Company News
Comic book creator Anant Pai taught Ashish Goel the value of timeedit
Few know that Urban Ladder founder Ashish Goel was once in the business of selling comic books. Back in 2008, Goel was tasked with reviving popular children’s comic book brand AmarChitraKatha. Keen on learning how brands were built, Goel picked up a lot during that period, and says it was founder Anant Pai who made the greatest impression on him. “He was really unbelievable; he taught me wok ethics,” Goel recalls. “He would arrive at office every morning on time, not a minute late. If, on the rare occasion he was going to be slightly late, he would make sure to inform me before hand.”
Publication: Economic Times
Date: July 30, 2019
Ashish Goelurban ladderCompetition and Industry News
Don’t Bet Against Amazon in Indiaedit
Since entering India in 2013, Amazon has faced entrenched competition and restrictive government policies. Amazon has not achieved the domination in India as it has elsewhere, even with nearly $5 billion invested. Until now, Amazon and even its local competitor Flipkart (77 percent owned by Walmart) circumvented this rule by buying ownership in large local merchants, which then stocked Amazon’s and Flipkart’s products and sold them in the respective marketplaces. While Amazon owns nearly half of the products it sells worldwide, that share is zero in India.
Publication: Practical E-commerce
Date: July 30, 2019
AmazonAmazon rides on Indian Railways! E-commerce giant to transport goods on Sealdah and Mumbai Rajdhani trainsedit
The parcel business of Indian Railways is all set for a major boost with the national transporter roping in e-commerce giant Amazon to transport its goods by trains. The Indian Railways will give Amazon space in two of its premium trains namely, the Sealdah Rajdhani Express and the Mumbai Rajdhani Express for a period of one month. The duration of one month could be extended. The agreement states that the zones of Indian Railways will earmark a space of 2.5 tonnes in the parcel van of the trains for loading and unloading consignments of Amazon India and the remaining space of 1.5 tonnes will be for the national transporter.
Publication: Financial Express
Date: July 30, 2019
Amazon