iStreet Network has shelved all its investment plan in technology, marketing, fulfillment and other infrastructure, cut down the team size and paused its growth plan of ‘new age business’ of internet retail. The direct impact of this shall be on the business, which is expected to slow down drastically. For the time being, the company has to realign its business strategy and focus on 'profitability' rather than growth.
iStreet Network’s mission is to simplify and deliver eCommerce to the last mile. It operates in the 'Internet & Catalogue Retail' segment and has successfully incubated Its Internet Retail Store project through its network of iStreet Bazaar.
