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Flipkart Reports 43% Rise In GMV Growth

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Flipkart, India’s biggest ecommerce company reported a 43% rise in Gross Merchandise Value (GMV) for six months quarter which ended on 30 September 2017. As per a half yearly financial report from Flipkart’s investor Naspers, the ecommerce giant has seen a considerable jump in its market share from the same period a year ago. However, the company did not disclose Flipkart’s GMV. The report states, Flipkart’s share of monthly GMV stood at roughly 58% in June this year, up from 45% in June 2016.

Flipkart, according to the report, has further strengthened its position in the Indian ecommerce ecosystem.  The ecommerce company has been able to consistently hold its own against Amazon India during the recently concluded festive season sale. Despite facing a tough 18 months and loosing considerably market share, Flipkart managed to secure substantial capital from investors such as Tencent and SoftBank.

In the report, Naspers said, “Flipkart, the group’s equity accounted investment in India, continued its growth acceleration and further solidified its market leadership. During the recent festive season sales period, Flipkart captured around 70% of the total ecommerce market.” In the report, Naspers further added Flipkart.com is the category leader in 12 of 20 focus categories, including mobile phones, TVs, laptops and fashion. Currently, Naspers holds a 14% stake in Flipkart.

Meanwhile, Flipkart’s chief rival in the ecommerce industry, Amazon.com, claims it is the second largest player in traffic, accounting for 58% traffic on personal computers, 129% on mobile web and have 52% more app downloads. An Amazon spokesperson also said, “There are no credible third party reports analyzing the growth of the ecommerce sector in India. Though as per the recent Kantar IMRB reports for the festive season, Amazon.in leads with the highest customer share of 44% and order share of 42%.”

Flipkart saw a turnaround in its sales revenue after Kalyan Krishnamurthy took over as the CEO. Recently, mutual fund investor Morgan Stanley also marked up the valuation of Flipkart to $ 9.36 billion for the September quarter. This mark up comes after Morgan Stanley marked down the ecommerce company’s valuation for five consecutive quarters. While Amazon India has successfully built its brand name in the country, it is still facing cut throat competition from Flipkart to capture the Indian ecommerce market which is poised to reach $ 200 billion by 2026.

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From Space to Earth: Sunita Williams’ Inspiring Journey and Homecoming Celebration

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Sunita Williams, the celebrated Indian-American astronaut, recently returned to Earth after an extended nine-month mission aboard the International Space Station (ISS). Initially scheduled for just eight days, her mission was prolonged due to technical issues with the Boeing Starliner spacecraft, which rendered it unsafe for their return.

On March 19, 2025, Williams and fellow astronaut Butch Wilmore safely splashed down off the Florida coast. 

 

Their homecoming was celebrated in Jhulasan village, Gujarat, where special prayers and rituals were held to honor her safe return. Family members expressed their joy and gratitude, emphasizing her strong ties to her ancestral home.

Upon her return, Williams received accolades from Indian officials, including a letter from Prime Minister Narendra Modi, who expressed pride in her achievements and resilience. He highlighted the inspiration she provides to future generations of scientists.

 

While her return marks a moment of celebration, it also signals the start of new challenges. After spending 286 days in space, Williams will undergo a 45-day rehabilitation period to readjust to life on Earth and regain physical strength.

Sunita Williams’ journey serves as an inspiration not only for India but for aspiring scientists worldwide, showcasing the significant contributions of Indian-origin individuals in global space exploration.

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Unilever Introduces Innovative Color-Changing ‘Smart Label’ for Dove

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Unilever Introduces Innovative Color-Changing 'Smart Label' for Dove

Unilever has launched a new innovation in personal care with the introduction of a color-changing “smart label” for its Dove Shower Sensor Deep Moisture Body Wash. This limited-edition product, available exclusively in Canada, integrates advanced packaging technology to promote healthier skin habits.

How It Works

The smart label activates when exposed to water temperatures above 41°C, displaying a “VERY HOT” warning. This feature encourages users to lower their shower temperature, helping to preserve the skin’s natural moisture—especially crucial during Canada’s cold winter months1.

A Step Towards Smarter Personal Care

This innovation reflects Unilever’s dedication to combining technology with personal care. Divya Singh, head of personal care at Unilever Canada, highlighted the product’s role in fostering better skin health through intuitive reminders. Singh stated that the sensor supports hydration and empowers consumers to maintain healthier habits confidently1.

Broader Implications

The smart label is part of a larger trend in packaging innovation, offering functionality beyond traditional use. Such advancements not only enhance user experience but also align with Unilever’s commitment to sustainability and digital transformation13.

This launch underscores Unilever’s focus on enhancing everyday products with technology while promoting skin health and environmental consciousness.

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Quick Commerce Set to Boost HUL’s Revenue

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StartupStories

Unilever’s CEO, Fernando Fernandez, is optimistic about quick commerce’s growth in India, predicting it will significantly boost Hindustan Unilever Ltd’s (HUL) revenue. Currently, quick commerce accounts for about 2% of HUL’s revenue, but Fernandez expects this to rise to 10-15% within the next three to four years.

Why Quick Commerce?

India’s unique demographic, with affluent and economically active households living in close proximity, makes quick commerce a logical and profitable channel. The margin mix in quick commerce is also favorable for improving profitability12.

Market Trends

Quick commerce is rapidly expanding in India, with its contribution to ecommerce sales doubling annually. Major players like Blinkit, Swiggy Instamart, and Zepto are driving this growth, driven by consumer preference for convenience over discounts13.

Future Outlook

Fernandez’s strategy aligns with Unilever’s goal to transform its business and meet evolving consumer preferences. Leveraging quick commerce will be key to enhancing HUL’s revenue in India, a crucial market for Unilever

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