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<a href="http://www.businessinsider.in/searchresult.cms?query=flipkart&amp;sortorder=effectivedate">Flipkart</a> wants to be fully prepared when the ambitious<a href="http://www.businessinsider.in/searchresult.cms?query=GST&amp;sortorder=effectivedate"> Goods and Services Tax</a> (GST) gets rolled out and is handholding its sellers too in this regard. 
 
It has roped in many agencies to educate its sellers on new<a href="http://www.businessinsider.in/searchresult.cms?query=tax&amp;sortorder=effectivedate"> tax </a>systems and other aspects of calculation post GST. 
 Under its <keyword id="4151374" type="UNKNOWN" weightage="20" keywordseo="GST-Genie-programme">GST Genie programme</keyword> for sellers, Flipkart wants its sellers to meet chartered accountants and tax experts and figure out GST-related services. 
 "The partners for this platform are figuring out issues around filing taxes and solve it with the sellers. As of now the services are free. We have been planning meticulously over the last few months to be GST-ready by the earlier deadline of April 1.We will provide our sellers technology solutions for ease of compliance,” <keyword id="3191846" type="UNKNOWN" weightage="20" keywordseo="Anil-Goteti">Anil Goteti</keyword>, vice president and head of marketplace at Flipkart, told ET. 
 
The programme will include giving training and webinars as well as videos to the sellers who can access these or ask their finance teams to undergo training for ease of compliance. The overall taxation on different product categories will vary depending on the GST rates fixed by the <a href="http://www.businessinsider.in/searchresult.cms?query=gst+council&amp;sortorder=effectivedate">GST Council</a>. 
 
"We are encouraging our merchants to get their businesses registered for GST. As a seller has multiple product categories listed with us, they have to find a harmonised system number to match the description on the government side and deciding on the tax structure accordingly. We will give them tools on doing this seamlessly and help them on customer invoicing as well,” said Goteti.

Flipkart is getting GST ready. Here’s how

Fintech company <keyword id="17714773" type="General" weightage="20" keywordseo="scapia" source="Orion">Scapia</keyword> has raised USD 23 million in a funding round, led by Elevation Capital and Binny Bansal's <keyword id="19564960" type="General" weightage="20" keywordseo="3state-ventures" source="Orion">3STATE Ventures</keyword>. The round also saw participation from existing investors -- Matrix Partners India and Tanglin Venture Partners. "Scapia's USD 23 million Series-A <keyword id="2067895" type="General" weightage="20" keywordseo="fundraise" source="Orion">fundraise</keyword> is a testament to the customers' love for its <keyword id="2385978" type="General" weightage="20" keywordseo="co-branded" source="Orion">co-branded</keyword> credit card and delightful app experience. Within five months of launch, Scapia has distributed its card in over 7,500 pin codes," the company said in a statement. Scapia offers <keyword id="155163" type="General" weightage="20" keywordseo="financial-products" source="Orion">financial products</keyword> and travel services through its co-branded credit cards. The company plans to use the funds to grow the customer base, add more banking partners, and enhance the product offerings. "This funding will fuel our efforts to grow our customer base, add more banking partners and strengthen our product suite. We are grateful to our new and existing investors who believe in our vision and are helping us deliver a compelling proposition to our customers," Scapia, Founder, Anil Goteti said. Scapia claims 40 per cent of its users are from beyond the top 30 cities. "The customer interest we see in Scapia's co-branded credit cards is a testament to the transformative power of fintech in making travel more accessible and delightful for Indians. We are excited to partner with Anil and his team," Elevation Capital, Partner, Mridul Arora said. Bansal said that the rise of fintech in India has been nothing short of revolutionary, democratising access to financial services and empowering millions. "We are excited by Scapia's progress in a short time and happy to continue our commitment to the company," he said.

Scapia raises USD 23 mn in a funding round led by Elevation Capital, 3STATE Ventures

