Jagadeesh G (Jai)

CLSA published a detailed research report on India quick commerce. Recommended reading. Who will be the first to create a $50-100Bn company in India internet? #Zepto #Zomato #IndiaInternet

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Flipkart just made life even faster! 🚀 Super excited to share this milestone: Flipkart Minutes now brings everything you need – from groceries 🛒 to gadgets – right to your doorstep in just 10 minutes! More than just speed, it’s about freeing up your time to focus on what really matters. Have you tried Flipkart Minutes yet? Let us handle the rush for you! 💨 #FlipkartMinutes #InnovationInAction #CustomerFirst #ProudToBePart #SabMilengein10Mins

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The Flipkart Leap Ahead (FLA) programme is an initiative designed to support and accelerate the growth of early-stage startups. In its third cohort, the programme is focusing on startups that leverage Generative Artificial Intelligence (GenAI) in their core solutions across various sectors. Selected startups will receive equity investments ranging from USD 200,000 to USD 500,000, which can significantly help them in scaling their operations and achieving product-market fit. The programme offers much more than just financial support; it also provides invaluable mentorship from experienced industry veterans, operators, and founders. This mentorship aims to help startups build scalable architectures, create robust teams, and prepare for rapid growth. Applications for the programme are open from April 22 to May 26. During this period, interested startups can submit their applications to be considered for the programme. Once selected, startups will undergo a two-month mentorship phase. This phase is designed to provide tailored guidance and insights from seasoned professionals to prepare these startups for the next stages of their business development. The mentorship can be a crucial component for early-stage startups, providing them with the knowledge and expertise to navigate the challenges of growing a business in the GenAI domain. Overall, the Flipkart Leap Ahead programme is an opportunity for startups to not only secure financial investment but also gain access to a network of experienced mentors and industry professionals to support their growth journey.

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Great discussion today with Shradha Sharma and Sumant Narayanan on Tech topics such as Building for Scale, Personalization and Innovation at #YourstoryTechConclave2024 https://lnkd.in/gbwhctUB

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Coming strong into an area that's already hot - but in a way that's sustainable and beneficial to all the parties involved in the ecosystem. Download the Pincode app and if we're currently operational in your area - would love to get user feedback and experience ; Drop me a DM and I'm happy to respond. Tangential benefits of working in this area: Using phrases like "This is like comparing apples to oranges" or "It's a chicken and egg problem" when discussing an actual assortment issue 😁 #quickcommerce #pincode #phonepe

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Great report on "#Conversational #Commerce" by Bain & Company..! 1. Untapped Digital Opportunity: Despite 650 million Indians being active on social media and messaging platforms, only 30% shop online. This presents a vast opportunity for eCommerce growth through better digital engagement using #GenAI - voice-first and super-easy Gen AI experiences. 2. Custom Conversational #Commerce Potential: Generative AI-powered conversational journeys can enhance customer engagement and drive transactions, addressing app fatigue and the preference for specific assisted shopping experiences among users. It offers: - Speed for users in a hurry - Better discovery for slow shoppers - Easy discount search for price-sensitive customers 3. Personalization: Leverage deep knowledge of each customer and their shopping behavior to continuously make the experience more relevant. For example, the AI could ask, "How is your dog?" if it knows that you have a dog. There's a 4th point which I would like to add.  4. Warm, Friendly, and Fun Shopping: GenAI has the potential to make shopping warm, friendly, and fun, reminiscent of shopping at small kirana shops with familiar faces at the counters. Cheers..!! Arpan Sheth Sriwatsan Krishnan Navneet Chahal Kathleen Tandy Sandhya Devanathan

