October 16, 2017

Company News

Consumer Brand Startups Take the Lead in The Smart CEO Startup50 List 2017edit

Evaluated by a Jury comprising some of India’s most respected entrepreneurs & investors, the 2017 Startup50 List features some of the best companies from across diverse sectors such as Enterprise Tech, Financial Services & Fintech, Healthcare, Preventive Health & Digital Health, Consumer Brand & Consumer Tech, Agritech& Agriculture and Social Impact. Each of these 50 companies have built wonderful businesses with long-term potential, robust financials and solid VC-backing

Publication: City Air News

Date: October 16, 2017

Light entertainment: Here are the trends for this year’s festival of lights!edit

Purple food to paneer-stuffed jalebis, cube flooring designs to vertical gardens, cryotherapy to holographic makeup, inverted gemstones to retro hats—here are trends for this festival of lamps

Publication: The Sunday Standard ; Print Coverage: Attached

Date: October 15, 2017

Online players open shops, offline stores go online, so who is winning the battle of Indian furnishings?edit

According to industry estimates, only 10% of the approximately Rs 120,000 crore furniture market is organised. The market for home and small office furnishing is estimated to be Rs 75,000 crores.

Publication: ET Retail

Date: October 15, 2017

Global Home Decor Market 2017 – Urban Ladder, Jabong, Flipkart, Inc, Snapdeal, Ashley Furniture Industries, Style Spa, Mebelkartedit

The Report entitled Global Home Decor Market2017 analyses the important factors of the Home Decor market based on present industry situations, market demands, business strategies utilized by Home Decor market players and their growth synopsis. This report divides the Home Decor market based on the key players, Type (Furniture, Textiles, Floor Coverings ), Application (Household, Commercial ) and Regions. High Use of Home Decor in Consumer Goods Industry Driving the Market Growth of Home Decor.

Publication: The News Columnist

Date: October 14, 2017

Online players open shops, offline stores go online, so who is winning the battle of Indian furnishings?edit

According to industry estimates, only 10% of the approximately Rs 120,000 crore furniture market is organised. The market for home and small office furnishing is estimated to be Rs 75,000 crores.

Publication: The Economic Times

Date: October 14, 2017

Flipkart mobile app reaches 100 million downloads milestoneedit

Online retailer Flipkart‘s mobile application crossed the 100 million downloads milestone on Google Play store, making it the first online shopping app in the country to accomplish this feat, said the company on Friday. While the experience is consistent across desktop and mobile, 90% of the traffic comes from the Android app, and the remaining 10% from the desktop website.

Publication: ET Retail

Date: October 14, 2017

Competition and Industry News

Sweden India explore furthering business relationsedit
Sweden and India have explored further strengthening of bilateral business development, especially under the ‘Make in India’ initiative.

Ann Linde, Minister for Foreign Trade and European Union Affairs, highlighted the importance of investment protection, opportunities of investing in the workforce and increased potential of women in workforce during a meeting between business groups from the two countries.

Publication: Foreign Investors on India

Date: October 16, 2017

 

Revealed: How after 30 years, Ikea is undergoing a radical overhauledit

When IKEA first opened its doors in the UK 30 years ago, it made the mistake of assuming that everyone lived like Scandinavians.

But while many of us have now wholeheartedly embraced the clean lines of “Scandi” design, there was less enthusiasm in 1987 for the Swedish approach to sharing a bed.

Publication: Yahoo Finance

Date: October 16, 2017

Sale in retail stores hit as more takers for better offers onlineedit

The sheer number of offers and discountsavailable on e-commerce websites on almost every item over the past few weeks seems to be taking a toll on the business of retail stores in the city.

Publication: Times Of India

Date: October 15, 2017

Flipkart app crosses 100 million downloads mark on Google Play Storeedit

Online retailer Flipkart’s mobile application crossed 100 million downloads on  It is the first e-commerce app in the country to achieve this feat, according to a release. With the Indian smartphone user base currently at more than 300 million (a vast majority of which run on Google Android OS), Flipkart’s app is now present in nearly a third of all smartphones in the country, the company said in a statement.

Publication: Business Standard

Date: October 15, 2017

Furlenco uses a mix of functional and fun content to turn millennials into renters for lifeedit

Furlenco has big ambitions. In typical startup speak, a la the ‘Uber of X’, the Bengaluru-based furniture rental company wants to be the Netflix/Airbnb/ Hotstar of furniture. Not too unrealistic a goal considering it’s already one of the better funded startups in the still nascent space of furniture rentals. Furlenco, which used to go by the name Rent Your Dunia (which doesn’t exactly scream unicorn potential according to founder Ajith Karimpana) raised $30 million in a series B funding round la ..

