India rejects Walmart-owned Flipkart’s proposed foray into food retail business – TechCrunch


Indian government rejected Flipkart & # 39; s proposal to enter the food retail business in a setback for Walmart, which owns majority of Indian e-commerce firm and which recently classified its activity in the third economy of Asia as one of the worst affected by the global coronavirus pandemic.

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The Department of Industry Promotion and Internal Trade (DPIIT), a wing of the National Ministry of Commerce and Industry, told Flipkart, in competition with Amazon India, that its proposed plan for Entering the food retail business violates regulatory guidelines.

The activity offered by Flipkart retailing food products, called Flipkart FarmerMart, cannot be structured on 100% foreign direct investment, said the Indian agency. Rajneesh Kumar, director of general affairs at Flipkart, told TechCrunch that the company was evaluating the agency's response and intended to re-apply.

"At Flipkart, we believe that the technology and innovation market can bring significant value to farmers and our country's food processing sector by bringing efficiency and transparency to the value chain. This will help increase farmers' incomes and transform Indian agriculture, "he added.

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Kalyan Krishnamurthy, CEO of Flipkart Group, said in October that he plans to enter the growing food market in Canada. invest $ 258 million in the new business.

Flipkart planned to invest deeply in the local agricultural ecosystem, the supply chain and work with tens of thousands of small farmers, their associations and the national agrifood industry, said Krishnamurthy . The food retail unit would help "boost farmers' incomes and provide affordable, quality food to millions of customers across the country."

Several e-commerce and grocery companies in India, including Amazon, Zomato and Grofers, have already obtained approval from New Delhi, which previously allowed 100% foreign direct investment in food and a handful of other sectors, to enter the food retail business.

The Indian government has since reviewed the guidelines to clarify that retailing food, like any other sector of e-commerce, can only function as a market that allows third-party sellers to engage with buyers. – and not to offer their own stocks, nor to have equity in any of the players who sell on the platform.

Food and groceries are compelling categories for e-commerce companies in India as they allow them to engage more frequently with their customers. According to the research firm Forrester, the Indian online food and grocery market remains very weak, accounting for only 1% of overall sales.

In the latest call for quarterly results, Walmart the limited operations of Flipkart had a negative impact on the group's overall growth. New Delhi announced in late March one of the most stringent bans in the world across the country, which prevented Amazon and Flipkart from delivering to many states and only sold "essentials" such as merchandise. ; grocery and hygiene.

India maintains home stay orders for its 1.3 billion citizens, although it has relaxed some restrictions in recent weeks to revive the economy.

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It has been an incredibly difficult week after a series of difficult weeks. The murder of George Floyd has shown once again that ...

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posted by Mark zuckerberg sure Friday May 29, 2020

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In a statement posted on Facebook late Friday afternoon, Mark Zuckerberg explained why his company had not contextualized or deleted messages from accounts associated with President Donald Trump that appeared to incite violence against American citizens. "We looked very closely at the post that discussed the protests in Minnesota for […]

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WASHINGTON, DC - MAY 21: President Donald Trump speaks to the press on the south lawn of the White House before leaving on Marine One May 21, 2020 in Washington, DC. President Trump is scheduled to visit a Ford manufacturing plant that currently produces fans in Michigan. (Photo by Alex Wong / Getty Images)

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p = 1995496"}, "modified": "2020-05-29T08: 13: 07", "modified_gmt": "2020-05-29T15: 13: 07 "," slug ":" twitter-screens-trumps-minneapolis-menace-tweet-for-glorifying-violence "," status ":" publish "," type ":" post "," link ":" https: //techcrunch.com/2020/05/29/twitter-screens-trumps-minneapolis-threat-tweet-for-glorifying-violence/","title":{"rendered":"Share Twitter screens Trump's threat tweet in Minneapolis to glorify violence "}," content ": {" rendered ":"

After applying a fact-checking labelTuesday to a deceptive email voting tweet by US President Donald Trump, Twitter is on a roll and has tagged another of the President's tweets - this time casually filtering his words with what he calls a " public interest notice "which declares the tweet violated its rules on the glorification of violence. u00a0

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Here's how the tweet appears without further interaction (second tweet in the screenshot below):

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The public service notice replaces the substance of what Trump wrote, which means that a user must actively click to see the offending tweet.

