Breaking News
Walmart reports 8% growth in International sales, credits Flipkart’s strong performance
US-based retail giant Walmart has announced an 8% year-on-year (YoY) growth in international sales to $30.3 billion in Q3 FY25, driven by Flipkart's solid...
Indic Wisdom bags $2 Mn in pre-Series A funding to expand wood-pressed oil business
Mumbai-based wood-pressed oils manufacturer Indic Wisdom has raised $2 million (approximately INR 16.88 crore) in its Pre-Series A funding round, led by Rockstud Capital...
Motilal Oswal initiates coverage on Swiggy with ‘Neutral’ rating, sees 15% upside potential
Brokerage company Motilal Oswal has initiated coverage on Swiggy with a 'neutral' rating, predicting a 15% upside potential from its current stock price. This...
Zomato expects 30% annual growth in core delivery business over next five years
Food delivery platform Zomato foresees its core delivery business to grow at an annual rate of 30% over the next five years, driven by...
10-minute food delivery startup Swish raises $2 Mn in seed funding
Just three months after its incorporation, Swish, a 10-minute food delivery startup, has secured $2 million in seed funding led by venture capital firm...
Zepto expands Cafe service to major cities after achieving INR160 Cr revenue run rate
Quick commerce company Zepto has announced the expansion of its cafe service to 120 cities, including Delhi NCR, Bengaluru, Hyderabad, Chennai, and Pune. This move...
Meesho cracks down on 2.2 Cr fraudulent transactions, files 12 cases in 12 months
E-commerce platform Meesho has taken stringent measures to combat fraudulent activities on its platform, according to its annual "Trust Assurance Report" released Monday, November...
Amazon India relocates to Bengaluru as part of cost-cutting strategy
Amazon India is relocating its Bengaluru office to a new location near Kempegowda International Airport as part of its cost-cutting strategy. The company's current office...
Zomato introduces ‘District’ App, enabling customers to book tables, tickets, and events
Food delivery platform, Zomato has rolled out its 'District' app on iOS and Android platforms, three months after announcing its launch. The app enables...
ED launches probe against Amazon and Flipkart following seller investigations
The Enforcement Directorate (ED) has shifted its focus to investigating Amazon and Flipkart, after sellers, for allegedly violating foreign direct investment norms through their...
Morgan Stanley ups Zomato’s target price to INR 355, sees 31.7% upside potential
Global brokerage firm Morgan Stanley has increased its target price for Zomato to INR 355 from INR 278, citing the company's potential to benefit...
Kolkata’s Gariahat Hawkers opt for Digital amid rise of e-commerce to boost sales
Gariahat hawkers in Kolkata are embracing the online marketplace to regain lost business due to the rise of e-commerce. The Gariahat Indira Hawkers' Union,...