Showing posts with label SyberPlace. Show all posts

Wednesday, 23 March 2016

SyberPlace’s drop shipping model

How SyberPlace’s drop shipping model is ensuring prompt consumer order fulfillment

Ties-up with leading logistics players such as Bluedart, Ecom Express, Go Javas, Gati, and Aramex

New Delhi, March 22, 2016: Imagine placing an order online at 10 in the night and receiving the delivery at 10 in the morning. Sounds too far-fetched? Not anymore. SyberPlace, a Webstore that sells digital technology such as smartphones, laptops, tablets and accessories, is ensuring prompt order fulfillment for its consumers across India.

But how does it do it, when other leading e-commerce players take much longer to deliver the consumer purchase? The answer lies in its approach. Unlike e-commerce marketplaces which store items within their warehouses for shipment, SyberPlace follows a drop shipping model that directly dispatches order from vendor to customer’s location. This helps in drastically cutting down on the dispatch time, leading to product delivery within 24 hours in tier-1 cities.

Speaking on the model, Urvesh Goel, Founder and CEO, SyberPlace.com, said, “The delay in order fulfilment is one of the major drawbacks of the online marketplace business model and leads to a gap in the consumer’s purchase experience. This is why we chose a drop shipping approach to ensure a quick, efficient product delivery and a more seamless customer experience.”

This efficiency of product delivery is also driven by SyberPlace’s strategic partnerships with leading logistics partners such as Bluedart, Ecom Express, Go Javas, Gati and Aramex, as well as its extensive service network. The webstore currently owns warehouses in Hyderabad & Bangalore in addition to tie-ups with vendors across major commercial hubs such as Delhi and Mumbai, and delivers to more than 7000 pin codes across India, including tier-3 and tier-4 cities.

“We have always believed that geographical location should not hinder a consumer’s access to the latest technology, which is why we have partnered with major logistics players to extend the breadth of our services to even those areas where other e-commerce players do not operate. Currently, the majority of our orders come from tier-1 and tier-2 cities, which contribute 60% and 20% respectively to our overall sales, while tier-3 and tier-4 geographies also pitch in with 15% and 5% respectively.

As technology adoption within these areas increases, we will be looking to further improve our service delivery network to match the increase consumer demand,” concluded Spokesperson.

Source from:

http://www.apnnews.com/2016/03/22/how-syberplaces-drop-shipping-model-is-ensuring-prompt-consumer-order-fulfillment/
http://www.thisweekdelhi.com/how-syberplaces-drop-shipping-model-is-ensuring-prompt-consumer-order-fulfillment/
http://newssuperfast.com/2016/03/22/how-syberplaces-drop-shipping-model-is-ensuring-prompt-consumer-order-fulfillment/
http://www.suryaa.com/news/business/article.asp?contentId=240123

Friday, 18 March 2016

Smartphones Trend in 2015

Most Searched Smartphones in 2015

Buy Smartphones Online at Lowest Price With Free Shipping within 24 hours at SyberPlace.com. Best Featured and Latest Android Smartphones with cashback and discounts on all Major Brands.

According to Google trends:

Google Trends: Which smartphone did India search for the most in 2015?

#Google Trends

By tech2 News Staff / 18 Dec 2015 , 12:34

This year, we saw smartphone launches literally, every week! Companies such as Apple, Samsung, Micromax, Motorola, Lenovo and others offered an endless list of devices in India. Most of them, were affordable smartphones this year. We take a look which smartphones India was searching for via Google in 2015.

It wasn’t the iPhone. Nor was it Samsung or Xiaomi. The most searched smartphone in India in the year 2015 was the YU Yureka. Offering a 5.5-inch display, this device packs in a Qualcomm Snapdragon 615 SoC which has an octa-core processor clocked at 1.5GHz along with Adreno 405 GPU paired with 2GB of RAM. Running Cyanogen 12 OS based on the Android 5.0.2 Lollipop, the smartphone packs in a 2,500 mAh battery. With high-end specifications, the device is priced at a mere Rs 8,999, making it one of the hottest selling and searched devices this year.

