Wednesday, April 27, 2016

April 27, 2016 - PepperTap's shutdown questions the viability of e-grocery business in India

View online   Advertise
             Unsubscribe from TradeBriefs Daily



Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Cafe bars are the grown-up versions of coffee shops. As the youth evolve, they are looking for experiences beyond your typical Cafe Coffee Day. Cafe bars like 'Social' or 'Mockingbird Cafe' fill this niche, with both better food and ambience. They also encourage you to hang out, with free wifi and other goodies. By keeping pricing reasonable, they attract a larger client base. All-day dining and a lounge experience at night keep them occupied longer hours, increasing revenue. While the cafe bar will not be as ubiquitous (higher set-up costs) as coffee shops, India might just be ready to see more of this new format - Comment


Digital
PepperTap’s shutdown questions the viability of e-grocery business in India
India's third-largest e-grocer PepperTap shutting shop reveals the challenge of running a tech startup, expanding aggressively and managing customer expectations as discounts recede with longer path to profitability. It also shines some light on the complexities related to the grocery vertical and throws some takeaways.


Advt: SELL 24X7 on ShopClues
ShopClues
Grow your Business with ShopClues. Join Us & Sell to over 2 Crore Customers.

 


Digital
Digital payment startup TranServ raises $15 million from IDFC fund, Micromax
Digital payments firm TranServ Pvt Ltd has raised $15 million (Rs 100 crore) in its Series C round of investment led by venture capital fund IDFC SPICE and consumer electronics maker Micromax Informatics Ltd. Existing investors Nirvana Venture Advisors and Faering Capital India Evolving Fund also participated in this round, the company said in a statement. IDFC SPICE is part of IDFC Asset Management Company. TranServ, which was founded in 2011, said it will use the funds to grow its business and invest in new products including micro credit.


Digital
Snapdeal hires former HUL exec Kanika Kalra as VP-Marketing
Snapdeal hires former HUL exec  Kanika Kalra as VP-Marketing
At Snapdeal, she will focus on making the business more customer-centric and ensuring creativity and impact in all communication.


Announcing the Bengaluru edition of Techcircle Startup 2016; registrations open now

The Bengaluru edition of Techcircle Startup will provide a comprehensive insight on the startup ecosystem in and around Bengaluru bringing together cutting-edge and disruptive early-stage startups, current and potential investors, angels, seed funds, incubators, accelerators & mentors, along with many of India’s most active VC/PE funds.

Digital
Yatra to allow users book Ola, Uber on its platform
Yatra to allow users book Ola,  Uber on its platform
Online travel agency Yatra.com will now allow users to book cabs from aggregators such as Ola and Uber through its mobile app, as it looks to provide more services to travellers that can add to its revenue. The app will also allow booking of outstation cabs and hiring self-drive cars, Gurgaon


Digital
Amazon launches express service to woo vendors amid India regulations worry
Vendors are the lifeblood of ecommerce marketplaces in India. In the sea of sameness in products, it is the quality and number of vendors that eventually differentiates Flipkart, Amazon, and Snapdeal from one another.

 


Digital
Job portal Monster India to use database to crowdsource funds for startups
Job portal  Monster India to use database to crowdsource funds for startups
The platform has more than 40,000 job seekers registered as well as 150 startups across sectors such as IT, FMCG, manufacturing and e-commerce among others.


Retail
Thrifty Indian startups eye local talent
Thrifty Indian startups eye  local talent - Economic Times
Gone are the days when bigger e-commerce players would hire vice presidents for Rs 1-1.5 crore plus stock options that would be worth another Rs 1 crore a year.

Retail
Patanjali's turnover growth at 150%, Ramdev targets Rs 10000 crore revenue
Patanjali's  turnover growth at 150%, Ramdev targets Rs 10000 crore revenue - Hindustan Times
Patanjali's turnover growth at 150%, Ramdev targets Rs 10000 crore reve...Patanjali sells its products though about 5000 distributors, 10,000 health centers, 100 mega stores, besides through the retail market where it has tie ups with Fortune group and Reliance retail. It employs more than 15,000 people.

Retail
Special panel to take Up Xiaomi's case first for domestic sourcing relief
Special panel  to take Up Xiaomi's case first for domestic sourcing relief - Economic Times
Up to 49% FDI is allowed through the automatic route and above that with the approval of the Foreign Investment Promotion Board.

