Payments firm Payoneer targets e-commerce sector for India expansion

Payal Ganguly

New York-headquartered Payoneer is exploring new lines of business in India as it looks beyond its staple offerings of cross-border ....

16 April, 2019

IBM smart mirror aims to help retailers convert footfalls to sales

Anirban Ghoshal

As offline retailers start to embrace and experiment with digital technologies to catch up with online counterparts, tech giant ....

15 April, 2019
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Why a Snapdeal-ShopClues merger would be a win-win scenario

Binu Paul & Payal Ganguly

A potential merger between second-tier e-commerce companies Snapdeal and ShopClues opens up an interesting playground at the next ....

11 April, 2019

Amazon seller Cloudtail set to log out of food biz: Report

Vijayakumar Pitchiah

Cloudtail India Pvt. Ltd, which until recently was one of the largest sellers on e-commerce site Amazon India, will reportedly ....

5 April, 2019

Amazon limits voting rights in More parent firm to comply with FDI norms

Vijayakumar Pitchiah

E-commerce giant Amazon has resorted to a dual-class share regime that limits its voting rights to buy a minority stake in ....

3 April, 2019

Decks clear for FDI, Amazon doubles down on food retail, infuses $35 mn

Payal Ganguly

Three months after a government clarification that companies with foreign direct investment (FDI) in food retail can continue ....

1 April, 2019
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What online retailers, lobby groups want govt to change in draft e-commerce policy

Payal Ganguly

A number of e-commerce companies and industry bodies have submitted their responses to the Department for Promotion of Industry ....

1 April, 2019

Flipkart sets up fund for early-stage bets; PharmEasy, Drivezy may raise capital

Vijayakumar Pitchiah

Walmart-owned homegrown e-commerce major Flipkart has set up an internal fund for its early stage investments, a report in a financial ....

25 March, 2019

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

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

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