i 7 i 1 i 4 As it stands now, China is the largest e-commerce market, followed by the U.S., but India is the fastest-growing online retail market. A study by of Forrester Research estimates that about one-fifth of global online retail sales will take place in Asia Pacific by 2021, with a sizeable share in India. eBay has announced that it will invest $500 million USD to cede its activities in India (eBay.in) to Flipkart , the leading player in e-commerce in India and Amazon’s direct competitor. Flipkart has also entered into the partnership to make eBay’s giant “stock” more accessible and to allow global buyers to have access to items offered for sale via Flipkart. Other than eBay’s investment, Flipkart also raised $700 million USD from China’s Tencent, and another $200 million USD from Microsoft. The total $1.4 billion USD fundraiser is a record for an Indian tech company that pushes Flipkart’s value to $11.6 billion USD. After acquiring rivals Myntra for $300 million USD and Jabong for $70 million USD and Flipkart’s deal with eBay, Flipkart would be able to counter the other two major e-retailers in India, Amazon and Alibaba, and continue to foster its leader position in the Indian e-commerce market.

Founded in 2007, Flipkart faces tough competition, especially from Amazon, which intends to invest heavily in India. In addition to the $2 billion USD invested by Amazon in 2014, last year, Jeff Bezos announced a massive investment plan of $3 billion USD in India. For its part, Alibaba, which is active in pushing its presence beyond China, naturally sets its focus on the growing Indian market. bean bag chair from shark tankLast month, Alibaba, through its payment affiliate Alipay, will invest about $177 million USD in the Indian PayTM , of which it will hold a 40% stake.stair chair lift philadelphia India–with an online sales forecast to reach $64 billion USD by 2021 according to Forrester–is already an attractive marketplace for major brands all over the world.buy captain kirk chair

After China, it is next India that will surpass the United States in the number of active Internet users. According to a report by the United Nations Commission on Digital Development, India, with 333 million users, is now the second-largest Internet market by the number of users after China (721 million) and before the US (300 million).massage chair zero gravity sale i 7 i 1 i 4chairs for hire milton keynesE-commerce major Flipkart on Monday, August 31, 2015 launched its instant refund mechanism facility, a move that will help its customers get refunds as early as within 24 hours of returning the product. table and chair rental pasadena mdPreviously, the refund process used to take three to five business days.jolly kidz baby bear high chair price

"Continuing the innovation journey by announcing this newly launched payment mechanism, Flipkart aims to ensure that refunds for Cash on Deliver (CoD) orders are credited back to customers instantly, as soon as the product reaches the Flipkart hub," Flipkart said in a statement.used dental chair in bangalore The instant refund will be completed using Immediate Payments System (IMPS) transfers, it said adding that the CoD IMPS return facility is currently active for banks having IMPS transaction capability.wheelchair used for sale craigslist Entitled customers will be regularly notified about the status of their refund via SMS and emails, it said. "Our return procedure is already one of the fastest in the country. In the last two months, we have extended this further by piloting the IMPS refunds programme, which has seen positive adoption and traction from our end users," Flipkart Chief Product Officer Punit Soni said.

An instant, hassle-free refund experience, combined with consistent and accurate communication to the customer is definitely going to be a breakthrough, and a way forward for all future payment innovations, he added. "We strongly feel that enabling our fast-growing product IMPS with Flipkart's quicker refund strategy will create a benchmark experience to customers," National Payments Corporation of India (NPCI) COO Dilip Asbe said. Transactions on IMPS can be accessed and initiated across different channels like mobile phones, PCs, NUUP, ATM and at bank branches. More than 12 million successful transactions are been processed every month, Asbe said. I don’t know about replacement but getting a refund for a prepaid order is an easy process but the money is not going to reach you soon. Go to your order and click on return the package. It will show a list of reasons. You can select one or you can write your own and as soon as it is processed a flipkart agent will come to your address to collect the package.

Return the package (Make sure the package retains all the products that came in and the bill too). He’ll ask for your signature and on doing it your returning of package is done. The process of getting a refund starts after this. Usually this takes 7 to 15 days to get the money in your account. More delay can also be caused by your bank. If it is a cash on delivery product, i think your money is stored in flipkart account for you to buy something else. You can get it back by providing your Bank account number. Unless and until your product falls under replacement category you can always get the same replaced as the policy. There are many clause which you need to justify before the return is processed, and ideally the technical team will contact you to understand the level of damage. After the checklist/questionnaire is completed, the team provides a solution to user. In case the product is repairable, the user is asked to contact seller directly, and the further assistance will be provided.