Masayoshi Son, CEO and Founder of SoftBank, during his India visit, said that he wants to bet on the future.
Chiratae is the new avatar of IDG Ventures, which has carved out space for itself in early-stage investing in startups.
FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.
Online penetration of retail in India is still around some 20 per cent, in fact some 10 per cent for most categories.
The move will help the online eyewear retailer gain from Premji Invest's extensive experience across retail brands, Lenskart CEO and Founder Peyush Bansal.
The latest news we hear is that Snapdeal is also looking very closely at this model. Similar to Flipkarts’ plan, Snapdeal intends to roll out offline stores beginning the next two months.
Lenskart thought that the Nepal earthquake was a good opportunity to push out an offer for sunglasses. No. Just no.
Even as retail chains scurry to open online stores to cash in on the e-commerce boom in the country, firms like MakeMyTrip, CarTrade, FirstCry and Lenskart are planning to build their offline presence with brick and mortar stores to woo more consumers.