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Amazon India relocates to Bengaluru as part of cost-cutting strategy
Amazon India is relocating its Bengaluru office to a new location near Kempegowda International Airport as part of its cost-cutting strategy. The company's current office...
Zomato introduces ‘District’ App, enabling customers to book tables, tickets, and events
Food delivery platform, Zomato has rolled out its 'District' app on iOS and Android platforms, three months after announcing its launch. The app enables...
ED launches probe against Amazon and Flipkart following seller investigations
The Enforcement Directorate (ED) has shifted its focus to investigating Amazon and Flipkart, after sellers, for allegedly violating foreign direct investment norms through their...
Morgan Stanley ups Zomato’s target price to INR 355, sees 31.7% upside potential
Global brokerage firm Morgan Stanley has increased its target price for Zomato to INR 355 from INR 278, citing the company's potential to benefit...
Kolkata’s Gariahat Hawkers opt for Digital amid rise of e-commerce to boost sales
Gariahat hawkers in Kolkata are embracing the online marketplace to regain lost business due to the rise of e-commerce. The Gariahat Indira Hawkers' Union,...
Global delivery service Borzo adds 3-Wheelers and Trucks to fleet
Global delivery service Borzo has introduced 3-wheeler and truck delivery services to cater to larger deliveries and enhance flexibility for businesses in key metros.Borzo...
Swiggy appoints ex- Lenskart executive Supriya Shankar as VP of Events
Foodtech giant Swiggy has appointed Supriya Shankar, a former Lenskart executive, as Vice President of its events and experience vertical. Shankar brings over a...
Flipkart to create 600 jobs with new FSC centre in Indore
Flipkart, India's leading e-commerce platform, has launched a new Fulfilment and Sortation Center (FSC) in Indore, Madhya Pradesh. Spanning 1.59 lakh sq. ft., this...
Zepto doubles target, aims to secure $300 Mn from domestic investors
Indian quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, as per sources close to the...
FSSAI directs e-Commerce FBOs to prevent misleading information about food products
The Food Safety and Standards Authority of India (FSSAI) held a meeting in Delhi with e-commerce Food Business Operators (FBOs) to reinforce food safety...
Quick commerce market to reach $40 Bn by 2030, engulfs nearly half of kirana sales
Quick commerce companies are surpassing traditional retailers, with 46% of consumers reducing purchases from Kirana shops. The quick commerce market is expected to reach...
Zomato to raise INR 8,500 Cr via QIP in December
Food delivery giant Zomato is planning to launch a INR 8,500 crore qualified institutional placement (QIP) in December 2024, depending on market conditions.Morgan Stanley...