Flipkart logistics arm eKart grow FY19 revenues 78%; costs up 56%

Shashank Didmishe

Instakart Services, Walmart-owned Flipkart’s logistics arm which operates under the brand eKart, reported a 78% growth in ....

13 November, 2019

Amazon expands Accelerator for private labels; Karnataka’s new IT policy to focus on tier-2 cities

Tanmay Tiwary

Amazon Accelerator, which helps small manufacturers launch brands, is being scaled up in India. Karnataka will roll out a new ....

13 November, 2019
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Deal Talk: Snapdeal pitches for $100 mn from SoftBank, others; Guesture seeks $50 mn

Supriya Roy

Well over three years after it was last able to attract capital, Jasper Infotech, the Delhi headquartered company that owns ecommerce ....

12 November, 2019

Consumer Protection Act draft rules hold ecommerce companies liable for counterfeits, false reviews

Payal Ganguly

The ministry of consumer affairs, food and public distribution on Monday released the Consumer Protection Act 2019 draft rules ....

12 November, 2019

Club Factory orders swell by 700% during Diwali

Supriya Roy

Chinese ecommerce platform Club Factory, which counts India as its biggest market, garnered a 700% year-over-year growth in orders ....

8 November, 2019

Delhivery eyes Blue Dart, Gati b2b ops; India wants message traceability amid WhatsApp snooping row

Tanmay Tiwary

Gurgaon-based logistics startup Delhivery is reportedly in talks to buy Blue Dart Express and Gati’s business-to-business ....

7 November, 2019
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Karnataka HC grants relief to Flipkart in insolvency case

Shashank Didmishe

In a major relief to Flipkart India, the B2B company of the Walmart-owned Flipkart Group, the Karnataka High Court has stayed ....

6 November, 2019

Flipkart's chief human resources officer quits; Startups might get a 10-year waiver from regulatory filings

Tanmay Tiwary

Flipkart’s senior vice president and chief human resource officer, Smriti Singh, has stepped down from her post. The ministry ....

5 November, 2019

Trader body calls for nation-wide protests against Amazon, Flipkart

Payal Ganguly

After complaining to the minister of commerce and industry Piyush Goyal and the prime minister Narendra Modi about e-commerce ....

4 November, 2019

The reason behind Uber India’s restructuring; Govt flags digital payments risks amid WhatsApp breach

Tanmay Tiwary

Uber recently restructured its India business. The government has expressed concerns over allowing social media companies into ....

4 November, 2019
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From unicorn to distress sale: The ShopClues journey

Payal Ganguly

On Thursday, Clues Network, owner of ecommerce marketplace ShopClues, announced its merger with Qoo10, a Singapore-based ecommerce ....

1 November, 2019

Amazon’s win-win formula ahead of food delivery launch; Direct selling companies unhappy with ecommerce players

Tanmay Tiwary

Amazon is preparing to enter the competitive food delivery business in India. The Indian Direct Selling Association (IDSA) wants ....

1 November, 2019

Paytm Mall narrows FY19 losses on the back of O2O strategy

Shashank Didmishe

Paytm E-Commerce, which owns online marketplace Paytm Mall, has narrowed its consolidated losses for the financial year 2018-19 ....

1 November, 2019

Singapore-based Qoo100 buys troubled ecommerce firm ShopClues in all-stock deal

Payal Ganguly

Former ecommerce unicorn ShopClues announced its merger with Singapore headquartered ecommerce platform Qoo10 in an all stock ....

31 October, 2019

Costs swell at Flipkart, Amazon as ecommerce rivals woo Bharat consumers

Shashank Didmishe

The ongoing rivalry between Walmart-owned Flipkart and Seattle headquartered Amazon for dominance in share in India’s booming ....

31 October, 2019

Fashion ecommerce startup Styched raises seed funding from angel investors

Shweta Sharma

Bengaluru-based Styched, a fast-fashion ecommerce startup, has raised an undisclosed amount in a seed funding round from angel ....

30 October, 2019

Walmart-backed Flipkart widens FY19 losses

Supriya Roy

Flipkart Internet, the entity that operates Walmart-owned e-commerce major Flipkart’s retail marketplace, widened its losses ....

29 October, 2019

Amazon Wholesale FY19 revenues down 8%; Losses at retail ecommerce arm narrow

Shashank Didmishe

Amazon Wholesale India, the local B2B arm of Seattle headquartered ecommerce major Amazon, reported an 8% decline in revenues ....

29 October, 2019

OLX India books 41% growth in profits for FY19, revenues up 123%

Shashank Didmishe

Classifieds platform OLX India reported a 41% growth in net profits at Rs 22 crore for the financial year 2018-19, marking the ....

29 October, 2019

Walmart India FY19 revenue up 11%, loss doubles on investments

Shashank Didmishe

Walmart India, a subsidiary of US-based Walmart, has reported 11% year-on-year increase in net revenue for 2018-19 to Rs 4,061 ....

24 October, 2019

Amazon to use Indian Railways for transporting packages

Shashank Didmishe

Ecommerce major Amazon India has partnered with the Indian Railways to develop a specialised product to transport its packages ....

23 October, 2019