Uncertain future for Biyani’s Reliance Retail deal
The ongoing legal battle between the retail giants has raised several concerns. The delay in sewing up the deal may spell trouble for the cash-strapped Future Group.
The ongoing legal battle between the retail giants has raised several concerns. The delay in sewing up the deal may spell trouble for the cash-strapped Future Group.
Finally, the moment-in-the-sun for the Indian startup ecosystem seems to be on the horizon. And this is why the fate of Flipkart's maiden IPO—that too worth $10 billion— matters.
The company is set to raise $160 million in a new funding round from foreign investors, making it the latest entrant to the $1 billion valuation club.
The fashion retailer has abolished the position of CEO and named Amar Nagaram as head, Myntra and Jabong.
To gain traction in the rural market, companies will need to rethink business models and focus on demand generation, supply and services innovation.