Connect with us

Latest News

Amazon Posts 67% Increase In Sales Volume Growth

Published

on

Amazon Posts 67% Increase In Sales Volume Growth,Startup Stories,2017 Business News Update,Amazon Volume Growth,Amazon India Increase Sales Volume,Amazon Business News 2017,Amazon Gross Sales Value Increase,Amazon India Gross Sales,Amazon Sales September Quarter

Amazon India, the Indian arm of the ecommerce giant Amazon, reported a 67% increase in sales volume in the September quarter. The company claims from April to September, their gross sales rose much faster than of their rival, Flipkart.

While Amazon claimed their gross sales value increased by 72% during this quarter, Naspers previously reported Flipkart grew 43% during that period. The global ecommerce giant further added Amazon India’s gross sales rose 66% in those six months. According to brokerages and experts tracking ecommerce in India, the online retail market is estimated to be growing by roughly 25% to 30%.

However, according to a Flipkart spokesperson, the figure cited by Naspers included “a time lag” and the firm’s sales actually grew by “at least 80%” in April-September. Livemint reported, in an emailed response Flipkart’s spokesperson said, “Flipkart continues to outpace the industry and our growth has accelerated significantly during the July-September quarter on the back of a very strong festive season. This report actually refers to the January-June period and, as all growth data, has a lag of three months so the comparison isn’t like for like or relevant.

Despite Amazon India posting an increase in sales volume, Amazon’s overall sales volume growth actually slowed considerably from the preceding two quarters, where it grew by 85% and 88%, respectively. Flipkart, which enjoys a bigger consumer base in India, also beat Amazon during the festive season sale, generating gross sales of over Rs. 5,000 crores. During its four day Great Indian Festival sale, Amazon, on the other hand, generated gross sales of Rs. 2,500 to Rs. 2,700 crores.

Nevertheless, Amazon has disputed the claim that it lags behind Flipkart and argues it is well ahead of the Bengaluru based ecommerce company in terms of metrics such as app downloads, desktop visits and mobile website visits. On the global front, Seattle based Amazon has also locked horns with technology giant Google over selling Google products on its ecommerce platform.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

Published

on

BharatGPT

CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

The launch has garnered strong support from both the Indian government and industry leaders, who see BharatGPT Mini as a catalyst for democratizing access to digital services. CoRover anticipates significant growth in the adoption of Small Language Models, with early feedback indicating a substantial increase in project demand. As CoRover looks to expand its expertise globally, BharatGPT Mini stands out as a scalable, multilingual, and privacy-centric solution, setting a new standard for inclusive and sovereign AI innovation in India’s diverse landscape.

Continue Reading

Latest News

Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

Published

on

Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

Continue Reading

Latest News

New Instagram Features Let Users Customize Profiles and Share Quietly

Published

on

Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

Continue Reading
Advertisement

Recent Posts

Advertisement