Hita Gupta

Articles By Hita Gupta

172 Articles

Startup Goomo adopts omni channel approach to attract customers

Business or leisure trips, domestic or international tours, on the road for days or weeks—each form of travel requires assistance.

Goomo, Makemytrip, Yatra, Cleartrip, TripAdvisor, travel industry News

We are looking at Rs1,000-cr revenue from Unlimited this year: J Suresh, MD & CEO, Arvind Lifestyle Brand and Retail

With the entry of foreign brands like H&M and Zara, Arvind Lifestyle Brand and Retail is expanding its stores, especially of brands like Aeropostale and GAP, whose franchise it holds in the country

J Suresh, Arvind Lifestyle Brand and Retail, Jabong, Myntra News

PayU India CEO Amrish Rau: Wallet business may not work in India

PayU India CEO Amrish Rau in conversation with Hita Gupta explains the upside of Citrus acquisition and its plans in the credit-lending space.

PayU India, Amrish Rau, India, Wallet business News

Amazon infuses Rs 130 cr into Amazon Pay in India

Amazon has infused Rs 130 crore into Amazon Pay (India), the company's payment business arm in the country, according to a regulatory filing with registrar of companies. The investment was allotted on June 28, 2017 by Amazon

Industry News

GST impact on smartphones: Online party is over, mobile prices rise, gap with offline shrinks; iPhone 6 on Amazon priced at Rs 27,300 vs Rs 29,500 in stores

For consumers used to buying smartphones online at much cheaper rates than those prevailing in brick and mortar retail stores, the party is somewhat over.

gst impact on smartphones, smartphone india, smartphone rates, amazon, iphone india News

Grofers eyes monthly GMV run rate of Rs 100 cr, to bring 40,000 merchants under B2B

Online grocery firm Grofers, which has remodeled itself by switching to inventory from hyperlocal and launched B2B operations for additional revenue, has now around 8,500 merchants on board for the latter.

Grofers, Grofers news, Grofers app, Grofers india, Grofers merchants, online grocery firm, online grocery firm Grofers News

Amazon infuses Rs 1,680 crore into Indian ops

Amazon has infused Rs 1,680 crore ($250 million) into its Indian marketplace operation – Amazon Seller Services – according to a regulatory filing on Registrar of Companies (RoC).

amazon, amazon investment in india, amazon india investment, amazon indian marketplace operation News

GST implementation: Over 10,000 Chartered Accountants use ClearTax software to prepare tax returns for clients

Over 10,000 CA firms use the ClearTax software to prepare tax returns for their clients.

Economy News

Investors are putting the fun(ds) back into Indian e-commerce

After a downturn in 2016, when both investments and revenues were hard to come by, the India internet story seems to be looking up in 2017.

Industry News

Foodpanda India CEO Saurabh Kochhar: Plan to expand Dash to 10 cities soon

We already had an existing fleet to deliver food, so the launch of Dash just allows us to service more orders in the same locality, thus increasing efficiency. So, if earlier in a locality we were able to deliver 3-4 orders,

Foodpanda, Foodpanda India, Saurabh Kochhar, Foodpanda business plans, Foodpanda expansion plans, food retail, UberEats, customer acquisition, logistic partner for restaurants, restaurants in india News

Amazon, Flipkart, Shopclues rush to make sellers GST compliant

E-commerce vendors will have to pay the 1% TCS (tax collected at source) upfront but smaller vendors could be impacted negatively, as it may hold up their working capital against input tax credit.

amazon flipkart snapdeal which is best, Amazon, Flipkart, ShopClues, taxation, GST rollout News

Startup Stayabode offers higher rental yield to property owners

When we have started sharing cabs and workspaces as a cheaper and more efficient option, why can’t we do the same with residential spaces? The acceptance of a shared economy around the world was the driving thought when

stayabode, sharing cabs, sharing workspaces, cheaper residential places, cheaper residential areas, cheaper homes, buying new house, real estate agent, how to apply for home loans News

Housing.com, PropTiger to Magic Bricks, online real estate companies report huge losses

Internet-based real estate companies including Housing.com, PropTiger, MagicBricks, 99acres and CommonFloor collectively reported losses of Rs762 crore for the year ended March 31, 2016.

real estate online companies, Internet-based real estate, Housing.com, PropTiger, MagicBricks, 99acres, CommonFloor News

Omni-transport platform Tygr offers automation services to taxis, heavy vehicles

The omni-transport platform offers automation services to taxis as well as heavy vehicles used by enterprise clients for logistics and last-mile delivery

Ola, uber, Tygr, Tygr app, heavy vehicles, transportation business, omni transport app, Mumbai, India News

Flipkart beats Amazon, shoppers on e-commerce major biggest spenders in quarter

E-commerce major Flipkart clocked the largest number of shoppers spending more than Rs 5,000 among the top five e-tailing platforms with a 29% share during January-March 2017, according to a research report by RedSeer Consult

flipkart, amazon, biggest e commerce spender, biggest e commerce firm News

We expect losses to come down and look to be profitable this year: Kapil Bharati, CTO, Delhivery

Kapil Bharati, talks about the technological innovations and the assistance of Amazon Web Services that has helped the company to become more efficient and move closer to profitability.

