Competition and Industry News
[Exclusive] Flipkart to launch 165 more categories in private label this year (and more)edit
In an exclusive chat with YourStory, Adarsh Menon, Head of Private Labels and Electronics at Flipkart, elaborated on the company’s plans for the year in private labels.
In furniture, they launched the private label ‘Perfect Homes’ because there is no trusted brand in the category. “So, we knew there was an opportunity to build a brand that consumers trust,” Adarsh explains. Perfect Homes has nine categories including bedsheets, dining tables, shoe racks etc.; the number will be 20 by March 2018.
Publication: Yourstory
Date: February 10, 2018
Startups say fine will end Google’s ‘stranglehold’edit
Indian entrepreneurs and investors expect the penalty imposed on search giant Google by the country’s competition regulator on Thursday to ease what they term as the American company’s stranglehold over local digital businesses.
Publication: The Economic Times
Date: February 10, 2018