India news and analysis

07 September 2018
Amazon is the first to offer its service in Hindi, the most widely spoken language in India. Leading the way Shoppers are now able to choose the Hindi language on Amazon's mobile site or android app. This will soon be extended to its desktop and Apple mobile app. The retailer will be able to reach non-English speakers ahead of its key competitors. Flipkart, Paytm Mall and Snapdeal do not ha...
05 September 2018
Ecommerce retailer promises a more personal shopping experience. Shoppers able to interact with virtual products Online grocery shopping in India looks set to become more engaging as Big Basket introduces a virtual reality (VR) store. Promising to replicate the product experience, the VR store allows shoppers to view products on a virtual shelf. Selecting the product gives shoppers more inf...
04 September 2018
Amazon India partners with private equity firm to buy India’s fourth largest grocery chain. Amazon India boosts its omnichannel strategy In July, we reported that private equity firm, Samara Capital, was in talks to buy Aditya Birla’s grocery retail chain More. It has now emerged that the bid is a partnership between Samara Capital and Amazon India. Expected to be completed within the next ...
20 August 2018
Walmart has completed the acquisition of Flipkart, India’s leading ecommerce business, following plans announced earlier this year. The retailer is now the largest shareholder in the Flipkart Group. Walmart takes 77% share of the business Flipkart is India's largest online marketplace. Founded in 2007, it sells 8m products across 80 categories. It has 100m registered users, 100,000 sellers,...
20 August 2018
Another giant ecommerce player may enter Indian market. Investment of at least US$5 bn from Alibaba Talks have begun between Alibaba and Reliance Retail about the possibility of creating a mega retail joint venture. Jack Ma, Alibaba’s executive chairman and Mukesh Ambani, Reliance Industries Ltd. chairman met recently to discuss plans to create an omnichannel retail entity. If it proceed...
10 August 2018
Competition Commission of India approves $16bn acquisition. Approval sets the stage for intensified competition In May, the world’s largest grocery retailer agreed to acquire an approximate 77% stake of Flipkart , in India’s largest ecommerce deal to date. That deal is now approved by India’s anti-trust regulator. With the acquisition cleared to proceed, Walmart’s presence within I...
30 July 2018
Plan will create an additional 30,000 jobs for the state of Uttar Pradesh Uttar Pradesh identified as a priority growth state for Walmart India Walmart India has signed a memorandum of understanding with the state government of Uttar Pradesh to open 15 more stores in the state. It currently operates four cash and carry stores as well as a fulfilment centre in the state capital, Lucknow. ...
20 July 2018
First store of Lots Wholesale Solutions opens in Delhi. Targeting the kiranas The Charoen Pokphand Group (CP Group), a Thai conglomerate, has opened its first store in India. Located in Delhi, it is a 4,600 sq m cash and carry store operating under the banner of Lots Wholesale Solutions. Lots Wholesale Solutions is targeting the traditional channel, local retailers and local suppliers an...
06 July 2018
India-based Aditya Birla has said it is aiming to sell its grocery retail business to Samara Capital, a private equity firm. Agreement will be confirmed by September The operator of More Megastore hypermarkets and More Quality 1 st supermarkets, Aditya Birla Retail Limited (ABRL), has agreed to sell its grocery retail business to private equity firm Samara Capital. The deal values the groc...
20 June 2018
Metro AG in India has partnered with five firms to supply exclusive brands directly to kirana stores, which are small neighbourhood grocery stores. Increasing its focus on India India is one of Metro's 'focus expansion countries' and it saw strong growth in 2017. With an estimated 10-12 million kirana stores across India, they offer a large business opportunity and Metro currently sells pro...