Online payments firm Pine Labs to buy Amazon-backed QwikCilver for $110 mn

Binu Paul

Digital retail payments platform Pine Labs is acquiring Bengaluru-based gift card solutions provider QwikCilver for $110 ....

19 March, 2019

Delhi HC dismisses PIL against Amazon, Flipkart for flouting FDI norms

Payal Ganguly

On Monday, a Delhi High Court bench, headed by Chief Justice Rajendra Menon, dismissed a public interest litigation that sought ....

19 March, 2019
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Digital insurance startup Acko raises $65 mn in Series C funding

Vijayakumar Pitchiah

Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round of funding ....

13 March, 2019

Criteo's India MD on competing with Google and Facebook, focus areas and more

Anand J

French advertisement-technology company Criteo is among the few companies that have been able to take on the might of Google and ....

13 March, 2019

Govt extends deadline for responses to draft e-commerce policy

Payal Ganguly

The central government has extended the deadline for submitting responses to the draft national e-commerce policy from 9 to 31 ....

8 March, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019
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Flipkart to charge higher commission from apparel vendors

Payal Ganguly

Online retailer Flipkart has increased the commission it charges sellers of apparel and accessories on its platform in a move ....

4 March, 2019

Reliance acquiring majority stakes in Grab, C-Square to boost hybrid commerce biz

Vijayakumar Pitchiah

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery ....

4 March, 2019

Flipkart losses widen five times on finance costs from down-round

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart’s losses widened five times chiefly on account of finance costs from a down-round even ....

26 February, 2019

Data localisation in focus as govt unveils draft e-commerce policy

Payal Ganguly

The Indian government has issued a draft national e-commerce policy that aims to regulate cross-border data flow, fight piracy ....

25 February, 2019
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Walmart 'disappointed' with FDI norms for e-commerce but confident about Flipkart

Payal Ganguly

Walmart’s honeymoon with Flipkart is far from over as the US-headquartered retail giant said that the cost of complying ....

20 February, 2019

PayU may invest up to $150 mn in Amazon-backed Capital Float: Report

Binu Paul

Naspers-owned PayU Payments Pvt. Ltd is in advance stages of negotiations to invest up to $150 million (Rs 1,073 crore) in digital ....

19 February, 2019

Technology to help us automate decision-making, remove human discretion: Kishore Biyani

Anand J

Future Group's Kishore Biyani has been a vocal critic of the Indian e-commerce sector, which is dominated by discounts and ....

18 February, 2019

ITC pilots FMCG e-commerce store in major metros

Payal Ganguly

Indian fast-moving consumer goods major ITC has announced that it is piloting its e-commerce venture, itcstore.in, in Delhi-NCR, ....

11 February, 2019

BigBasket to become unicorn with fresh $150 mn funding: Report

Vijayakumar Pitchiah

SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising up to $150 million (Rs 1,070.20 crore) in ....

8 February, 2019

Cloudtail undergoes ownership restructuring to return to Amazon marketplace

Binu Paul

Cloudtail India Pvt. Ltd, one of the largest sellers on e-commerce major Amazon India, has undergone a restructuring of ownership ....

7 February, 2019

Flipkart CEO dismisses Morgan Stanley warning on likely Walmart exit

Kavya Kothiyal

Flipkart has refuted brokerage firm Morgan Stanley's warning that Walmart Inc. may exit the Indian company because of the ....

6 February, 2019

New FDI rules: Amazon's grocery service revives after disruption

Reuters

Amazon.com Inc's grocery service is slowly returning on its India website after the online retail giant faced disruption ....

5 February, 2019

In numbers: Can Flipkart, Amazon sustain growth momentum after policy tweaks?

Vijayakumar Pitchiah

The underlying theme of India’s decision to revise the rules for foreign direct investment (FDI) in e-commerce was to force ....

5 February, 2019

Tech giants ask IT ministry to ease draft norms for regulating internet content

Payal Ganguly

Global tech companies, civil society groups and academics have raised concerns over the Indian government’s draft rules ....

5 February, 2019

Amazon converts sellers Appario and Cloudtail into wholesale entities: Report

Vijayakumar Pitchiah

To comply with the new foreign direct investment rules, e-commerce major Amazon India will make two of its largest sellers, Cloudtail ....

4 February, 2019