E-tailers achieved a record $3 billion (Rs 19,000 crore) gross merchandise value (GMV) for six days of the festive sales event conducted between September 29 and October 4, 2019. This surge came despite challenging macro conditions, said RedSeer, a consulting firm focused on internet businesses in India and Asia. The year-on-year growth during the sale event was 30 per cent, with a significant chunk coming from tier-2 cities.The biggest theme for the festive season was ‘value shopping’ as indicated by a large portion of customers hailing from smaller cities and towns who shopped online, owing to wide selection supported by affordability initiatives.

Publication : Business Standard

Date : October 09, 2019

Equity funding, venture capital or VC funding come in to a business against company shares and don’t require repayment, loans or debt funds are provided against company bonds and need to be repaid along with interest. The major difference here is that equity fund investors look for returns from investment and company equities entitle them with the power of interfering in business decisions to secure returns; loans, on the other hand, require repayment and interest payment only and the entrepreneur retains autonomy over his own business.

Publication : Inc.42

Date : October 08, 2019

Amid the economic slowdown across sectors in India, venture capital (VC) funding has remained a stable source of money to nurture startups. Entrepreneurs tend to rely on VC funding as they come with the funds necessary to grow and succeed, even if it means parting with a chunk of the company equity. Moreover, the guidance, mentorship, expertise and sometimes infrastructural support that comes along with a VC deal help greatly the growth, scale-up and expansion in the desired space within a short time. Moreover, the guidance, mentorship, expertise and sometimes infrastructural support that comes along with a VC.

Publication: Inc.42

Date : October 07, 2019