MUMBAI: Amazon is leading a $12-million funding round in online-only insurance startup Acko General Insurance, as the e-commerce major takes a bet on the financial services segment in India. Ashish Dhawan, the founder of private equity fund ChrysCapital, has also joined the latest round, along with existing investor N R Narayana Murthy’s Catamaran Ventures.

NEW DELHI: Gone are the days when you could return your Amazon orders as you like, now it might get you banned from the brand’s service. As per the latest update, Amazon recently banned consumers from making purchases on their site for practices like returning too many items.

After Steven Yang left his coveted job at Google, he asked his mother whether he should take venture-capital money to fund his business idea.

If his online consumer-electronics enterprise was a risky bet, she told him, go with the venture capitalists. But if building the business into something great was his destiny, he instead should use her money from a pharmaceutical career in China.

World’s richest man and only centibillionaire Jeff Bezos has a simple success mantra: If you don’t want to be misunderstood, then don’t do anything new or innovative. What he really suggests is that one has to stand firm on her/his ideas and convictions even when others express doubt.

Abdul Gafur Khatri lives on the fringe of great salt marshes in far western India. He doesn’t own a smartphone. He’s never surfed the web. Still, the 53-year-old thinks the internet may be his last hope of reviving a fading art called Rogan that’s been passed down through eight generations of his family.

BENGALURU: Ravi Venkatesan, the former Infosys cochairman, is discussing a potential offer to join US ecommerce giant Amazon in its India business in a senior role, said two sources familiar with the matter. Venkatesan, who has earlier also served as the head of Microsoft India, could join as either a board member, chairman or a senior advisor at Amazon India, the sources said.

World’s richest man and Amazon’s top boss Jeff Bezos is against the concept of work-life balance, and calls it a ‘debilitating phrase.’ He prefers work-life harmony instead. “I get asked about work-life balance all the time. And my view is, that’s a debilitating phrase because it implies there’s a strict trade-off,” Jeff Bezos said.

San Francisco: Amazon.com Inc. has stopped buying a popular type of Google ad, according to people familiar with the decision. The move deepens the rift between the technology titans and signals Amazon’s growing ambition in the digital advertising market.

The pullback affects highly coveted real estate at the top of Google search results, where retailers and e-commerce bid and pay handsomely to place colourful, image-rich ads that show up when consumers look online for running shoes, headphones and other products to buy.

BENGALURU: When Amazon began operations in India in 2013, it decided it needed to be aggressive and not repeat the mistakes it made in China. The online commerce giant also realised its global playbook that had served it well in developed markets such as Germany and Japan would not work in India.

After losing out to Walmart in acquiring online marketplace Flipkart, Amazon’s Chief Executive Jeff Bezos is keen to show that he still means business in India and has charged up the company’s local e-commerce unit with fresh funds.

After losing out to Walmart in acquiring online marketplace Flipkart, Amazon’s Chief Executive Jeff Bezos is keen to show that he still means business in India and has charged up the company’s local e-commerce unit with fresh funds.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.