Amazon About To Raise Commission Charges For Third-Party Sellers

Amazon India has revised its policies for third-party merchants who sell on its platform, slated to be effective next month. The e-commerce major will increase its commission rates by about 50% on an average across categories with some segments seeing a 100% hike for sellers. This is the second time the online retailer has raised …

Continue Reading

State-Run: Flipkart Deal Reflects Hope For India-China Co-Operation

Flipkart, an eminent ecommerce company in India, is striding ahead to own $1.4 billion from several capitalists. Indian market is in need of capital To meet up its requirement, it considers Tencent Holding, Chinese internet firm and capitalist, as well. State Run Global Times, Chinese media, said that this kind of step brings the fact …

Continue Reading

Naspers Is About To Take Stake In Swiggy

Naspers, largest internet and entertainment conglomerate, is moving ahead to acquire stake in Swiggy, food delivery startup. This deal evaluates this startup at almost $400 million. About The Speculator Naspers Naspers belongs to one of the biggest technology speculator and has supported so many companies throughout its journey like Flipkart, one of the eminent online …

Continue Reading

Google Silently Launches Areo, Hyperlocal App

On Wednesday, 13th April, 2017, Google has secretly launched a latest hyperlocal application called Areo on Play Store. This app gets your food and home services at your doorsteps in Mumbai and Bangalore. Book or schedule a delivery through App This app comprises of some partners like UrbanClap, Faasos, Box8, FreshMenu, and Zimmber. As described on …

Continue Reading

Ola brings Rs 1,675 crore up in crisp subsidizing from SoftBank

Ola, India’s biggest ride hailing company, has raised a sum of $250 million which is almost Rs 1675 from the capitalist SoftBank, Japanese Telecom and internet major corp. SIMI Pacific Pte Ltd, a SoftBank subsidiary, has invested in ANI technology, parent company of Ola. This Funding round is termed as Down round This financing round …

Continue Reading

Self Drive Startup About To Turn Out First Laser Sensor Called Lidar

Luminar which is a Silicon Valley startup is seeking manufacturing of laser based sensor that will be used in self driving cars and it will serve a vital role to enhance the vehicle safety. About Luminar The startup was established by two photonics experts in year of 2012. Since then it has kept itself away …

Continue Reading

Maggi’s New Flavor Will Be Available At Paytm Mall

Nestle India BSE-0.49% is about to launch new flavors of Maggie at Paytm Mall contrary of the earlier news that it will launch it on Snapdeal. Exclusive Launch Of Maggie And Other Deals The launch of Maggie on Paytm will also mark the exclusive launch on Alibaba and Ant Financial supported platform. It has also …

Continue Reading

Future Group About To Shut Online Furniture Retailer Fabfurnish

Future group which is led by Kishore Biyani is in process of shutting down FabFurnish. FabFurnish is an online furniture shop which was acquired by Future group from Rocket Internet, a German based company last year. Almost one year ago, Founders of Rocket internet, SamwerBrothers sold out this online furniture store to Future Group for …

Continue Reading

Uber Re-Initiates Its Services In Taiwan After Discussion With Authorities

On Thursday, Uber technology Inc conveyed about its recommencement of ride hailing services in Taiwan followed by valuable talks with the authorities of Island. In an statement, Uber said, “After constructive talks with transportation authorities, we are now partnering with licensed rental car companies to resume serving riders in Taipei”. In February, Just after the …

Continue Reading

Maini Brothers And Sun Group Plan To Create Smart Battery Packs For Vehicles

SUN Mobility is seeking for fabrication of smart batteries which will be utilized in electric vehicles like bikes, autos, and buses.   About SUN Mobility SUN Mobility is a joint venture between SUN New Energy Systems which is an investment arm of SUN Group and Virya Mobility 5.0 of Maini brothers. Sun mobility is planning …

Continue Reading