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Indian e-commerce website Flipkart adds prepaid Wallet feature

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Flipkart has added a prepaid Wallet feature to its e-commerce platform that allows shoppers to store money on the site and use it to purchase items, without having to reach for their credit card for each transaction, according to a MediaNama report . Flipkart, the first billion dollar Internet company from India, is by far the leading online store in the nation.Founded by former Amazon employees Sachin and Binny Bansal in 2007, it expects to increase its sales tenfold in the ongoing fiscal year to about $100 million by March 2012. It already offers shoppers the convenience of Cash on Delivery (CoD), using whichfor a small feethe shopper can choose to pay for purchases in cash when they have been delivered to their doorstep. This is in addition to the usual credit and debit card and net banking options that the service also offers to online shoppers. The newly launched Wallet aims to make online payments easier and more secure for customers by sparing them the hassle of fetching thei...
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12 startup founders discuss working on Christmas Day

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Well, it would seem a trifle rude to not begin proceedings with a warm Merry Christmas. But I must askwhat the hell are you doing reading this when you should be playing your new Nintendo 3DS, or guzzling that tenth mince pie of the day? But then, you will probably ask what the hell am I doing here writing this piece on the holiest of holy-days. My excuse? I love what I do, so its not like Im really working per seplus, I actually prepped much of it yesterday. And your excuse is likely along the lines of I love all things tech, why would I switch off just because my calendar says December 25? Fair point. Confucius once said: Choose a job you love, and you will never have to work a day in your life. Nice sentiments for sure, but theres still the issue of a healthy work/life balance to contend with even for startup founders. So I asked a handful of founders and CEOs whether they would be working on Christmas Day this year, or whether theyd treat themselves to a day off. I mean, it is a...
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Tweet at the right time for maximum impact with Timely

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Choosing the best time to publish your tweets so that theyll have the best response can be a difficult. Will people be more likely to read, retweet and reply to you at 2pm or 4pm? Midnight or Noon? It may seem like its pot luck, but Timely is a web app that aims to give you a helping hand. Heres how it works: you sign up and input the tweets that you want to publish. Timely will then use data from your previous 199 tweets to choose the best time to publish in order to (theoretically) get the best response. If you want your tweet out fast, you can ask it to post at the best time within the next 30 minutes, or otherwise you can let Timely choose the optimal point in the future for it to go out. Timely supports unlimited Twitter accounts and offers a browser bookmarklet, allowing you to queue tweets without having to visit the site. You can select the number of tweets Timely sends out each day so that youre not too noisy, and weekend tweets can be switched on or off depending on your pre...
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