Monthly Archives: August 2016

How Startup Culture In India Differs From The U.S.

Posted on by

India is quickly becoming a leading global startup hub. Rising numbers of entrepreneurs, incubators, international and local VCs, and multinational corporations are turbocharging the development of a burgeoning tech scene. In fact, the number of startups in India is expected to nearly quadruple from 3,100 in 2014 to over 11,500 by 2020.

from Forbes – Tech http://ift.tt/2bhKPP9
via IFTTT

It’s A Jungle Out There In Wearable Technology

Posted on by

While your smartwatch or fitness band may survive the tough elements outside, there’s a tougher climate inside among wearables competitors. The wearables space is still emerging, and consumers and their tastes can be fickle. As the market continues mature, we are seeing some companies succeed and others fail. Interestingly, the size of the company has very little to do with the success of their wearables, and some of the biggest players are having difficulties.

from Forbes – Tech http://ift.tt/2b6DOzU
via IFTTT

Amazon’s Next Move To Penetrate Deeper Into Indian E-Commerce

Posted on by

While China remains a sore spot for Amazon, the e-commerce giant is ensuring that it does not leave any stone unturned in establishing a significant presence in India. After committing an additional $3 billion investment in the region, the company is now looking to make its subsidiary “Junglee” a platform for individuals to buy and sell goods to each other (mostly second hand products), with Amazon managing the payment and delivery. Quikr and OLX are established players in this market in India. However, Amazon’s strong delivery network and promise of an “Amazon like” experience should draw customers to this platform. We believe this initiative will broaden Amazon’s user base in India and give it a stronger foothold in the region. With India well positioned for strong e-commerce growth over the long term, we believe it can be a key region to drive Amazon’s revenues in future.

from Forbes – Tech http://ift.tt/2bA74Q6
via IFTTT