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Engagement options are also limited due to this tag, which means that users can only retweet the offending tweet with a comment; they can't like it, respond to it or the vanilla retweet.

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Twitter’s review goes on to explain why it didn’t delete the offending tweet completely - and that’s where the public policy element comes in - with the company writing: "Twitter has determined that it may be in the public interest for the Tweet to remain accessible. " u00a0

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Twitter seems to ignore the president's decision yesterday sign a decree on the legal shield on which Internet companies rely to protect them from liability for user-created content - doubling the displeasure of Trump, who accused social media platforms in general of deliberately suppress conservative opinions despite lots of evidence that ad targeting platform algorithms actually improve content and views fueled by outrage - which tends, on the contrary, to amplify conservative views.

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In the latest clash, Trump tweeted in reference to violent protests in Minneapolis sparked by the murder of a black man, George Floyd, by a white police officer - with the president claiming that "THUGS dishonors the memory of George Floyd" before threatening to send "the army".

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"Any difficulty and we will take control but, when the looting begins, the shooting will begin. Thank you! "Trump added - making a bald threat to use military force against civilians.

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Twitter has wrestled with the question of how to deal with world leaders who have been breaking its content rules for years. Most often in the wake of Trump, who regularly uses his platform to intimidate all kinds of targets - from rival politicians to hated journalists, disobedient business leaders and even actors who displease him - as well as distribute direct and sometimes violent threats.

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Since his election, Trump has also used the global Twitter platform as a foreign policy weapon, drawing military threats to likes like North Korea and Iran in the form of a tweet.

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In 2018, for example, he teased North Korean leader Kim Jong Un with nuclear destruction at the push of a button (see tweet below) - before continuing with "to fall in loveWith the dictator when he met him in person.

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Twitter's defense of not retaining Trump's offensive tweets in the past has been that, as US President, the substance of what man tweets - as crazy, bad and dangerous - is inherently worthy of Interest.

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More recently, however, the company has created a policy tool that allows it to intervene - defining the terms last summer. on "public interest" content on Twitter.

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He then warned (almost a year ago, in June 2019) that he could place a public service announcement on tweets that would otherwise violate its rules (and therefore deserve removal) - in order to "provide additional context and clarity", rather than deleting the offending tweet.

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Fast-forward a year and the tech giant started tagging Trump's tweets - starting with a fact-checking tag earlier this week, linked to the upcoming U.S. election, and now continuing with a public service announcement regarding Trump glorifying violence.

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So, finally, the tech giant seems to be moving towards drawing a boundary around Trump in near real time.

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Explaining his decision to insignify the threat of the American president to order the army to shoot looters in Minneapolis, the company writes: "This Tweet violates our policies regarding the glorification of violence in office the historical context of the last line, its link to violence, and the risk that it could inspire similar actions today. "

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"We have taken steps to prevent others from being inspired to commit acts of violence, but we have kept the Tweet on Twitter because it is important that the public can always see the Tweet given its relevance to issues of public importance, "continues Twitter.

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He also refers to his policy against tweets that glorify violence - which declares unequivocally [in bold]: "You cannot threaten violence against an individual or a group of people. "

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Back in June, when Twitter announced the label "abusive behavior", it also warned that tweets filtered with a public service announcement would not benefit from any algorithmic acceleration, writing: "We are also taking steps to ensure that the Tweet is not algorithmically elevated on our service, to find the right balance between activating freedom of expression, promoting liability and reduction of potential damage caused by these Tweets. "

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However, the relevance of Twitter's decision to finally apply its own rules to Trump will guarantee abundant non-algorithmic amplification (and not a little irony).

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We contacted the company to ask them about their decision to apply a public interest screen to Trump's latest tweet, but at the time of writing this report, they had not answered.

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Sure Wednesday evening, Twitter CEO and co-founder Jack Dorsey posted a series of tweets defending his decision to apply a fact-checking label to Trump's previous misleading tweets on email voting.

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"That doesn't make us an" arbiter of the truth, "wrote Dorsey. "Our intention is to connect the points of contradictory statements and to show the information in dispute so that people can judge for themselves. Greater transparency on our part is essential so that people can see clearly why these actions are happening. "

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Dorsey's remarks followed pointy observations made by Facebook CEO Mark Zuckerberg at Fox News, seeking to pit Facebook's so-called "neutrality" when controlling its platform against the politics of Twitter u2019 taking a stand on issues such as political advertising (that Twitter doesn't allow).

