eCommerce, retail & mobile news recap for 10th January 2017


1. Kalyan Krishnamurthy to be Flipkart’s new CEO; Sachin Bansal to remain group chairman
2. #eSecurity start-up Securens gets funding from Mayfield Fund, Trifecta
3. Kae Capital plans to invest in up to eight #startups in 2017
4. Diamond jewellery market: #India to pip #Europe by 2020 on demand from rich millennials
5. #Fashion marketplace CoutLoot buys Once Again Store
6. Number of #online shoppers may cross 100
7. Flipkart slashes Myntra budget to compete with Amazon India

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