Introduction: Flipkart is an (Non-Indian) E-commerce company founded in 2007 by two Indians, Sachin Bansal and Binny Bansal. Flipkart operates in India but it is a Singapore based company and is registered in Singapore. The reason behind this is that corporate tax is low in Singapore as compared to India. The company was started with initial investment of approx. $6000 USD in 2007 with two employees who are also the founder now has a staff of over 33000 people in 2015. Flipkart also owns an E-commerce
Abhijeet Sindhu (PGP-14-083) Kavya Gupta (PGP-14-112) Kavita Jain (PGP-14-111) Shouvik Bhattacharya (PGP-14-143) Suraj Kataria (PGP-14-149) Group 21 – Div B Flipkart – An Operation Management Perspective 1 CONTENTS I. INTRODUCTION 1. Company Overview .............................................................................................................2 2. SWOT Analysis ...................................................................................................................3 3. Industry
RESEARCH PAPAER 1 Flipkart-Myntra; From a Merger to an Acquisition by Farhat Fatima. 1. INTRODUCTION Mergers and acquisitions represent the ultimate in change for a business. No other event is more difficult, difficult, or chaotic as a merger and acquisition. According to oxford, the term "merger" means "the combination of two commercial companies into one." the term "acquisition" refers to the acquisition of assets by a company from another company. In an acquisition, the both companies may continue
ü To study marketing of flipkart ü To study the advertising strategies used by Flipkart. ü To analyze the factors and their effect on flipkart. 1.1 Flipkart Ltd.: Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was Sachin Bansal and Binny Bansal, former students of IIT, Delhi, which began in 2007, in his early years, Flipkart focused on online sales of books, but later extended to electronics and a variety of other products. Flipkart offers several payment methods
Opportunities- • Flipkart can wander into online clothing and design business, where the gross margins are higher. • Flipkart can offer its logistics services to its rivals in online retail area with its logistics arm E-kart. With online business part going to boom in the coming years, online exchanges are going to increase. Thus, if Flipkart offers its logistics services to its rivals, it can pick up cash from those exchange. Threats- • Flipkart is confronting a considerable measure of
Flipkart owns and operates an online shopping website in India. It provides books, movies, music, games, consoles, gaming accessories, mobiles, mobile accessories, cameras, camera accessories, computers, computer accessories, network components, software, peripherals, home and kitchen appliances, TV and video products, and personal and health care products. Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal and is based in Bengaluru, India. It currently employs approximately 33,000 emlpoyees
Kunal Bahl, Chief Executive of Snapdeal.com is very much confident that Snapdeal will be the first e-commerce in India to turn Profitable. He along with his friend cum business partner Rohit Bansal has taken conscious decision to stay away from developing into inventory based models like its peers. Snapdeal is a marketplace model which acts as a platform where buyers meet sellers and purchases are done. Snapdeal earn its revenues from listing fees obtained from registered vendors and commissions
The idea is to predict what a customer may want to buy even before the customer realizes what they need. The techniques to achieve these results are broadly classified as Predictive Analytics. For instance, consider Uber, which is a data driven business model powered by a huge trail of real-world, real-time preference, usage and feedback data captured directly from the customers. Uber’s mission is to deploy world-class data systems to empower multiple services. The backend data analytics group is responsible
with the world average which is around 10 percent, the implementation might not significantly improve business sentiments since due to the high tax structure. 2. There has been a huge uproar by the local governments to exclude local taxes from the GST. This will have serious consequences since GST is expected to replace all the local, state and central taxes with a single tax. Additionally, the business entities would be hesitant to pay double taxes (since GST is inclusive of all the taxes- that is why
Part A - Consulting 2) Guesstimate the number of servings of Maggi that are consumed in India in a day. (Prior to the lead/MSG fiasco) India’s population is 1.25 billion 30% of the people below poverty line cannot afford Maggi People who can afford having Maggi =70% of 1.25billion = 0.875 billion Let us divide the population in the age groups of 0-10 , 11-25, 26-40,40-50,50+ People and Children in the age group of 50+ and 0-10 don’t consume significant amount of Maggi. Hence, they are ignored. Now