More than 120 startups have been created by former employees of online shopping portal Flipkart and 36 by ex-employees of its subsidiary Myntra, according to the Tracxn database. The Flipkart economy of 156 startups is a microcosm of the local ecommerce ecosystem that has bloomed in less than 10 …
Tag: Flipkart’s
Zopper looks to double GMV to $200 million this fiscal
Hyperlocal model may not have turned out to be viable for grocery players such as PepperTap, Localbanya, Ola Store and Flipkart’s Nearby, leading all of them to shut shop, but Neeraj Jain, Co-Founder of Zopper, hyperlocal for home appliances, expects to double its GMV (Gross Merchandise Value) to…