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I firmly believe that Facebook should not be the arbiter of the truth of everything people say online, u201d Zuckerberg told the conservative news station. u201cPrivate companies u2026 especially these platform companies, should not be able to do this. u201d

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It should be noted that Dorsey used Zuckerberg's exact phrase - u201carbiter of truth u201d - to dismiss Facebook's attack on Twitter policy as a straw man argument.

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Update I, Trump reacts: In quick reaction to Twitter's decision, the Trump administration has now retweeted the offending tweet from the official White House Twitter account - re-amplifying the President's violent threat.

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Trump also reiterated his threat to regulate social media by revoking Section 230 of the Communications Decency Act in a new round of tweets this morning - accusing Twitter of ignoring "the lies and propaganda spread by China or the Democratic Party of the Radical Left. "

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Update II, Whack-a-mole: Twitter has now reviewed the tweeted copy of Trump's tweet that the administration sent from the White House Twitter account.

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After applying a fact-checking label Tuesday to a deceptive email voting tweet made by US President Donald Trump, Twitter is on the move and has tagged another of the President's tweets - this time filtering its words laid back with what he calls a "public interest notice" which says the tweet violated its glorification rules […]

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Natasha est une journaliste senior pour TechCrunch, rejoignant septembre 2012, basée en Europe. Elle a rejoint TC après avoir passé en revue les smartphones pour CNET UK et, avant cela, plus de cinq ans couvrant les technologies commerciales pour silicon.com (maintenant intégré à TechRepublic), où elle s'est concentrée sur les compétences mobiles et sans fil, les télécommunications et les réseaux, et les technologies de l'information. problèmes. Elle a également été pigiste pour des organisations telles que The Guardian et la BBC. Natasha est titulaire d'un diplôme de première classe en anglais de l'Université de Cambridge et d'une maîtrise en journalisme du Goldsmiths College de l'Université de Londres.

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WASHINGTON, DC - 30 JANVIER: Le président américain Donald Trump prononce un discours au début d'une réunion avec les petites entreprises dans la salle Roosevelt à la Maison Blanche le 30 janvier 2017 à Washington, DC. Au cours de la réunion, Trump a annoncé qu'il annoncerait mardi soir son choix «incroyablement très respecté» pour remplacer feu la Cour suprême Antonin Scalia. (Photo de Chip Somodevilla / Getty Images)

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Welcome back to Thisu00a0Weeku00a0in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all.

n

The app industry is as hot as ever, withu00a0a recordu00a0204 billion downloads and $120 billion in consumer spending in 2019. People are nowu00a0spendingu00a0three hours and 40 minutes per day using apps, rivaling TV. Apps arenu2019t just a way to pass idle hours u2014 theyu2019re a big business. In 2019, mobile-first companies had au00a0combinedu00a0$544 billion valuation, 6.5x higher than those without a mobile focus.

n

In this Extra Crunch series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.

n

This week weu2019re continuing to look at how the coronavirus outbreak is impacting the world of mobile applications, with fresh data from App Annie about trends playing out across app categories benefiting from the pandemic, lockdowns and societal changes. We’re also keeping up with the COVID-19 contact-tracing apps making headlines, and delving into the week’s other news.

n

We saw a few notable new apps launch this week, including HBO’s new streaming service HBO Max, plus three new app experiments from Facebook’s R&D group. Android Studio 4.0 also launched this week. Instagram is getting better AR tools and IGTV is getting ads. TikTok got spammed in India.

n

Meanwhile, what is going on with app review? A shady app rises to the top of the iPhone App Store. Google cracks down on conspiracy theory-spreading apps. And a TikTok clone uses a pyramid scheme-powered invite system to rise up the charts.

n

COVID-19 contact-tracing apps in the newsu00a0

n

    n

  • Lettonie: Reuters this week reported that Latvia aims to become one of the first countries to launch a smartphone app, Stop Covid, using the new toolkit created by Apple and Alphabetu2019s Google to help trace coronavirus infections.
  • n