Delhivery third party logistics firm, Flipkart, Paytm, eCommerce, eCommerce delivery, logistics firms, Amazon Web Services, Kapil Bharati, scaling up delivery business, technological innovations News

Jabong GMV grows 30%; combined value with Myntra at $1 bn in FY17

The gross merchandise value (GMV) at Jabong has risen 30%, post the merger with Myntra in July, 2016, according to Ananth Narayanan, CEO of Myntra and Jabong.

Jabong, Jabong GMV, Myntra, eCommerce, eCommerce industry in India, retail, online retailing, online website, online shopping websites, online shopping, EBITDA profitability, Ananth Narayanan News

Snapdeal founders Kunal Bahl, Rohit Bansal, and investor Nexus Ventures III plough in Rs 113 cr in e-commerce major

Jasper Infotech which operates e-commerce platform Snapdeal.com raised Rs 113 crore in March 31, 2017 from founders Kunal Bahl and Rohit Kumar Bansal and investor Nexus Ventures III

Snapdeal, online shopping, Snapdeal founders, Kunal Bahl, Rohit Bansal, Nexus Ventures III, snapdeal investment, nexus ventures invest in snapdeal, ecommerce, eretail, online retailing, SoftBank Group, Flipkart, online business News

Lurap offers customised style, trending designs and best fit experience for its customers

Consolidation led by the acquisition of Jabong in 2016 has not deterred the demand for vertically integrated companies or private labels in the fashion and lifestyle segment.

Jabong, vertically integrated companies, private labels, fashion and lifestyle segment, LoveUPApperance, Lurap, market, clothing News

Snapdeal sellers say have not been paid for months, AIOVA shoots off letter to corporate affairs ministry

Several sellers have not been paid by Snapdeal for months and fresh cases are also piling up.

Industry News

Cloud kitchens: CEO Rashmi Daga on why FreshMenu is better placed for deliveries than a food aggregator

Foodpanda, Swiggy and Zomato have become synonymous with online food orders but increased interest in cuisines from across the word has paved way for cloud kitchens such as FreshMenu, Innerchef and Twigly.

Industry News

‘Good morning India’ new mantra for ready-to-eat food industry

Instant breakfast segment grows hot, with companies offering a variety of Indian dishes that can be made in as less as 3 minutes

Industry News

Yepme.com losses narrow by 74% to Rs 48 cr; COO Sandeep Sharma says ‘plan is to increase number of offline stores’

Yepme.com, promoted by VAS Data Services, which is into fashion labels, narrowed its losses by 74% to Rs 48 crore in FY17. In FY16, the company's losses were at Rs 184 crore.

Yepme.com, Online retail, online shopping, fashion labels, Sandeep Sharma, demoentisation, TC Capital, Helion Venture Partners, Capricorn Investment Group and Brand Capital, Khazanah Nasional News

Boost for Ola, Vanguard marks up valuations in cab aggregator

Ola had raised funding in the range of $300-350 million, led by Japanese investor SoftBank at a downround of $3.5 billion, in February.

Boost for Ola, Ola, Ola cabs, ola news, ANI Technologies, Vanguard, cab aggregator, SoftBank, Flipkart News

Fashion e-retailer Craftsvilla to launch Anuswara, set to go omni-channel

Under offline expansion, the company will refrain from opening its own branded store but will be entering partnerships with modern retail stores such as Lifestyle and Shoppers Stop.

Industry News

E-commerce wholesale start-up Wydr offers sellers platform for their stores

Over the last decade, much of consumer spending has shifted from offline to online with e-commerce companies such as Flipkart and Amazon leading the way.

Industry News

Pepperfry CEO Ashish Shah says furniture studios in offline space to be launched soon under franchise model

Furniture e-tailer Pepperfry would soon launch its furniture studios in the offline space under the franchise model, Ashish Shah, founder and COO, Pepperfry told FE.

Industry News
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