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Had a brilliant conversation with Nuha Bubere from The Ken on how old guards (Flipkart + Amazon) are bringing on the fight to QCs (blinkit + Zepto + Instamart). Following are some pointers that we discussed: 1. Right to win lies with the ones who are able to crack frequency of purchase for the user- thus Fruits & Vegetables + grocery purchase is key for a right to win. Something that QCs are acing right now. 2. For profitability and increasing ASP- categories like electronics, mobiles and large appliances are key for success in the long run. With years of expertise built by the old guards- they have the best of the selection on them right now and will try to guard top selling models from opening up across all channels. Might play aggressive on margin asks on such models to shield marketshare. 3. Old guards also have access to affordability constructs like EMI, exchange constructs for electronics and smartphones, which if unlocked for their QC play, will ensure consumer stickiness given that Indian consumers tend to be net effective price sensitive. 4. In terms of operations- old guards are more seamless- they replicate inventories across their dark stores from the ones that brand/ seller supply to already established warehouses. In contrast- new QC channels are more tuned towards grocery forward replenishment models- which require deliveries every 3-5 days, while electronics are more tuned towards bulk deliveries to ecommerce warehouses. Making the current model of QCs operationally unfeasible for most scaled brands. 5. Large appliances in a quick commerce model is still a puzzle. Single unit delivery for washers, ACs, or TVs would come at huge supply chain costs, and even if deliveries happen within 10 minutes to 4 hours window, can brands enable same day installations? With increasing pressures of unsold inventories and reducing margins in hardware- innovation costs would be tough to figure out. But who had imagined Quick commerce becoming the new age Ecommerce war? Maybe brands too are able to build on scalable solutions across this.   Do read this piece on quick commerce: https://lnkd.in/gH2zue3e

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We recently launched a brand new season of Propel – a global business accelerator for startups in India. First started in 2021, this program sits at the intersection of three key areas – startups, exports and technology adoption – all important for India as a nation. The program has already helped 70+ brands from different parts of India make their debut in global markets with many of them witnessing strong and consistent business growth. In this season 4, I expect even more entrepreneurial energy. At our end, we continue to focus on making exports easier for entrepreneurs and small businesses across India as we move closer to our goal of enabling $20B in cumulative exports from India by 2025. Read More: https://lnkd.in/gVYvXGwU #AmazonIndia #Exports #GlobalSelling #Propel #Startups #SmallBusiness #Entrepreneurs Vivek Somareddy | Bhupen Wakankar | Chand T. Mazumdar | Srinidhi Kalvapudi | Aditia Bhalla | Amazon Global Selling

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Are you a D2C / eCommerce brand in India planning / executing festive season sales? We recently did a session for our Razorpay Rize D2C+ community; covering some key aspects across - shopping experience, delivery experience, product bundling and discounts strategies; for festive sales. We have now summarised it as a blog. Link in first comment.

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India’s Consumer Tech is interesting! Zepto Launches Supersaver (basically longer delivery times and higher discounts) BigBasket goes all out on Quick Commerce (they have recently announced merging bb now and bb supersaver) :) Searching for PMF and Profitablity!

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🚨 EXCLUSIVE Aditi Shrivastava breaks down Meesho's numbers for the first half of FY25: 🛍️Annualised recurring revenue: > $1 billion 🛒 Net merchandise value: Rs 14,251 crore ⬆️ 29% (y-o-y) 📌 Revenue: Rs 4,405 crore 24% 📌 Loss: Rs 41 crore The Arc Analysis: https://lnkd.in/g9tGkCS4 We're ON IT.

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Are You Sure You Know What Your Product Really Is? 🤔 Many product managers or aspiring product managers often misinterpret what their product truly is. Take a minute and think about these products: What is the product for Flipkart/Amazon? What is the product for Netflix? What is the product for Zomato/Swiggy? What is the product for Gmail/WhatsApp? If you answered "their applications" for all of them, it’s time to rethink. 🔍 Here’s the reality: Flipkart/Amazon: It’s the goods they deliver. 📦 Netflix: It’s the content. 🎬 Zomato/Swiggy: It’s the food. 🍔 Gmail/WhatsApp: Their app and the network effect they create. 📱 Why This Matters Consider this: If you have a bad experience with food delivery or goods delivery from these platforms, or you can’t find any content that resonates with you on Netflix, would you still use them? Probably not. 🤷‍♂️ The takeaway: It's crucial to understand the difference between an "Enabling Product Manager" who works on the tech behind the experience and a "Core Product Manager" who focuses on the core value delivered. So, when you’re looking to join a company, be clear on whether you are an Enabling Product Manager or a Core Product Manager. There’s nothing wrong with either, but having the wrong expectations can lead to dissonance. ⚖️ What About B2B Products? For digital products like Jira or Figma, the product is a digital product only. But for services like Delhivery, it's their service enabled by their tech. 🚚💻 With the #AI revolution, we might see a shift in B2B products too, moving from Software as a Service to #ServiceasaSoftware. 🌐🤖 What’s Your Take? Share your views in the comments below and follow me (Vellanki Sriharsha) for more insights on product management and the evolving tech landscape. 🚀 #SaaS #ProductManagement #B2B #B2C PS: Co-Author #ChatGPT