  • Australia: The role of the country’s Covidsafe app in the recovery appears to be marginal, The Guardian reports. In the month since its launch, only one person has been reported to have been identified using data from it. A survey even found that Australians were more supportive of using telecommunications metadata to track close contacts (79%) than they were of downloading an app (69.8%). In a second survey, their support for the app dropped to 64%. The app has been maligned by the public debate over it and technical issues.
  • n

  • France: The country’s data protection watchdog, CNIL, reviewed its contact-tracing app StopCovid, finding there were no major issues with the technical implementation and legal framework around StopCovid, with some caveats. France isn’t using Google and Apple’s contact-tracing API, but instead uses a controversial centralized contact-tracing protocol called ROBERT. This relies on a central server to assign a permanent ID and generate ephemeral IDs attached to this permanent ID. CNIL says the app will eventually be open-sourced and it will create a bug bounty. On Wednesday, the app passed its first vote in favor of its release.
  • n

  • Qatar: Serious security vulnerabilities in Qataru2019s mandatory contact-tracing app were uncovered by Amnesty International. An investigation by Amnestyu2019s Security Lab discovered a critical weakness in the configuration of Qataru2019s EHTERAZ contact-tracing app. Now fixed, the vulnerability would have allowed cyberattackers to access highly sensitive personal information, including the name, national ID, health status and location data of more than one million users.
  • n

  • India: India’s contact-tracing app, Aarogya Setu, is going open-source, according to Ministry of Electronics and Information Technology Secretary Ajay Prakash Sawhney on Tuesday. The code is being published on GitHub. Nearly 98% of the app’s more than 114 million users are on Android. The government will also offer a cash bounty of $1,325 to security experts who find bugs or vulnerabilities.
  • n

  • Swiss: Several thousand people are now testing a pilot version of Switzerland’s contact-tracing app, SwissCovid. Like Lativia, the app is one of the first to use Apple and Google’s contact-tracing API. Employees at EPFL, ETH Zurich, the Army and select hospitals and government agencies will be the first to test the Swiss app before its public launch planned for mid-June.
  • n

  • China: Chinau2019s health-tracking QR codes, embedded in popular WeChat and Alipay smartphone apps, are raising privacy concerns, Reuters reports. To walk around freely, people must have a green rating. They also now have to present their health QR codes to gain entry into restaurants, parks and other venues. These efforts have been met with little resistance. But the eastern city of Hangzhou has since proposed that users are given a color-coded health badge based on their medical records and lifestyle habits, including how much they exercised, their eating and drinking habits, whether they smoked and how much they slept the night before. This suggestion set off a storm of criticism on China’s Weibo, a Twitter-like platform.
  • n

n

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We continue to look at how the coronavirus outbreak is impacting the world of mobile apps, with fresh data from App Annie about trends playing out across app categories benefiting from the pandemic.

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VCs share their bets on the future of work"},"content":{"rendered":"

As tech companies like Twitter and Facebook gear up for longer-term remote work solutions, the future of work is becoming one of the more exciting opportunities in venture capital, Charles River Ventures general partner Saar Gur told TechCrunch.

n

And as loneliness mounts with shelter-in-place orders implemented in various forms across the world, investors are looking for products and services that foster true connection among a distributed workforce, as well as a distributed society.

n

But the future of work doesn’t just entail spinning up home offices. It also involves gig workers, freelancers, hiring tools, tools for workplace organizing and automation. The last couple of years have particularly brought tech organizing to the forefront. Whether it was the Google walkout in 2018 or gig workers’ ongoing actions against companies like Uber, Lyft and Instacart for better pay and protections, there are many opportunities to help workers better organize and achieve their goals.

n

Below, we’ve gathered insights from:

n

n

Saar Gur, Charles River Venturesu00a0

n

What are you most excited about in the future of work?

n

Future of work is one of the most exciting opportunities in venture.u00a0u00a0

n

Pre-COVID, few tech companies were fully remote. While it seems obvious in retrospect, the building blocks for fully remote technology companies now exist (e.g. high-speed internet, SaaS and the cloud, reliable video streaming, real-time documents, etc.). And while SIP may be temporary, we feel the TAM of fully remote companies will grow significantly and produce a number of exciting investment opportunities.

