But the 'open' question is whether Naspers will keep the redBus APIs open? We aren't sure. In fact, if getting market share is the prime reason for redBus acquisition, Naspers probably will keep others off the API/Inventory.
Gaana Adds Karaoke Feature SingAlong to Keep Users Engaged
Gaana has launched SingAlong, which is basically a karaoke web app across a variety of songs. It rates and scores the quality of your singing and one can even challenge your friends to a vocal duel.
Amazon.in launches affiliate programme in India, Upto 10% commission for every sale
Amazon pays out a 10% commission to affiliates on each sale. In comparison, existing e-commerce players only pay out 5-7% as commissions.
UnPluggd : Thank You All. We Redefined Ourselves
UnPluggd has always been about the community and in this edition, we experimented with a few content formats. Like any growing startup, we continue these experiments and bring fresh perspective to startups
We Will Go For IPO, But Can’t Give You a Date Yet: Sachin Bansal, Co-Founder & CEO, Flipkart
Speaking at NextBigWhat's startup conference UnPluggd, Flipkart's co-founder & CEO Sachin Bansal said that the company wants to focus on fashion retailing and making its newly launched marketplace a better experience for customers over this year.
Final FAQs for UnPluggd : Are VCs Attending UnPluggd? Official hashtag?
Who are the VCs attending the event? Well, every fund worth their fund is attending UnPluggd! A whole lot of #sharktank angels are also coming over!
Ecommerce Pulse from Social Media : Myntra : 20% Layoff, Snapdeal sending Teddy Bear to make up for delivery delay
What's happening with Indian ecommerce companies? Well, we bring a few selected updates from social media on how Indian companies are reacting in terms of customer experience, managing cost (hint: layoff) and saving some margin cost:
Welcome to the Jungle! Amazon Couldn’t Have Timed India Launch Better [Analysis]
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!
Breaking: Amazon Launches Marketplace in India to take on $400 bn Retail Market
The marketplace provides Indian customers with a shopping destination to purchase products from third-party sellers. India represents Amazon's tenth marketplace launch.
Rocket Internet backed 21Diamonds to Shutdown: Report
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 has decided to pull the plug on 21Diamonds – a Do It Yourself (DIY) online...