Retail
Snapdeal to make it mandatory for logistics partners to integrate with its technology platform
Snapdeal to make it mandatory  for logistics partners to integrate with its technology platform - Economic Times
Snapdeal is building a plug-and-play online platform to facilitate integration and cut down dependence on manual procedures.


Telecom
India's 4G newcomer Reliance Jio reveals takeup; plans to invest $9B
India's 4G  newcomer Reliance Jio reveals takeup; plans to invest $9B - Mobile World Live
Bharti Airtel, Idea Cellular and Reliance Communications are seen reporting flattish voice revenue and sluggish data volumes growth in the January-Mar..


Telecom
Airtel seeks telecom watchdog's permission before video content deal
Airtel seeks  telecom watchdog's permission before video content deal - Techradar India
Trying to avoid any controversy on net neutrality, Bharti Airtel on Monday has written to the telecom regulator seeking its permission for a deal the company


Telecom
Every Phone Sold in India Will Soon Have a Panic Button For Women's Safety
Every Phone  Sold in India Will Soon Have a Panic Button For Women's Safety - Gizmodo
Mobile phones in India must include a panic-button from the start of next year and satellite-based location technology from 2018, as officials try to make the nation safer for women.


Telecom
Ericsson fails India patent bid for mobile altitude determination
Ericsson fails  India patent bid for mobile altitude determination - Financial Express
Swedish major Telefonaktiebolaget LM Ericsson (Ericsson), one of the world’s largest wireless telecom-equipment provider, has been denied an Indian patent for an 'invention' that defines altitude determination method in a cellular communication system.



Finance
DBS taps digital platform to grow retail banking operations
DBS taps digital platform to  grow retail banking operations - Livemint
DBS launched a “mobile-only bank” and said it aims to garner 5 million customers and a deposit base of Rs50,000 crore over the next five years


Finance
Cairn India: waiting for higher crude oil prices
Cairn India: waiting for higher  crude oil prices - Livemint
News on the production front is not encouraging. Cairn India’s average daily working interest (share in various fields) production declined 5% year-on-year last quarter


Finance
Standard Chartered profit rebound lifts shares as loan losses slow
Standard Chartered profit  rebound lifts shares as loan losses slow - Livemint
CEO Bill Winters brought in a new management team and is seeking to restructure or exit $100 bn of risky assets to turn around the Asia-focused lender


Finance
Foreigners sell most India debt in a month as yield benefit ebbs
Foreigners sell most India debt  in a month as yield benefit ebbs - Livemint
Foreign holdings of Indian govt and corporate securities dropped by Rs1,590 crore on Monday, the most since 29 March




Software
Mobile phone companies oppose 'panic button' move due to cost increases
Mobile phone  companies oppose 'panic button' move due to cost increases - Economic Times
The additional cost would wipe out entry-level feature phone segment and take away basic connectivity from millions of consumers, handset makers said.


Software
Will Apple cede market share to Samsung because of uninteresting iPhone 7?
Will Apple cede  market share to Samsung because of uninteresting iPhone 7?
Noted analyst Ming-Chi Kuo of KGI Securities continues to have a bearish outlook on iPhone sales through the end of 2016, telling investors on Sunday that he believes Apple will be the only top-five smartphone vendor to see shipments decline this year.


Software


Ecommerce
Alibaba spin-off Ant Financial gets $4.5b funding as China's payments war escalates
Alibaba spin-off Ant Financial gets $4.5b funding as China's payments war escalatesTech in AsiaAlibaba spin-off company Ant Financial, which runs China's top mobile payments app, today revealed it has secured a gargantuan US$4.5 billion in series B funding. The investment amount is substantial even at a time ... It can be used for online

Ecommerce
Snapdeal names former Hindustan Unilever senior executive Kanika Kalra as its vice president for Marketing
Snapdeal names former Hindustan  Unilever senior executive Kanika Kalra as its vice president for Marketing - Economic Times
Snapdeal, the country's largest online marketplace, has named for Hindustan Unilever senior executive Kanika Kalra as its vice president for Marketing.

Ecommerce
Job portal Monster to use its database to crowd source funds for entrepreneurial ventures with an aim to further boost the startup ecosystem in the country
Job portal Monster to use its  database to crowd source funds for entrepreneurial ventures with an aim to further boost the startup ecosystem in the country - Economic Times
The platform has more than 40,000 job seekers registered as well as 150 startups across sectors such as IT, FMCG, manufacturing and e-commerce among others.

