With wary VCs drastically cutting their investments in cash-burning start-ups, top two players in many categories are standing out from the herd
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Tag: Amit Agarwal
GST: Why TCS on e-tailers doesn’t make sense
Amidst fierce rivalries, lobbying about a “level playing field”, arguments on the dumping of foreign capital, and the Indian versus multinational debate, it was fun to watch the chiefs of India’s top three e-tailing companies come together for another level-playing field talk. A…
Flipkart, Amazon & Snapdeal join hands, flag concerns over GST
In a rare sight, top bosses of country’s major e-commerce players – Flipkart, Amazon and Snapdeal shared dais to raise their concerns over the draft Model GST Law. The draft proposes a clause called ‘Tax Collection at Source’ (TCS – Section 56). Under this, e-commerce marketplaces will have to de…
Property start-up NoBroker raises $7mn to connect home owners with buyers & renters directly
NoBroker, the India-based property startup that wants to make property agents obsolete, has landed $7 million in fresh funding to expand its service. The company connects property owners with prospective buyers or rental tenants directly with no need for a broker, as the name suggests. NoBroker c…
Amazon rolls out Launchpad for start-ups in India
New Delhi: Amazon Inc. on December 5th announced the launch of its global programme for start-up products, Launchpad, in India. “Launchpad is a destination for start-ups to showcase unique products to millions of consumers world over,” Jason Feldman, Director of global innovations, Amazon, said a…
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…