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Did you know that over the last 30 years, Walmart has sourced products worth over $30 billion from India? Now, Walmart has set a new goal to source $10 billion worth of products from India annually, aiming to play a bigger role in the country's e-commerce landscape. This ambitious target shows Walmart's commitment to India's economic development, particularly through its collaboration with Flipkart. This partnership is making a positive impact on India's economy by supporting the growth of Micro, Small, and Medium Enterprises (MSMEs). Walmart and Flipkart's collaboration not only increases opportunities for these businesses to export globally but also fosters economic growth and job creation across the country. By enhancing the capabilities of MSMEs, Walmart is helping to build a stronger, more resilient economy in India. And this is just the beginning. As Walmart continues to expand its sourcing from India, the future looks bright for the nation's e-commerce sector and its small and medium enterprises.. #Walmart #India #ECommerce #MSMEs #EconomicGrowth #GlobalTrade #JobCreation #Flipkart #FutureGrowth

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#MCStartupConclave | "Zepto is currently in a position similar to where Amazon was in late 90s and early 2000s, with an opportunity to create an outcome with a valuation as large as $50-80 billion," say CEO and co-founder Aadit Palicha. Here's more 👇 #Startup #Zepto

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Exciting news for all brands selling on Flipkart! The launch of their new insights platform, #IRIS (Insights and Research Intelligence System), is a major step forward in understanding #customerbehavior on the #marketplace. With IRIS, brands can now leverage detailed reports on #userbehavior, #markettrends, and industry benchmarks. This data empowers them to: - Craft targeted marketing campaigns: Decode #consumerperception and tailor messaging for maximum impact. - Boost customer engagement: Use #insights to #personalize the shopping experience and drive conversions. - Optimize offline presence: Leverage #data to make informed decisions about physical store expansion. Imagine the possibilities! Data-driven decision making will lead to significant boosts in conversion rates and sales for #Flipkart sellers. Ready to unlock the power of #FlipkartIRIS and take your #ecommerce business to the next level? At DigitalBees, we can help you navigate the platform, analyze data, and implement winning strategies. Contact me today to learn more!

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If Meesho's chatbot successfully handles calls, especially in India, where there are numerous languages and diverse customer behaviors due to the vast population, just think about the massive impact this could have on jobs. This is genuinely a matter of serious concern. #ai #meesho

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Business Messaging using Whatsapp has truly evolved over the last 3 years to enable consumers to talk to businesses like they do with friends and family. From rich personalized experiences using Flows, Carousel Catalogs, Payments to innovation with Voice Calling for Businesses and now Meta AI, Whatsapp has truly emerged as a very powerful business tool. Customers are seeing high RoI when used in the right manner across the entire spectrum of the sales cycle from discovery to engagement, commerce, native purchases in-app to sophisticated customer service journeys. Read on for more insights. Sandhya Devanathan Ravi Garg Prache Agarwaal Aditi Mathur Rohant Shyam Rammohan Rishabh Khandelwal Rachit Jain Swati Mishra Rutuja Kagwade Ekta Agarwal Riddhika S. Prachi Dhamale Sai Gadkari Gaurav Agrawal Anshika Malviya Kirti Zadbuke Chand Ajmera Shreeya Roy Ambika Balasubramaniam Chetan Chadha Shalki C. Amit Shanawad Pooja Khanduja Ranjeet Malhotra Paras Arora Piyush Vaidya Animesh Baidya Biswas

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Nine years ago, Sanjeev and I started Meesho with a clear mission: to democratize internet commerce for every Indian . At the time, many couldn’t see the opportunity or the scale, as e-commerce seemed confined to the big cities. Fast forward to today, our recent Mega Blockbuster Sale is a powerful testament to that goal. We saw unprecedented growth and adoption as crores of users—mainly from tier 2+ areas—once again turned to our platform for their shopping needs. This not only reaffirms our commitment to expanding e-commerce into Bharat, home to the largest consumer base in the country, but also highlights the massive opportunities that lie ahead as we continue to make online shopping even more affordable and accessible for millions. This festive season, we beat industry estimates for e-commerce growth with a remarkable 40% increase in total orders compared to last year, fueled by: - 145 crore customer visits - 45% from tier 4+ cities - 2X growth in orders on Meesho Mall Our sellers also benefited immensely, with many doubling their revenue during the sale. A heartfelt thank you to everyone who trusted us with their festive shopping. We’re excited to keep this momentum going and continue delivering even more value in the future!🚀 https://lnkd.in/g-XgiWku

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