Date | Title | Description |
05.11.2024 | The E-Commerce Battlefield: Amazon vs. Flipkart | In the world of e-commerce, giants clash like titans. Amazon and Flipkart are at the forefront, each vying for dominance in a rapidly evolving landscape. The stakes are high, and the competition is fierce. Recent developments from both comp... |
04.11.2024 | Recent Amazon developments | 🤖 All content is created by our AI Author using various sources and our data for extra context. 🧔♂️ A friendly human checks it before it goes live. More news here
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·News By AIAmazon reports 11% revenue jump, cloud a... |
30.10.2024 | Flipkart records 7.2 billion customer engagement visits | Flipkart recorded an overall 7.2 billion visits in terms of customer engagement this festival season between September 1 and October 28.
The e-commerce major has also recorded 282 million unique visitors during the period, primarily driven ... |
28.10.2024 | $2,5 млрд получит Table Space в ходе IPO в Индии. Это компания по созданию серийных коворкингов | Источники, знакомые с ситуацией, сообщили, что индийский поставщик управляемых рабочих пространств Table Space рассчитывает на оценку в размере $2,5 млрд или более для IPO, запланированного на следующий год, сообщает TechCrunch. По словам и... |
28.10.2024 | Flipkart Internet Grows Revenue By 21% YoY, Losses Down By 41% | SUMMARY
Flipkart Internet’s revenue grew 21% year-on-year (YoY) to INR 17,907.3 Cr for the financial year 2023-24 (FY24).
The company reported a decline of 41% in its losses, down to INR 2,358 Cr.
The company’s marketplace fee income for th... |
25.10.2024 | Nvidia's Bold Leap into India's AI Future | Nvidia is setting its sights on India, a land ripe for technological transformation. The company's CEO, Jensen Huang, recently announced a partnership with Reliance Industries to build a robust AI infrastructure. This move is not just a bus... |
25.10.2024 | YouTube expands shopping in India with Flipkart, Myntra partnership | YouTube has launched its Shopping affiliate programme in India, allowing creators to tag products from Flipkart and Myntra in their videos, shorts, and livestreams, enabling viewers to make direct purchases through these e-commerce platform... |
25.10.2024 | Streax Elevates Hair Colouring with New Gel Hair Colour: A High-Performance Experience for Brilliant Grey Coverage and Unprecedented Shine | Mumbai, Maharashtra, India
Streax, a hair colour brand from Hygienic Research Institute Pvt. Ltd. (HRIPL), known for its innovation and contemporary styling products, is revolutionizing the market with the launch of the Streax Gel Hair Colo... |
24.10.2024 | NG EarSafe Raises INR 1.06 Cr Funding to Revolutionise Safe Listening Solutions The fresh funds will be used for brand and category awareness, expanding reach, and developing new products. | NG EarSafe, an innovative startup specialising in premium open-ear headphones, has successfully raised INR 1.06 crore in a seed funding round led by Inflection Point Ventures.
This strategic investment aims to enhance brand and category awa... |
24.10.2024 | Компания Nvidia начинает сотрудничество с индийскими компаниями для внедрения своих чипов и ИИ-технологий | Генеральный директор Nvidia Дженсен Хуанг объявил о партнёрстве с крупнейшей компанией Индии, Reliance, для создания инфраструктуры, которая будет поддерживать ИИ-технологии в стране. Он также сообщил, что компания Tech Mahindra будет испол... |
23.10.2024 | The Rise of Instant Food: Yu and Zomato Lead the Charge in India’s Food Revolution | In the bustling world of food and beverage, two brands are carving their names into the fabric of Indian consumer culture: Yu and Zomato. Both companies are not just surviving; they are thriving. They embody the spirit of innovation and ada... |
23.10.2024 | Navi Finserv Pulls Bond Sale Amid RBI Scrutiny | Navi Finserv has hit the brakes. The non-bank finance company (NBFC), founded by Sachin Bansal, known for his role in Flipkart, has withdrawn a planned bond sale. This decision comes just days after the Reserve Bank of India (RBI) imposed r... |
23.10.2024 | Rashi Peripherals Posts INR 11,000 Crore Revenue; Eyes Double-Digit Growth for FY24 Rashi Peripherals, achieved ₹11,000 crore in revenue for FY23 and continues to target double-digit growth. With a va... | From its humble beginnings in 1989 to its current position as one of the country's value-added distributors, Rashi Peripherals Limited (RP Tech) has played a pivotal role in India's information and communications technology (ICT) landscape,... |
