Esablished in 2006, Mumbai-based IRC supports its faculty with research in emerging trends in the region. IRC has supported most of the case studies and HBS research projects focused on business in South Asian region.
The company already has a presence in West Asia and has tie-ups with online electronics retailer Sharaf DG, franchisee businesses of Al Futtaim group, Lulu chain of malls and others across Gulf Cooperation Council countries including the UAE, Saudi Arabia, Bahrain, Oman, Kuwait and Qatar.
Another company which works in a similar space in India include Kasiak Research, which is a part of Bharat Serums and Vaccines (BSVL).
The LetsTransport platform provides inter-city aggregation of mini trucks and a few large vehicles across industry sectors like retail, FMCG and ecommerce to meet the elasticity in the demand for fleet.
The e-tailer said that it will make minimum spends on above the line (ATL) advertising in print and TV as the marketplace looks to rationalize its spends on marketing.
The company will be launching other verticals over the coming months to diversify business. It recently announced the launch of food order aggregation on the platform through tie-ups with Swiggy, Zomato, Freshmenu and Faaso's.
While Flipkart is engaged in a tussle with ICICI Bank for its payment platform, Amazon India has also launched its own payment option.
The capital will be deployed by the technology-enabled trucking platform to expand the company’s service offerings and technology development.
The company connects manufacturers, wholesalers and retailers across categories like fashion, home, automotive and electronics.
While Swiggy pilots The Bowl Company in Bengaluru, Zomato plans to help partner-restaurants set up kitchens instead of competing with them.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon