'Vectorised AI Labs' Makes Online Shopping Easy; Visual Search Tool
Using the keyboard to search on any shopping website to get the desired product takes a lot of time. But Bengaluru-based Vectorised AI Labs has come up with a SAAS platform that is going to make the process very smooth for consumers as well as boost the e-commerce websites' sales. The AI labs describe it as a search and discovery tool. Basically, the service (visual search), works like google lens for any website where a user gets an option… read-more
Tags: Vectorised AI Labs, Visual Search, Google Lens, online shopping
Courtesy: Press Release
Flipkart May Face $1.35 Billion Penalty Over Violating Forex Norms
Walmart-owned Flipkart is alleged of hoodwinking foreign exchange laws and giving preferential treatment to select sellers by Enforcement Directorate (ED) today, Reportedly, it may have to pay a fine of $1.35 Billion. An ED official said, Flipkart attracted foreign investment and a related party, then sold goods on its shopping website which is against laws. Flipkart's spokesperson defended the company by saying "It complies with Indian rules… read-more
Tags: Flipkart, Walmart India, Foreign Exchange Management Act, online shopping
Courtesy: India Today