n

I donu2019t think we have fully grokked what it means to run a company digitally. Today, most processes like interviewing, meetings and performance/activity tracking still live in the world of atoms versus bits. As an example, imagine every meeting is recorded, transcribed and searchable — how would that transform how we work?u00a0u00a0u00a0

n

There is an opportunity to re-imagine how we work. And we are excited about products that solve meaningful problems in the areas of productivity, brainstorming, communication tools, workflows and more. We also see a lot of potential in infrastructure required to facilitate remote and global teams.

n

We are also excited by companies that are enabling new types of work. Companies like Etsy (founded 2005), Shopify (2004), TaskTabbit (2008), Uber (2009), DoorDash (2013) and Patreon (2013) have helped create a new workforce of entrepreneurs. But many of these companies are over a decade old and we fully expect a new wave of companies that give more power to the individual.

","protected":false},"excerpt":{"rendered":"

As tech companies like Twitter and Facebook gear up for longer-term remote work solutions, the future of work is becoming one of the more exciting opportunities in venture capital, Charles River Ventures general partner Saar Gur told TechCrunch. And as loneliness mounts with shelter-in-place orders implemented in various forms across the world, investors are looking […]

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best investment every digital brand can make during the COVID-19 pandemic"},"content":{"rendered":"

Intuitively, stores that sell online should be making a killing during the COVID-19 pandemic. After all, everyone is stuck at home u2014 and understandably more willing to shop online instead of at a traditional retailer to avoid putting themselves and others at medical risk. But the truth is, most smaller online stores have seen better days.

n

The primary challenge is that smaller shops often donu2019t have the logistics networks that companies like Amazon do. Consequently, theyu2019re seeing substantially delayed delivery timelines, especially if they ship internationally. Customers obviously arenu2019t thrilled about that reality. And in many cases, theyu2019re requesting refunds at a staggering rate.

n

I saw this play out firsthand in April. At that point, my stores were down 20% or in some cases even 30% in revenue. Needless to say, my team was freaking out. But thereu2019s one thing we did that helped us increase our revenue over 200% since the pandemic, decrease refund requests and even strengthen our existing customer relationships.

n

We implemented a 24-hour live chat in all of our stores. Hereu2019s why it worked for us and why every digital brand should be doing it too.

n

Avoid the common u2018unreachabilityu2019 frustration

n

When I started my first online store in 2006, challenges that bogged my team down often meant that my teamu2019s first priority became resolving those challenges so that we could serve our customers faster. But admittedly, when these challenges came up, it became more difficult to balance communicating with our customers and resolving the issues that prevented us from fulfilling their orders quickly.

","protected":false},"excerpt":{"rendered":"

Customers donu2019t just forget about the companies that treated them well u2014 and post-crisis, theyu2019ll be more likely to return to the vendors who gave them a good experience.

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startups can leverage elastic services for cost optimization"},"content":{"rendered":"

Due to COVID-19, business continuity has been put to the test for many companies in the manufacturing, agriculture, transport, hospitality, energy and retail sectors. Cost reduction is the primary focus of companies in these sectors due to massive losses in revenue caused by this pandemic. The other side of the crisis is, however, significantly different.

n

Companies in industries such as medical, government and financial services, as well as cloud-native tech startups that are providing essential services, have experienced a considerable increase in their operational demands — leading to rising operational costs. Irrespective of the industry your company belongs to, and whether your company is experiencing reduced or increased operations, cost optimization is a reality for all companies to ensure a sustained existence.

n

One of the most reliable measures for cost optimization at this stage is to leverage elastic services designed to grow or shrink according to demand, such as cloud and managed services. A modern product with a cloud-native architecture can auto-scale cloud consumption to mitigate lost operational demand. What may not have been obvious to startup leaders is a strategy often employed by incumbent, mature enterprises — achieving cost optimization by leveraging managed services providers (MSPs). MSPs enable organizations to repurpose full-time staff members from impacted operations to more strategic product lines or initiatives.

n

Why companies need cost optimization in the long run

","protected":false},"excerpt":{"rendered":"

The landscape shifts quickly, but managed services providers enable organizations to repurpose full-time staff members from impacted operations to more strategic product lines or initiatives.