21.10.2024 | The Indian Garage Co. Expands into Offline Retail: Cricketer Suryakumar Yadav to Inaugurate First Exclusive Brand Outlet in Bengaluru | Bengaluru, Karnataka, India
The Indian Garage Co. (TIGC), India’s leading homegrown fast-fashion brand, entered the offline retail market with the launch of its first Exclusive Brand Outlet (EBO) on Brigade Road, Bengaluru, a prime destinat... |
21.10.2024 | Navi Finserv withdraws bond sale after RBI action, traders say | Sachin Bansal, Chairman and CEO, Navi Finserv Ltd | Photo Credit: G R N OSMASHEKAR
Navi Finserv has withdrawn a planned bond sale scheduled for bidding later in the day, five merchant bankers said on Monday, days after the country's financi... |
19.10.2024 | Celebrating Innovation: The Chiratae Ventures Patrick J. McGovern Awards | In the heart of Silicon Valley, where innovation meets ambition, the Chiratae Ventures Patrick J. McGovern Awards recently celebrated three titans of the tech industry. Shantanu Narayen, CEO of Adobe, Narayana Murthy, founder of Infosys, an... |
18.10.2024 | Not Concerned About New Entrants In Quick Commerce: Blinkit CEO | SUMMARY
Albinder Dhindsa said that the company’s razor sharp focus on customers would help it offset any competition from new entrants
This comes close on the heels of reports saying that parent Zomato was mulling raising INR 9,000 Cr via Q... |
18.10.2024 | Instant Food Brand Yu Raises INR 55 Cr in Series B Funding to Accelerate Growth With the raised funds, the consumer food brand aims to expand its distribution channels and strengthen its product offer... | Yu, an instant food and beverage products maker, has raised INR 55 crore in its Series B funding round, led by returning investors Ashish Kacholia and the Asian Paints Promoter Group, represented by Manish Choksi and Varun Vakil.
This fundi... |
18.10.2024 | Aditya Birla Boosts Stake in WROGN to 33% with INR 75 Cr Investment Founded in 2014 by Anjana and Vikram Reddy, WROGN is a leading casual and activewear brand, leveraging Virat Kohli's influence and o... | Men's apparel brand WROGN has raised approximately INR 75 crore (around USD 9 million) in funding from Aditya Birla Digital Fashion Ventures Ltd (ABDFVL), increasing ABDFVL's stake in the brand from 17.10% to 32.84%, according to a stock ex... |
17.10.2024 | Evenflow's Strategic Ascent: Aiming for IPO by 2027 | Evenflow is on the rise. The e-commerce roll-up platform has successfully secured a bridge round of funding, propelling its ambitions for a public offering by 2027. This move is not just about numbers; it’s about strategy, growth, and a vis... |
17.10.2024 | Zepto eyes $100-150 million fundraise in discussions with Indian family offices like Motilal Oswal | Quick commerce company Zepto is raising $100-150 million from Motilal Oswal, domestic families and other high net-worth individuals (HNIs), at a pre-investment valuation of $5 billion, according to sources close to the development.
Motilal ... |
17.10.2024 | Chiratae Ventures Honors Adobe CEO, Shantanu Narayen, Infosys Founder, Narayana Murthy and Postman CEO and Founder, Abhinav Asthana with the Patrick J. McGovern Awards | MR Rangaswami, Indiaspora, Shantanu Narayen, Adobe, Dr. Srikar Reddy, Indian Consul General, Pat McGovern III, The Patrick J. McGovern Foundation, Sudhir Sethi, Chiratae Ventures
The global VC fund Chiratae Ventures announced today that Ado... |
17.10.2024 | Indian Festive e-Commerce to Hit $12 Billion in 2024: Report Shiprocket reports India's e-Commerce export market, which is currently valued at around $3-4 billion, to expand exponentially, with projec... | The Indian e-Commerce market is set for a massive surge during the 2024 festive season, with projected sales expected to hit $12 billion between October and December, marking a 23 per cent increase from last year's $9.7 billion. This growth... |
16.10.2024 | Evenflow Secures Bridge Round, Plans to Go Public by 2027 Evenflow's ongoing USD 5 million Series A funding aims to expand operations and enhance its portfolio of seven homegrown brands, positioning t... | E-commerce roll-up platform Evenflow has successfully raised an undisclosed amount in a bridge round, bolstered by investments from serial entrepreneur Shail Patel and several existing investors.
