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Toys ‘R’ Us bets big on Indian market, eyes top five position within 4-5 years
Toys 'R' Us, having recently commenced operations in India, anticipates that the Indian market will rank among its top five within the next four...
Walmart ramps up exports from India to reduce dependence on China
Walmart, the worldwide retail powerhouse with ownership of Flipkart and PhonePe, is increasing its export of goods from India. This strategic move aims to...
Woovly raises undisclosed funding, plans to expand into new lifestyle verticals for deeper market penetration
Woovly, the social commerce platform, has successfully secured an undisclosed funding sum from notable investors including Sony Innovation Fund, SOSV, RTAF, and ViNners.The Bengaluru-based...
Brand Studio Lifestyle rides high on Gen Z fashion wave, achieving 132% YoY growth
On Monday, Brand Studio Lifestyle (BLS), a fast fashion brand, announced a remarkable achievement, revealing that the company experienced a staggering 132% year-over-year growth...
E-commerce giants seek FDI for inventory-based export platforms
According to reports, key players in the industry have advocated for the central authorities to allow foreign direct investment (FDI) in inventory-based e-commerce platforms...
Walmart’s Q3 performance takes a hit as Flipkart’s Big Billion Day sale shifts to Q4
Walmart's India operations experienced a subdued third quarter, with festivities dampened by the delayed onset of the festive season.In its Q3 financial results unveiled...
E-commerce skyrockets in India’s festive season: GMV hits $10-11 Billion landmark
The festive season sale sparked a much-needed surge in online shopping following a subdued start to the year in the first half. E-commerce companies...
Salt Range Foods eyes nationwide retail expansion for its premium honey products after successful export venture
Salt Range Foods, a company based in Guwahati and established in 2014, has unveiled its strategic focus on expanding its retail sales of honey...
Flipkart Co-Founder Binny Bansal may invest $25-30 million more in Ankit Nagori’s Curefoods
Flipkart Co-Founder Binny Bansal is reportedly contemplating an investment of $25-30 million into Curefoods, a startup led by his former colleague Ankit Nagori. Curefoods...
Festive fervour hits new high with Flipkart Wholesale’s Diwali Shopotsav!
Flipkart Wholesale, the online B2B platform operating under the renowned Flipkart Group in India, is excited to introduce Diwali Shopotsav, an annual sales extravaganza...
Flipkart India’s B2B Arm Sees FY23 Loss Surge to INR 4,846 Cr Despite Revenue Rise!
Flipkart India, the B2B arm of Walmart-owned Indian e-commerce giant Flipkart, witnessed a substantial upsurge in its standalone net loss during the financial year...
Flipkart’s festive sales expected to generate up to INR 36,000 Crore in gross sales!
Flipkart is currently on track to attain a gross merchandise value (GMV) in the range of INR 33,000 to 36,000 crore during the ongoing...