Peerzada Abrar

All stories by Peerzada Abrar

E-com fireworks in rural India this festival season

E-com fireworks in rural India this festival season

Rediff.com28 Oct 2024

India's e-commerce giants, led by Flipkart, Amazon, and Meesho, are making a strategic push into Tier-II and -III cities and rural regions, where demand for online shopping is surging during the festival season. This expansion into less urbanised areas comes with its own set of logistical challenges, from vast terrains and unpredictable weather to limited internet and road connectivity. But with smaller towns becoming a major growth driver, e-commerce companies are scaling up infrastructure, technology, and personnel to navigate India's vast, complex geography.

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

E-commerce Creating Jobs For Women

E-commerce Creating Jobs For Women

Rediff.com14 Oct 2024

'Women are taking on key roles in warehouses, such as picking and packing, as well as in our last-mile operations across India.'

Amazon sees gold rush in festival season

Amazon sees gold rush in festival season

Rediff.com7 Oct 2024

Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27. This demand is for brands such as Malabar Gold and Diamonds, PN Gadgil Jewellers, Joyalukkas, PC Chandra and KISNA, among others. According to current trends, customers buy fine jewellery starting at Rs 2,000 in the silver category and shell out up to Rs 40,000 for gold and diamond jewellery. In the last year, Amazon has seen more customers opt for 14 Karat purity.

'A Big Sound Like That Of A Bomb'

'A Big Sound Like That Of A Bomb'

Rediff.com30 Sep 2024

'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'

How's The Josh At Amazon, Flipkart?

How's The Josh At Amazon, Flipkart?

Rediff.com29 Sep 2024

While war rooms are set up closer to the sales, warlike preparations go into it almost 12 months in advance to ensure that on D-day the firm gives its best to its customers.

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Flipkart's Shopsy intensifies efforts to tap into Bharat

Flipkart's Shopsy intensifies efforts to tap into Bharat

Rediff.com8 Aug 2024

Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.

Amazon India Head Quits

Amazon India Head Quits

Rediff.com7 Aug 2024

Manish Tiwary plans to take up a new role at another firm.

Google Unveils AI For India's Developers

Google Unveils AI For India's Developers

Rediff.com18 Jul 2024

Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Gig workers Bill: Unease among startups

Gig workers Bill: Unease among startups

Rediff.com15 Jul 2024

A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.

Ola Maps navigating beyond 'western apps'

Ola Maps navigating beyond 'western apps'

Rediff.com9 Jul 2024

Bhavish Aggarwal, founder and chief executive officer of Ola, is encouraging developers to switch from Google Maps to Ola Maps. Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits. This initiative comes after Ola replaced Google Maps with its own Ola Maps, leading to annual savings of around Rs 100 crore.

Unacademy hands pink slips to 250 more employees

Unacademy hands pink slips to 250 more employees

Rediff.com3 Jul 2024

Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago. Of those, 100 are from core functions such as marketing, business, and product, while the rest are from sales.

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Rediff.com29 Jun 2024

Byju Raveendran, the founder of the beleaguered ed-tech firm Byju's, put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, the chief executive officer of edtech firm Unacademy. Munjal highlighted the importance of 'blunt feedback'. In a post on X, he alleged that Byju's founder stopped listening and failed to have people who could give him the right feedback.

2nd rights issue: Byju's moves K'taka HC against NCLT order

2nd rights issue: Byju's moves K'taka HC against NCLT order

Rediff.com24 Jun 2024

Beleaguered edtech firm Byju's has moved the Karnataka high court challenging the order of the National Company Law Tribunal (NCLT) restraining it from going ahead with the second rights issue. The plea is likely to come up for hearing on Monday. The orders of NCLT were expected to be challenged before the National Company Law Appellate Tribunal (NCLAT).

'There's a noticeable trend towards blending Western and Indian styles'

'There's a noticeable trend towards blending Western and Indian styles'

Rediff.com16 Jun 2024

'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'

2,000 Ex-Byju's Staff Fight For Dues

2,000 Ex-Byju's Staff Fight For Dues

Rediff.com30 May 2024

'When I called the HR department, they abused me.'

Licious gears up for IPO with new CFO, profit pursuit

Licious gears up for IPO with new CFO, profit pursuit

Rediff.com29 May 2024

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24 months. Delightful Gourmet, Licious' parent company, has named 39-year-old Karishma Gupta as its new chief financial officer (CFO). Her appointment aligns with Licious' drive for profitable growth through an omnichannel strategy.

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