Is ElasticRun a startup?
ElasticRun is the sixth startup to gain unicorn status in 2022. Last month, social commerce startup DealShare, HR tech startup Darwinbox raised fresh funds at over $1 billion valuation. The list also includes edtech startup LEAD, analytics solutions provider Fractal and Baby and mother care brand Mamaearth.08-Feb-2022
Is ElasticRun a good company to work for? ElasticRun has an overall rating of 4.1 out of 5, based on over 229 reviews left anonymously by employees. 84% of employees would recommend working at ElasticRun to a friend and 87% have a positive outlook for the business.4 days ago
Why would you want to work with ElasticRun?
The management is good and learning is there. The people who want to start their career, the company is very good for them. Job security is issue and payment scale is also less.
ElasticRun was founded by Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam in 2016. The company's existing investors include Prosus Ventures (formerly Naspers Ventures), Kalaari Capital and Avataar Ventures.17-Feb-2022
Is ElasticRun product based company?
ElasticRun is a B2B eCommerce platform for rural India Opening up newer possibilities for brands to make their products available to rural consumers. ElasticRun extends the reach of the brand's direct distribution networks to deep rural markets.07-Mar-2022
ElasticRun acts as a distribution arm of fast-moving consumer goods (FMCG) companies, reaching over 10 million Kirana stores in India through crowdsourced logistics networks which enables e-commerce access to over 100 million customers, according to its website.08-Feb-2022
What is ElasticRun business model?
ElasticRun network helps eCommerce companies reach the customers in far flung rural areas through its crowdsourced logistics network. The rich transaction data generated on ElasticRun platform enables financial institutions to bring in a large number of rural stores as their SME customers.
Kirana commerce platform ElasticRun became a unicorn at the start of last month after scoring a mammoth $300 million funding round from Softbank.03-Mar-2022
Who is the CEO of ElasticRun?
Sandeep Deshmukh
Bengaluru: Business-to-business (B2B) e-commerce platform ElasticRun's revenue grew 2x to Rs 1,087 crore in FY21, financial details sourced from business intelligence platform Tofler showed. Its revenue was Rs 510 crore in FY20. Losses widened 10% to Rs 101 crore in FY21 from Rs 91 crore in the previous financial year.04-Mar-2022
Which company has bagged $10 mn funding to diversify content offerings?
Audio OTT platform Headfone secures $10M in Series B round Headfone currently offers content in Hindi. The new funds will be used to diversify content offerings across languages and to expand across genres, it said in a statement.19-Apr-2022
Related diversification occurs when a firm moves into a new industry that has important similarities with the firm's existing industry or industries (Figure 8.1). Because films and television are both aspects of entertainment, Disney's purchase of ABC is an example of related diversification.
What makes related diversification an attractive strategy?
What makes related diversification an attractive strategy? The greater the relatedness among a diversified company's sister businesses, the bigger a company's window for converting strategic fits into competitive advantage via by capturing strategic benefits.
Diversification Strategies
Is diversification good or bad?
Diversification can lead into poor performance, more risk and higher investment fees! The word “diversification” usually makes investors feel safe. But, does it give a false sense of security and lead to investment mistakes? It's hard to argue with the common sense behind diversification within the investment process.06-Jan-2020
Diversification is a technique that reduces risk by allocating investments among various financial instruments, industries and other categories. It aims to maximize return by investing in different areas that should each react differently to changes in market conditions.
What companies use diversification strategy?
Examples of Horizontal Diversification
Which of the following is the best example of related diversification? stem from cost-saving strategic fits along the value chains of related businesses.
What are the three 3 reasons firms choose to diversify their operations?
There are four most often cited reasons for diversification: the internal capital market, agency problems, increased interest tax shield and growth opportunities.
Diversifying carries the risk of diluting your gains as well as your losses. For example, if you own 50 stocks and one of them doubles, it only amounts to a total gain of 2 percent in your overall portfolio, rather than 100 percent.29-May-2019
What is growth strategy?
A growth strategy is an organization's plan for overcoming current and future challenges to realize its goals for expansion. Examples of growth strategy goals include increasing market share and revenue, acquiring assets, and improving the organization's products or services.
Is ElasticRun a startup?