New Delhi, May 5 () There has been a big spike in searches for items like smartphones, gas stoves and trimmers on Flipkart as the government has allowed delivery of non-essential items in orange and green zones via e-commerce route. The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers. In the past fortnight, trimmers continued to be one of the top 10 most-searched products with a 4.5X increase in searches since the beginning of April. Search for gas stoves has more than doubled, while fans and air conditioners searches have seen similar trends as temperatures soared across the country, it said. "With e-commerce being allowed for essential and non-essential products in orange and green zones in specific states, we are seeing an increase in searches for products in categories such as laptops, consumer electronics (such as headphones), mobiles, air conditioners, coolers, t-shirts, and other essentials," Anil Goteti, Senior Vice President at Flipkart, said. He added that the company is working with lakhs of sellers and MSMEs across India, and helping them prepare their businesses and workforce to make products available for consumers in this time of need. "At Flipkart, we continue to serve our customers by providing them products at their doorsteps through a safe and sanitized supply chain. This is carried out via robust SOPs which are in line with the guidelines shared by the government and local authorities," he said. Under the first and second phase of lockdown, which lasted for 40 days, e-commerce companies were allowed to deliver only essential products like grocery and medicines. With these platforms now being allowed to ship non-essential items as well in select areas, people are thronging online marketplaces to buy smartphones, laptops, notebooks and other items to facilitate work and study from home. Industry watchers feel the trend could continue for sometime as people may not want to step out to make purchases. Given that only standalone shops have been allowed to operate, and malls and large markets continue to remain shut, people may turn to online stores to get products home delivered. Depending on the number of cases of coronavirus infections, areas have been divided into red, orange and green zones. In the red zones, which include Delhi, Mumbai, Bengaluru, Pune and Hyderabad, the companies can ship only essential items like grocery, medicines and healthcare products. However, shortage of staff at warehouses and logistics hubs could result in delays in delivery of items, as per industry executives. SR RVK

Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart

<keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> has spread its wing to the automobile sector and in first-of-its kind initiative, it has tied up with <keyword id="50805" type="COMPANY" weightage="20" keywordseo="Mahindra-and-Mahindra">Mahindra and Mahindra</keyword>. 
 You will be now able to book <keyword id="3207078" type="UNKNOWN" weightage="20" keywordseo="Mahindra-KUV-100">Mahindra KUV 100</keyword> online on Flipkart, starting January 18 midnight. 
 
The KUV100, which is a compact SUV below TUV300 and XUV500, will be available in seven different colours. The KUV100 has the first ground up petrol engine offering from Mahindra and all research &amp; development activities for this compact SUV are aligned with global standards of quality, technology, testing norms, regulations and emissions from the very start. 
 
Anil Goteti, Vice President - Business, Flipkart said, "First time in the automobile category, this exclusive tie-up will allow Mahindra access Flipkart’s extensive reach and network to connect with their customers and provide them the ease to book Mahindra KUV100 online.” 
 
"Being two young brands, both KUV100 and Flipkart complement each other. This tie-up with Flipkart further reinforces our customer centric initiatives. With the ever increasing population of internet users, this was a step in the right direction for us,” said Veejay Ram Nakra, Senior Vice President, Sales &amp; Customer Care, Automotive Division, Mahindra &amp; Mahindra Ltd.

Flipkart and Mahindra start a new trend! You can now book Mahindra KUV 100 on Flipkart

On the back of the stupendously successful launch and sale of <keyword id="3205550" type="UNKNOWN" weightage="100" keywordseo="LeEco">LeEco</keyword>’s flagship killer Le 1s, the global internet technology conglomerate has now renewed its <keyword id="1695434" type="UNKNOWN" weightage="100" keywordseo="exclusive-partnership">exclusive partnership</keyword> with <keyword id="6354742" type="COMPANY" weightage="100" keywordseo="Flipkart">Flipkart</keyword>. An agreement to this effect was signed off by Atul Jain COO Smart Electronics Business on behalf of LeEco and Flipkart. This move is in anticipation of the imminent launch of its next bestseller phone in India. LeEco entered India with the launch of two Superphones in early 2016 - the Le 1s and Le Max. The devices were available exclusively on Flipkart, and went on to truly disrupt the <keyword id="390059" type="UNKNOWN" weightage="100" keywordseo="smartphone-market">smartphone market</keyword> with a sale of 400,000 phones in a short time period, making LeEco the largest exclusive partner on Flipkart. Atul Jain, COO – Smart Electronic Business, LeEco India, said, “We are extremely pleased to extend our successful partnership with Flipkart and are confident of jointly offering consumers an even better purchase experience backed by the full assurance of a genuine high quality product with warranty support in India. While we aspire to cross our previous sale figures, we are equally focused on redefining the future of smart devices and continue to <keyword id="47916" type="UNKNOWN" weightage="100" keywordseo="invest">invest</keyword> towards delivering truly compelling experiences to consumers at competitive price point along with seamless buying experience.” 

	Anil Goteti, VP - Business, Flipkart, said, “Le Eco's Le1s has been a great success on Flipkart. We saw massive rise in consumer interest both for the brand Le Eco and the product. We are extremely happy to take this partnership forward for the launch of the next device and are confident that together we will create new benchmarks for the online smartphone space in India. Our focus will be to continue to introduce exciting products through partnerships like these.”
 