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views on the future of retail and the shopping experience"},"content":{"rendered":"

The global spread of COVID-19 and resulting orders to shelter in place have hit retailers hard.

n

As the pandemic drags on, temporary halts are becoming permanent closures, whether itu2019s the coffee shop next door, a historic bar or a well-known lifestyle brand.

n

But while the present is largely bleak, preparing for the future has retailers adopting technologies faster than ever. Their resilience and innovation means retail will look and fee different when the world reopens.

n

We gathered four views on the future of retail from the TechCrunch team:

n

    n

  • Natasha Mascarenhas says retailers will need to find new ways to sell aspirational products u2014 and what was once cringe-worthy might now be considered innovative.
  • n

  • Devin Coldewey sees businesses adopting a slew of creative digital services to prepare for the future and empower them without Amazonu2019s platform.
  • n

  • Greg Kumparak thinks the delivery and curbside pickup trends will move from pandemic-essentials to everyday occurrences. He thinks that retailers will need to find new ways to appeal to consumers in a u201cshopping-by-proxyu201d world.
  • n

  • Lucas Matney views a revitalized interest in technology around the checkout process, as retailers look for ways to make the purchasing experience more seamless (and less high-touch).
  • n

n

Alexa, how do I look?

n

Natasha Mascarenhas

n

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While the present is largely bleak, preparing for the future has retailers adopting technologies faster than ever. Their resilience and innovation means retail will look and fee different when the world reopens.

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Natasha Mascarenhas is a reporter at TechCrunch covering early stage startups and venture capital trends. She also tracks the different networks that play into founder success, from loneliness to immigration. Before TechCrunch, Natasha reported on the same beat for Crunchbase News. She also has bylines in the Boston Globe, The San Francisco Chronicle, BostInno, and is proudly from New Jersey.

nn

Reach Natasha via e-mail at natasha.m@techcrunch.com or through DM on Twitter @nmasc_.

","cbAvatar":"https://crunchbase-production-res.cloudinary.com/image/upload/x9fberhwpqwxusvvlxfj","twitter":"nmasc_","_links":{"self":[{"href":"https://techcrunch.com/wp-json/tc/v1/users/133574362"}],"collection":[{"href":"https://techcrunch.com/wp-json/tc/v1/users"}]}},{"id":12084691,"name":"Devin Coldewey","url":"https://coldewey.cc","description":"","link":"https://techcrunch.com/author/devin-coldewey/","slug":"devin-coldewey","avatar_urls":{"24":"https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=24&d=identicon&r=g","48":"https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=48&d=identicon&r=g","96":"https://secure.gravatar.com/avatar/69fae9a8a3933fa91e81c086b8eee14a?s=96&d=identicon&r=g"},"links":{"homepage":"http://techcrunch.com/author/tcdevin","twitter":"http://twitter.com/techcrunch","linkedin":"http://www.linkedin.com/company/techcrunch","crunchbase":"https://www.crunchbase.com/person/devin-coldewey"},"position":"Writer & Photographer","cbDescription":"

Devin Coldewey is a Seattle-based writer and photographer. He first wrote for TechCrunch in 2007. He has also written for MSNBC.com, NBC News, DPReview, The Economist/GE's Look Ahead, and others.

nn

His personal website is coldewey.cc.

","cbAvatar":"https://crunchbase-production-res.cloudinary.com/image/upload/v1458774381/r4iwkrm6qsw3n2ximghe.jpg","twitter":"techcrunch","_links":{"self":[{"href":"https://techcrunch.com/wp-json/tc/v1/users/12084691"}],"collection":[{"href":"https://techcrunch.com/wp-json/tc/v1/users"}]}},{"id":5188242,"name":"Greg Kumparak","url":"","description":"","link":"https://techcrunch.com/author/greg-kumparak/","slug":"greg-kumparak","avatar_urls":{"24":"https://secure.gravatar.com/avatar/9b107c9f9a43a21d8c93fcdefcc97dcd?s=24&d=identicon&r=g","48":"https://secure.gravatar.com/avatar/9b107c9f9a43a21d8c93fcdefcc97dcd?s=48&d=identicon&r=g","96":"https://secure.gravatar.com/avatar/9b107c9f9a43a21d8c93fcdefcc97dcd?s=96&d=identicon&r=g"},"links":{"homepage":"http://www.kumparak.com","twitter":"https://twitter.com/grg","crunchbase":"https://www.crunchbase.com/person/greg-kumparak"},"position":"Editor","cbDescription":"

