Amazon Will Focus to Beat Flipkart Even After Four Time losses in International Business

Jeff Bezos, world’s second richest man and founder of Amazon, enlightened on the performance of it’s Indian leg after the first quarter result of the company and said that “Amazon India is the most visited and the fastest growing marketplace in India”. Amazon will keep investing for India Business Bezos statement reflects that Amazon will …

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Top 8 Mobile Marketing Strategies

Mobile marketing is a new technique evolved in marketing whether it is an online business or offline store.  Activities related to selling, purchasing, and advertising of any products and services using mobile devices are classified as mobile marketing. Of course you always want to be on top in your business and mobile will help you …

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SoftBank to Invest $1.9 Billion in One 97 Communication

One97 Communications, Parent company of Indian payment and e-commerce company Paytm, is set to acquiring the funding of more than Rs 12,000 crore ($1.9 billion) from SoftBank, Japanese media and telecom conglomerate through a single funding round which will be the largest funding round for an Indian ecommerce company. Deal valued the company at $9 …

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Grofers Moves Towards Offline Stores Across Delhi NCR

Grofers, Gurugram-based hyperlocal grocery delivery startup, is about to gain profit along with market share through its step towards initiating 15 offline stores across Delhi-NCR. Startup has two kinds of stores According to Money Control report, the startup has established two kinds of stores: Franchise stores and Tuck Shops. It is also on the way to have a …

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Wallet Licence of Citrus acquired by PayU Has Been Cancelled

According to the latest list of entities that holds Prepaid Payment Instruments (PPI) licences propelled by Reserve Bank Of India, Citrus Payment solution gave up its wallet licence. The Mumbai-based fintech startup was owned by PayU, Naspers-owned global payments player in previous year. Citrus Payment solution’s Customers will move to PayU Amrish Rau, cofounder of the company …

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BigBasket Joins Hands with SnapBizz to Enhance B2B Business

BigBasket, Grocery delivery startup, is seeking to extend its B2B business. It has collaborated with retail tech startup SnapBizz as it hopes to propell its private labels towards more kirana stores in the country. Company hopes to extending its B2B business As per cofounder of BigBasket, Abhinay Choudhari, B2B business comprises of 17-18% of the entire business done by company and …

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Vimal Ambani Steps in Startup Field With Indus Mentors

Vimal Ambani has joined a newly founded incubator called Indus Mentors. As it is already known that, he is the nephew of Dhirubhai Ambani and the reason for the brand name Vimal textile. About Indus Mentors This company is found by Nadeem Jafri and Manasvi Thapar in Ahmadabad. Indus Mentors has been able to pull …

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SAP Co-Founder’s Puts $11 Mn In Flytxt, Data Analytics Startup

Flytext, Customer data analytics firm, has got $11 million by DAH Beteiligungs GmbH, cofounders of German Software Firm SAP and associated with the family office of Dietmar Hopp. Funds will utilize for software products The company has perception for the utilization of this fund to invest it in development of software products, execution of its order book …

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Awfis, Co-Working Space Stratup Acquires $20 Mn From Capitalist Sequoia India

Awfis Space Solution Pvt Ltd, Delhi-based startup which offers working spaces, has acquired a fund of $20 million in its series B funding round driven by capitalist Sequoia India. Funds will be utilizes for technology enhancement With the utilization of this funding, company is intended to enhance its technology, its network of centres and propel new products …

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