ecommerce
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Beauty and personal care sector set to surge to $90 Billion in 15 years: HSBC Global Research
The beauty and personal care sector's gross me͏rcha͏nd͏ise value is ͏projected t͏o hit $9͏0 billion over the next͏ 15 years, growing at f͏i͏ve͏ ti͏mes...
Nykaa to reappoint Pradeep Parameswaran and Seshashayee Sridhara as independent directors for second consecutive term
Nykaa, the beauty e-commerce startup, has informed the stock exchanges that it has passed a special resolution to reappoint Pradeep Parameswaran and Seshashayee Sridhara...
Indian consumers embrace 10-minute grocery apps, squeezing small retailers out of competition
In a suburban neighborhood of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse, hustle to fulfill orders within a 10-minute window. Their efficiency is monitored...
Lifelong Online enters baby care market with innovative product lineup
Lifelong Online, a prominent Indian e-commerce brand specializing in consumer goods, has expanded its horizons into the thriving baby care sector by introducing a...
Food delivery and e-commerce giants ramp up measures to protect delivery partners amidst sweltering heatwave
With large parts of India experiencing a heatwave and several cities recording higher-than-normal temperatures, food delivery and e-commerce platforms have introduced various measures to...
Flipkart to expand into food and beverage category on govt-backed ONDC platform
Flipkart, the ecommerce giant, is reportedly planning to enter the food and beverage (F&B) category on the government-backed Open Network for Digital Commerce (ONDC)...
ONDC sees record growth in May, registers 89 Lakh transactions
In May, the Open Network for Digital Commerce (ONDC) experienced significant growth, achieving a new milestone with 89 lakh transactions recorded across retail and...
Retailers scale back deep discounts as sales growth slows, prioritizing profitability
The discounts that have been luring shoppers to indulge in clothing, electronics, and footwear may see a notable decrease, as retailers like Aditya Birla...
Meesho’s Valmo fuels profitability growth, raises concerns for third-party players
In February of this year, Meesho, a Bengaluru-based ecommerce platform, introduced Valmo, its own logistics marketplace. The goal was to democratize third-party logistics and...
Ethnic wear brand Libas raises INR 150 Cr in funding round led by ICICI Ventures
Libas, a D2C ethnic wear brand, has secured INR 150 Cr in a strategic funding round from ICICI Ventures, the alternative investment arm of...
Adani Group plans entry into ecommerce and payments sector via ONDC
Gautam Adani-led Adani Group is reportedly exploring opportunities to enter the ecommerce and payments space as it expands its presence in burgeoning consumer-facing markets.According...
Ecommerce sales dip across segments in Q4, firms feel the pinch
Listed companies and industry trackers have noted a slowdown in online consumption during the March quarter across various segments including electronics, wearables, and beauty...