An offshoot of the high-street fashion label, H&M Home sells products such as cushion covers, blankets, curtains and accessories. “We are looking at the home segment and it will be decoration products and not furniture. There are not many players in that category and the product range doesn’t change for years. In the organised sector, our strength will be the latest assortment,” said H&M’s India chief executive Janne Einola.

Publication : The Economic Times

Date : May 23, 2019

India’s antitrust watchdog is assessing the domestic e-commerce sector, a step that could have consequences for Amazon.com Inc. and Walmart Inc.’s Flipkart, which dominate online sales in the country. In a questionnaire dated May 17, the Competition Commission of India says it is seeking to understand the evolution of the e-commerce industry, the sector’s methods and strategies, business practices and “implications for competition,” according to a copy reviewed by The Wall Street Journal. Ernst & Young is conducting the study, according to the 14-page document, which is marked confidential.

Publication : Business Standard

Date : May 22, 2019

Airports are the new busy transit points and what better way to experience the product directly by the consumer. They thought of replacing the plain brown curtains at the ladies frisking booth with real Ikea curtains. Now, this is a spot every lady must go through when in the airport and is also visible from the men’s security zone. Hyderabad Airport welcomed the initiative and brought in all necessary approvals after a few rounds of discussion.

Publication : Best Media Info

Date : May 22, 2019

Look around and we find ourselves flooded with success stories of Indian startups. Either they have managed to raise growth or late-stage funding or have managed to successfully debut on the stock market. If startups are not raising funds, we are inundated with stories about the successful rounds of funds being raised by venture capitalists. But with the recent spate of big-ticket acquisitions in the Indian e-commerce sector like Flipkart’s acquisition by Walmart, many have started wondering, who were the early stage investors in these firms and what made them back these startups?

Publication : Inc42

Date : May 22, 2019