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Financing platform Velocity announces INR 400 Cr festive season fund for D2C brands
Velocity, a financing platform, has allocated INR 400 crore to assist D2C and e-commerce brands with their financing needs during the upcoming festive season...
Amazon Pay UPI crosses 100 Million user milestone
Amid a rise in online transactions across India, ecommerce giant Amazon's digital payments platform, Amazon Pay Unified Payments Interface (UPI), has surpassed the 100...
Tata Digital unveils new ESOP plan for senior executives to boost performance and retention
Tata Digital has launched a new employee stock option plan (ESOP) for its senior executives. This move by Chief Executive Naveen Tahilyani aims to...
Amazon India set to revise seller fees, reducing commissions by up to 12%
E-commerce giant Amazon India is set to revise its seller fee structures from September 9, cutting commissions in various categories as the festive season...
Rapid growth of quick commerce platforms threatening fair competition: AICPDF
As the debate over "predatory pricing policies" by ecommerce platforms continues, the All India Consumer Products Distributors Federation (AICPDF) has called on Union Commerce...
Nykaa hits fresh 52-week high as shares surge over 9%
Shares of beauty and fashion e-commerce major Nykaa surged over 9% in intraday trading today, reaching a fresh 52-week high of INR 229.9 on...
FSSAI orders removal of ‘A1’ and ‘A2’ claims from milk packaging
Food safety regulator FSSAI has instructed food businesses, including e-commerce platforms, to eliminate labels indicating 'A1' and 'A2' milk and milk products from their...
ONDC to unveil insurance and mutual fund solutions in the next two months
The government-backed Open Network for Digital Commerce (ONDC) is set to introduce insurance and mutual fund products within the next two months.According to the...
Nykaa’s early investor Harindarpal Singh Banga to offload 1.4% stake
As Nykaa enjoys a strong run on the stock market, early investor Harindarpal Singh Banga is reportedly planning to sell a 1.4% stake in...
Menswear brand Blackberrys partners with Myntra to expand reach across India
Blackberrys, a prominent menswear brand, has joined forces with the e-commerce platform Myntra in a strategic partnership.Thr͏ough ͏th͏is collabora͏ti͏on, Bl͏a͏c͏kberry͏s seek͏s ͏͏t͏o e͏xtend i͏ts...
Amazon’s home and kitchen segment sees 25% growth in Odisha for FY24
E-commerce giant Amazon India saw nearly 25% growth in its home, kitchen, and outdoors segment in Odisha for the 2023-24 fiscal compared to the...
Flipkart’s fintech app super.money moves out of beta, launches new RuPay credit card
Ecommerce giant Flipkart announced that its fintech app, super.money, has completed the beta phase following its success. The company also unveiled the app’s first...