This funding is part of Evenflow's ongoing U... |
14.10.2024 | How MSMEs Thrive During India's Festive Season Amazon's "Great Indian Festival 2022" saw record participation from MSMEs, with 4.75 lakh sellers joining the B2B sales, and 70 per cent of the... | The festive season in India brings an unparalleled boost in consumer spending, offering a unique opportunity for businesses of all sizes. For Micro, Small, and Medium Enterprises (MSMEs), competing with large brands and global corporations ... |
10.10.2024 | EMotorad's T-Rex Pro: Revolutionizing E-Cycling in India | In the bustling world of electric mobility, EMotorad has just unveiled a game-changer: the T-Rex Pro. This isn’t just another e-cycle; it’s a blend of cutting-edge technology and sleek design, crafted for the modern rider. Priced at an intr... |
10.10.2024 | EMotorad launches T-Rex Pro: An advanced tech-enabled e-cycle | EMotorad, a leader in electric mobility innovation, has announced the launch of the T-Rex Pro, India’s first e-cycle with a fully integrated handlebar featuring indicators, a flashlight function, a horn, and an LCD display. Priced at an int... |
10.10.2024 | Festive apparel sales rise 6-8 per cent by value | Image Courtesy: www.sphinx-solution.com
E-commerce platforms experienced a slow start to their biggest annual sales, which started on 26th September, but they began to pick up steam after Navratri when people started receiving their monthly... |
09.10.2024 | Nykaa Pilots 10-Minute Deliveries In Mumbai To Fight Quick Commerce Onslaught | SUMMARY
Nykaa has launched a 10-minute delivery pilot in select parts of Mumbai covering 5% of its SKU base
In September, Nykaa had stated its intention to accelerate next-day and same-day deliveries to cater to the growing demand for quick... |
09.10.2024 | Chiratae Ventures Honors Adobe CEO Shantanu Narayen, Infosys Founder Narayana Murthy, and Postman CEO and Founder Abhinav Asthana with the Patrick J. McGovern Awards | SAN FRANCISCO–(BUSINESS WIRE)–October 9, 2024–
The global VC fund Chiratae Ventures announced today that Adobe CEO Shantanu Narayen received the Global Lifetime Achievement Award on September 16, 2024, during an awards dinner in Palo Alto a... |
09.10.2024 | OPPO India Celebrates Diwali with a New Brand Campaign #VishwasKaDeep | New Delhi, Delhi, India
Highlights the shared sentiment of trust and hope during Diwali through a brand film
Launches a microsite for smartphone users to create AI-powered customised Diwali postcards
Brings joy to the customers with grand f... |
09.10.2024 | Sony India Announces the Next-generation ZV-E10 II Vlogging Camera with E PZ 16-50mm F3.5-5.6 OSS II Lens1 | New Delhi, Delhi, India
Sony India launches the ZV-E10 II, the second generation of the ZV-E10 camera. The original ZV-E10 is a staple APS-C camera in Sony’s ZV content creation camera series, designed to provide an easy, compact, and versa... |
08.10.2024 | A Blend of Traditional Motifs for Strong Financial Future - MMTC-PAMP Introduces 22K Gold Tree of Life Coin | New Delhi, Delhi, India
The ‘Tree of Life’ Gold coin marries ancient Indian symbols with the Finest Swiss Craftsmanship The 22K Gold coin depicts the Tree of Life with the radiating Sun, blending growth and prosperity (Product Link: shop.mm... |
08.10.2024 | Top Companies Underperform on Fair Labour Standards for Gig Workers: Report This year, Fairwork evaluated 11 platforms in India including Amazon Flex, bigbasket, BluSmart, Flipkart, Ola, Porter, Swigg... | Gig workers are in the news after Zomato founder and CEO Deepinder Goyal said in a post on X (formerly Twitter) that he had posed as a delivery executive and was denied entry at a mall in Gurugram. He said that mall staff had asked him to t... |
08.10.2024 | Ola, Uber rank lowest In Fairwork’s ratings for gig workers | Amazon Flex, Flipkart, Porter, Uber, Ola and others emerged as key under-performers, failing to meet basic criteria for fair pay, contract transparency, and worker representation for gig workers, according to Fairwork India Report 2024.
