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New ‘enabler’ startups emerge as quick commerce gains traction
A new wave of 'enabler' startups is reshaping India's fast-growing quick commerce (Qcomm) ecosystem. This transformation is driven by the rapid expansion of hyperlocal...
Nykaa completes acquisition of additional 39% stake in Dot & Key for INR 265.3 Cr
Nykaa, a leading player in beauty and e-commerce, has completed the acquisition of an additional 39% stake in Kolkata-based skincare brand Dot & Key...
Myntra expects 1.6-fold increase in traffic during upcoming Big Fashion Festival
Fashion and lifestyle e-commerce platform Myntra anticipatesÍŹÍŹ aÍŹÍŹ 1.6-foldÍŹÍŹ increaseÍŹÍŹ inÍŹÍŹ trafficÍŹÍŹ duringÍŹÍŹ itsÍŹÍŹ festiveÍŹÍŹ sale,ÍŹÍŹ theÍŹÍŹ Big Fashion Festival (BFF),ÍŹÍŹ comparedÍŹÍŹ toÍŹÍŹ regularÍŹÍŹ...
Amazon India unveils AI chatbot Rufus ahead of Great Indian Festival sale
Ahead of its annual Great Indian Festival sale, e-commerce giant Amazon India has unveiled Rufus,ÍŹÍŹ aÍŹÍŹ generativeÍŹÍŹ AI-poweredÍŹÍŹ conversationalÍŹÍŹ shoppingÍŹÍŹ chatbot.TheÍŹÍŹ companyÍŹÍŹ aimsÍŹÍŹ toÍŹÍŹ...
Amazon’s home, kitchen, and outdoors category sees 25-27% CAGR over three years
The Home, Kitchen, and Outdoors category at Amazon India hasÍŹÍŹ seenÍŹÍŹ aÍŹÍŹ 3-yearÍŹÍŹ compoundÍŹÍŹ annualÍŹÍŹ growthÍŹÍŹ rateÍŹÍŹ (CAGR)ÍŹÍŹ ofÍŹÍŹ 25-27%,ÍŹÍŹ accordingÍŹÍŹ toÍŹÍŹ K.N. Srikanth,ÍŹÍŹ...
Nykaa strengthens GCC footprint with new subsidiary Nysaa Trading LLC in Saudi Arabia
As part of its strategy to expand internationally, beauty and fashion e-commerce giant Nykaa has established a wholly-owned subsidiary in Saudi Arabia, named Nysaa...
E-commerce sales in India expected to hit $12 Bn this festive season, up 23% from last year
E-commerce companies and online sellers areÍŹÍŹ projectedÍŹÍŹ toÍŹÍŹ deliverÍŹÍŹ merchandiseÍŹÍŹ valuedÍŹÍŹ atÍŹÍŹ $12ÍŹÍŹ billionÍŹÍŹ toÍŹÍŹ consumersÍŹÍŹ inÍŹÍŹ IndiaÍŹÍŹ thisÍŹÍŹ festiveÍŹÍŹ season,ÍŹÍŹ markingÍŹÍŹ aÍŹÍŹ 23%ÍŹÍŹ...
Nykaa accelerates same-day and next-day deliveries, achieves 60% fulfillment rate in 110 cities
As the quick commerce sector intensifies, beauty and fashion e-commerce giant Nykaa ÍŹÍŹÍŹhaÍŹÍŹs sÍŹtepÍŹpeÍŹdÍŹÍŹ ÍŹÍŹuÍŹpÍŹ itÍŹs samÍŹe-ÍŹdÍŹayÍŹ aÍŹnÍŹdÍŹ nextÍŹÍŹ-day dÍŹelÍŹiÍŹverÍŹy servÍŹiceÍŹs ÍŹwÍŹÍŹÍŹhÍŹile aÍŹlÍŹso expÍŹÍŹandiÍŹng...
Amazon opens three new fulfillment centres ahead of festive season sale
Ahead ÍŹofÍŹ thÍŹeÍŹ feÍŹstiÍŹvÍŹe sÍŹeaÍŹsÍŹoÍŹn, ÍŹAmazon India ÍŹhÍŹaÍŹs sÍŹeÍŹtÍŹ uÍŹpÍŹ ÍŹthrÍŹeÍŹe new fuÍŹlfillÍŹmÍŹentÍŹ cÍŹentÍŹrÍŹeÍŹsÍŹ ÍŹin DelÍŹhiÍŹ NÍŹCRÍŹ, ÍŹGuwÍŹahaÍŹtÍŹi, ÍŹand ÍŹPÍŹatnÍŹa, boosÍŹtiÍŹnÍŹgÍŹ sÍŹuppÍŹoÍŹrtÍŹ foÍŹrÍŹ moÍŹreÍŹ...
Myntra’s GenZ customer base doubles to 16 Mn in 2024
Lifestyle e-commerce platform Myntra has doubled its GenZ customer base to 16 million in 2024, up from over 8 million in mid-2023. This growth...
Quick commerce players ramp up 24×7 deliveries to meet festive season demand
Quick commerce platforms are ramping up their 24x7 delivery services for the festive season to meet consumer demand around the clock, executives said. This...
Flipkart, Amazon to kick off major festive sales from September 26
Under investigation by the Competition Commission of India (CCI), ecommerce giants Amazon and Flipkart are set to begin their annual festival season sales on...