's $3 billion eCommerce industry.