Posts tagged ecommerce
Posts tagged ecommerce
14 notes &
ETnow had aired an interview with Flipkart co-founder - Sachin Bansal in its Starting up program this week. While the majority of the information in this 13min long video is widely known, there were few bits of information which I found quite interesting:
7 notes &
Advertising from electronic retailing portals surged 228% on television, 78% in print and 797% on radio compared to the same period last year
- Desi online retailers unleash ad blitzkrieg
Simply Wow! Further Flipkart has apparently marked Rs 100 crore as its advertising budget.
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That rapid growth has drawn the attention of venture capitalists who poured $183 million into 20 e-commerce firms in the last 12 months, up from $61 million for 13 firms in the previous 12 months.
Wow! and E-commerce is just starting up in India!
On a related note, check out this video interview of Sachin Bansal, CEO & Co-Founder of Flipkart, where he tells that the company is targeting Rs 500-600 crore revenue by March 2012.
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Restaurants around the event is a killer feature, Wonder why no one had thought about it yet.