Wednesday, December 25, 2024

e-commerce

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...

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...

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...

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...

Delhivery net profit surges to INR 10.2 Cr, revenue sees 8.1% jump in Q2 

Delhivery, a leading logistics company, reported a consolidated net profit of INR 10.2 crore in the September quarter of FY25, marking its second consecutive...

Physics Wallah appoints Amit Sachdeva from Blinkit as CFO ahead of IPO

Physics Wallah, an edtech unicorn, has strengthened its leadership team by appointing Amit Sachdeva, former Blinkit executive, as its new Chief Finance Officer (CFO)....

CCI to move SC over competition law violations by Amazon, Flipkart

India's antitrust regulator, the Competition Commission of India (CCI), is considering taking its case against Amazon and Flipkart to the Supreme Court. High Courts receive...

CAIT targets Quick Commerce platforms over alleged law violations

The Confederation of All India Traders (CAIT) has set its sights on quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto, accusing them of...

‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing

Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...

Recent articles