Company News
How CEOs Work: Settled Comfortablyedit
The profiling, picked up from lifehacker.in, details how Urban Ladder co-founder Rajiv Srivatsa, works, his journey to building Urban Ladder and general information about how Rajiv spends his day.
Publication: ET Panache (Clip Attached)
Date: November 9, 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 (Clip Attached)
Date: November 7, 2017
Competition and Industry News
Amazon is coming after Ikea with its first furniture brands – and it’s one-upping the competition in one major wayedit
Amazon has launched two new furniture brands: Rivet and Stone & Beam. Rivet is a midcentury modern-inspired brand, and Stone & Beam is focused on family-friendly comfort and durability. Both brands ship for free.
Publication: Business Insider
Date: November 8, 2017
Flipkart eyes Pepperfry for strategic investmentedit
Flipkart has initiated talks with India’s top online furniture marketplace Pepperfry for a strategic investment, said four people familiar with the matter, as the ecommerce giant explores ways to diversify its business through acquisitions and investments.
Publication: ET Rise
Date: November 9, 2017
I tried the platform that is using Virtual Reality to help customers find affordable Interior designers in Indiaedit
When it comes to buying furniture, no one has the time to do it the old fashioned way, which required the customer to visit the store, browse through catalogues and then find a way to get it made through an interior designer or a retailer. Livspace which is trying to ‘democratize’ home design is trying to bring homeowners and designers and vendors on the same platform and work simultaneously to create better value for both.
Publication: Business Insider
Date: November 8, 2017