Like it or hate it, everyone admires Apple’s signature iPhone. Just 3 months into its launch, the iPhone 6s makes it second the most searched smartphone of the year. Not only does it look great, it is said to have incorporated a new processor, 3D Touch feature along with a quicker Touch ID sensor. The cheapest variant for the device starts at Rs 45,999. You can read our detailed review of the iPhone 6s Plus, which is a large screen variant of this generation.

Being touted as a ‘KillerNote’, the Lenovo K3 Note was the third most searched smartphone this year. Even though a limited lot got their hands on the phone due to its competitive flash sales, the smartphone was a big hit in the country. Lenovo offered a stylish look, beautiful display, light weight along with a strong performance, all at Rs 9,999.

Another smartphone, which made heads turn this year was the Lenovo A7000. This was truly a budget phone and it struck a cord with all fans. It also offered a large screen display with a powerful processor with a good camera and a wide range of connectivity options. All this at Rs 8,499.

Moto G lands in at number 5 on the most searched smartphone on Google this year. The third iteration to the Moto G, offers the best overall user experience on an Android phone available in the market today. With a starting price of Rs 12,999, the smartphone offers a sturdy build quality and is dust and water resistant. Here’s our full review of the Moto G third gen.

Another Micromax phone which was searched intensely this year was the Canvas Sliver 5. Along with a stylish design, the phone is super slim. With a screen size at 4.7-inch, the smartphone uses a 1.2GHz octa-core Qualcomm Snapdragon 410 processor, 8MP rear camera with LED flash and a 5MP front camera. While it launched at Rs 17,999, you can now get the phone for under Rs 13,000.

Samsung’s only phone to make it to the list in the Galaxy J7. Not only does the affordable device pack in a good display but it is said to have brilliant battery life along with a good touch experience. Apart from this, the camera for the Galaxy J7 is said to be superb as it offers great low light images. All in all, a good package at Rs 14,299.

Another Motorola smartphone which made headlines this year was the Moto X Play. The great overall user experience, good camera, good battery life and a wonderful display; clearly makes this phone one to consider if you have a Rs 20,000 budget. The Moto X Play is priced at Rs 18,499 for the 16GB variant and Rs 19,999 for the 32GB variant, which is very sensible pricing for the performance you are getting. The kind of user experience you are getting with the Moto X Play and the wonderful battery life, and the fact that you can buy the phone without any hassles of invites or flash sales, the Moto X Play comes highly recommended!

Micromax introduced the Canvas Spark in April while the Canvas Spark 2 was introduced in September. The main highlight for these devices is that they are priced under Rs 5,000! While the first iteration offers a 4.7-inch display, 1.3GHz MediaTek MT6582 processor, 8MP and more at Rs 4,999, the second gen one offers even better specs at Rs 3,999. With a slim body finish and decent specs, this one might be the most affordable smartphone out there.

At number 10 of the most searched smartphone list of 2015 is the Lenovo A6000. At 6,999, this smartphoneis the cheapest 4G phone you can buy. As a stand-alone entry level phone, the A6000 ticks the right boxes. The 5-inch HD display will be liked by many over the 4.5-inch qHD display on the Moto E, for instance. It makes for a good first smartphone purchase. It is priced at Rs 6,499.

Thursday, 10 March 2016

Syberplace.com to offer seamless online transactions

SyberPlace that sells digital technology such as Smartphones, laptops, tablets and accessories recently announced its partnership with four major payment gateway providers. SyberPlace's move to partner with PayU, Pay with Amazon, CitrusPay and ICICI merchant services will enable a better transactional experience for the webstore's customers.

Speaking on the announcement, Urvesh Goel, Founder and CEO, SyberPlace said, "With the world rapidly going digital, we are seeing a wholesale adoption of technology in everyday life. Consumers today are essentially digital-first and are increasingly looking to their smart devices for fulfilling their purchase requirements."

"We have partnered with payment gateway providers with a proven track record in order to suit our consumer's shopping behavior and are employing the tools to make the user purchase experience more wholesome and hassle free," added Goel.

