Milkbasket makes second acquisition, buys e-grocer PSR Supply Chain

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced that it has made its second acquisition by acquiring Bengaluru-based PSR Supply Chain ....

9 July, 2019

Flipkart says compliant with FDI rules; Tencent, Paytm may invest in MX Player

Payal Ganguly

Flipkart chief executive Kalyan Krishnamurthy said that the Walmart-backed e-commerce platform was compliant with the foreign ....

3 July, 2019
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Flipkart to replace 40% of delivery fleet with electric vehicles by early 2020

Binu Paul

E-commerce marketplace Flipkart will introduce electric vehicles for its last-mile deliveries, the Bangalore-based company said ....

27 June, 2019

Grofers converting grocery shops into brand stores; Flipkart to roll out SuperCoins: Reports

Kavya Kothiyal

Grofers India Pvt. Ltd is converting many grocery stores into its own branded outlets as the online grocery delivery company looks ....

27 June, 2019

Part-time job platform TapChief raises funding from 500 Startups, AngelList India, others

Vijayakumar Pitchiah

Gig marketplace TapChief has raised $650,000 (around Rs 4.5 crore) from more than 50 investors including 500 Startups, AngelList ....

26 June, 2019

Won’t tolerate violations of FDI norms, govt warns e-commerce firms

Payal Ganguly

Union commerce minister Piyush Goyal has warned top executives of e-commerce companies that the government will not tolerate violations ....

25 June, 2019
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Binny Bansal sells more Flipkart shares to Walmart; Naspers may not invest in Capital Float

Kavya Kothiyal

Co-founder Binny Bansal has sold more shares in online retailer Flipkart to US retail giant Walmart, which last year bought a ....

24 June, 2019

CCI to study e-commerce market, reveal findings in August

Payal Ganguly

The Competition Commission of India today said it is conducting a study on India’s e-commerce market and will disclose initial ....

18 June, 2019

Commerce minister Piyush Goyal meets stakeholders from e-commerce, tech firms

Payal Ganguly

Means to monitor use of data and threats from foreign competition were some of the key aspects of discussion in a meeting conducted ....

18 June, 2019

Walmart plans to deploy $1.2 bn for funding Flipkart's operations

Om Athavale

US-based Walmart Inc. is planning to deploy cash and cash equivalents worth $1.2 billion (Rs 8,337 crore at current exchange rate) ....

13 June, 2019
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Walmart mulls deploying PhonePe tech in markets like US, Mexico

Payal Ganguly

Walmart, which owns 77% stake in Flipkart, will look at leveraging the homegrown e-commerce platform’s payments arm PhonePe ....

12 June, 2019

Flipkart reduces seller commission, shipping fee; Zoomcar, Drivezy in merger talks

Payal Ganguly

Walmart-backed e-commerce platform Flipkart has reduced seller commission and shipping fee for products across different slabs ....

11 June, 2019

Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Watch: Hari Menon on making Bigbasket a consumer staple

Anand J & Vijayakumar Pitchiah

Marquee investors have been doubling down on India’s online grocery segment, with both Alibaba-backed Bigbasket and ....

10 June, 2019

Flipkart localises manufacturing of over 50% private-label goods; Skyblue buys HomeShop18

Payal Ganguly

Walmart-backed e-commerce platform Flipkart has moved to India the manufacturing and sourcing of over 50% of goods under its private ....

10 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

Unilever Ventures leads $10.5 mn funding for grocery delivery firm Milkbasket

Binu Paul

Grocery delivery startup Milkbasket has raised its largest funding worth $10.5 million (Rs 73 crore at current exchange rate), ....

4 June, 2019

RP-SG Ventures leads investment in personal care startup mCaffeine

Kavya Kothiyal

Online-first personal care brand mCaffeine said on Tuesday that it has raised $2 million (Rs 13.8 crore at the current exchange ....

4 June, 2019

Funding roundup: Smart e-scooters, social commerce in spotlight as dealmaking gathers steam

Vijayakumar Pitchiah

There was a significant uptick in startup-related dealmaking activity as the month of May drew to a close, with the value of deals ....

31 May, 2019

Walmart names Google exec Suresh Kumar as CTO, chief development officer

Om Athavale

US-headquartered retail giant Walmart has named Google executive Suresh Kumar as its chief technology officer and chief development ....

29 May, 2019

Truecaller, aiming to offer loans soon, ropes in Flipkart lending exec as India MD

Payal Ganguly

On the cusp of launching loan services, caller identification service Truecaller has appointed Flipkart head of consumer and commercial ....

29 May, 2019