E-commerce companies are seeing an increase in demand for products such as fresh fruits and vegetables, milk, flour, rice, and lentils, and personal hygiene items like sanitisers and soaps and household cleaning products. Other products include instant noodles, baby food and Ayurvedic items. "There is even a huge spike in pet food," said a person.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
The big breakthrough in e-commerce came in October when the big three of Flipkart, Amazon and Snapdeal went into an overdrive to win customers and offered pre-Diwali sales with eye-popping discounts.
'It's pretty likely that Kissinger, Rice et al came bearing gifts (read Trojan Horses) from McDonnell Douglas, Boeing, Grumman, Northrop, and all the other Military Industrial Complex stalwarts,' argues Rajeev Srinivasan.
The Delhi High Court on Tuesday permitted Chinese mobile phone maker Xiaomi to sell and import Qualcomm chipset based handsets till January 8, as a temporary measure.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
Industry sources said all the iPhone 7 handsets shipped in had been sold out.
Kapoor charges between Rs 3 and Rs 3.5 crore for a day's work for a brand. His current roster of brands include Asian Paints, Pepsi, Panasonic, Renault, Flipkart, Macroman, Saavn, and Hero MotoCorp.
Suveen Sinha finds out what the tribe of modern, internet entrepreneurs who no longer run their first start-ups are up to.
The new online store, which will be launched on September 23, will provide customers with the same premium experience found in Apple Store locations around the world, delivered by online team members who are ready to offer their expertise, Apple said in a statement.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
Urjit Patel, Binny Bansal, Nirav Modi and Rahul Gandhi personify the big trends that defined 2018. Well, almost...
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
Urvi Malvania looks at what is in store for the IPL's 2019 edition.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
Tata Sons Chairman Emeritus Ratan Tata said e-commerce is one of the areas where is he looking to personally invest because of its "good potential" as a large proportion of the country's consuming public do not have the required access to goods.
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
Comes with the latest Android OS and has a slot for memory card.
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
Khosla said 85 per cent of Indian e-commerce firms were over-valued.
A good price. Slim bezels. The Aptoide app store. But is it enough, asks Aparna Banerjea.
Sources said a merger could benefit both as Grofers' private labels business would be a draw for Zomato, as well as its experience in the online grocery delivery space.
The deal, which will kick in after the holiday season, in January, will give Apple more visibility among online buyers in India. The partnership could help Apple take on Chinese smartphone maker OnePlus, which has become one of the leading player in the premium smartphone market thanks to Amazon.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
Most Indian start-ups and e-commerce are largely funded by foreign investors
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
All they used was their creativity, sill and intelligence.
While Flipkart and Amazon go on a fund-raising spree, the real battle will begin once big industrial houses such as the Tatas, Reliance and the Aditya Birla group join the race.
What made these 10 businesses rise above the rest? Read on to find out...
E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.
Nadar and his family donated Rs 826 crore, while Azim Premji gave Rs 453 crore and Ambani parted with Rs 402 crore, according to the Edelgive Hurun India Philanthropy List 2019.
India's e-commerce sector is a prize, but one that may end up being spread thinly.
The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home. Transport of goods remains badly hit as confusion remains among various stakeholders and road transport becomes the victim of disconnect between policy makers and local authorities.
Next month, US e-commerce giant Amazon is set to complete a year in India.
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