PayU India, the flagship company of the Naspers Group, is an online payments solutions company serving the Indian market, and allows businesses and users to transact online via credit card, debit card, net banking, digital wallets and the checkout technology.

Amazon Payments, Inc, on the other hand, is a wholly owned subsidiary of Amazon.com that provides consumers, businesses and developers with a means to process transactions online through several products, while Citrus is known to make digital payments and online checkout processes simpler, faster, safer and easier for an 800 million strong electronically connected user base.

SyberPlace thus aims to enhance customer engagement for its webstore by enabling faster, reliable and convenient transactions for its users with the recent move of tying up with these leading payment gateway providers. (ANI)

Source From:

Tuesday, 1 March 2016

Budget 2016 Fails To Bring Cheers To IT Industry

The IT industry was pinning much hopes on the Union Budget 2016-17. From rollout of GST implementation to domestic manufacturing, the industry was looking for a futuristic Budget that understands and addresses their concerns. The end however was a little dissapointing, with many even stating that the Budget didn’t have much to offer to them.

Lack of clarity disappoints CXOs

“My first reaction is of a bit of disappointment from the budget proposals. There is hardly any thing announced for the healthcare sector. Though the coverage of rupees one lac per family and a top up of 30,000 for senior citizens is a good move towards getting India towards a universal healthcare system but there is no roadmap laid for any healthcare sector reforms that the country badly needs,” Vipul Jain, CEO, Advancells commented on the Budget.

According to him, there is no additional announcement or clarity towards the proposals already made in Start up India and Make in India initiatives of the government that are already announced nor there are any incentives for innovation and research. “Some tax exemptions are a welcome move but we had expected a lot more,” stated Jain.

Govind Bansal, Co- Founder, Aqua Mobiles, amobile manufacturing company said, “Apart from 30-35 percent relaxation in the corporate tax and a reduction in the import of IT and Hardware products, there is nothing to boost the mobile phone industry of India. We were expecting some good reforms in the structural changes, easy registrations and approvals, etc. The budget is not in the line of ‘Start-up India, Stand up India. Nothing has been offered to the manufacturing and trading businesses.”

Urvesh Goel, Founder and CEO, Syberplace.com echoed similar views. “We do not see Excise exemption for smartphones, to support Digital India and Make in India. Smartphone is the ‘first screen’ for many users accessing internet. This would have reduced pressure on civil infrastructure and propel growth from within. We also had foreseen a larger budget outlay for rolling out 4G and Wi-Fi in smart cities, to be subsidized, if not make them absolutely free. This could reduce the pressure on roads, in shopping malls and reduce gas pollution from vehicles. If homes can double up as home office and shopping, we could reduce investment requirement for commercial property. ”

“The Finance Minister reiterated the Government’s focus on rolling out GST. We are hopeful that GST will be a reality soon, thereby ensuring uniformity in tax rates and regulations,” mentioned Kiran Murthi, CEO, AskmeBazaar

Of course there were some positives about the Union Budget that are worth praising. The thrust on agriculture, rural, social healthcare, infrastructure and education could have a big push on the economic growth of India. Moreover, as Geetha Kannan, Managing Director, The Anita Borg Institute (ABI) India noted, “The allocation of Rs 500 cr under the Stand-Up India scheme for SC/ST and women entrepreneurs is very positive. Now it’s up to all the women entrepreneurs out there to capitalize on this opportunity.” However, she expressed that the budget still seems to fall short on benefits and incentives offered to improve the financial well-being of women who make up close to half of our population. The budget also offers very little for the individual tax payer.”

M.P Vijay Kumar, CFO, Sify Technologies Limited believes while some of the steps taken towards tax administration and social welfare measures are positive highlights of this Budget, one is surprised to see no change in service tax rate. “We have managed fiscal deficit owing to the oil scenario. Capital asset formation is not happening and we are not seeing much measures in that direction. Exports are key. With present exchange rates and the “Make in India” campaign, exports should have been given some thrust. We cannot bank on present oil prices to support our forex needs in long run.”

