Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
With the launch of Woohoo, QwikCilver now targets two markets in India - the gifting market, worth $7 billion and gift cards as a category.
Estimates by retail consultancy Technopak suggest that direct subsidy to consumers because of e-commerce this year would be over Rs 12,000 crore.
Market regulator Sebi to support stert-ups raise funds.
E-commerce buyouts: Mahindra, Godrej to leverage on physical stores.
A number of smaller players are said to be gasping for breath.
The store launches same-day delivery for its site, though analysts say others have eroded its headstart in the brick and mortar format.
Google Inc on Monday launched the first smartphones powered by its Android One operating system in India, pricing them at around Rs 6,399 ($105) to capture the low-cost segment of the world's fastest growing smartphone market.
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
People who have worked with Mukesh Bansal describe him as approachable and extremely polite but someone who likes to maintain a strict work schedule.
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
Designing is another critical area for him, especially in the business of furniture.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
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Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
Surat-based company in talks with banks, insurance cos, manufacturing cos etc for their iris scanner machine.
'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.' 'Of course, the good part is that this agenda is also in the national interest,' says Ambassador M K Bhadrakumar.
The guidelines say sellers will be solely responsible for warranties and guarantees.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business
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.
Legendary Sachin Tendulkar along with his one-time opening partner Sourav Ganguly will be once again seen together along with Bollywood A Listers like Ranbir Kapoor, Hrithik Roshan and some of the other prominent actors like John Abraham and Abhishek Bachchan at the opening ceremony of the cash-rich Indian Super League.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
Investors seem to be very keen on investing in startups.
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
Recently, the company has released videos on Maggi.
The average 3-year revenue growth of 50 fastest-growing tech firms slips to 365% in 2015.
Companies bank on festive season to beat slow market blues
PM app downloaded 2.5 million times, to see 20-fold growth in user base
A 20-minute chopper ride over Delhi, followed by lunch comes for Rs 5,000.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
"If I am using data to build intelligence and personalisation for you, then it's meaningful," says Ankur Warikoo, co-founder and CEO, Nearbuy.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
But trading through the route still a minuscule portion of total turnover
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
According to a study more than one-fifth of India's product start-ups are from the city.
The two companies have been negotiating to remain separate entities after a merger.
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