Top execs at Amazon and Line’s India businesses are quitting

india-tech

India is front and centre for most tech companies right now due to its powerhouse economy, expected to become the world’s second-largest smartphone market behind China by 2020, and it’s absurdly huge population — and like China, it’s hard for outsiders to really grasp just how big this place is.

That’s why eyebrows are being raised over the weekend at news that top execs from two major foreign tech giants with big investments in India have been quitting.

Amazon India’s lifestyle and fashion head, Vikas Purohit, has “moved on for personal reasons,” the company told The Economic Times in a statement. Meanwhile, two top execs at Line, Japan’s hugely popular mobile messaging app that has been trying to push into emerging markets, have quit the India business to do their own startup.

From VentureBeat

Use psychology to sell? Old hat. Combined with marketing automation, personalization is as close as you can get to sales hypnotism. Register today!

In a statement given to the Times, Line’s business head for India, Damandeep Singh, said, “Over the past couple of years, Rajat and I got a chance to see a lot of business models explode on the mobile front in the Japanese and Korean market. No one monetises mobile like the way it happens in Japan.”

“We identified some unique opportunities that can be beneficial to the Indian market, with a bit of a desi touch, and there exists a gap in the market right now on content consumption. So we tried to address that in our new business,” he added. Without saying what specifically that new business is, all we know right now is that it will be a “content-based app.”

We have reached out to Line for further comment. Amazon India has still not replied to our request for comment.

As to Amazon’s statement, it was more vague and corporate: “Vikas Purohit has moved on from Amazon.in for personal reasons. [He] built a strong fashion business for Amazon.in from scratch. Since the launch of the fashion category in September 2013, the fashion store has emerged as one of the top three stores on Amazon.in, both in terms of volume and value.”

Amazon India’s vice president of global vendor management, Susan Saideman, is expected to take over the fashion business until the company can “identify a new leader.” It will want to do so quickly: it’s facing increased competition from local rivals on a number of fronts.

The truth is that Purohit’s resignation will sting — he was considered “one of the four pillars of Amazon India,” with fashion and lifestyle “one of the best possible growth engines for ecommerce companies in India,” according to the newspaper.

As for Line, the company is known to be eying opportunities in emerging markets like India. Last month, it rolled out a “Lite” version of its mobile messaging app that is less data-heavy for users on cheaper price plans, and updated its Android app with a new focus on low-cost calling. But it’s still facing uncertain times as it yet again delayed an IPO due to poor market conditions.

In any case, India is a market that waits for no one. Both companies will want to sort out their top ranks quickly, and do their best to keep them in going forward.

More information:

Powered by VBProfiles

VB’s research team is studying web-personalization… Chime in here, and we’ll share the results.



All articles

Web based businesses and cloud computing?

Question by Twzted Love Photography: Web based businesses and cloud computing?
In your opinions what do you think will be some major benefits with the innovations of cloud computing when tied into your web based business? And by this I don’t necessarily mean physical product business, but even things like graphic design companies, freelance companies, anything that offers a applicable service/product accessed through the web.

What about your opinions on the drawbacks and/or disadvantages? I wanna hear your thoughts as this has been a crossroads for me in a self debate whether to move from a physical server to VM.

Best answer:

Answer by Basant
For any business which is contemplating a move on the cloud may check for the following thumb rule.

— Seasonal traffic
— Unpredictable (or predictable) burst of traffic
— A start-up that needs to save upfront expenses (of server, hardware etc)

The following application classes are not a good fit for Cloud:-
— Real time s/w
— Bulk-data at subscriber end

What do you think? Answer below!

Small businesses 'driving cloud hosting growth'

Small businesses 'driving cloud hosting growth'
By contrast, just 18 per cent expect consumer subscriptions to be the primary source of cloud hosting expansion. OnApp's chief executive Ditlev Bredahl said adoption is being driven by small businesses focused on application and web development.
Read more on Global Gold Internet Services

Alert Logic and Datapipe Release Fully Managed Advanced Network Security Solution
By MyHostNews.com Web Host News – HOUSTON and JERSEY CITY, NJ – Alert Logic, the leader in delivering Security-as-a-Service for the cloud, today announced the limited availability of the first fully managed advanced network security solution in Amazon
Read more on MyHostNews.com (press release)

Web Host 8×8 Names Director of Federal Sales
By supporting a sales initiative directed towards government organizations, web hosts are in a better position to win the contracts and take advantage of the government's move to cloud services. At the beginning of August, web host Horizon appointed
Read more on Web Host Industry Review

Q&A: Dome9’s Dave Meizlik Discusses Multi-Platform Cloud Security Service
With security built into every hosted and cloud server, Dome9 automates and centralizes cloud server security across web hosting and cloud providers with dynamic policy controls to automate security. At the core of Dome9 is its Secure Access Lease
Read more on Web Host Industry Review (blog)