It was always predicted. It was always on the cards. But it would come so soon - probably, no one had predicted. Anyways, out of the 200 or so eCommerce startups founded in India in 2012 - 100 so far have gone bust. Most of them finished (read burnt callously here) the amount of capital… Continue reading Indian eCommerce Bust – Why has it come so SOON?
UPDATED: Facebook stocks slide further and now at the lowest ever. Shares of the No. 1 social-networking company ended the day down $3.14, or 11.7%, to $23.70, which not only notched a new low but also marked a nearly 40% decline from the company's initial public offering price. (SOURCE) I had recently written a blog… Continue reading E-commerce in India – Flipkart in Trouble? (Startup Series: Episode 5)
The Indian e-Retailing scenario is expected to radically change soon. I must acknowledge - I love Myntra.com, Infibeam.com & Flipkart.com. Have spent hours and loads of cash on these sites - purchasing t-shirts, custom t-shirts, electronics - mobile accessories, printers, and innumerable books from these e-retailers in the recent past. But what happens when Amazon… Continue reading Amazon Entering India in 2012: What happens to smaller Indian e-Retailers?