Avanni’s increasing appetite for shopping online 20 times a month on average should delight electronic marketplaces such as Flipkart and Amazon.
The network has a presence in Delhi and Ahmedabad and is an alumni-focused group of 70 investors from premier institutions in India.
From building a network of cobranded hotel properties to curating budget hotels, homestays and hostels, some technology startups are redefining travel industry.
From building a network of cobranded hotel properties across the country to curating budget hotels, homestays and hostels, a handful of technology startups are redefining the travel industry, for both hotels and travellers.
Pharmacy chain MedPlus is in preliminary talks to raise USD 50 to 75 million (Rs 300 crore to 450 crore) to develop its warehousing and supply chain infrastructure.
The company incorporated in 2014 records 300 transactions on average per month with ticket-size of Rs 1,300-1,400 per transaction and had to rework the invoicing system.
Move threatens to wean away customers from offline stores that have remained the choice for many because of their customisation service.
Players such as FabFurnish and Urban Ladder in the online furniture space recreate their offerings in 3D settings to help users find the right fit.
Online decor and furniture players like FabFurnish, Urban Ladder woo buyers with three-dimensional technology
FabFurnish will also look at acqui-hiring companies in visualisation tools after closing a subsequent round of funding to the tune of $60-70 million.
The e-commerce company currently operates its manufacturing unit and delivery centre in Hyderabad and plans to launch their services in Benguluru and Chennai early next month.
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