Peerzada Abrar &Amp; Aryaman Gupta

Stories by Peerzada Abrar &Amp; Aryaman Gupta

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com   18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

E-commerce Creating Jobs For Women

E-commerce Creating Jobs For Women

Rediff.com   14 Oct 2024

'Women are taking on key roles in warehouses, such as picking and packing, as well as in our last-mile operations across India.'

PC makers look to hitch a ride on the q-com bandwagon

PC makers look to hitch a ride on the q-com bandwagon

Rediff.com   7 Oct 2024

Bengaluru-based Sunny Gupta had been searching for a laptop for months. In August, while sitting at a coffee shop, he decided to order an Acer Predator laptop - typically priced between Rs 95,000 and Rs 2.5 lakh - through the quick-commerce (q-com) platform Flipkart Minutes. "It took exactly 13 minutes from payment to receiving it at the Starbucks I ordered it to," he wrote in a now-viral post on social media platform X.

Amazon sees gold rush in festival season

Amazon sees gold rush in festival season

Rediff.com   7 Oct 2024

Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27. This demand is for brands such as Malabar Gold and Diamonds, PN Gadgil Jewellers, Joyalukkas, PC Chandra and KISNA, among others. According to current trends, customers buy fine jewellery starting at Rs 2,000 in the silver category and shell out up to Rs 40,000 for gold and diamond jewellery. In the last year, Amazon has seen more customers opt for 14 Karat purity.

Swiggy's qcom arm beats food delivery growth

Swiggy's qcom arm beats food delivery growth

Rediff.com   30 Sep 2024

For food aggregator platform Swiggy, quick commerce (qcom) is proving to be a better growth opportunity than food delivery. Its qcom arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company's recently filed draft red herring prospectus (DRHP) shows.

'A Big Sound Like That Of A Bomb'

'A Big Sound Like That Of A Bomb'

Rediff.com   30 Sep 2024

'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'

How's The Josh At Amazon, Flipkart?

How's The Josh At Amazon, Flipkart?

Rediff.com   29 Sep 2024

While war rooms are set up closer to the sales, warlike preparations go into it almost 12 months in advance to ensure that on D-day the firm gives its best to its customers.

D2C brands hitch their wagon to quick-commerce

D2C brands hitch their wagon to quick-commerce

Rediff.com   23 Sep 2024

As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com   14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Quick-commerce companies expand Tier-II ops ahead of festival season

Quick-commerce companies expand Tier-II ops ahead of festival season

Rediff.com   11 Sep 2024

After making the model work in metro cities, players in the quick commerce sector are rapidly expanding their footprint into smaller tier 2 cities and markets beyond that ahead of the festival season.

Kirana vs Q-com on table

Kirana vs Q-com on table

Rediff.com   5 Sep 2024

The government is set to examine concerns over quick commerce companies potentially undermining businesses of local kirana stores, particularly in the context of the draft Digital Competition Bill, according to official sources. The Ministry of Consumer Affairs recently raised the issue with the Ministry of Corporate Affairs during discussions around the proposed legislation. "We need to assess if and how the Bill can address these concerns and explore further steps to include provisions to keep a check," a senior official stated.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com   30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Online vs offline retail: Industry divided over Piyush Goyal's comments

Online vs offline retail: Industry divided over Piyush Goyal's comments

Rediff.com   22 Aug 2024

Union Minister of Commerce and Industry Piyush Goyal's recent comments on large e-commerce players have reignited the debate about their impact on smaller offline retailers. On Wednesday, Goyal said that the rapid growth of e-commerce in India is a "cause for concern" and is diminishing the market share of small, mom-and-pop stores by offering high-margin products such as consumer electronics and apparel at discounted rates.

Lava dials up ambitions for smart wearables market

Lava dials up ambitions for smart wearables market

Rediff.com   20 Aug 2024

With the recent launch of smartwatches, home-grown smartphone maker Lava is looking to secure a strong foothold in the Indian wearables market. The company aims to capture up to 20 per cent of this segment over the next few years, according to a senior executive.

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Rediff.com   17 Aug 2024

Companies like Flipkart, Amazon and Meesho as well as quick commerce ones like Blinkit, Zepto and Swiggy Instamart may create hundreds of thousands of seasonal jobs for the coming festival season.

Flipkart's Shopsy intensifies efforts to tap into Bharat

Flipkart's Shopsy intensifies efforts to tap into Bharat

Rediff.com   8 Aug 2024

Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.

Competitors unfazed by Flipkart's 10-min delivery foray

Competitors unfazed by Flipkart's 10-min delivery foray

Rediff.com   7 Aug 2024

At a time when Flipkart has entered the quick-commerce race with a service called "Minutes", executives at rival players said they are in a wait-and-watch mode. They said they would be concerned only once the e-commerce firm is able to succeed in this space. The Walmart-owned firm's quick-commerce service has gone live in some parts of Bengaluru, putting it in competition with firms such as Zepto, Swiggy's Instamart, and Zomato's Blinkit.

Zepto upsizes, to shift core operations to Bengaluru

Zepto upsizes, to shift core operations to Bengaluru

Rediff.com   7 Aug 2024

Flush with funds, quick commerce unicorn Zepto is planning to relocate from Powai in Mumbai to a larger office space in Bengaluru's Sarjapur to accommodate its imminent new hires. While the company will maintain an office in Mumbai, its primary operations will shift to the new space in Bengaluru. A spokesperson for Zepto confirmed the development

Amazon India Head Quits

Amazon India Head Quits

Rediff.com   7 Aug 2024

Manish Tiwary plans to take up a new role at another firm.

ADIF files complaint with CCI against Google for anti-competitive practices

ADIF files complaint with CCI against Google for anti-competitive practices

Rediff.com   6 Aug 2024

The Alliance of Digital India Foundation (ADIF), an industry body for startup ecosystem and app developers, on Monday filed a complaint with the Competition Commission of India (CCI) against technology major Google for alleged anti-competitive practices in online advertising. The complaint outlined Google's dominant position and alleged abusive behaviour in both the online search and online display advertising.