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Away From Bezos Vs Ambani, A Startup Is Changing Indian Retail


Away From Bezos Vs Ambani, A Startup Is Changing Indian Retail
Away From Bezos Vs Ambani, A Startup Is Changing Indian Retail
Updated: March 02, 2021 9:42 am IST
A bruising battle for supremacy between two of the world s richest men is hogging the limelight, but the silent changes in India s retail landscape deserve equal attention.
The ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter for everyone from Unilever NV and Procter & Gamble Co. to State Bank of India, the country s largest lender. It will also be important to Amazon.com Inc. boss Jeff Bezos and Reliance Industries Ltd. Chairman Mukesh Ambani.   ....

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Unicorns have created $106-bn value for startup ecosystem in 10 yrs: Report


A decade since India saw the creation of its first unicorn, the 44 startups that have reached this milestone have created $106 billion in value for the Indian ecosystem. Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone, according to a report by early-stage VC fund Orios Venture Partners.
The trend that is noticeable here is that time has been reducing, as founders with prior founding or startup experience are coming into play. Startups like Naukri.com and MakeMyTrip, which had been founded before 2005, have taken over 14 years to achieve that status, while Zomato, Flipkart and Policy Bazaar (2007-2009) have taken almost 8.7 years. Nykaa and OYO (2012-13) have taken even less time at 5.8 years, while Udaan and Ola Electric (2016-17) have taken only three years to achieve that status. ....

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"I am not comfortable going bold or showing my skin for any scene" says Vidhi Pandya

"I am not comfortable going bold or showing my skin for any scene" says Vidhi Pandya
tellychakkar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tellychakkar.com Daily Mail and Mail on Sunday newspapers.

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