Nothing for the big ones

The major focus of the budget is infrastructure and rural economy. As Dr. Chandan Chowdhury, Managing Director-India, Dassault Systemes noted, “We believe that program such as Digital India, Start-Up India and Smart Cities need a strong technological infrastructure that must be supplemented with budgetary support from the government. The Rs. 2.31 lakh crore earmarked for the infrastructure aligns well with the vision to build connected cities via highways and railways.”

The other positive was startups would get 100% tax exemption for 3 years except MAT which will apply from April 2016-2019 for creation of jobs. “It will be interesting to see how efficiently the Start Up India funds are utilized - this will definitely be something all startups and investors will be watching out for. Skill Development and Digital Literacy Mission are not only great social initiatives, but will also widen the addressable market for digital startups as making the internet accessible to the masses will also create more internet consumers,” stated Ankita Tandon, Chief Operating Officer, CouponDunia.

But again there’s not much for established start-ups. “We appreciate the EPFO benefits to startups and tax holiday provided to help the start-ups settle well. While some efforts by the government are really appreciated, its disheartening to see categorization of start-ups basis caste!. Additionally, there is not much that this budget has brought for already established / registered start-ups like us.” Anurav Rane, Founder & CEO of PlanMyMedicalTrip.com reacted on the budget.

Banking on digital literacy

The Government’s plans to launch digital literacy mission scheme for rural India. It aims to cover around 6 crore additional households in next 3 years. The FM announces Rs 500 crore for Prime Minister Modi’s StandUp India initiative. A Digital Depository to be established which will be a one-stop place for all education related e-certificates.

Schemes like the digital literacy mission to e-educate rural households will work towards bringing more and more Indians into the folds of the connected world, said Umang Bedi, Managing Director – Adobe South Asia. Initiatives like the creation of an online repository of qualification documents, an e-platform for an unified agriculture market and other such measures will ensure robust IT platforms are deployed towards furthering automation - advancing the government’s Digital India mission in earnest. We expect this to translate into more business opportunities in the IT sector locally, and also drive skills development as well as creation of new jobs across the industry. Additionally, some reductions announced in customs and excise duties are likely to bring in positive headwinds for the sector.

Pramod Saxena, Chaiman & MD, Oxigen Services, ”With digital literacy mission that has been announced which will target 6 crore households with financial literacy, the digital connect and payments connect will play an important role. Also, statutory status to Aadhaar will play a very big role in promoting digital payments, social benefit transfers and allowing several services beyond banking & insurance to be also be brought into its fold, whether it is government subsidies or government payments it will open a way for more government payments and subsidies to flow into the financial inclusion program.”

The silver lining

Of the other positives, the Budget promises massive rollout of ATMs and micro-ATMs in post offices. The Department of Posts (DoP) announced plans to open 1,000 ATMs by March this year and also bring all 25,000 departmental post offices under core banking system. Presenting at the Union Budget today, the government announced it will undertake a massive rollout of ATMs in post offices over the next three years by providing better access to financial services in rural areas.

There’s also scope of e-assessment to be expanded to seven mega cities. However, Rajiv Vij, MD & CEO, Carzonrent said “Though the ‘Smart City’ development is running behind schedule, but the focus on infrastructure Development is a first step in that direction, and can be built on it further. FM’s push to the ‘Skill Development’ initiative as an element of ‘Make In India’ is a positive step in creating skilled workforce important for overall nation building.”

Articulating some of the above-mentioned points, Partha Iyengar - VP & Gartner Fellow, Country Manager Research (India), Gartner mentioned, “The budget has a number of positives in it - though in some cases they are ‘baby steps’ but he summed up, “As always though, the devil is in the implementation of these schemes. It is good to see a mention of review of program effectiveness as one of the goals in the budget, but till we see that followed up religiously it is hard to give it credence.”

Budget reactions: On women entrepreneurship, tax laws, R&D & more

Here’s looking at what Indian companies and startups have to say about Budget 2016-17:

Ecommerce companies:

– Anurag Avula, founder and CEO, Shopmatic – “.. In totality we are quite pleased with the startup and entrepreneurial announcements, specifically the Special Patent Regime proposed to power innovation and research that we believe will nurture and mentor the next wave of tech stars that will drive a successful economy.”