The... |
04.10.2024 | Furnishka raises Rs 270 Mn led by India Quotient
Housing sales up 5% to 87,108 units across 8 cities in Q2 FY25: Report
Telangana HC grants bail to Nizampet commissioner in HYDRAA case
NRI duped of Rs... | ECONOMY & POLICY Furnishka raises Rs 270 Mn led by India Quotient
04 Oct 2024 2 Min Read CW Team
Bengaluru-based furniture retailer Furnishka has raised Rs 270 million in a pre-series A funding round led by India Quotient, bringing the ... |
03.10.2024 | Delhivery Elevates Communication Efficiency and Safety in the Logistics Space with Truecaller | Gurgaon, Haryana, India
Delhivery, India's largest fully integrated logistics company, has partnered with Truecaller, the global platform for verifying contacts and blocking unwanted communication. This collaboration aims to enhance communi... |
03.10.2024 | CAIT Alleges Inaction In CCI’s Probe Against Amazon & Flipkart | SUMMARY
The Confederation of All India Traders (CAIT) has alleged the Competition Commission of India (CCI) of inaction and mishandling investigations into anti-competitive practices by ecommerce majors Amazon and Flipkart.
In a letter to f... |
01.10.2024 | Curefoods received nearly $10 M debt from Binny and Jitender Kumar Bansal | Another Rs 80 crore, or $9.6 million, has been raised by cloud kitchen startup Curefoods, but this time it is in debt from Binny and Jitender Kumar Bansal. In the last six months, the Bengaluru-based company has raised funds twice.
Accordin... |
01.10.2024 | CAIT Vs Amazon & Flipkart: Trade Body Calls For Establishing Dedicated Ecommerce Regulator | SUMMARY
In a white paper, CAIT called for creating a unified dispute resolution mechanism and streamlining the regulatory framework for governing ecommerce platforms
CAIT also stressed the need to safeguard smaller sellers' rights to free a... |
01.10.2024 | Australia retail sales rebound by 0.7% in August | Retail & ConsumerAustralia retail sales rebound by 0.7% in August
By ReutersOctober 1, 20241:51 AM UTCUpdated ago
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01.10.2024 | Nutrition brand Upnourish acquired by Pluckk for $1.4 M | For $1.4 million, the fresh fruit and vegetable platform Pluckk purchased the nutrition brand Upnourish.
It will be able to broaden its product offerings and concentrate on the development of a new nutrition-focused vertical thanks to this ... |
01.10.2024 | Ahead Of Festive Season, Swiggy Instamart Launches 24X7 Delivery Service In Delhi NCR | SUMMARY
The 24X7 service will be available in the national capital as well as nearby satellite towns of Gurugram and Noida
The new offering from Swiggy’s stable comes weeks after Flipkart’s new quick commerce arm debuted in Delhi with free ... |
01.10.2024 | How e-Commerce Giants Kicked Off The 2024 Festive Season Flipkart recorded 330 million visits during early access and day 1, Amazon recorded 110 million customer visits within the first 48 hours of it... | As India entered the festive season of 2024, e-Commerce platforms witnessed an extraordinary surge in consumer demand, driven by attractive offers, financing options and a rapidly growing online shopper base. The competition between major p... |
01.10.2024 | Conscious Chemist Announces INR 12 Cr Funding from Atomic Capital; Welcomes Apoorv Gautam to the Board | New Delhi, Delhi, India
Conscious Chemist has raised INR 12 Cr. funding from Atomic Capital. The brand has appointed Apoorv Gautam, Atomic Capital's Founder and Managing Partner, to its board of directors.
With a commitment to delivering sc... |
30.09.2024 | Fresh Food Brand Pluckk Acquires Nutrition Innovator Upnourish in Strategic USD 1.4 Mn Deal With this acquisition, Pluckk aims to enhance the nutritional value of its offerings, making it easier for c... | Pluckk, a digital lifestyle-oriented fresh food brand, has announced its acquisition of nutrition brand Upnourish in a deal valued at USD 1.4 million.
"India's share in the global nutrition category is poised to grow by 6X from 2% to 1... |
30.09.2024 | Beauty Brand Conscious Chemist Raises INR 12 Cr from Atomic Capital for Growth and Innovation in Skincare Conscious Chemist aims to deploy the fresh funds to enhance product development, digital prese... | Beauty and personal care brand Conscious Chemist has secured INR 12 crore in funding from Atomic Capital.
