November 8, 2017
Stories

Company News

From Sales Cloud to AI backed smart Einstein: The Salesforce sagaedit

From believing and betting big on cloud computing to building Al powered smart Einstein solution Salesforce’s long journey has been phenomenal, not just in terms of technology innovation and setting trends but profitable as well

Citing examples of Philips and Schneider Electric, Paragaonkar points out that these companies are doing phenomenal innovation on the Salesforce platform globally. Likewise, he also points to some of Indian customers like Janlakshmi (Financial Services), HCL and Urban Ladder are also leveraging the platform to innovate things, connect to their customers and providing a great customer experience.

Publication: ETCIO

Date: November 8, 2017

Flipkart’s zugzwang momentedit

Flush with a $4 billion warchest, Flipkart seems to have been endowed with a “curse of capital” forcing the company to attempt initiatives that are more likely to leave it weaker than stronger. There have been a number of articles in the press about Flipkart in the last few weeks, and most of them have followed this pattern:

“Flipkart in talks to pick up a stake in BookMyShow”

“Flipkart eyes more acquisitions, in talks with Swiggy…

…and UrbanClap…

…and UrbanLadder…

…and Zomato”

Notice anything curious?

Publication: The Ken (Clip attached)

Date: November 8, 2017

Startups Stood Upedit

Demonetisation pushed the informal sector into the formal economy and acquainted it with digital payment options. Mobile wallets, for instance, laughed their way to the bank

A quote by Ashish Goel has been included in the story. The quote is, “The quarter following demonetisation saw our biggest financial low but as always, we managed to turn that into an opportunity to innovate and restrategise. Going forward, our omni channel strategy will help in safeguarding us against such economic anomalies. We’ve just had one of the best quarters as a company and so in the long run, demonetisation has worked in our favour.”

Publication: Businessworld

Date: November 7, 2017

Urban Ladder to expand its retail presence to 10 stores by March 2018edit

Armed with the single brand retail licence, online furniture and home décor brand, Urban Ladder is all set to close fiscal 2018 with 10 retail stores, all of them in its home ground, Bengaluru, a top executive told BusinessLine.

Multiples quotes by Ajit Joshi are included in the article.

Publication: The Hindu Business Line (Clip Attached)

Date: November 7, 2017

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