2018 | Pixr8 News

11Jun By Gauri SinghNo Comments

BUSINESS

FabAlley Ends Fiscal 2018 with EBITDA Profitability

The Gurugram-based online fashion-forward brand FabAlley has ended the financial year in March 2018 with EBITDA profitability with the help of its massive offline augmentation. The company exited the financial year 2017-18 with gross merchandise value (GMV) of INR 80 Cr ($11.85 Million). FabAlley is the ultimate Indian fashion destination for fashion enthusiasts and lovers, founded in 2012 by Tanvi Malik and Shivani Poddar. 30% of the revenue that accounted for the profits made its way from the offline sources. The offline channels that the company deals with include retailing services with the Future Group’s Central and Shoppers Stop retail outlets among others. “We are the first e-commerce company at our scale to have hit the profitability target. While we want to expand our offline ...

Guests To Be Welcomed By A Robot At UP Investors Summit 2018

The Uttar Pradesh Investors Summit which is scheduled to start from tomorrow at Lucknow has a quirky tech awaiting which will surprise the guests and others in attendance. It is reported that a robot which is programmed for speaking three different languages is specially built to welcome the event attenders. The event that is organised to welcome best minds having excellent ideas and investors from the state and more will count at least 18 Union ministers attending the summit including Prime Minister Narendra Modi, Rajnath Singh, Arun Jaitley, Nirmala Sitharaman, Nitin Gadkari, Suresh Prabhu, Smriti Irani, Ravi Shanker Prasad, Dr Harsh Vardhan, V K Singh, Dharmendra Pradhan etc. The ministers will have individual sessions to attract investment for the state. The trilingual robot whic...

10 Business Ideas With Zero Investment and Huge Returns

Remember, when you were a kid, and your mother used to say - "Child, you can be anything in the world, just have faith", she was right. Although while growing up it became clear that not "everything is easy" and there is not "everything one can do". You then decided on a particular field and after getting knocked out by hundreds of people in the race, you gave up only to get stuck between those thousands of ideas of what you can still do and what you can still be. You are now confused. You don't have that idea that can justify your potential, the idea that can give you the life you want, the idea in which there is limited investment and lots of freedom to earn. So, you stay low-key, decide to lay down in the bed all day long, binge watching your favourite show over and again, thin...