Publication: ET Rise

Date: October 15, 2017

Flipkart mobile app reached 100 million downloads milestoneedit

Online retailer Flipkart’s mobile application crossed the 100 million downloads milestone on Google Play store, making it the first online shopping app in the country to accomplish this feat, said the company on Friday. While the experience is consistent across desktop and mobile, 90% of the traffic comes from the Android app, and the remaining 10% from the desktop website.

Publication: The Economic Times

Date: October 14, 2017

Pepperfry Launches Its First Franchise Studio in Bengaluruedit

Pepperfry.com, Furniture and Home marketplace announced the launch of its first franchise Studio in Bengaluru. In the last 3 years Pepperfry has been rapidly grown its omni channel network across the country through 22 Pepperfry owned Studio’s in 11 cities with plans to expand this network to 20 cities by 2018. The first franchise launch in Bengaluru marks the second phase of Pepperfry’s strategy to build the largest omni channel business in the furniture and home segment.

Publication: BW Disrupt

Date: October 14, 2017

A home that both adults and children will loveedit

It’s a constant battle for a family, between having a home that reflects one’s tastes and making a compromise to accommodate a child’s safety and comfort. When adults and children share a home, it calls for intelligent space design that is both functional and aesthetically stimulating, says Shagufta Anurag, chief design evangelist at Livspace.com. She lists out how you can manage the two intelligently:

Publication: Femina online

Date: October 15, 2017

Swedish Brand Ikea Launches Modern, Affordable Pet Lineedit

Ikea just unveiled a new line – and it has to do more with our four-legged friend then assembling another impossible dresser.

Publication: Entrepreneur India

Date: October 15, 2017

Living, Working, and Staying Married in Under 420 Square Feetedit

Maybe renting an apartment sight unseen isn’t the wisest decision a person could make. But when you’re moving across state lines and you uncover a one-bedroom in a major city for under $1,000 a month—even if it is just $5 under—you do it. You rent sight unseen.

Publication: Architectural Digest

Date: October 14, 2017

5 Hacks to Make Your IKEA Kitchen Look Totally Customedit

If we didn’t tell you that Noam Dvir and Daniel Rauchwerger’s kitchen was from IKEA, we bet you never would’ve guessed as much. That’s not by accident, of course. The couple, both of whom work at architecture firm OMA, hacked the cabinets and countertops in pretty much every way possible to make sure the brand isn’t the first thing that pops into your head upon seeing the gallery space in their New York City apartment.

Publication: Architectural Digest

Date: October 14, 2017

Godrej Interio to open 9 India Circus stores in 2 yearsedit

Godrej Interio, the furniture arm of Godrej & Boyce Mfg Co. Ltd, will open nine stores of India Circus, the home store run by designer Krsnaa Mehta, a top executive said on Friday.

Publication: Mint

Date: October 16, 2017

 

If someone is doing something well, don’t be afraid to copy it and do it better: Pepperfry’s Kashyap Vadapalliedit

I started off in an FMCG company — Cadbury — which had done a lot of path-breaking marketing. They had a lot of conventions, that I for the most part, tried to follow: how you are supposed to conduct research, develop films etc. That’s something I’ve put aside as I moved from marketing into software sales and back into marketing. Instead, you need to understand who the customer is and what you want to tell them. The opportunity to put that in play has come with Pepperfry. We very closely follow  ..

Publication: The Economic Times

Date: October 14, 2017

Pepperfry Launches its First Franchise Studio in Bengaluruedit

Pepperfry.com, India’s No.1 Furniture and Home marketplace announced the launch of its first franchise Studio in Bengaluru. In the last 3 years Pepperfry has been rapidly grown its omni-channel network across the country through 22 Pepperfry owned Studios in 11 cities with plans to expand this network to 20 cities by 2018. The first franchise launch in Bengaluru marks the second phase of Pepperfry’s strategy to build the largest omni-channel business in the furniture and home segment.

Publication: Andhra News

Date: October 14, 2017

Fast Five with Stephen Burksedit

When Stephen Burks travels, he observes the life of common people. He tries to capture and learn what local artists have to offer and goes back home with a bag full of learnings.

Burks is one of the most recognized American industrial designers of his generation. With his collaboration with non-profits Aid To Artisans, Artesanias de Colombia, the Clinton Global Initiative, Design Network Africa and the Nature Conservancy, Burks has worked as a product development consultant in countries such as Australia, Colombia, Ghana, Haiti, India, Kenya, Mexico, Peru, the Philippines, Rwanda, South Africa and Senegal.

Publication: ET Brand Equity

Date: October 14, 2017

Pepperfry Launches its First Franchise Studio in Bengaluru Aims to spread the studio network across 20 cities in Indiaedit

Pepperfry.com, India’s No.1 Furniture and Home marketplace announced the launch of its first franchise Studio in Bengaluru in partnership with P K Ramesh, Nagendra Kaushik and A R Ramaprasad, Partners, Prakruthi Enterprises.

Publication: Express News

Date: October 14, 2017

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