Grofers in talks to raise Rs 650 crore; SoftBank may lead latest funding round
If the deal fructifies, it will mark an over ten-fold increase in valuation and the third round of funding this year for the Gurgaonbased startup.
How Walmart’s $16 billion buy of Flipkart will change India’s startup map
The common wisdom now is that with Amazon and Flipkart dominating t...
ET Power of Ideas: Panel discussions on how to build a startup
The panel discussions are being held in eight cities in association with Jio, ...
Global investors heading to India are beginning to make a stopover at Bangladesh
Bangladesh’s ecomm market is "nascent but growing" — similar to what India was about 7 years ago. It’s a good time for ecommerce players to be entering.
Firms like Grofers and PepperTap urge retail partners to set-up exclusive warehouses
Grofers said it has access to 23 dark stores in Delhi, Mumbai and Bengaluru and aims to have 50 in place by the end of this year.
Startups like Bigbasket, Paytm tell employees to change work culture
A highly competitive operating environment is driving this shift towards a new work culture. Staff are now being given challenging KRAs to measure performance outcomes.
Oliphans Capital's big boom in startup jungle
Oliphans Capital has often strayed from the dominant narrative of India's startup investing -writing cheques to twenty-something IITians, fuelling a consumer technology boom.
Cyber security proves a challenge for booming e-commerce in India
Are users taking a risk by allowing applications to gain access to personal data shadowed by an upgrade? “Most definitely,” said Bikash Barai.
Most emerging firms low on cyber security: Experts
More than 70 per cent of Indian companies are under-prepared when it comes to cyber security, according to a report by CISO Platform.
BigBasket, LocalBanya expect contribution from private labels to rise up to 50% through staples and FMCG
Private labels in daily household, personal care and food products are soon expected to drive nearly half the sales for online grocers.
How brick-and-mortar stores are joining hands with ecommerce biggies to target India’s 1.3-billion customers
Convergence is key as a lot of customers still want to touch and feel the product. Buyers are no more thinking of channels, but are doing seamless shopping.
Indian startup boom: How well idea is executed counts more amid competition, say entrepreneurs
Investors prefer ideas that can be benchmarked with similar ones that have gained scale or are making waves in other markets in the current scenario.
BigBasket plans lodging for blue-collar workers to improve productivity, retention
BigBasket sees housing to serve as a tool to improve productivity and retention. The lodgings will be located near its warehouses and pickup locations.
ZopNow raises Rs 62 crore in fresh round of funding
Online grocer Zop-Now has raised $10 million (Rs 62 crore) in a funding round led by San Francisco-based Dragoneer Investment Group.
ICICI Venture, Zodius Capital eye stake in BigBasket
BigBasket is in talks with private equity investors ICICI Venture & Zodius Capital, among others, to raise about $33 mn in funding, sources directly aware of the matter said.
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