Thursday, December 26, 2024

e-commerce

Delhivery grants above 11 lakh equity shares under ESOPs plans

E-Commerce
Delhivery has awarded 11.21 lakh stock options to employees under three ESOP plans. The company's board approved the grant, allowing employees to convert options...

Star Localmart eyes retail expansion with 3000 stores in next five years

Retail & Ecommerce
Star Localmart, part of the Sanjay Ghodawat Group, plans to expand to 130 stores by March 2025. Over the next 5 years, they aim...

Zomato CEO Deepinder Goyal addresses flirty notifications on The Kapil Sharma Show

E-Commerce
The Great Indian Kapil Show will soon welcome two surprising guests—Zomato CEO Deepinder Goyal and his wife Grecia Munoz, along with Infosys founder Narayana...

Bengaluru court halts Swiggy from claiming former executive’s ESOPs

E-Commerce
A Bengaluru civil court has temporarily stopped Swiggy from selling or placing any claims on over 200 stock options held by a former executive...

Flipkart’s Ekart Logistic registers INR 1,718.4 Cr net loss, 5X surge from FY24

E-Commerce
Flipkart's logistics arm, Ekart Logistics, has reported a significant increase in net losses to INR 1,718.4 crore in the financial year 2023-24, a five-fold...

ED raids sellers linked to e-commerce giants Amazon and Flipkart 

E-Commerce
India's Enforcement Directorate (ED) conducted surprise raids on Thursday, November 7 at offices of sellers linked to Amazon and Flipkart, amid growing scrutiny of...

Zero-commission app WAAYU expands food delivery to Hyderabad

E-Commerce
Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over...

Reliance Retail partners with Californian brand YTTP to introduce vegan skincare items

Retail & Ecommerce
Reliance Retail’s Tira has announced the exclusive launch of California-based skincare brand Youth To The People (YTTP) in India. As the sole distributor, Reliance...

FSSAI plans discussions with quick commerce firms on sale of near-expiry food items

E-Commerce
Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet...

Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’

Food Tech
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...

Magicpin cuts platform fee to INR 5 as Zomato, Swiggy raise charges

Retail & Ecommerce
Magicpin, a hyperlocal delivery service, has cut its platform fee to INR 5 per delivery, making it half the cost of what Zomato and...

Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY

E-Commerce
Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year. Meesho adjusted losses to INR...
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