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E-commerce Industry

Empyrean Cashews betting big on growth

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Updated On: 25 May 2022 | 9:31 PM IST

Swiggy temporarily shuts Genie across cities due to worker shortage: Report

Swiggy Genie services have been impacted across Mumbai, Hyderabad, and Bengaluru, said report

Updated On: 10 May 2022 | 2:37 PM IST

Flipkart acquires ANS Commerce to strengthen its e-commerce ecosystem

Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team, Flipkart said in a statement

Updated On: 19 Apr 2022 | 3:30 PM IST

Pratech Brands raises $3 mn led by Sequoia's 'Surge' to launch Hyugalife

Hyugalife will host over 1,000 brands across categories, including women's health, Ayurvedic and plant-based supplements, kids health, sports nutrition, vitamins, among others

Updated On: 14 Apr 2022 | 4:20 PM IST

What Nykaa CEO says about VCs without women in key positions

Nykaa CEO at a FICCI event said that the founders of her company approached several investors but were rejected because of the absence of women in key positions in venture capitalist firms

Updated On: 20 Mar 2022 | 12:02 AM IST

Need to protect consumers, small retailers amid growth in e-commerce: Govt

Consumer Affairs Secretary Rohit Kumar Singh on Tuesday stressed that there should not be a situation of monopoly by large e-commerce players like Amazon and Flipkart

Updated On: 15 Mar 2022 | 5:58 PM IST

CoutLoot: A digital platform for bargain hunters across Bharat and India

The firm allows buyers and sellers pan-India to haggle over price and terms in as many as 12 languages on chat platforms, is now planning video-enabled bargaining too

Updated On: 23 Feb 2022 | 9:34 AM IST

How Flipkart is collaborating with academia to solve problems for Bharat

Flipkart is deepening ties in social commerce, machine translation, search and natural language processing with top institutes in the country as it aims to tap next 200 million users.

Updated On: 02 Feb 2022 | 6:41 AM IST

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech

E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Updated On: 08 Jan 2022 | 12:48 AM IST

Credit card spends dip 11.6% in November after record show in October

November spends are still higher than pre-Covid levels, with 43% YoY growth

Updated On: 31 Dec 2021 | 6:10 AM IST

Direct-selling companies can't promote pyramid scheme, says govt

The direct sellers as well as the direct-selling entities using e-commerce platforms for sale will also need to comply with the requirements of the Consumer Protection Rules, 2020.

Updated On: 29 Dec 2021 | 12:32 AM IST

Has 2021 been a watershed moment for India's e-commerce industry?

New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year

Updated On: 22 Dec 2021 | 11:21 PM IST

Ananth Narayanan-led Mensa Brands acquires home decor label Folkulture

Deal value undisclosed; Folkulture retails largely on Amazon in North America and UK; is recognised for unique and elegant crafts, designed to embellish modern homes with a hint of bohemian culture

Updated On: 06 Dec 2021 | 4:22 PM IST

Mensa, house of D2C brands, raises $135 mn to become Asia's fastest unicorn

Within six months of starting the business, Bengaluru-based Mensa has raised more than $300 million in equity and debt

Updated On: 17 Nov 2021 | 1:05 AM IST

China's 'Lipstick Brother' livestream logs $2 billion in a day

Li, who earned his nickname by trying on various makeup products on his show, pre-sold 12 billion yuan in products ranging from Shiseido lotions to Apple AirPods

Updated On: 22 Oct 2021 | 2:31 AM IST

Indian e-commerce sales could grow by up to 60%, hit $84 bn in CY21: study

EasyEcom report predicts 32-68% spike in festive season demand; electronics the top category in this space, with 34% share of GMV in CY2020, likely to hold fort going forward

Updated On: 07 Oct 2021 | 2:12 PM IST

Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands

Over the next three years, Mensa will acquire over 50 brands across categories including home, garden, apparel, personal care, and beauty

Updated On: 06 Oct 2021 | 5:41 PM IST

India, Australia to include e-commerce in final free trade pact

India and Australia have agreed to include e-commerce in the final free trade agreement which is likely to be put in place by the end of next year

Updated On: 03 Oct 2021 | 9:49 PM IST