Posts tagged india
Posts tagged india
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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:
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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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The question is whether Mukesh Ambani will be able to pull it off?
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Interesting thing to watch out. Will we finally see Facebook being more aggressive and take a stand on Govt policies?
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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.
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Ouch!
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Could this give a competitive advantage to Google over Facebook if Google+ becomes popular? On the flipside, can this feature make Google+ popular in India?
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Quite impressive! Would love to see how it compares with Ovi Maps navigation with Own Voice Integration and Google Maps Navigation if and when it rolls out Voice navigation in India.