Freecharge could be valued at $700 million-$1 billion, making it one of the most richly-valued companies in the Indian startup ecosystem.
Myntra founder has agreed to spend half-a-day on average every month with these startups
Early-stage venture capital investment in Indian startups dropped to a two-year low in the July-September quarter: Venture Intelligence data
Fresh funding comes even though smartphone sales growth likely to fall this year
Parent company reduces equity infusion in Flipkart marketplace to Rs 1,629 cr from Rs 5,456 cr a year earlier
During this October's festive sales bonanza, goods worth Rs 10,000 crore are likely to be sold, which is just Rs 1,000 crore more than last year.
Both Flipkart & Amazon India saw more than 3.73 mn units sold in the first 12 hours as compared to 3.1 mn shipments on special sale days in Oct 2015.
In its quest for numero uno status in India's etail war, Flipkart is transforming itself from within
Binny Bansal has infused fresh vigour into Flipkart with moves aimed at making it more efficient, strong enough to stand its ground against Amazon.
“We just wanted to grow faster. We also thought the team could do better as part of a larger ecosystem,” said Edukart’s founder Ishan Gupta
Sparse Labs has developed an Android-based mobile application which transmits delivery executives’ location to both the restaurant and the consumer in real time.
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