Shadowfax appoints former Myntra tech chief as independent director

Vijayakumar Pitchiah

Bengaluru-based logistics startup Shadowfax Technologies Pvt. Ltd has appointed former Myntra product and technology chief Shamik ....

20 May, 2019

Reliance to disrupt e-commerce sector, Paytm Mall’s biz model unsustainable: Forrester

Om Athavale

The size of India's online retail market is likely to touch $85 billion by 2023, Massachusetts-based market research company ....

17 May, 2019
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Walmart reports significant decline in February-April operating profit on Flipkart inclusion

Payal Ganguly

US-based retail giant Walmart Inc. said it clocked a significant decline in global operating profit for the February-April quarter ....

17 May, 2019

Exclusive: Rural commerce enabler StoreKing raises $3 mn in fresh funding round

Vijayakumar Pitchiah

Bengaluru-based e-commerce enabler StoreKing, which helps small town retailers offer digital services, has raised $3 million (Rs ....

16 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019

SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019
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Amazon’s vernacular language support arm Frontizo sets up second unit

Binu Paul

Frontizo Business Services Pvt. Ltd, the vernacular language support unit of e-commerce firm Amazon, is in the process of setting ....

9 May, 2019

Retailers are dialling this SaaS startup to keep their stores in sync

Anirban Ghoshal

Boosting efficiency and productivity are common goals for most enterprises. To do this, they gather data and compile reports before ....

29 April, 2019

Flipkart opens second data centre in India

Shweta Sharma

Flipkart has announced the launch of a data centre in Hyderabad and an investment in Telangana to strengthen the technology ....

23 April, 2019

Flipkart testing video-based KYC solution to launch customer lending

Binu Paul

Homegrown e-commerce giant Flipkart is preparing a video-based Know Your Customer (KYC) solution to offer instant credit to its ....

8 April, 2019
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Flipkart floats $60-100 mn fund to invest in early-stage startups

Joseph Rai

Homegrown e-commerce giant Flipkart, one of the storied companies built through venture capital funding till its acquisition by ....

27 March, 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

PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019

Flipkart automates sorting operations at Bengaluru facility

Payal Ganguly

Walmart-backed online marketplace Flipkart announced a large-scale deployment of robot-based sortation technology at its Soukya ....

20 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

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

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

Flipkart co-founder Sachin Bansal invests $92 mn in Ola

Binu Paul

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing ....

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