	About the LeEco:
 

	LeEco, formerly known as Letv, is a global pioneering internet and technology company with multiple internet ecosystems across content, devices, applications and platforms. Founded in November 2004 by Jia Yueting and Liu Hong, LeEco employs more than 10,000 people and is the world’s first video company to go public with a market capitalization of more than $12 billion USD. Headquartered in Beijing, China, it has regional headquarters in Hong Kong, Los Angeles and Silicon Valley.
 

	With “Complete Ecosystem, Groundbreaking technologies, and Disruptive Pricing” as the guiding principle, LeEco is engaged in a myriad of businesses, spanning from Internet-based Super TV and Superphones, video production and distribution, smart devices/accessories and large-screen applications, to e-commerce and even connected super-electric cars. The company also features one of the world's largest content libraries, comprising of movies, TV dramas, entertainment shows, sports and music, which can be conveniently viewed on LeEco products, including the Superphones, Super TVs, and in the near future, Le Autos. Breaking the barriers of industries, LeEco provides personalized products and services for an enhanced user experience at disruptive prices.

Watch out for the next blockbuster from the LeEco-Flipkart combine !

Displaying stupendous performance, LeEco performed a hat trick on Tuesday as its third flash sale saw Le 1s sell like hot cakes once again. 
 
The sale saw a record order of 55,000 within 9 seconds, where silver Le 1s proved to be as popular as the gold colour version with a whopping 23,000 pre-sale registrations. 
 Moreover, another model which is the premium Big &amp; Bold, Le Max was also completely sold out on <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword>, thanks to its near-cult status and niche fan following. 
 Anil Goteti, VP - Smartphones, Flipkart, said, “Le 1s has witnessed great momentum over the last three <keyword id="961660" type="UNKNOWN" weightage="20" keywordseo="flash-sales">flash sales</keyword> on our platform. With overwhelming customer response and great reviews, we are confident that this partnership will create new benchmarks in the online smartphone space in India.” 
 
<a href="http://www.businessinsider.in/Priced-at-Rs-10999-Le-1s-is-the-smartest-smartphone-you-will-find-in-the-market/articleshow/50998856.cms">The internet tech giant’s success story doesn’t end here.</a> 
 
All flash sales combined, the resulting records go on to show some more stunning achievements - A record 2,20,000 total orders received within the shortest time of 31 seconds in the three flash sales, and at least 20,28,000 registrations received across all the flash sales. 
 
With this, the internet technology giant has assumed the role of a player in the Indian smartphone industry and is capable of giving its rivals a run for their money. 
 
Reflecting on the feat, Mr. Atul Jain, COO, Smart Electronics Business, LeEco India said “We believe that with this third highly successful outcome, LeEco has lived up to its global reputation of being a market disruptor and game changer. Le Max, the top-selling premium Superphone, which joins the sales in India for the first time, has proved to be a strong contender. Le 1s, the all-time best seller and record breaker, disrupts the market and manifests the ‘LeEco phenomenon’. We are delighted with the huge vote of confidence that Indian consumers have given us and am confident that going forward we will continue to offer more exciting products." 
 
Notably, LeEco has sold more than 3 million units in China. It’s superphones now in the Indian market are differentiated in terms of superior performance, technology coupled with disruptive pricing have been able to successfully woo the Indian consumers. The company’s global reputation, remarkable technology expertise, incredibly lower than the industry BOM cost valuation have additionally attributed to these records. 
 
The company is now firmly committed to increase its customer base and to this end is working on various plans to up the ante in achieving its business goal of being among the top 3 players in the business. 
 
To update you on the features and pricing of this phone, Le 1s comes in a full metal unibody, world's first mirror-surfaced fingerprint scanner, and a 5.5" FHD display. It’s got the flagship processor of the year Helio X10 Turbo, 3GB Ram and 32 GB storage, dual-SIM card slots, 4G LTE support, and USB Type-C port. 
 
On the camera front, there is a 13-megapixel f/2.0 rear camera, and 5-megapixel wide angle selfie camera. 
 
In case you have managed to miss the flash sales, you still have a chance to buy it at the shopping carnival-LeEco Day- on Flipkart on 25th February 2016. And buyers of this phone can expect a content ecosystem to be uploaded into its android-based EUI system in the 2nd quarter of this year since the company has already signed contracts with Eros and Yupp TV. 
 
Another thing that worries a smartphone user in India is the after sale services. LeEco has ensured tight policies in this regard, thanks to its 555 service centers in prime locations in the country, besides providing 24*7 toll free services, and other value-added services. 
 
So what are you waiting for? Go grab it!

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