Flipkart

E-commerce companies are preparing to bolster their supply chain ahead of the festive season sale in the country.

Walmart pumped in USD 1.2 billion in Flipkart, at a valuation of USD 24.9 billion this month.

India showed a negative growth in its total exports of goods and services in the first quarter of this year which is estimated to be USD 27.96 billion.

Earlier this year, Amazon announced it would invest USD 1 billion in the country.

As more and more Indians consume videos, audio-visual is increasingly becoming a strong tool for e-commerce companies to convince users to shop online.

Arvind Fashions has a portfolio of 27 fashion brands including Flying Machine, Newport, Excalibur, US Polo Assn., Arrow, GAP, Arrow, Tommy Hilfiger, and Calvin Klein.

Hyper-local delivery, a model of picking up goods from neighborhood stores, warehouses, and supermarkets, had gained widespread investor interest a few years ago.

Online shoppers from tier 2 and smaller cities make up nearly half of all the e-commerce user base in the country.