Several news outlets have reported that, following performance reviews, Flipkart had asked 250–300 staff to resign this year. As is common practice in the business, around 1-2% of employees are let go each year as part of performance management. This round of layoffs affects about 2% of the workforce.
Cummins India, a power solutions provider, has stated that it sees a "good opportunity" in the data centre industry, which is experiencing a notable rise due to the adoption of AI and data localisation. With five production sites, assembly facilities, and distribution centres, Cummins India Ltd, a division
According to various media reports, Walmart-owned online retailer Flipkart has been given permission by the National Company Law Tribunal (NCLT) to move its headquarters from Singapore to India. This move brings the company one step closer to its eagerly awaited public listing on Indian exchanges. The Bengaluru-based online retailer has
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. With the marketplace proactively hopping onto the global bandwagon, companies strive for a comprehensive revolution in the industrial supply operations across the globe. Here's where Moglix enters the play as a B2B
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Every Indian citizen is aware of the e-commerce site called Flipkart. It is a company that has grown rapidly over time, worked its way to the top, and got attention from big names like Walmart, which acquired the company for a whopping $16 billion in 2018. Flipkart is the largest
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In recent years, Amazon has become a household name, whether it’s because of its unlimited options for selection, custom-made services, cheaper prices, customer services, or good quality search tool that helps in finding items of one’s choice. Amazon is a US-based multinational e-commerce company that focuses on e-commerce,
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An entrepreneur aspires to business ideas with low investments that are capable of churning massive revenue. He or she searches for every possible way to have the business run smoothly and increase revenue; i.e., profitability is the end goal. The young and dynamic individuals of today want to start
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When it comes to the Indian business arena, one simply cannot ignore Mr. Mukesh Ambani—the owner of Reliance Industries, and the wealthiest businessman in India. He has footprints in some of the most important sectors of the Indian economy such as refining, oil & gas, petrochemicals, telecom, retail, and
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Sustaining a startup is perhaps the most difficult phase for any entrepreneur. While everyone advocates entrepreneurship as a shortcut to mint money and get rich scheme, the uncertainty and constant pressure to perform is a huge responsibility even for the toughest of individuals. The team at StartupTalky decided to analyze
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In recent years, e-commerce has become a very important part of shopping worldwide. Like other industries, buying and selling products has changed a lot with the internet. Now, because of digital technology, people everywhere enjoy the benefits of online shopping. With over five billion people using the internet, more and
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India's mega unicorn, Bengaluru-based Flipkart, is about to list in the US market. Sachin Bansal and Binny Bansal, the founders of Flipkart, are former IIT Delhi graduates. They quit their lucrative positions at Amazon to pursue their startup dreams. As a result, in October 2007, Flipkart started its
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Well, things weren’t the same as a decade ago, right? From purchasing perishable goods from the marketplace to getting them online within an hour, we have adopted new things along with the changes happening around us. If you go back to the 1980s, we never thought that we could
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The content in this post has been approved by Alibaba. Trust issues are common. People often face challenges with e-commerce companies. But the question is, are the suppliers verified? People usually worry about prices too. But with Alibaba, this is not an issue. Everything available here is at factory prices
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As the world gears up through the prosperity and connectivity of Industry 4.0, e-commerce has had the best journey. The number of internet users is increasing tremendously by the day with more and more efforts to make people stay connected online and get things done virtually. With over 63%
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From Amazon to Pepperfry, the eCommerce industry thrives in India, especially in B2C eCommerce companies. In fact, India is ranked first in the fastest-growing eCommerce market globally, with an estimated market value of $16.6 trillion by 2022. B2C means business-to-consumer, which refers to the business model where the companies
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In eCommerce businesses, it is the quality of shipping service that the customers receive - that decides whether your business succeeds or fails. Whether you manage a tiny online store in your house or a large corporation, you will need shipping software to give a hassle-free post-purchase customer experience. It
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> The Article is contributed By Lucas Johnson, Associate Vice President, Zippo Global Marketing The ecommerce industry is constantly evolving, and this year has witnessed several interesting trends. More than ever, brands are creating and improving their ecommerce businesses to become accessible to customers wherever they are. An aftermath of
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The COVID-19 lockdown brought a dynamic shift in how consumers interact with businesses. Along with this, it saw a huge increase in digital adoption and more people are online than ever before. With e-payments in full swing, it gave online retailers the option to integrate their e-commerce platform with BNPL
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> How To Succeed In Affiliate Marketing? - By Saksham Khanda, Founder of Ink Revenue The internet has become more accessible to people around the world providing opportunities that never existed before. Entrepreneurs are able to make money by doing very little, while others struggle to get off the ground.
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In order to flourish in your industry, you have to build your communication skills as strong as possible, which will result in generating more leads and constructing effective marketing. As is the case, communication is considered the most promising key for directing a business and increasing your customer base. We
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The location of your business determines how much money you will save while running the business. Depending on the type of business you have, you need to figure out a number of things that directly impact your pocket. Analyzing the location that suits your business needs is one of the
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With a market cap of over $1 trillion, Amazon ranks first among the leading large-cap e-commerce companies worldwide. It has over 2.45 billion monthly visits to its app and website combined. It dominates the US e-commerce, i.e. 49.1% of the market. In the US, customers buy roughly
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If you are looking to start your own e-commerce business in India like Amazon or Flipkart, then this is the way to go. To start with, eCommerce is an online process of buying or selling goods and services. There is no paperwork involved in making any transaction here. One of
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Back then when people had not that great access to the internet, these reseller apps were not that productive at all. People had no idea about these apps and nothing productive was happening with them. But with the revolution of social media and the internet, reseller apps have come a