Amazon India inks deal with Indian Railways for pick-up kiosks

Team TC

Amazon India has partnered with the Indian Railways to set up pick-up kiosks in four railway stations across Mumbai.  The ....

10 September, 2019

Zomato lays off 540 employees; Drivezy to deploy 1,200 bikes at OYO properties

Team TC

Restaurant aggregator Zomato has laid off over 500 employees. Gurugram-based hospitality chain OYO has entered into a commercial ....

9 September, 2019
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Electronics ministry not to include ecomm data in data protection bill; Amazon India gross sales to hit $32 bn

Team TC

No ecommerce data in data protection bill. Amazon India sales to touch $32 billion in four years. MeitY against ecommerce data ....

29 August, 2019

Amazon India to expand Hyd fulfilment centre, signs deal with GMR Hyd Airport City

Team TC

Ecommerce giant Amazon India has signed a deal with GMR Hyderabad Airport City to expand its largest fulfilment centre in Hyderabad ....

1 August, 2019

IAMAI names Amazon India head as new chairman

Binu Paul

The Internet and Mobile Association of India (IAMAI) has named Amit Agarwal, senior vice-president and country manager of e-commerce ....

25 June, 2019

Amazon pours $417 mn more in India, one of its last growth frontiers after China exit

Kavya Kothiyal

E-tailer Amazon has made a fresh capital infusion in its India marketplace of Rs 2,900 crore ($417.5 million at current exchange ....

7 June, 2019
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Amazon rolls out QR code payments in offline push

Payal Ganguly

E-commerce giant Amazon India is introducing a QR-code-based facility for product discovery and payments at offline stores amid ....

27 March, 2019

Amazon cuts commission rates for certain brands to boost sales

Payal Ganguly

E-commerce major Amazon India has reduced seller commission charges for certain brands in the sports, fitness and outdoor category ....

13 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

New e-commerce rules: Flipkart, Amazon tell sellers to keep calm and carry on

Payal Ganguly

As the February 1 deadline to comply with India’s new e-commerce regulations draws nearer, online marketplaces Flipkart ....

28 January, 2019
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E-tailers to lose 40% sales from February 2019: CRISIL report

Payal Ganguly

As e-commerce players look to restructure their businesses to comply with the revised foreign direct investment norms by 1 February ....

15 January, 2019

Amazon Pay rolls out doorstep KYC verification for wallet users

Payal Ganguly

Amazon Pay has started making doorstep visits to verify its users’ Know Your Customer (KYC) details. The digital wallet ....

11 January, 2019

Amazon’s Rajeev Rastogi on how machine learning is solving delivery, payment issues

Anand J

With more than 100 million users registered on its platform, Amazon knows what Indians buy and how one region differs from another. ....

7 January, 2019

After revised FDI policy, Amazon to seek legal advice on food retail business

Binu Paul

Amazon India is mulling to seek legal opinion on the functioning of Amazon Retail India Pvt. Ltd (ARIPL), the global company's ....

31 December, 2018

Amazon’s wholesale arm sees revenue surge, losses widen in FY18

Vijayakumar Pitchiah

Amazon Wholesale India Pvt. Ltd, the wholesale business-to-business arm of e-commerce giant Amazon, has seen its operating revenue ....

26 December, 2018

Amazon's global growth slows in Q3, later Diwali cited as a factor

Reuters

Amazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth ....

26 October, 2018

Online lender Capital Float acquires personal finance app Walnut

Payal Ganguly

Bengaluru-based digital lending platform Capital Float has acquired personal finance management app-maker Walnut for $30 million ....

21 August, 2018

Govt asks Amazon to set up servers in India, stop cross-border movement of data

Payal Ganguly

IT and communication minister Ravi Shankar Prasad said Amazon India has been asked to set up servers in the country on an urgent ....

14 August, 2018

Amazon invests in India food retail arm after expanding grocery service

Shweta Sharma

E-commerce giant Amazon has invested $1.5 million (Rs 10.5 crore) in Amazon Retail India, the global company's food retail ....

8 June, 2018

Online insurance startup Acko raises $12 mn led by Amazon

Dearton Thomas Hector

Mumbai-based online insurance startup Acko General Insurance Co. Ltd has raised $12 million (around Rs 80 crore) in a new round ....

28 May, 2018

Amazon pumps nearly $400 mn into Indian arm ahead of Walmart-Flipkart deal

Shweta Sharma

E-commerce giant Amazon has pumped Rs 2,600 crore (around $393 million) into its Indian unit ahead of local rival's Flipkart ....

9 May, 2018