Rocket Internet has been known for its aggressive go to the market strategies. However, there seems to have been a setback with one of its investments in India. While the German conglomerate continues to back its e-commerce company Jabong, it…
The platform enables users to choose the design/stone/metal – and you get a customized ring (the company has its own production facility). 21Diamonds is already present in 17 countries and the India operations is headquartered in Gurgaon.
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Expectations from Amazon are high. Its a new geography where infrastructure and businesses work very differently from what they’re used to. This is a new battle for Amazon too. Welcome to the real jungle!
Ratner is currently in Mumbai and is about to launch his online jewellery for the Indian market in a few days. The famous British businessman, took over as the CEO of the family chain in the 80s and took it from 130 stores with sales of £13m, to a public company with 2,500 stores and sales of over £1.2bn.
Besides the online fashion retailer, the group also runs Printvenue, another Guraon based company, 21 Diamonds a Do-it-Yourself online Jewellery store, Foodpanda.in, Fabfurnish.com, HeaveandHome.com and a clutch of other companies in India.
All you need to do is to register on the site, choose from around 2000 different designs of business cards, card holders, stamps, notepad’s and letter heads, depending on your need; and customise the same in minutes.