Urvesh Goel, founder and CEO, Syberplace – “We do not see Excise exemption for smartphones, to support Digital India and Make in India. Smartphone is the ‘first screen’ for many users accessing internet. This would have reduced pressure on civil infrastructure and propel growth from within. We also had foreseen a larger budget outlay for rolling out 4G and Wi-Fi in smart cities, to be subsidized, if not make them absolutely free. This could reduce the pressure on roads, in shopping malls and reduce gas pollution from vehicles. If homes can double up as home office and shopping, we could reduce investment requirement for commercial property.”

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– Dinesh Agarwal, founder and CEO, IndiaMART – “There are all the right keywords, in the Finance Minister’s 9 Point agenda in this budget. Governance and Ease of Doing Business, Education and Skills, Infrastructure, Financial Sector and Tax reforms reflect dedication towards a pro Technology, Infra and Trade oriented year ahead… The Budget further strengthens the Financial System starting with the recapitalization of Banks…”

– Kiran Murthi, CEO, AskmeBazaar – “.. Taking the “Start-up India” action plan forward, the budget allocated Rs 500 crore for SC/ST & Women entrepreneurs. The announcements made during the budget also include a 100 per cent tax exemption for 3 years for start-ups, which is a welcome step.

The Minister also proposed an amendment of Companies Act to allow new start-ups to register in one day. These steps will help to create a favorable business environment in the country… Also, the Finance Minister reiterated the Government’s focus on rolling out GST. We are hopeful that GST will be a reality soon, thereby ensuring uniformity in tax rates and regulations.”

Listings companies:

– Sandeep Agrawal, founder and CEO, Droom – “This budget is far from the reforms expected. In the startup ecosystem, entrepreneurs and emerging businesses were hoping for some exciting announcement to encourage entrepreneurism and innovations. However, the silver lining was the announcement for women and SC/ST entrepreneur with Rs 500 crore allotments.

It would be nice to see offering R&D credits and lower costs for innovations. Listing rules should have been further streamlined for startups. Repatriation of capital (R&D Credit from foreign countries) should be more accessible.”

– Vineet Singh, Co-founder & CEO of Buildzar – “.. The enhanced investment in infrastructure will help us in reaching to a wider consumer base in housing which is unserviceable today. We are happy that the FM went took a step further in the direction shown at Startup India and announced Tax holiday for startups for setting up the business. There were some disappointments as well, particularly of indirect taxation. Our sector has to grapple with various taxes like VAT/WCT, CST, excise, and service taxes. A uniform approach for tax laws and regulatory policies would have helped. GST implementation should be taken up in a time bound manner.”

Online Video:

– Subrat Kar, co-founder, Vidooly – “Increasing the ease of doing business by amending the companies act, changes in the patent law and tax deductions is a great step in ensuring that startups are not bogged down with paperwork and bureaucracy. Also encouraging digital literacy in educational institutions will lead to employment generation and ensure that a billion plus indians use the web towards the aim of a digital economy.”

– NASSCOM – “…Extension of Section 10AA for SEZ units till 2020 is a positive outcome though the imposition of MAT on startups will not allow the full impact of the benefits to be realized. Holding period for investment in unlisted companies to qualify for long terms capital gains tax reduced from 3 to 2 years. Our recommendation was for 1 year in line with investments in listed shares. Equalisation levy on consideration for any specified service received or receivable by a person, being a non-resident. Specific service currently includes online and digital advertisement… The Budget did not address R&D credits not applicable for technology sector, lowering of deduction rate not conducive to encouraging tech R&D.”

