Amidst all the talk that Flipkart.com has been generating online, we have come to know that the daddy of the business model around which Flipkart.com revolves, is going to launch it's business operations soon in India. Yes, we are talking about Amazon.com. You may be aware of the fact that the founders of Flipkart.com are ex-employees of Amazon.com.
This is certainly a big news for all Indian consumers who love to shop online as Amazon.com has a vast inventory of products in their online stores and users generally get the best deals on the website. This also means a lot for the existing Indian e-commerce players like Flipkart.com & Infibeam.com, who have already made a niche for themselves and now they need to be a bit more cautious about their next moves.
Amazon has already started building it's business team in India and is currently in the process of hiring business graduates from IIM, ISB and the ones who have good earlier exposure to retail in the online domain. As expected, Amazon.com is starting out with selling Books online in India. They have already hired one Madhu M, who was a top official at Landmark prior to joining Amazon (LinkedIn profile - need login to view), to head the online books operation in