Monday, 11 December 2017

Both an art and a science: 'Tis the season...for retail

As holiday shoppers venture out this festive season, we retailers will have a truly special Retail Day. In fact, since the advent of the internet, things have been pretty good. Read more here: Both an art and a science: ‘Tis the season…for retail
Read More Here: Both an art and a science: 'Tis the season...for retail

Catch me if you can: For ecommerce fraudsters it may be the end of the game

November 2017: Flipkart cheated off of Rs 17 lakh by a gang October 2017: Amazon conned to the tune of Rs 50 lakh in New Delhi May 2017: Amazon India cheated off of Rs 69.91 lakh in Bengaluru. Dec 2016: Flipkart duped of Rs 1.05 crore, 152 expensive mobile phones in Kota Read more here: Catch me if you can: For ecommerce fraudsters it may be the end of the game
Read More Here: Catch me if you can: For ecommerce fraudsters it may be the end of the game

Flipkart faces 30-minute technical glitch on website

BENGALURU: Flipkart seemed to face a technical glitch on Monday, with all products on its website and mobile app being listed as unavailable for about 30 minutes. Read more here: Flipkart faces 30-minute technical glitch on website
Read More Here: Flipkart faces 30-minute technical glitch on website

Flipkart faces 30-minute technical glitch on website

BENGALURU: Flipkart seemed to face a technical glitch on Monday, with all products on its website and mobile app being listed as unavailable for about 30 minutes. Read more here: Flipkart faces 30-minute technical glitch on website
Read More Here: Flipkart faces 30-minute technical glitch on website

PE/VC investments touch nearly $3 billion in November

Private equity and venture capital (PE/VC) investments touched $2.9 billion across 56 deals in November, driven by big ticket transactions and the momentum is likely to continue further…. Private equity and venture capital (PE/VC) investments touched $2. Read more here: PE/VC investments touch nearly $3 billion in November
Read More Here: PE/VC investments touch nearly $3 billion in November

Logistics company BlackBuck sees losses grow five times in FY17

BENGALURU: Logistics company BlackBuck has seen revenue grow seven-fold, while its losses also grew more than five times in the financial year 2016-17, in which the Tiger Global-backed company also said it reached operational break-even. Read more here: Logistics company BlackBuck sees losses grow five times in FY17
Read More Here: Logistics company BlackBuck sees losses grow five times in FY17

Lenskart sees FY17 sales climb 80% to Rs 179 crore

BENGALURU: Eyewear solutions company Lenskart clocked an 80% increase in total revenue during FY17 at Rs 179 crore as compared to almost Rs 100 crore last year, according to the company’s financials with the Ministry of Corporate Affairs (MCA), sourced through Tofler. Read more here: Lenskart sees FY17 sales climb 80% to Rs 179 crore
Read More Here: Lenskart sees FY17 sales climb 80% to Rs 179 crore

Expect roadblocks, but just chug along: Amit Jain, CarDekho

The tipping point for CarDekho came about a year after we launched in 2008 when we invested our surplus capital in the futures and options market. In 2009, the stock market crashed and the company went completely bankrupt. We lost all our money and didn’t even have money to pay employee salaries. Read more here: Expect roadblocks, but just chug along: Amit Jain, CarDekho
Read More Here: Expect roadblocks, but just chug along: Amit Jain, CarDekho

There is robust demand for quality Indian debt: Asit Bhatia, BofA-ML

The whole narrative around GST, demonetisation and bank recapitalisation has sent positive signals about India to investors globally, says Asit Bhatia , managing director, global corporate and investment banking at Bank of America Merrill Lynch . Read more here: There is robust demand for quality Indian debt: Asit Bhatia, BofA-ML
Read More Here: There is robust demand for quality Indian debt: Asit Bhatia, BofA-ML

Simility raises Rs 113-crore in Accel-led Series B round

BENGALURU: Simility, a provider of machine learning–powered adaptive fraud prevention solution, has secured $17.5 million (about Rs 112.6 crore) in Accel-led series-B funding to fuel its expansion plans. Read more here: Simility raises Rs 113-crore in Accel-led Series B round
Read More Here: Simility raises Rs 113-crore in Accel-led Series B round