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
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
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 Google Play store. It is the first e-commerce app in the country to achieve this feat, according to a Flipkart 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