Company News
Flush with funds again, India’s startup scene is buzzing with acquisition rumoursedit
As cash returns to India’s startup sector, so have the rumours of impending mergers and acquisitions.
Emails to Flipkart, Paytm, Urbanclap, Swiggy, BigBasket, Nearbuy, and Little did not elicit responses. Pepperfry and Amazon India said they do not respond to rumours and speculations. “There is absolutely no truth to this rumour. There is no such deal or talks in the works,” Urban Ladder said about the Mint report.
Publication: Quartz
Date: November 14, 2017
Competition and Industry News
Flipkart’s second coming in private labels rides on its customer learningsedit
That’s not all – the company has private labels in fashion, home and kitchen categories, furniture and accessories and electronics. That is much like Amazon, which is aggressively pushing its private labels.
…This is important especially with large appliances and furniture. If it’s a minor repair, a handyman from Jeeves, Flipkart’s product repair, and after-sales customer service capability arm, will fix the product at your home.
Publication: Factor Daily
Date: November 15, 2017
‘Project Disha’ making a difference to the lives of two lakh underprivileged women in India: UNDPedit
‘Project Disha’ was started by UNDP and India Development Foundation (IDF) with the support of IKEA Foundation to improve lives of 1 million women by providing them the opportunity to get a job or become an entrepreneur.
Publication: Business Today
Date: November 14, 2017
By Investing In Women We Are Investing In Future Opportunities For Their Children: Vandana Verma Ikea foundationedit
Asia’s largest women entrepreneurship and economic empowerment platform ‘ThinkBig 2017’ in its fifth edition, was held in Gurugram. The summit is aimed to connect Indian and global corporations with medium and small businesses for future trade and collaboration.
Publication: Businessworld
Date: November 14, 2017