Tag: Flipkart

Categories
Process & Business Expansion

Tata Group Plans to Intensify E-Commerce Operations by Launching All-in-one Online App & Compete With Biggies Like Amazon, Flipkart And Reliance

Tata Motors (Photo Credits: Wikipedia)

Mumbai, August 27: Tata Group conglomerate is planning to expand its footprint in the e-commerce space. The company has plans of launching an all-in-one e-commerce app for its consumer products and services, according to a Bloomberg report. The launch of the app is expected to take place by the end of 2020 or early next year.

By ramping up its e-commerce operations, it will be competing with biggies in this space which includes names like Amazon, Flipkart and Reliance. There is cut-throat competition in this space and each of these players is looking to expand their growth and tap the second most populous country.

Tata Group has plans of making a sizeable presence in the online market. According to a forecast by Cisco Systems Inc, internet users are expected to reach 900 million by 2023. There has been a huge jump in the consumption of content and people using smartphones to do various activities. Tata Group, therefore, wants to capitalise on this opportunity and make the most of it.

Categories
E-Commerce Process & Business Expansion

Flipkart Ties-Up With Nepal’s E-Commerce Firm Sastodeal to Enable Cross-Border Trade, Now Its MSMEs Can Sell Their Merchandise Abroad

Flipkart. (Photo Credit: Twitter/@Flipkart)
Flipkart. (Photo Credit: Twitter/@Flipkart)

Good news for India MSMEs. All the Indians MSMEs which are registered with e-commerce giant Flipkart will now be able to sell their merchandise abroad as well as the homegrown e-commerce platform. Flipkart had partnered with an e-commerce company in Nepal named Sastodeal. With this, Flipkart aims to create cross-border trade opportunities for lakhs of sellers who are registered with its platform.

Expressing his opinion on the partnership with Nepal’s Sastodeal, Flipkart’s Head of Marketplace Jagjeet Harode said, as quoted by Financial Express, “The partnership with Sastodeal, a homegrown brand like ours, will not just open doors for a wider market reach to our sellers but also allow them to boost their business significantly.”

With this partnership in place, both the e-commerce company will list products from Flipkart marketplace sellers under various categories including audio devices, men’s clothing, women’s ethnic wear, and sports and fitness, among others. Flipkart states that this new collaboration will help numerous MSMEs — spread across the country — experience newer avenues for business growth. Flipkart also sees this partnership as an opportunity as in Nepal, there has been a surge in online shopping.

Apart from local sellers, Flipkart is also planning to showcase its private brands such as MarQ and SmartBuy under this partnership. Both its brands operate under various categories including electronics, home appliances/home decor, and furnishings. Earlier, Prime Minister Narendra Modi had asked the Indian firms to push for increasing domestic production and ramping up exports under Make in India and Vocal for Local initiatives.