The bottom of the pyramid for Business-to-Business (B2B) companies are the Small and Medium Enterprises (SMEs) and their technology requirements are certainly very different from any large entity. Catering to their needs can be a very tricky challenge as the business volume is certainly high but …
Tag: Amazon
Diwali Sales: Stellar show by Amazon makes 236 sellers crorepati
Amazon India nearly tripled its sales volume during the recently concluded Great Indian Festival Sale compared with 2015. The online sale was conducted in three phases last month. Over 200 sellers sold goods worth over Rs 1 crore this Diwali on the platform. The company witnessed major momentum f…
Amazon & Flipkart planning offline stores in smaller towns
E-commerce companies in India are exploring the idea of setting up offline stores in smaller towns as they look to grow their customer base and improve logistics in the unmapped areas. Rather than investing in their own stores, e-commerce marketplaces are partnering with local merchants who can a…
The little drone start-up beating Amazon, Google in the home delivery race
Seattle: More than two years ago, Amazon Chief Executive Officer Jeff Bezos spoke on 60 Minutes about delivering goods to homes with unmanned aircraft, or drones. But a little start-up near Reno, Nevada, beat Amazon to the punch. The company, called Flirtey, in July made its first household deliv…
Online sales extravaganza helps sellers rake in crores
Festive sale across platforms like Amazon, Flipkart and Snapdeal are helping sellers rake in big mullahs with hundreds of them clocking over Rs 1 crore a day from the sales extravaganza. Snapdeal said 37 sellers crossed the turnover of Rs 1 crore each on day 1 itself, while Amazon said nearly 100…
Beardo raises $500k from Venture Catalysts in seed funding
Actor turned entrepreneur Suniel Shetty backed men’s grooming brand Beardo raises seed funding of $500k from Venture Catalysts. The investment round was led by Raj Vazirani – RHV enterprise, Siddharth Somaiya of Godavari Biorefineries & Somaiya Group, Rohit Parakh – Diector, Touchston…
E-Commerce sales to touch $1.5-1.7 bn in Oct: RedSeer Report
eFestive sales are expected to help e-Commerce companies register transactions worth USD 1.5-1.7 billion in October, according to research firm RedSeer Consulting. “With this festive season, we foresee a spring effect of targeted marketing and focus on quality customer segments. It is going…
Amazon to open ‘seller cafes’ to offer on-ground help
Online marketplace Amazon India is opening ‘seller cafes’ across 24 cities and towns to offer on-ground help to merchants on its platform ahead of the festival season. “We are opening 24 ‘seller cafes’ in cities and towns to offer on-ground support to sellers to help…
Amazon expands network to 12,500 local stores, retail outlets
In preparation for the festive season sales, Amazon India has expanded its last-mile delivery network to 12,500 local stores and retail outlets in 50 cities to address both express and regular deliveries within a radius of 2km to 4km. Amazon’s delivery network, which started as a pilot prog…
Amazon India considers investment in online food delivery startup Swiggy
Amazon India is considering an investment in online food delivery startup Swiggy and has held several rounds of discussions with the Bengaluru-based startup over the past three months, according to four people directly aware of the ongoing negotiations. Swiggy has also attracted the attention of …