India · Retail

Future group may buy Aditya Birla’s Retail.

Yes you heard it right. Future group’s Owner Kishore Biyani is in advanced talk to buy Aditya Birla Group’s Retail arm Aditya Birla Retail. Future Group plans to consolidate its position in the supermarket brick and mortar business and this move would help him consolidate groups position.  According to top sources , the two groups… Continue reading Future group may buy Aditya Birla’s Retail.

Ecommerce · India · Industry · Startups · Strategy

No Brick and Mortar business will survive post 2023 : Amitabh Kant

Chief Architect of startup India campaign and CEO of Niti Ayog feels that brick and mortal businesses will be dead by 2023.  Speaking at an event organized by TIE, Mr Kant Said “India is the only country with a billion mobile phones and biometrics. In the last 6-7 months we have added almost 28 crore… Continue reading No Brick and Mortar business will survive post 2023 : Amitabh Kant

Banking · Brand · Finance · India · Industry

Dewan housing to buy Andromeda for $37 million

Dewan housing finance limited has decided to buy  Andromeda’s loan distribution , mortgage , financing and financial instruments business.  Mumbai based holding company CASA holding holds 80% of Andromeda’s stake . The total deal value will be amounted somewhere between 200 and 250 crores. Altamount capital is advising CASA capital for the deal . The… Continue reading Dewan housing to buy Andromeda for $37 million

Brand · Ecommerce · India

Snapdeal on a mission to capture ‘Bharat’.

In order to capture a bigger pie in Indian Ecommerce market Snap deal today initiated “Project Bharat”. The company plans to launch the site in 11 different Indian Languages in a bid to appeal the Non-Metro Audience. The project would enable 130 miilion Indian citizens to access and explore various products on the platform. The… Continue reading Snapdeal on a mission to capture ‘Bharat’.

Brand · Ecommerce · India

Zomato adds in app customer service.

Food e-tailer  Zomato has added a new feature in their app by which the users can chat with the restaurant owners regarding reservations and menu details. User can also connect to Zomato executives and can get updates on promo codes , offers and discounts. User can interact with the Customer service executives between 9 AM… Continue reading Zomato adds in app customer service.

Brand · Ecommerce · India

Flipkart won’t sell ebooks anymore.

Country’s top etailer Flipkart has decided to stop selling ebooks on their platform. All the existing orders will be served by Canadian E-book supplier Rakuten Kobo. “The Indian book market is overwhelmingly dominated by physical books and this is a market that is growing at a fast clip. Flipkart will continue to be a leading… Continue reading Flipkart won’t sell ebooks anymore.