The mobile handset, for most Indians is the primary, and most often, the sole means of accessing Internet. As a nation, India leapfrogged into the digital economy by embracing the mobile phone. In fact, no other nation has embraced mobile the way India has. Mobile phones have opened a new world of possibilities to Indians …
Pandemic? Small-town India set to drive record festive sales
While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the Aspirational India — riding on the pent-up demand and discretionary income — is all set to embark on a record online festive sale journey that begins this week. E-commerce marketplaces Amazon, Flipkart and Snapdeal …
Instead of ”garlands”, India welcomes Bezos with anti-trust probe
Amazon India must have had anticipated nationwide protests from industry bodies like the Confederation of All India Traders (CAIT) as Jeff Bezos arrives in India for a three-day visit but the sudden anti-trust probe by the Competition Commission of India (CCI) over deep discounting and preferential listings on both Amazon and Flipkart has come as …
E-tailers jump bandwagon with Black Friday sale
Like all things American, Black Friday sale madness that began after Thanksgiving Thursday took over the Indian shoppers as several online players as well as offline stores on Friday jumped on the bandwagon to boost sales and add new customers in the festive season. From Amazon to H&M, the Black Friday Sale offers flooded people’s …
Smartphones beat slowdown as sales up 10%; Xiaomi tops Indian market
Raghu Reddy, head of categories and online sales for India’s leading smartphone company Xiaomi, is unfazed by the slowdown that has gripped the consumer goods market. His confidence is not unfounded. Smartphone shipments grew by 10 per cent during the April-June quarter to reach 37 million units, the highest for the quarter. June quarter growth is traditionally …
Why is Reliance Jio acquiring Haptik?
Reliance Jio is reportedly planning to acquire Haptik, India’s homegrown Conversational AI platforms, in a deal worth >US $29M. What does the Haptik acquisition portend for Reliance? How does this acquisition sit within the string of recent acquisitions by the company? What does Reliance’s moves imply for India’s e-commerce future? First, the backstory. Haptik …