E-commerce major Amazon India on September 27 launched a new marketplace — Amazon Business — to cater to the requirements of the small and medium businesses (SMBs) in the country. The new marketplace is focussed on meeting the procurement needs of SMBs such as technology and service c…
Tag: Amazon India
FDI in e-Comm & start-ups contracts over 65% in CY2016: Kotak report
According to the report, about 13 e-Commerce companies which raised a total of around $3.46 billion in 2015 managed to receive just $1.31 billion in 2016 in FDI inflows.
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GST: e-Commerce sector to benefit from faster delivery & transparency
India is set to roll out the Goods and Services Tax (GST) from July 1, which is expected to pare the costs borne by logistics and e-Commerce start-ups face in India. The e-Commerce players that depend heavily on third-party logistics firms to transport goods to the customer’s doorstep have largel…
Amazon India is teaching tribal entrepreneurs in Gujarat to sell products online
As per the company’s MoU with the Department of Tribal Development, Government of Gujarat, Amazon India conducted its first regional workshop today in Narmada to train and enable tribal entrepreneurs to sell their products and services online. It is in line with Amazon India’s vision …
Digital start-ups get together to engage better with policymakers
Bengaluru: A handful of bitcoin startups, led by Zebpay’s Saurabh Agrawal, had been talking for a while about reviving their defunct industry group. It finally took a Central bank warning notice that resurfaced in February after four years to kick them into action. The Digital Asset and Blockchai…
Amazon India to empower Naga women entrepreneurs
With a view to drive digital literacy among women entrepreneurs in Nagaland, Amazon India partnered with the state government and the National Skill Development Corp (NSDC) to provide them a global platform to sell their products at zero initial cost. Amazon India will conduct training and skill …
Amazon start-ups program in India witnesses huge spike in applications
Indian start-ups have shown huge interest in e-commerce giant Amazon global start-up program called ‘Amazon Launchpad’ which was launched early this month. The Indian arm of Amazon claims to have received over 400 applications in just two weeks of the launch. Amazon India said in a statement that…
Demonetisation Effect | Indian e-Commerce growth projection cut to 55.5% for 2016
Four months after forecasting a 75% increase in Indian e-commerce in calendar year 2016, eMarketer, a US-based market research firm, on December 6 cut its projection to 55.5%, or around $16 billion, citing the impact of demonetisation on order volumes. While orders will recover in the long run fr…
No funds crunch for fashion startups
Fashion startups are in vogue this season. Despite the current funding crunch dogging the Indian startup space, startups specializing in fashion are drawing huge investor interest. In May alone, several fashion startups including 6Degree, Blinge, Shopwati, Hoppingo and Coutloot raised funds from …