eCommerce startups in India have been in dire situation this year for its inability to raise funds or turn profitable. Several eCommerce firms like Flipkart, Jabong and Zovi are supposedly laying off employees in a bid to cut its costs. Besides this, several ecommerce startups have shut down their shops: Bangalore based KoolKart.com has shut down its operations listing all of its products as sold out indicating no inventory to sell. This was first reported by NextBigWhat. KoolKart used to provide handpicked products in categories such as women & men apparels, jewellery, and bags. It also provided beauty and fashion products. * Mumbai based Rock.in, an online store offering high-end international clothing, has also shut down its operations, reports NextBigWhat. At the time of writing this article, the website was not reachable. Last year in August, the company had raised an undisclosed amount in…
- PrivacyNama 2022 Workshop: Privacy Preserving Advertising; October 11 October 7, 2022
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- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
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