'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
Rajesh Bhayani highlights all that you need to know about the online currency.
Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities
'We've seen tremendous traction from fruit and vegetables.' 'Around 18% of our business comes from these, almost three times higher than physical stores.'
60-plus men and women who live independent lives are becoming the cynosure of ad men's eyes.
Companies such as Amazon, Uber are looking at expanding their hubs in Canada.
The hyperlocal logistics company hires delivery boys to work for a diverse set of clients like Amazon, Bigbasket, Swiggy and McDonald's. Apurva Venkat finds out why clients and investors love it.
Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
'When you don't have food to eat, will you be worried about the virus or the next meal?'
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
Fortune's third annual 'World's 50 Greatest Leaders' list features men and women from across the globe from the fields of business, government, philanthropy and the arts who are "transforming the world and inspiring others to do the same."
Suveen Sinha finds out what the tribe of modern, internet entrepreneurs who no longer run their first start-ups are up to.
CCI investigation into predatory pricing likely
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
It is watching e-commerce policy fineprint before spelling out India plan
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According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
He said that the whole world being robbed of creativity and ideas because so many people in India are not online.
UrbanClap's business model is still a work in progress.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
Despite having the third-largest internet user base in the world, India does not feature in the top ten e-commerce markets
The company did not disclose its new holding pattern.
Satya Nadella was drenched with a bucket of ice water on his head as part of a challenge he took to raise awareness about a neurodegenerative disease and in turn challenged Amazon CEO Jeff Bezos and Google co-founder Larry Page to do the same.
Price arbitrage for popular products is low but some of these platforms are worth a look for decent deals.
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy.
Budget forces last minute change in finance minister's plans.
The number of people, the average age and the smartness of the people, willingness to work hard and the fundamental culture of working, will work in our favour, said Kal Raman, CEO of Solutionstar, in an interview to Shobha Warrier/Rediff.com.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
These workers have been asked to undergo a 30-day performance improvement plan.
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
On the investor side, we realised most of the funds have foreign capital, thus closing down the opportunity to the Indian investor.
Indian e-commerce company raises Rs 600 crore in sixth round of funding.
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
Flipkart claims to have more than 90,000 sellers on its platform.
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The indicative salary outlook for junior employees is Rs 1.45 lakh-Rs 3 lakh per annum, while for mid-management it is between Rs 12 lakh-Rs 30 lakh per annum
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