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While Flipkart initially announced its Big Billion Day sale between October 7 and 12, Amazon announced The Great Indian Festival sale from October 4.

The holiday season is just around the corner, and Amazon and Flipkart’s annual online festive sales are expected to begin at the end of this week. While Flipkart initially announced its Big Billion Day sale between October 7 and 12, Amazon announced The Great Indian Festival sale from October 4. However, given the intense competition, both companies will now begin sales on October 3.

Last week, Redseer predicted that festive online sales this year will reach a gross market value of $ 4.8 billion in the first week alone, which would represent a 30% year-over-year growth. other. To talk about it, CNBC-TV18 met Ujjwal Chaudhry, Redseer’s associate partner.

Community health and fitness platform Fittr recently raised $ 11.5 million in a Series A funding round co-led by Dream Capital, the Corporate Venture Capital and M&A arm of Dream. Sports, and Elysian Park Ventures, the private investment arm of The La Dodgers Ownership Group.

Existing investor Sequoia Capital in India also participated in the funding round. To talk about the growth of the company and the way forward at Fittr, its founder and CEO, Jitendra Chouksey, and Nikhil Bahel, managing partner, Elysian Park Ventures spoke with CNBC-TV18 ‘s The Startup Street team.
Meanwhile, the payments and banking solutions company API Cashfree now processes transactions worth $ 20 billion a year. Mugdha Variyar of Startup Street met co-founder and CEO Akash Sinha and asked him the reason for entering this crowded space.

For all interviews, watch the accompanying videos

First publication: STI

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