Ecommerce
Furniture maker Housefull International demandeds Rs 150 crore from Mebelkart for allegedly defaulting on payments and selling imitations
Furniture maker Housefull  International demandeds Rs 150 crore from Mebelkart for allegedly defaulting on payments and selling imitations - Economic Times
Mumbai-based Housefull said it stopped selling its furniture on Mebelkart in February after the digital marketplace failed to clear dues of up to Rs 28 lakh.



HR
U.S. Businesses Looking to Expand Overseas Can Now Grow with Seamless Access to Both HR and International Business
Radius and TriNet forge alliance to offer growing SMBs international accounting, finance, banking, tax, HR, legal and compliance support.


HR
Which hotel chain has the most diverse work force?
Which hotel chain has the most  diverse work force? - CNN
Hyatt is routinely ranked as one of the best workplaces in the world. What's its secret?


HR
Rajasthan govt to recruit 12935 senior teachers
Rajasthan govt to recruit 12935  senior teachers - India Today
Rajasthan govt to recruit 12,935 senior teachers


HR
Ujjivan looks to hire 2000 people for small finance bank foray
Ujjivan looks to hire 2000  people for small finance bank foray - Economic Times
The micro lender with 11% market share is in the process of transforming itself into a small finance bank, which will give the lender access to low cost deposits.



Logistics
Government rules out stake sale in Air India
Government rules out stake sale  in Air India - International Business Times, India Edition
In a written reply to Parliament, Minister of State for Civil Aviation Mahesh Sharma denied moves to sell stake in Air India, reports PTI.


Logistics
India Railways to promote 'Anti-tobacco campaign' from this week till sep 2016, images and messages to flood eyespace
India Railways to promote  'Anti-tobacco campaign' from this week till sep 2016, images and messages to flood eyespace - Times of India
The outdoor campaign will show images and messages highlighting the harmful effects of smokeless tobacco


Logistics
Indian Railways: Missed call service launched for local train updates in Mumbai
Indian  Railways: Missed call service launched for local train updates in Mumbai - Financial Express
In a bid to reduce commuter woes keep its suburban passengers informed about delays and disruptions, the Western Railway has launched a unique service through which commuters would be able to know the running status of local trains from simply giving a missed call.


Logistics
Air India expects 'modest operating profit' in FY16: Mahesh Sharma
Air India  expects 'modest operating profit' in FY16: Mahesh Sharma - Economic Times
Air India is expecting some cheerful news in the coming days with the government on Tuesday saying that the national carrier is likely to post a 'modest operating profit' in 2015-16 after a string of loss making years.



Construction
DHFL to seek board's approval for raising up to Rs 6,300 crore
DHFL to seek board's approval  for raising up to Rs 6,300 crore - ET Realty
The company had passed a special resolution at its Annual General Meeting, which was held on July 23, to consider upon the said proposals


Construction
Vadodara civic body shortlists consultants for Smart City
Vadodara civic body shortlists  consultants for Smart City - ET Realty
The VMC that had missed the bus in the first lot of 20 cities to be developed as smart cities, has begun the process from the scratch again


Construction
Nagpur civic body, builders force citizens to pay 5-6 times higher water tariff
Nagpur civic  body, builders force citizens to pay 5-6 times higher water tariff - ET Realty
Taking advantage of NMC’s wrong policy, builders are obtaining water connection from NMC’s private water operator OCW and then giving possession o..


Construction
HDFC Realty, SBI Capital are appointed by SEBI to sell off Sahara group properties
HDFC Realty,  SBI Capital are appointed by SEBI to sell off Sahara group properties - ET Realty
The list does not include Aamby Valley and Sahara properties in Vasai



Marketing
Do images on condom packets violate law? : Supreme Court wants to know
Do images on  condom packets violate law? : Supreme Court wants to know - The Indian Express
In February, the bench asked the government and the Central Board of Film Certification to clarify their stand regarding ads on packets of condoms and contraceptives.


