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BigBasket aims to turn profitable in 8 months; eyeing IPO in 2025
BigBasket, the Tata group-owned online grocer, is eyeing to come out with an initial public offering in 2025 after turning profitable, a top official...
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...
Flipkart launches UPI handle to elevate digital payment experience for over 500 million users
Flipkart on Sunday announced the launch of its UPI (Unified Payments Interface) handle, aiming to enhance digital payment offerings to all users, including the...
Quick commerce platforms Blinkit and Zepto expand into e-commerce, targeting fashion, beauty, electronics, and more
Two major quick commerce platforms, Blinkit owned by Zomato and Mumbai-based newcomer Zepto, are rapidly expanding into the realm of e-commerce. They are set...
Myntra secures $54 Million investment boost from parent company Flipkart
Myntra has recently secured a $54 million investment from its parent company Flipkart. This infusion of funds comes at a crucial time for the...
New PwC study shows divergent online shopping habits across India’s urban-rural spectrum
While it may appear otherwise, online shopping is no longer confined to metropolitan areas. With increasing digital literacy and widespread internet access, smaller cities...
Flipkart expands grocery operations with fourth fulfillment center in West Bengal
Flipkart, the e-commerce marketplace, announced the opening of its fourth grocery fulfillment center in Malda, West Bengal, as stated in a press release issued...
Amazon to challenge Meesho with budget-friendly fashion vertical ‘Bazaar’
Amazon, the ecommerce major, is reportedly gearing up to launch its new vertical, Bazaar, showcasing budget-friendly, unbranded fashion and lifestyle products.As per ET's report,...
Flipkart explores buyout of cash-strapped Dunzo
Flipkart, a major ecommerce platform backed by Walmart, is reportedly exploring the acquisition of cash-starved hyperlocal delivery startup Dunzo.According to a TechCrunch report, complexities...
Senior shake-up at Flipkart: Top deck under pressure as major executive departures expected
According to a report by ET, Flipkart, a major player in e-commerce, is currently trimming its workforce in a bid to enhance profitability. Multiple...
Zomato’s Blinkit set to ramp up e-commerce deliveries with diverse product range
Zomato may soon encounter competition from ecommerce giants such as Amazon and Flipkart as it delves into expanding its 10-minute delivery service, Blinkit, to...
E-commerce firms boost efforts for gender diversity in supply chain roles
E-commerce firms are actively working to address the gender imbalance in supply chain roles, which have historically been dominated by men.In a bid to...