ecommerce
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Nykaa shares rally 6% as company anticipates ‘high-twenties’ revenue growth in Q4
Shares of FSN E-commerce, the parent company of the major beauty and fashion ecommerce platform Nykaa, surged more than 6% in Monday's trading session,...
Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA
Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...
Amazon India’s largest seller Appario acquired by Clicktech as ecommerce giant reduces seller ownership
Clicktech, a major seller on Amazon India, is set to acquire its counterpart Appario as Amazon aims to reduce its ownership in sellers on...
Ecommerce sees modest Q1 growth at 12-15%, industry anticipates 20% uptick by April
According to market research data, ecommerce sales experienced a modest growth of 12-15% in the initial quarter of this year, marking a decline from...
Meesho in advanced talks to raise $300 Million from Tiger Global, SoftBank, and other investors
Ecommerce unicorn Meesho is reportedly preparing to secure $300 million (around INR 2,499 crore) in a fresh funding round, with investors including Tiger Global...
Amazon India adjusts seller fees, impacts various categories starting April 7
In a significant move, Amazon India has informed its sellers about changes to its fee structures effective April 7. Several categories are expected to...
Flipkart’s valuation takes a hit, declines by over INR 41,000 Crore in two years
Flipkart, the ecommerce giant, has seen a decrease in valuation by $5 billion or approximately INR 41,000 crore since January 2022, according to equity...
NITI Aayog maps out strategy to boost exports from MSMEs, unveils comprehensive roadmap
NITI Aayog has suggested a range of initiatives aimed at enhancing exports from micro, small, and medium enterprises (MSMEs). These measures include establishing a...
BigBasket and Flipkart accelerate delivery services to compete with quick-commerce rivals
Over the last two months, both BigBasket, an online grocer, and Flipkart, a leading ecommerce platform, have streamlined their delivery processes. This move comes...
Peak XV Partners and Tiger Global eye stake acquisition in SoftBank-backed Meesho amidst secondary deal talks
According to a report by ET, Peak XV Partners (formerly known as Sequoia Capital India) and Tiger Global, along with several other investors, are...
ONDC surpasses 7.1 Million orders milestone in February since inception last year
The government-backed Open Network for Digital Commerce (ONDC) has achieved a milestone by completing more than 7.1 million cumulative orders in February since its...
Flipkart Internet receives INR 924 Crore cash infusion from Singapore entities
Flipkart’s marketplace arm, Flipkart Internet, has received a cash infusion, raising about INR 924 crore ($111 million) in two parts from its related entities...