Walmart infuses $1.2bn in Flipkart
Flipkart said the funding will help it supports its e-commerce marketplace as India emerges from the COVID-19 crisis.
India’s tech sector takes centre stage
The country’s technology and cyber space segment has seen a lot of activity in recent weeks. Samsung opens its biggest store in India Samsung Electronics Co Ltd opened its biggest mobile store in the world in India as it tries to take pole position in the world’s second-biggest smartphone market amid fierce competition from Chinese brands. The South Korean tech giant’s roughly 33,000 sq ft store in the southern tech hub of Bengaluru will help it extend its lead in [...]
Mobile handset market in India
Digital India in sync with Make in India will enable local innovation in the mobile phone market, writes a telecom analyst. Indian mobile phone demand was catalysed by the entry of international brands like Samsung and Nokia during 2006-2010. The market at the time was predominantly driven by feature phones. The scenario changed fast with the introduction of Android phones by international brands in 2009 and later by local brands since 2010. The advent of smartphones propelled mobile phone growth [...]
A VC’s guide to Indian ecommerce success
As a leading venture capitalist operating in the Indian arena, Kae Capital is well placed to offer some insights into how best to navigate the India’s booming ecommerce sector. If there is one sector that is impossible to keep away from the news, it must be ecommerce. For all the euphoria around the ubiquity of ecommerce today, not all of the news is particularly positive. Take the case of the Rocket Internet backed Jabong, reportedly unable to find buyers at [...]
Start-up India secures $9bn in investment in 2015
The Indian government’s agenda to create a more conducive ecosystem for startups gathered considerable momentum in 2015.