ecommerce
Breaking News
Reliance Industries targets consumer durables market with Wyzr brand expansion
Reliance Industries Limited plans to strengthen its consumer durable vertical in the coming months with the new brand Wyzr.The Wyzr brand, managed by Reliance...
Axis Capital initiates coverage on Zomato with ‘buy’ rating, sets price target of INR 254
Axis Capital, a brokerage firm, has initiated coverage of foodtech giant Zomato with a 'buy' rating, noting that the company provides a "compelling investment...
Beauty platform Nykaa grants 4.05 Lakh ESOPs ahead of Q4 results
Nykaa, a leading beauty and fashion ecommerce platform, has granted 4.05 Lakh stock options under its Employee Stock Option Policy (ESOPs) scheme ahead of...
Amazon surpasses rivals as Gen Z’s top fashion destination in India, survey finds
The e-commerce giant Amazon has emerged as the preferred online fashion platform for Gen Z (people born between 1995 and 2010) in India, surpassing...
Govt to launch mobile app to curb deceptive practices by online platforms
The Centre is purportedly gearing up to launch a mobile app that will notify users whenever online platforms attempt to deceive them through manipulative...
Ecommerce industry backs govt’s mandatory quality norms for consumer reviews
Ecommerce platforms have united in support of the Centre’s proposal to mandate compliance with quality norms for consumer reviews.During a meeting held on Wednesday...
Amazon bolsters India marketplace with INR 1,660 Crore equity injection
The US parent company of Amazon Seller Services injected a fresh equity infusion of INR 1,660 crore ($199 million) into the company operating the...
Govt to make quality consumer review norms mandatory for e-commerce platforms to combat fake reviews
In a bid to address the issue of fake reviews, the union government plans to make it mandatory for e-commerce platforms to comply with...
Meesho appoints former Flipkart executive Surojit Chatterjee as independent director
Meesho, the ecommerce platform, has appointed Surojit Chatterjee as an independent director to its board.Moneycontrol was the first to report this development.This development comes...
D2C fashion brand Powerlook aims for INR 300 Crore GMV this fiscal year
The fashion brand Powerlook is aiming to achieve a gross merchandise value (GMV) of INR 300 crore in the current financial year, marking a...
Meesho secures $275 Million in first tranche of larger funding round
Meesho, the ecommerce platform, has successfully closed a $275 million funding round through a mix of primary and secondary share sales.According to a report...
Flipkart revamps seller rate card for transparent settlements and improved clarity
Flipkart, a leading player in e-commerce, has updated its pricing structure for sellers, aiming to improve their experience on the platform and provide clearer...