Marketing
Flipkart's size allows it to leverage economies of scale scope : Sumanth Raghavendra
Flipkart's size allows it to  leverage economies of scale scope : Sumanth Raghavendra - Medianama
By Sumanth Raghavendra The Indian startup world was abuzz yesterday about a blog post by Haresh Chawla outlining what he saw as problems with Flipkart proffering advice on how it could “save” itself. The post was entertaining — using the literary device of re-purposing quotes from “Saving Pri


Marketing
Clickbait Publishers, Your Time Is Almost Over On Facebook : Report
Clickbait Publishers, Your Time  Is Almost Over On Facebook : Report - Lighthouse insights
Facebook and its News Feed changes are never ending. But this time it is for the good of users, publishers and Facebook. Over the last couple of years Facebook has been a dumping ground for clickba…


Marketing
3 trends for brands to do more with marketing automation
Marketing automation can be a huge help to brands, but it isn't the immediate cure-all for advertising problems. One expert offers three ways businesses can do more and do better with marketing automation.



Politics
Sonia Gandhi ‘driving force’ behind Agusta Westland scam? Parliament storm on the cards
Sonia Gandhi ‘driving force’ behind  Agusta Westland scam? Parliament storm on the cards
The BJP is presently working on a plan to initiate a debate on the Agusta Westland chopper deal in Parliament, NDTV reported.


Politics
Maharashtra dams built for sugar industries, not farmers: Radha Mohan Singh
Maharashtra dams built for sugar industries, not  farmers: Radha Mohan Singh
Responding to a question in Lok Sabha Minister Radha Mohan Singh alleged that dams were built in Maharashtra to serve sugar industry and not the farmers.


Politics
BJP and Cong spreading canards about me: Mamata hits back at Modi and Sonia
BJP and Cong spreading canards about me: Mamata hits back  at Modi and Sonia
On Tuesday Trinamool Congress chief Mamata Banerjee blasted Prime Minister Narendra Modi and Congress President Sonia Gandhi for spreading "canards" about her and said it was fear of her which drove the Congress and CPI-M to forge an alliance.


Politics
Gujarat Government Mandates PhD Students To Pick State's Schemes As Thesis Topics
Gujarat Government Mandates PhD Students To Pick State's  Schemes As Thesis Topics
The Gujarat government is probably planning to turn all its PhD students into researchers for the state administration. In a first, the state government has sent a list of 82 topics to Universitie



Sports
IPL 2016, SRH vs RPS: Rising Pune Supergiants rise from four-match slumber
IPL 2016, SRH vs RPS: Rising Pune Supergiants rise from  four-match slumber
Pune’s bowlers play havoc after rain as they restrict Hyderabad to a below-par 118 to set up a 34-run victory (via D-L method).


Sports
Manchester City waste golden opportunity against Ronaldo-less Real Madrid
Manchester City waste golden opportunity against Ronaldo-less Real Madrid
Manchester City waste golden opportunity against Ronaldo-less Real Madrid


Sports
Kaushal Silva given 'clean bill of health' after blow to head
Kaushal Silva given 'clean bill of health' after blow to head
Kaushal Silva has been discharged from hospital with a


Sports
Top athletes gasp, Delhi takes their breath away
Top athletes gasp, Delhi takes their breath away
Delhi’s poor air, combined with poor conditions at the JLN Stadium’s competition and warm-up tracks, has left the athletes gasping for breath.



Entertainment
‘Manithan’ more emotional, funnier than original: Udhayanidhi Stalin
‘Manithan’ more emotional, funnier than original:  Udhayanidhi Stalin
Udhayanidhi Stalin, who reprises Arshad Warsi's role in "Manithan", the forthcoming Tamil remake of "Jolly LLB", says the film is more emotional and funnier than the Hindi version.


Entertainment
Richa Chadha to get Dada Sahab Phalke Excellence Award
Richa Chadha to get Dada Sahab Phalke Excellence Award
Richa Chadha will soon be honoured with Dada Sahab Phalke Excellence Awards.


Entertainment
Disney confirms ‘The Jungle Book’ sequel
Disney confirms ‘The Jungle Book’  sequel
Disney studio has confirmed sequel of "The Jungle Book” and “Maleficent”.


Entertainment
Manoj Bajpayee plans to meet people benefited by ‘Green Corridor’ initiative
Manoj Bajpayee plans to meet people benefited by  ‘Green Corridor’ initiative
Manoj Bajpayee says he would love to meet people who have benefited from this "great initiative".






TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    Unsubscribe

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India

No comments:

Post a Comment