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From advertising to selling saris, Arvind Sharma turns entrepreneur

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MUMBAI: The e-commerce sector in India is going through a purple patch and the latest one to enter the bandwagon is none other than Arvind Sharma.

After spending over three decades in the advertising industry, Sharma has been bitten by the entrepreneur bug. He along with one of the founding members of Yepme, Amit Gaur, has launched an online platform for the treasured Indian outfit – sari.

The self-funded, Indiasarihouse.com, aims to enhance and simplify the sari shopping experience along with benefitting the weaver community.  

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“A sari is more than a piece of commerce.  It is the Indian women’s attire for every day and for special occasions. It represents the spinning, dyeing and weaving arts of India, nurtured by kings, queens, and princesses and perfected by India’s craftsmen over centuries. Each sari woven by a weaver’s family represents a piece of Indian history and culture. India Sari House aims to build a self-sustaining long-term channel directly between the weavers and sari consumers around the world. Amit’s wealth of experience in sourcing and e-commerce operations will help us hugely in our ambitions,” says Sharma.

The platform has recruited textile and fashion graduates, who find and verify the weavers across 20 centers in the country.  From pure silk offerings like Kanjivarams, Dharmavarams, Banarasis to pure cottons ones like Ikkats, Mangalagiris, Tants and Kerala Cottons, the recently launched website has everything a woman would desire in her wardrobe.

Apart from increasing the number of sari centers in the near future, the sari house plans to get some of India’s famous designers to each adopt a weaving center and help modernise the designs some of these centers produce.

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On funding the project, Sharma highlights that after three to four months he will start talking to the investors to raise funds for the platform and take it to the next level.

Gaur says, “We are building a channel with quality and integrity. To deliver these to the consumers, we have deployed a team that visits and identifies weavers that India Sari House will deal with. They hand pick saris from these weavers. We have put together another team of qualified textile and fashion experts to examine each sari and rate it on 4F factors – Fabric authenticity, Fine workmanship, Fashion quotient and Fitness for occasions. Each sari we sell will come with a 4F certificate. Since, India Sari House buys and stocks all the saris it sells, consumers can be sure that all saris will be shipped to them within 24 hours.”

Indiasarihouse.com is accessible to consumers around the world. However, initially it is being promoted in the US, Canada and the UK. Over time, it plans to cover 23 major countries of the world where there is a significant Indian diaspora presence.

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Currently, Resultrix is handling the digital promotions of the web store while Underdog is the creative agency for the account.

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e-commerce

Flipkart rolls out 105 per cent bonus for 20,000 employees

Strong FY25 performance drives payouts even as layoffs and shifts unfold.

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MUMBAI: In a year where belts were tightened and rewards loosened, Flipkart seems to be playing both offence and defence trimming roles on one hand while handing out a generous 105 per cent bonus on the other. The Walmart owned e commerce major has rolled out a 105 per cent bonus payout for 2025, covering nearly 20,000 employees, signalling a year of steady operational momentum even as the company navigates restructuring pressures. The payout, communicated internally by chief human resources officer Seema Nair, is tied to performance across key metrics including growth, operational efficiency, financial outcomes and people indicators, a combination that suggests the company is inching closer to its long stated goal of sustainable profitability.

Employees at SD level and below are set to receive their bonuses in March, while payouts for senior leadership, including vice presidents and senior vice presidents, will follow after the close of the performance cycle. The elevated 105 per cent multiplier stands out in a sector where cautious payouts have increasingly become the norm, pointing to what appears to be a relatively strong internal scorecard for FY25.

Yet, the announcement arrives with a noticeable contrast. Earlier this year, Flipkart reduced its workforce by around 300 roles as part of its annual performance review process. While officially framed as performance driven, the juxtaposition of layoffs alongside above target bonuses reflects a more nuanced balancing act, one that prioritises cost discipline while continuing to reward and retain high performing talent.

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This dual approach is becoming increasingly common across the technology and e commerce landscape, where companies are navigating an uneven hiring environment while under pressure to deliver profitability. Rewarding top contributors, even amid selective workforce reductions, allows firms to maintain morale and retain critical talent without losing sight of financial prudence.

At the same time, Flipkart is also undergoing leadership shifts that hint at a broader strategic recalibration. Nishant Verman has been appointed senior vice president for corporate development and partnerships, while group chief financial officer Sriram Venkataraman is set to step down. Ravi Iyer will take on expanded responsibilities within the finance function, marking a reshuffle at the top as the company gears up for its next phase.

These changes come amid reports that Flipkart is planning to shift its holding structure back to India, a move widely interpreted as groundwork for a potential public listing. While timelines remain fluid, the combination of stronger financial discipline, leadership restructuring and employee incentivisation suggests a company preparing itself for greater scrutiny and scale.

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For employees, the 105 per cent payout offers a welcome boost in what has otherwise been a period of adjustment. For Flipkart, it is a signal that even as it cuts where necessary, it is willing to spend where it counts. In the high stakes game of growth versus profitability, the company appears to be hedging its bets carefully, rewarding performance while reshaping itself for what could be its most defining chapter yet.

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