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Flipkart and Hotstar come together to announce a new ad platform
Flipkart and Hotstar come together to

New Delhi: In a first of its kind partnership in the industry, Flipkart, India’s leading e-commerce platform, and Hotstar, India’s leading streaming platform today has announced the launch of Shopper Audience Network, Flipkart’s new ads platform that allows brands to connect with customers through personalised TrueIntent video ads on Hotstar,

July 20, 2018  |  comments ( 0 )  | 

Yaantra sells 500k refurbished smartphones
Yaantra sells 500k refurbished

New Delhi: Yaantra, an online marketplace for repair, refurb and resale of smartphones said it has registered a new high as it sold 500,000 units of refurbished smartphones in two year from its platform. The platform was founded by Jayant Jha, Ankit Saraf and Anmol Gupta in 2013. Yaantra started with an annual track of repair & refurb of approximately 8000 smart phones. According to the company, with a significant presence in all major

July 19, 2018  |  comments ( 0 )  | 

V Mart embraces PeopleStrong Alt to empower digital HR
V Mart embraces PeopleStrong Alt to

New Delhi: Value retailer V Mart has announced its move to adopt machine learning and mobile for providing its employees an exceptional experience at work with PeopleStrong, India’s HR Technology Company. With this move, V Mart will be able to provide a unified employee experience from On-boarding to exit to all its employees – be it a retail front line workforce or the business teams in the corporate office, the company said this

July 19, 2018  |  comments ( 0 )  | 

Amazon Prime Days register 35% surge from small towns
Amazon Prime Days register 35% surge

Leading e-commerce company Amazon India has garnered more than 35% of new members from tier-II during its recently concluded Prime Day sale this week. Amazon India said it saw a surge in Prime subscriptions from several days before the sale, stating that more new Prime members joined the programme in the one week leading up to Prime Day than any week since the launch of Prime in India. Prime Day 2018 also was

July 19, 2018  |  comments ( 0 )  | 

Select CITYWALK adds Japanese luxury brand Onitsuka Tiger to its brand portfolio
Select CITYWALK adds Japanese luxury

New Delhi: Japanese Luxury Footwear Brand, Onitsuka Tiger is soon going to enter Delhi NCR with its store in Select CITYWALK mall. The launch will take place on Friday, 20th July, 2018 in the presence of Bollywood heartthrob Tiger Shroff, the company said this today. Foraying into Delhi-NCR with Select CITYWALK, this will be Onitsuka Tiger’s third store in India with its existing stores in Mumbai and Chandigarh.

July 19, 2018  |  comments ( 0 )  | 

Milkbasket launches voice buying
Milkbasket launches voice buying

New Delhi: Daily grocery delivery service Milkbasket today has launched “Voice Buying”. With this service, grocery buyers in India can place their orders using voice commands only. The service can be used on Google Assistant and will soon be available on Amazon Alexa, the company said. “Milkbasket is synonymous to grocery & convenience for our customers, and introduction of voice buying further elevates their

July 18, 2018  |  comments ( 0 )  | 

Flipkart adds recharge, travel tabs on its mobile app
Flipkart adds recharge, travel tabs on

In a bid to increase customer visits, online retailer Flipkart has added two new tabs on its mobile application — ‘Recharges’ and ‘Travel.’ While the first tab redirects the customer to Flipkart’s payments platform PhonePe, the second tab takes the user to MakeMyTrip to book travel tickets. This development, which pits Flipkart directly against Alibaba-backed Paytm, comes as companies in the consumer

July 18, 2018  |  comments ( 0 )  | 

Grofers to enter FMCG segment; targets Rs 2,500 crore sales in FY19
Grofers to enter FMCG segment; targets

New Delhi: Online grocery player Grofers today said it plans to enter the FMCG segment and the company is targeting overall revenue of Rs 2,500 crore by FY19. Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50 per cent contribution from its private brands. The company has launched seven new brands under two categories Budget and Popular G-Brands. "With this, Grofers'

July 18, 2018  |  comments ( 0 )  | 

LG India starts open cell manufacturing of TV at Pune plant
LG India starts open cell manufacturing

Consumer durable company LG India has started open cell manufacturing of televisions in India at its Pune facility with two models and plans to scale it up. Speaking to media agencies, Younchul Park, India director (home entertainment) LG Electronics   said, “How fast we can scale it up depends on market adoption. However, we want to start open cell across sizes and eventually all the models will be

July 17, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet
Amazon pumped Rs 230 crore into India

Global e-commerce company Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from Paper.vc. This comes within a few months of another investment of Rs 195 crore.  The latest funding has been routed through Singapore-based Amazon Corporate Holdings and Mauritius-based Amazon.com.incs. Amazon Corporate was allotted 23

July 17, 2018  |  comments ( 0 )  | 

Singapore based CCube Angels Network Invests in Inner Being
Singapore based CCube Angels Network

CCube AngelsNetwork, Singapore based angel investing network has invested in Inner Being Wellness Pvt.Ltd (hereinafter referred to as InnerBeing),a Nutri-food start up based out of Hyderabad.The start-up has received INR 35 million (SG $6,90,131) from partners, AtimKabra, Vipin Agarwal, Sandesh Pandhare and few others. Inner Being plans to use the funds raised in the current round for new product development, expansion in top tier citiesin

July 16, 2018  |  comments ( 0 )  | 

Amazon readies for Prime Day with blockbuster deals
Amazon readies for Prime Day with

Prime Day 2018 has been started from 12 pm today, offering 36 hours of shopping exclusively for Prime Members. Members can shop new launches and deals across categories includingsmartphones, fashion, consumer electronics, toys, appliances and more. Customers can visit www.amazon.in/primeday today to become a Prime member and avail Prime Day offers. “With Prime Day, we are excited to bring to our members over 200 exclusive launches,

July 16, 2018  |  comments ( 0 )  | 

Shoppers Stop betting big on omni-channel strategy
Shoppers Stop betting big on

Leading department store retailer Shoppers Stop is betting big on an omni-channel retail strategy as the part of strategy to grow its business and aims to be completely debt-free by the end of this fiscal.  "We believe that these exits (divestment) will serve in giving us the eagle eye focus required to significantly scale-up our core-businesses while also dramatically change our balance sheet and thereby increase

July 16, 2018  |  comments ( 0 )  | 

Now IKEA will launch its first store in India on August 9
Now IKEA will launch its first store in

New Delhi: Swedish furniture major IKEA has postponed the dates of opening its first store at Hyderabad by almost 20 days to August 9 as its needs some more time to fulfil quality commitments, said an IKEA official statement today. The company was scheduled to open its first store in India next week on July 19. "IKEA Retail India decided to move the date as it needs some more time to live up to its expected quality commitments towards

July 13, 2018  |  comments ( 0 )  | 

Panasonic India aims aggressive growth
Panasonic India aims aggressive growth

Kolkata: Panasonic India, the flagship company of Japanese electronics maker Panasonic in the country is eyeing aggressive growth this fiscal from its smart home appliance range. The company aims to grow at 40% this fiscal against the industry growth of 6%-7% in the Rs 11,800crore home appliance market. “The smart home appliance market in India is under-penetrated. Also with the increase in electrification in India, demand has soared. In a

July 13, 2018  |  comments ( 0 )  |