This funding will help the Gurugram-based company accelerate product development, expand its digital footprint, and bring more effecti... |
28.09.2024 | Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe | Boards, Policy & RegulationRegulatory Oversight
Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe
By Aditya KalraSeptember 28, 202412:16 PM UTCUpdated ago
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28.09.2024 | After Amazon, Three Flipkart Sellers Sue CCI | SUMMARY
Flipkart’s sellers – CIGFIL Retail, Wishery Online, and Xonique Ventures – have filed separate petitions to "set aside" a CCI report which found them guilty of violating competition laws
Earlier this week, former Amazon se... |
27.09.2024 | Создаем Telegram Web App. Часть I: разработка на React Native Web | Всем привет! На связи команда dev.family, и мы вернулись с новым экспериментом. Хотим поделиться опытом разработки приложения на React Native для нескольких платформ и мессенджера, а именно – iOS, Android, Web и Telegram.
Разработчики давно... |
27.09.2024 | Celebrate the Festive Season with the OPPO Reno12 Pro 5G Manish Malhotra Edition: A Tribute to India's Rich Cultural Heritage | New Delhi, Delhi, India
OPPO Reno12 Pro Manish Malhotra limited edition—with 12GB RAM and 256GB storage—will be available for INR 36,999
Pre-orders for limited edition start today; first Sale on 3rd October
The limited-edition Manish Malhot... |
26.09.2024 | Former Amazon seller sues Indian watchdog over antitrust probe | NEW DELHI : A former top Amazon seller in India has asked a judge to quash an antitrust investigation that found the U.S. e-commerce company and some of its sellers breached local competition laws, court records showed on Thursday.
Antitrus... |
26.09.2024 | Qapitol QA Releases Q2 Update for its State of the Industry Report on Quality Engineering in Tech-funded Startups for FY24 | Bengaluru, Karnataka, India
Qapitol QA, a leader in digital quality assurance and quality engineering solutions, has released the much-anticipated Q2 2024 edition of its industry report titled "State of the Industry Report on Quality E... |
26.09.2024 | Kids’ personal care brand Tuco Intelligent raised $2 M Seed funding | A seed round led by Fireside Ventures and Whiteboard Capital has raised $2 million for the kids’ personal care brand Tuco Intelligent. In addition, early backers of brands like Mamaearth, Sugar, Pilgrim, Whole Truth, and Mokobara, as well a... |
25.09.2024 | An Emerging Brand from Delhi Making Big Strides in the Growing Baby Care Market | New Delhi, Delhi, India
Littloo, an emerging baby care brand from Delhi, is making waves in the growing Indian baby care market with its commitment to providing natural, gentle, effective baby products. Littloo is the umbrella brand of The ... |
24.09.2024 | The Golden Touch: MMTC-PAMP's Ram Lalla Gold Bar and Fortum's Strategic Shift | In a world where gold shines brighter than mere currency, MMTC-PAMP has unveiled a gem that intertwines faith and investment. The Ram Lalla Gold Bar, a 10-gram piece of 24K gold, is not just a product; it’s a narrative of devotion and craft... |
24.09.2024 | Blue collar recruitment platform Vahan raised $10 M Series B funding | Khosla Ventures led the $10 million Series B funding round for the blue collar recruitment platform Vahan.ai. Y Combinator, the US venture capital firm Gaingels, and Paytm founder Vijay Shekhar Sharma also took part in the round.
The Bengal... |
24.09.2024 | WHOOP Launches Advanced Wearable Technology to Revolutionize Fitness and Health Coaching in India | Bengaluru, Karnataka, India
Comes with key features like 24/7 health monitoring tracking, AI - WHOOP Coach, Any-Wear™, 74000+ styles, 5.5-day battery life
The first wearable to measure cardio & muscular strain via unique proprietary sco... |
24.09.2024 | Flipkart Launches B2B App For Refurbished Product Sellers | SUMMARY
Starting with refurbished smartphones and accessories with warranty benefits, the app will cater to retailers across India who are looking to buy refurbished phones and accessories
The app, 'Flipkart Reset for Business’, offers a wi... |
24.09.2024 | D2C Kids Personal Care Brand Tuco Intelligent Bags $2 Mn To Scale Operations | SUMMARY
The funding round was led by Fireside Ventures and Whiteboard Capital. It also saw participation from Ashish Goenka-led Suashish Group and other angel investors
Founded in 2023, Tuco Intelligent offers a range of natural and sustain... |
24.09.2024 | CheQ Joins Hands with Flipkart for its Flagship Big Billion Days Sale: Unlock Extra Savings with Every Purchase | New Delhi, Delhi, India
