Flipkart
Food
BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group
Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...
Retail
Flipkart introduces robot-based sortation tech at facility in Bengaluru
E-commerce marketplace Flipkart Tuesday said it has introduced the country's first robot-based sortation technology, automated guided vehicles (AGVs), at its sortation facility in Bengaluru.A Flipkart statement said the company has introduced over 100 AGVs at its sortation facility in...
Fashion
fabindia bets big on experience centres, to open 30 more by 2020
Following a tremendous response for its Experience Centres, fabindia, India’s largest lifestyle retail brand, has recently launched its third Experience Centre in New Delhi-NCR. Located at Lajpat Nagar, one of Delhi’s most popular shopping destinations, the store is spread...
Retail
Foreign e-tailers must have registered entity in country: Draft policy
IANS -
E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...
Retail
Walmart still optimistic on Indian e-commerce after new FDI rules
US retail major Walmart said it is “disappointed” with recent changes in FDI policy for e-commerce firms in the country, and hopes for a collaborative regulatory process going forward which results in a level-playing field.According to a PTI report:...
Fashion
Online Marketplaces: Delivering fashion to the discerning masses
The online fashion space in India is positively buzzing with private labels or brand partnerships. Recently, heritage American denim brand, Wrangler collaborated with Indian e-commerce giant, Flipkart to launch an exclusive sub-brand called Wrangler 20X. Myntra also launched its...
Fashion
Using digital tech to create multi-sensory consumer experiences to strengthen brand
Of late, brands are exploring means and mediums to engage with their customers as frequently and as innovatively as possible. Among the many popular mediums, social media is emerging as the preferred route to connect with consumers.Last year for...
Retail
Walmart bets on India despite change in FDI norms
IANS -
American retail giant Walmart and its Indian e-tail major Flipkart are betting big on India despite the revised norms for Foreign Direct Investment (FDI) in e-commerce, the companies said."Walmart's and Flipkart's commitment to India is deep and long term....
Retail
Liberty Lifestyle further strengthens its presence in the market through strategic partnerships and initiatives
After a successful launch of its fragrance line in the country, Liberty Lifestyle has been focusing on their marketing initiatives and has been actively participating in various events and exhibitions to sustain growth and awareness for the brand. As...
Retail
Walmart may exit Flipkart due to new FDI rules: Morgan Stanley
IANS -
Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned."An exit is likely, not completely out of the question, with the Indian...
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Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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