Presently in India, the buzz is about e-retailers such as Flipkart, Amazon.in, Snapdeal, Jabong, Infibeam and many more backed by funders who believe the sure shot route to making more money in the future is by making more losses right now. A few years back there was a similar buzz about airlines in the country….
Tag: Flipkart
India’s e-commerce jump
Indian e-commerce portal Flipkart recently announced it has clocked US$1 billion in sales. Others such as Snapdeal and Myntra are expected to follow. These figures maybe little compared when compared to Amazon or Ebay turnovers or Facebook’s valuation of whatsapp, yet they are significant milestones for a country such as India. For one, they underline…
Siddharth Srivastava 