Users can earn up to 2x CheQ Chips during this period. Chips can be used to redeem crazy big billion-day sale vouchers
Users can save over and above the existing deals on the Flipkart Big Billion Days across 12+ cate... |
23.09.2024 | Blend of Divine and Purity - MMTC-PAMP Launches Purest 24K Ram Lalla Gold Bar | New Delhi, Delhi, India
The 10-gram gold bar features the Ram Lalla idol of the Ram Mandir in Ayodhya
Made with the purest gold at 24K with 99.99%+ (999.9+) purity, the Ram Lalla Gold Bar is crafted with the Finest Swiss Craftsmanship
The 2... |
23.09.2024 | Fortum to sell its stakes in biobased solutions businesses in India | Previous
FILE PHOTO: Flipkart's logo is seen on a cart at one of their delivery centres in New Delhi, India, October, 4, 2023. REUTERS/Anushree Fadnavis/File Photo
FILE PHOTO: A man walks past a logo of Xiaomi, a Chinese manufacturer of con... |
20.09.2024 | 5 Things to Know About Amazon India's Incoming Country Head: Samir Kumar Samir Kumar will face stiff competition from local e-commerce and quick commerce giants with regulatory challenges | Amazon veteran Samir Kumar, who has been with the e-commerce giant for the last twenty-five years, is set to take assume the role of Country Manager for the Indian market. On Wednesday, Amit Agarwal, Senior Vice President, Amazon India for ... |
20.09.2024 | PhysicsWallah closes $210 million funding round led by Hornbill Capital valuing it at $2.8 billion | ETtechPrateek Maheshwari (left) and Alakh Pandey, founders, Physicswallah
Online coaching platform PhysicsWallah has closed a $210 million financing round in what’s the largest fundraise for a firm in the troubled edtech sector hit by myria... |
20.09.2024 | ETtech Deals Digest: Startup funding surges 232% on year to $588 million this week | ET Spotlight
Startups raised around $587.9 million between September 14 and 20, marking a 232.2% increase compared to the same period last year. This also represents a 358.1% rise from the previous week’s $128.3 million.
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19.09.2024 | Vahan.ai: Pioneering Blue-Collar Recruitment with a $10 Million Boost | In the bustling world of recruitment, Vahan.ai stands out like a lighthouse in a storm. This Bengaluru-based platform has just secured $10 million in a Series B funding round, led by Khosla Ventures. The funding marks a significant mileston... |
19.09.2024 | DailyObjects Secures $10 Million to Fuel Growth and Innovation | In the bustling world of tech accessories, DailyObjects is making waves. The Gurugram-based brand has just secured $10 million in a Series B funding round led by 360 One Asset. This investment marks a significant milestone for the company, ... |
19.09.2024 | YES BANK and Paisabazaar Launch Feature-rich 'PaisaSave' Cashback Credit Card | Mumbai, Maharashtra, India
Paisabazaar, India’s leading online marketplace for consumer credit and free credit score platform, has partnered with YES BANK, India’s sixth largest private sector bank, to unveil their co-branded credit card – ... |
19.09.2024 | Blue-collar recruitment platform Vahan.ai picks up $10M led by Khosla Ventures
Recommended Stories For You | Vahan.ai, an AI-powered marketplace for India's 300 million blue-collared workforce, has raised $10 million in a Series B funding round led by Khosla Ventures, founded by Vinod Khosla. Y Combinator, US-based VC firm Gaingels, and Paytm Foun... |
18.09.2024 | Ex-Koo Co-founder's new venture Billion Hearts raises $250K in angel funding
Recommended Stories For You | Billion Hearts, the latest venture of now shutdown Koo Co-founder Mayank Bidawatka, raised $250,000 in an angel round. The founder shared the news via a LinkedIn post on Wednesday.
“Billion Hearts raised $250K in an angel round from founder... |
18.09.2024 | DailyObjects raises $10M in Series B round led by 360 One Asset
Recommended Stories For You | Mobile covers and lifestyle product seller DailyObjects has raised $10 million in its series B round led by 360 One Asset, as it looks to expand distribution and production capacities.
The equity round also witnessed participation from re... |
18.09.2024 | Former Cleartrip CEO Ayyappan R Eyes Quick Commerce with FirstClub After stepping down as Cleartrip's CEO earlier this year, Ayyappan brings his expertise from leading positions at Flipkart, including... | As India's quick commerce sector heats up, former Cleartrip CEO Ayyappan R is poised to make his mark with a new venture, FirstClub.
