Ecommerce
Consumer
E-commerce companies clock sales of $3.5 bn in 4 days of festive season
E-commerce platforms clocked sales of ₹24,500 crore or $3.5 billion in the first four days of the festive season sales that ......
Consumer
Amazon extends four-hour delivery to 50 locations in India
Amazon India has expanded its same-day delivery option for Prime members, by taking it up a notch, to four-hour deliveries, ......
TMT
SaaS platform Dukaan lays off 23 employees
Software-as-a-service (SaaS)-based e-commerce platform, Dukaan has laid off 23 employees. "This week, we had to let go of 23 employees ......
Consumer
Amazon, Flipkart extend flagship sale, marketing moves ahead of festive season
Online marketplaces Amazon and Flipkart are gearing up for this year’s festival sales beginning 23 September, with the former running ......
TMT
Amazon trims India losses as units' revenue rises 30%
E-commerce giant Amazon India reported a 30% increase in revenue at its five units—marketplace, transportation, internet, data and payments—for the ......
TMT
Zilingo tried to dispatch 'millions' of substandard masks to India: Health Ministry
Singapore-based fashion e-commerce startup Zilingo allegedly tried to dispatch “millions” of substandard Chinese KN95 masks during the covid pandemic in ......
Consumer
Nandan Nilekani-funded ShopX files for bankruptcy
Bengaluru-based ShopX has decided to ‘wind down its operations’ and has filed an application for insolvency and bankruptcy under Section ......
TMT
AI-based e-commerce startup Graas makes first India bet
Singapore-based e-commerce solution provider Graas (growth-as-a-service) made its maiden foray into India with the acquisition of artificial intelligence-backed direct-to-consumer (D2C) ......
TMT
PE, VC deals decline in terms of value for first half of 2022: report
India Inc recorded deals worth $25.1 billion in private equity and venture capital investments in the first six months of ......
TMT
LetsVenture's Shanti Mohan launches micro-VC fund
Investment platform LetsVenture’s co-founder Shanti Mohan has launched a Rs 50 crore (around $6.3 million) micro venture fund to invest ......