Greg Kumparak is an editor at TechCrunch.

nn

Greg started at TechCrunch in May of 2008. He led TechCrunch's sister site MobileCrunch as editor until AOL acquired the company in 2010, at which point the editors of TechCrunch's four main sites (TechCrunch, CrunchGear, MobileCrunch, TechCrunch UK) merged the sites under one domain.

nn

Best known for his gadget coverage, Kumparak has broken hundreds of stories within the space u2014 unearthing details on everything from abandoned Samsung smartphone prototypes to new Apple devices. He's also one of the Internet's most prolific "live bloggers", having reported from the scene at dozens of international events for live audiences in the hundreds of thousands.

nn

He was one of the earliest writers to highlight and report on a number of companies that have since become "unicorns" (reaching a valuation of $1B or more), including Zenefits and Twilio.

nn

Kumparak is a frequent guest on TechCrunch's Gadget, Apple, and Android podcasts, and often appears on stage as an interviewer or judge at TechCrunch's meetups and Disrupt conferences.

nn

In 2012, Greg was featured on the BBC, Wired, Mashable, Engadget and many other outlets for a side project he called the "tARdis", or the Augmented Reality TARDIS. By combining augmented reality with a handmade physical model, Greg was able to replicate the otherwise physically impossible "bigger on the inside" visual effect that commonly appears on television's Doctor Who series.

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Lucas Matney is a reporter at TechCrunch and has been covering emerging technologies and startups since 2015. He lives in San Francisco and can be reached via email at lucas@techcrunch.com

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The Indian government has rejected Flipkartu2019s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asiau2019s third-largest economy as one of the worst impacted by the global coronavirus pandemic.

n

The Department for Promotion of Industry and Internal Trade (DPIIT), a wing of the nation’s Ministry of Commerce and Industry, told Flipkart, which competes with Amazon India, that its proposed plan to enter the food retail business violates regulatory guidelines.

n

Flipkartu2019s proposed food retail business, called Flipkart FarmerMart, cannot be structured on a 100% foreign direct investment, the Indian agency said. Rajneesh Kumar, chief corporate affairs officer at Flipkart, told TechCrunch that the company was evaluating the agency’s response and intended to re-apply.

n

“At Flipkart, we believe that technology and innovation driven marketplace can add significant value to our countryu2019s farmers and food processing sector by bringing value chain efficiency and transparency. This will further aid boosting farmersu2019 income & transform Indian agriculture,u201d he added.

n

While announcing the plan to enter the nation’s growing food retail market, Kalyan Krishnamurthy, Flipkart Group CEO, said in October last year that the company planned to invest $258 million in the new venture.

n

Flipkart planned to invest deeply in the local agriculture-ecosystem, supply chain, and work with tens of thousands of small farmers, their associations, and the nationu2019s food processing industry, Krishnamurthy said.u00a0The food retail unit would help u201cmultiply farmersu2019 income and bring affordable, quality food for millions of customers across the country.u201d

n

Several e-commerce and grocery firms in India, including Amazon, Zomato, and Grofers, have previously secured approval from New Delhi, which earlier permitted 100% foreign direct investment in food and a handful of other sectors, for entering the food retail business.

n

The Indian government has since revisited the guidelines to clarify that food retail, like any other e-commerce sector, can only operate as a marketplace that allows third-party sellers to engage with buyers — and not offer their own inventories, nor have equity in any of the players who sell on the platform.

n

Food and grocery are compelling categories for e-commerce businesses in India as it enables them to engage with their customers more frequently. According to research firm Forrester, India’s online food and grocery market remain significantly tiny, accounting for just 1% of the overall sales.

n

In the most recent quarterly earnings call, Walmart said limited operations at Flipkart had negatively affected the group’s overall growth. New Delhi announced one of the world’s stringent lockdowns across the nation in late March that restricted Amazon and Flipkart from delivering in many states and only sell “essential items” such as grocery and hygienic products.

n

India maintains the stay-at-home orders for its 1.3 billion citizens, though it has eased some restrictions in recent weeks to resuscitate the economy.

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The Indian government has rejected Flipkartu2019s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asiau2019s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal […]

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