According to media reports, Ayyappan is actively in talks with venture capital firms like Accel and RTP Glo... |
18.09.2024 | Myntra reportedly piloting 4 hour delivery service | Image Courtesy: www.dfupublications.com
Myntra is reportedly planning to reduce its delivery timings. The domestic fashion e-commerce major is said to be testing a four-hour delivery option. With the rise of quick commerce services, there i... |
17.09.2024 | Amazon Adds 3 New Fulfillment Centres Ahead Of The Start Of Festive Season Sale | SUMMARY
Amazon India has launched three fulfillment centres in Delhi NCR, Guwahati and Patna to support more than 2.5 Lakh sellers in the region.
Amazon will kick off its annual festival season sales, the Great Indian Festival sale, from Se... |
17.09.2024 | Govt To Safeguard Small Retailers’ Interests If Quick Commerce Platforms Employ Predatory Pricing: FM | SUMMARY
Important to take care of small traders and retailers because this country needs support for small traders, said Nirmala Sitharaman
With this, Sitharaman has become the second union cabinet minister, after Piyush Goyal, in recent we... |
16.09.2024 | Myntra Testing 4-Hour Deliveries In 4 Cities Amid Quick Commerce Boom | SUMMARY
In the testing period, the Flipkart-owned entity will be offering a smaller selection of items to customers
Myntra plans to expand the four-hour delivery service to multiple cities by the end of the year
The development comes amid a... |
16.09.2024 | Direct Banks To Withdraw Cashback Offers On Ecommerce Platforms: CAIT To RBI | SUMMARY
CAIT’s Khandelwal said that the unhealthy nexus between the banks and ecommerce platforms has led to a drastic impact on traditional retailers
In a separate letter written to commerce minister Piyush Goyal, the MP called for suspend... |
16.09.2024 | Wrogn’s revenue declines by 29 per cent in FY ’24, losses rise by 28.2 per cent | Image Courtesy: www.infinitimall.com
Wrogn, the men’s apparel brand backed by Accel and cricketer Virat Kohli, reported a significant decline in its revenue for the fiscal year ending March 2024. Revenues dropped by over 29 per cent, fallin... |
15.09.2024 | Amazon и Flipkart от Walmart нарушили законы о конкуренции в Индии | Индийский антимонопольный регулятор обнаружил, что Amazon и Flipkart, принадлежащие Walmart, нарушили местные законы о конкуренции, согласно отчету Reuters. Это открытие представляет собой новый вызов для гигантов электронной коммерции на р... |
14.09.2024 | After Bengaluru, Flipkart’s ‘Minutes’ Ventures Into Delhi’s Quick Commerce Turf | SUMMARY
Walmart-owned Flipkart’s quick commerce service ‘Minutes’ has now been rolled out for Delhi users after Bengaluru.
Earlier last month, Flipkart ‘Minutes’ went live in parts of Bengaluru including HSR (Hosur Sarjapura Road) Layout, B... |
14.09.2024 | Индия обвинила Amazon в недобросовестной конкуренции | Ключевые выводы Комиссии по конкуренции Индии (CCI) подробно изложены в двух отчетах, на которые ссылается Reuters. В отчете также фигурирует компания Flipkart. Ни Amazon, ни Flipkart, ни CCI пока официально не прокомментировали новость.
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14.09.2024 | Exclusive: India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart | Boards, Policy & RegulationRegulatory Oversight
Exclusive: India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya KalraSeptember 14, 20249:56 AM UTCUpdated ago
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14.09.2024 | What are India's antitrust findings against Amazon, Flipkart | Boards, Policy & RegulationRegulatory Oversight
What are India's antitrust findings against Amazon, Flipkart
By Aditya KalraSeptember 14, 202411:20 AM UTCUpdated ago
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14.09.2024 | CAIT’s Praveen Khandelwal Urges Govt To ‘Suspend’ Flipkart & Amazon’s Ops In India | SUMMARY
Khandelwal also said that he will soon hold discussions with union commerce minister Piyush Goyal seeking an immediate suspension of the two ecommerce platforms’ operations
The practices of these companies are greatly damaging our m... |
13.09.2024 | Futwork's Funding Boost: A Leap into AI-Driven Contact Centers | In the bustling world of tech startups, Futwork has emerged as a beacon of innovation. The Mumbai-based company recently secured INR 21 crore in a Series A funding round. This investment was led by the Michael and Susan Dell Foundation and ... |
13.09.2024 | CCI probe finds Amazon, Flipkart have reportedly breached antitrust laws | Image Courtesy: www.caclubindia.com
US e-commerce behemoth Amazon and Walmart’s Flipkart were found to have broken local competition laws by favouring certain sellers on their shopping websites, according to an Indian antitrust inquiry.