Startups:

– Varun Khaitan, co-founder, UrbanClap – “More than being a pro-startup Budget as was expected, the financial layout for FY 2016-17 has taken into account the need to create entrepreneurs across the digital divide… For emerging businesses there’s a slew of incentives to encourage angel investment and startup activity, in the process, create additional jobs.. Startups look to gain from the government focus on employment and employability. Change in the definition of SME, focused intent on the GST bill and added infrastructure spending are all boosters for the economic environment and startups stand to gain from them.. ”

– Saurav Kumar, CEO & Co-Founder, Cube26 –

“… While the union budget 2016 has announced lowering of the corporate tax for new manufacturing units incorporated on or after March 1, 2016 at 25% with a view to promote industrial activity and generate jobs, we were expecting a robust approach to incentivize Indian device manufacturers.

The special patent regime with 10% rate of tax on income from worldwide exploitation of patents developed and registered in India is a step in the right direction to boost innovation. We hope the patent process in India for indigenous companies become simpler as well to boost a culture of innovation and research…”

Wednesday, 24 February 2016

Freedom 251 is Absolutely Viable: SyberPlace

NEW DELHI, DELHI, INDIA

Business Wire India
With the recent spate of controversies and doubts surrounding Ringing Bells, the world’s cheapest smartphone company and the creators of the Freedom 251 smartphones, one company has come out in full support of the project. SyberPlace, a webstore that sells digital technology such as smartphones, laptops, tablets and accessories, has welcomed the ambitious move to enable entry-level smartphones at just INR 251.

Speaking in support of the move, Urvesh Goel, Founder & CEO, SyberPlace, says, “Industrial revolution made cars affordable, IBM brought computers to our homes, and internet-enabled the democratisation of knowledge. Given how smartphones are driving the digital lifestyle and the economy today, smart businesses should be distributing smartphones for free. This move by Ringing Bells will make smartphones available to every Indian. INR 251 is a very fair price for a smartphone, and I admire Mohit and the team for bringing about this disruption.”

This support from SyberPlace will come as a welcome relief to the company in question, which has been beset by several doubts in terms of the price of the smartphone, its design, the interface, certifications and the online orders on their dedicated website. Ringing Bells has, reportedly, also come under the scrutiny of the Excise and Income Tax departments, while the viability of its business model and service fulfilment capability is also set to be evaluated by the Department of Electronics and IT Secretary (DEITY) Aruna Sharma.

Urvesh, however, is unperturbed by the furore surrounding Ringing Bells. “From being the ‘second screen’, smartphones have emerged as the ‘first screen’ that users look at for entertainment, stay connected or search something. The 32% growth recorded in internet access year on year is chiefly fuelled by wireless broadband on smartphones. Growth in internet use on smartphones is much higher than wireless internet accessed on desktop,” he added in support of Ringing Bells product plan and the strategy adopted.

About Founder & CEO, SyberPlace.com

An expert business executive with repeatable experience of transforming stagnating businesses and start-ups, Urvesh is the Founder & CEO of SyberPlace.
Holding a Bachelor’s degree in Electronics and Communication Engineering and a Master’s in Computer Sciences from IIT-Roorkee, Urvesh has been associated with several large multinationals in leadership roles over the course of his career before founding SyberPlace. He was a Director of Global Invoicing Solutions at Convergys Corporation and Amdocs. Urvesh has integrated his extensive expertise in business vision, strategy & execution: leadership development, managing technology, business relationships and brand development to devise and implement the most viable business solutions to drive SyberPlace’s growth.

About SyberPlace

SyberPlace.com is a webstore that sells digital technology such as smartphones, laptops, tablets and accessories. Founded in 2008 in Hyderabad, SyberPlace looks to serve the aspirational needs of the Indian consumers by leveraging the abundant resources and in-depth knowledge of digital and social technology.

What differentiates SyberPlace from other online stores is the fact that it is much more than a platform for buyer-seller interaction. The company owns the responsibility for delivering an unparalleled end-to-end shopping experience to its consumers. A strong customer care framework is also in place and serves to heighten the end-user brand takeaway through highly effective follow-up assistance, quick response to inquiries and dependable delivery.

Owned and operated by SyberPlace E Solutions Pvt. Ltd, SyberPlace utilises the disruptive power of digital media to showcase the benefits of smart technologies from top brands. Following this tenet, the company has created extraordinary and profitable growth without the support of venture or private equity funds, so far.

Source: SyberPlace