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The document provides information about group members working on an e-commerce project, details about Flipkart and Myntra as e-commerce companies in India, and discusses the benefits and challenges of Flipkart acquiring Myntra. It notes that Flipkart and Myntra together would control a majority of the online fashion market in India. It also mentions that the acquisition would help both companies achieve economies of scale and better compete with Amazon, while facing challenges around profitability and competition from other domestic players.
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Flipkart Logistic & Supply chain management
Flipkart was founded in 2007 by former Amazon employees with an initial investment of $9000. It is headquartered in Bangalore and has over 4500 employees. Flipkart sells a wide range of products across multiple categories through its website and mobile apps. It has over 15 million products listed and serves over 30,000 orders per day through its 25 warehouses and 60 delivery centers across India. Flipkart aims to maximize its profits through strategies such as stocking popular mid-priced products and providing discounts on older inventory. It also plans to generate additional revenue streams by becoming a distributor and logistics provider for other companies.
Flipkart
- Flipkart was founded in 2007 by IIT Delhi alumni Sachin Bansal and Binny Bansal and is now India's largest online retailer.
- It initially focused on selling books but has expanded into various product categories. Flipkart is funded by venture capital and is profitable.
- Flipkart's success is attributed to its focus on strong customer service, an easy-to-use website and payment options, and robust logistics and supply chain management. It aims to continue its rapid growth and expand into new categories.
- While increased competition from Amazon poses a threat, the growing Indian ecommerce market is large enough for multiple players, and Flipkart's strong brand and customer base
Flipkart
Flipkart was founded in 2007 by IIT alumni Sachin Bansal and Binny Bansal. It began as an online book retailer and has since expanded into other product categories. Flipkart has received multiple rounds of funding and acquired other companies to support its growth. It aims to provide customers with a best-in-class online shopping experience through features like cash-on-delivery, easy returns, and fast shipping.
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Bill Mantra Presentation
- 3. About Us Valencia Groups was incorporated in the year 2003. Our Endeavour has been to offer value for money products in innovative and relatively unorganized sectors. We felt the need for quality furniture at reasonable prices. Valencia had an agreement with PICANO institutional Furniture, a $25 million Singapore based company. PICANO manufactures Institutional Furniture and exports to over 62 developed countries worldwide. Valencia were appointed as the sole distributor in India for supply of PICANO range of School & Institutional furniture. We were the first company to organize the sales in the school furniture & institutional sector. Our aesthetic range of office furniture imported from China and Malaysia helped us come closer to the world of corporate sector. Understanding the value of money and time of our corporate clients we understood the need of a solution that helps them save both. WE present BILL MANTRA , a group company of Valencia. Instead of standing in ques and giving late payment charges, we offer a novel idea to manage bill payments and much more sitting from your desk. It offers to you flexibility of time and management of your expenses better. Our mission is to provide time saving , cost effective solutions to our customers at reasonable prices. Welcome to BILL MANTRA. – a comprehensive solution.