Ama... |
13.09.2024 | India lawmaker, trade group seek suspension of Amazon, Flipkart operations after antitrust breaches | NEW DELHI : A lawmaker of India's ruling party and a key retailers' group urged the government on Friday to suspend the operations of Amazon and Walmart's Flipkart in light of antitrust breaches.
Indian antitrust investigation reports, whic... |
13.09.2024 | Futwork Secures INR 21 Cr Series A Funding to Scale AI-Driven Contact Center Solutions Previously, the Mumbai-based company had secured USD 1 million in a seed round led by Blume Ventures in 2022. | Mobile app-based contact center solution Futwork has raised INR 21 crore in a Series A funding round, led by the Michael and Susan Dell Foundation and Artha Venture Fund, with participation from D2C Insider Angels and investor Abhishek Goya... |
12.09.2024 | Tata Sons and Archies: Two Giants Navigating New Waters | In the bustling landscape of Indian business, two companies stand out: Tata Sons and Archies. Each represents a different facet of the economy, yet both are on the brink of transformation. Tata Sons, a titan in diversified industries, is po... |
12.09.2024 | India probe finds Amazon, Walmart's Flipkart breached antitrust laws | (RPT of story published September 13, 20241:56 PM GMT+8)
By Aditya Kalra
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The CCI investigation report on Amazon said preferred sellers on the platform "get the advantage in the (online) listing" and when a customer s... |
12.09.2024 | Ahead Of Festive Season, Amazon India Creates 1.1 Lakh Seasonal Jobs | SUMMARY
Amazon said it has created direct and indirect jobs in Mumbai, Delhi, Pune, Bengaluru, Lucknow, Chennai, among others
As part of the hiring spree, the company claims to have hired “thousands of women associates” and an additional 1,... |
12.09.2024 | CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules | SUMMARY
The competition watchdog found that both Amazon India and Flipkart flouted antitrust guidelines by giving preference to select sellers on their platforms
Both Amazon and Flipkart will now have time to review the report and file any ... |
12.09.2024 | Essar-backed Pluckk’s meal kit arm Kook to grow 4 times in FY25 | Essar-backed fresh foods brand Pluckk sees Kook, the meal kit start-up it acquired last year, to grow four times in FY25 and expects monthly volumes to touch 1 million by March 2028 from 1 lakh by the end of the current fiscal year.
Pluckk ... |
12.09.2024 | Accel Atoms 4.0 to invest up to $1 million in startups focused on 'Bharat' opportunity, AI | IANSLeading global venture capital firm Accel on Thursday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme.
Global venture capital firm Accel on Wednesday announced the launch of Accel Atoms 4.0,... |
11.09.2024 | FlexiLoans Secures $35 Million to Propel MSME Lending in India | FlexiLoans, a Mumbai-based fintech lender, has struck gold again. The company recently secured approximately $35 million (INR 290 crore) in a Series C funding round. This infusion of capital comes from a trio of global investors: Accion, Nu... |
11.09.2024 | MSME lender FlexiLoans raises Rs 290 Cr in Series C for scaling operations
Recommended Stories For You | MSME financing platform FlexiLoans has raised Rs 290 crore in a Series C round. The round saw investments from global non-profit for financial inclusion, Accion; Nandan Neelakani-led Fundamentum, and asset management platform Nuveen. Priv... |
11.09.2024 | FlexiLoans Raises INR 290 Cr Series C Funding to Expand Operations and Enhance Tech for MSME Lending The round was led by global and domestic investors, including Accion, Nuveen, Fundamentum, and exis... | FlexiLoans, a digital lending NBFC focused on India's Micro, Small, and Medium Enterprises (MSMEs), has raised INR 290 crore in its Series C funding round. The round was led by global and domestic investors, including Accion, Nuveen, Fundam... |
11.09.2024 | Archies Sets Sights on Global Expansion While Achieving 150 % Growth in India's Quick Commerce Market | New Delhi, Delhi, India
Archies, A legacy brand in a social expression industry for decades, is entering a new phase of its journey. Known for bringing emotion to life through its extensive range of greeting cards, gift wraps, and more, the... |
09.09.2024 | Engineered for Excellence: How OPPO's F27 Pro+ 5G and OPPO F27 5G Sets New Standard for Style and Strength | New Delhi, Delhi, India
Avail no-cost EMI for up to 6 months and consumer loans for up to 8 months without any down payment with leading partners.
Customers can avail flat 10% instant cashback on credit and debit cards with leading bank car... |