Category: Marketing

Flipkart on Friday announced a strategic partnership with Sastodeal, an e-commerce company in Nepal. The partnership is aimed at giving cross-border trade opportunities to its sellers. Under the partnership, Sastodeal will host products from Flipkart sellers across categories including baby care & kids, audio devices, men’s clothing, women’s ethnic wear, and sports & fitness, among others. These sellers will now have access to customers in Nepal. In the first phase, the partnership will see more than 5,000 products listed on Sastodeal. Jagjeet Harode, Head of Marketplace, Flipkart, said, “The partnership…

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Deloitte Touche Tohmatsu India LLP (Deloitte) has announced the acquisition of Spatial Access, a specialized advertising and marketing advisory and analytics firm, founded by veteran advertising leader Meenakshi Menon, to enhance the organization’s advisory capabilities and enable brands to make more efficient Advertising & Marketing (A&M) decisions. Consultancy firm Deloitte India is in advance level talks to acquire media audit firm Spatial Access. Sources close to development reveal that the deal is in its final stages, and has been in the works for nearly half a year. The announcement comes…

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Federal Bank a leading private sector bank in India, has chosen Fiserv, Inc. a leading global provider of payments and financial services technology solutions, to enable the digitization of the bank’s end-to-end card issuance and processing cycle, and support the launch of the Federal Bank credit card. The bank will also outsource associated operational processes to Fiserv. The bank will also outsource associated operational processes to Fiserv. With a strong retail and remittance business in India, Federal Bank was looking for a flexible and scalable technology and business process outsourcing…

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Diversified business entity ITC Ltd on Monday announced acquisition of spices manufacturer Sunrise Foods Private Ltd (SFPL) in an all-cash deal valued at Rs 2,150 crore. SFPL is a Kolkata-based family-owned company engaged primarily in the business of spices, and this acquisition would help ITC augment its portfolio in the segment where it is present with its brand Aashirvaad. “In addition, the sellers are entitled to contingent consideration of an amount not exceeding Rs 150 crore, which is payable upon Sunrise achieving mutually agreed operational and financial milestones, over a…

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Google will invest $10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the world’s fifth-largest economy that is emerging as a battleground for global internet giants. Alphabet Inc-owned Google’s outlay for India nearly double the $5.7 billion investment made by rival Facebook in the digital platform of India’s largest conglomerate Reliance Industries in April will be deployed through a mix of investments and partnerships, chief executive officer Sundar Pichai told ET in an exclusive interview on…

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Mobileye, an Intel Company, and WILLER, one of the largest transportation operators in Japan, Taiwan and the Southeast Asian region, today announced a strategic collaboration to launch an autonomous robotaxi service in Japan and markets across Southeast Asia, including Taiwan. Beginning in Japan, the companies will collaborate on the testing and deployment of autonomous transportation solutions based on Mobileye’s automated vehicle (AV) technology. Together, Mobileye and WILLER are seeking to commercialize self-driving taxis and autonomous on-demand shared shuttles in Japan, while leveraging each other’s strengths. Mobileye will supply autonomous vehicles…

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Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan to sign a multi-year contract within the next few months. According to the Google Cloud’s…

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Amazon and Flipkart are playing a key role to support these firms revive their business. These e-commerce majors are bringing them online, handholding them to pivot and helping them find fresh opportunities in the market. Amazon and Flipkart are also supporting them through various initiatives ranging from working capital to coronavirus related health insurance. E-commerce firm Amazon is looking to help its small and midsize logistics partners, which are impacted due to the Covid-19 lockdown, financially through a new Partner Support Fund. The company will provide one-time disbursement to package…

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Uber Technologies Inc. is getting into software. The company is making the technology that powers its ride-hailing business available to others, starting with public transit agencies. California’s Marin County transportation providers are the first customers to buy access to Uber’s software in a deal the company announced Wednesday. The tie-up represents a potential new revenue stream for Uber at a time when the company could use it. “This is not a one-off. This is a new product and a new business,” said David Reich, head of Uber Transit, adding that…

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Linksys has expanded its vary of Wi-Fi 6 mesh routers by launching the Max-Stream AX1800 Mesh WiFi 6 Router (MR7350). The brand new Wi-Fi mesh router has been debuted as an inexpensive possibility in opposition to the prevailing Linksys MR9600 and Linksys Velop choices. The Linksys MR7350 router has a protection of as much as 1,700 sq. toes. Nonetheless, it may be used as a mesh node on an Wi-Fi 6-based mesh community. The router has backward compatibility assist, which suggests it may be related not simply with Wi-Fi 6…

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