ecommerce
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Ola expands beyond ridesharing: Collaborates with ONDC to dive into grocery and fashion markets
Ola Mobility, a ridesharing unicorn led by Bhavish Aggarwal, is eyeing a diversification of its ecommerce offerings through collaboration with the Open Network for...
Flipkart Internet receives INR 1,421 Cr in funding from Singapore-based parent
Flipkart Internet, the e-commerce subsidiary of the Walmart-backed company, has received INR 1,421 Cr (approximately $170 Mn) through an internal fund transfer from its...
Amazon India partners with 15,000 local stores in Bengal for festive season supplies
Approximately 15,000 local stores in Bengal have partnered with Amazon India to supply fresh flowers, rangoli, and puja essentials for various new year celebrations...
Nykaa shares rally 6% as company anticipates ‘high-twenties’ revenue growth in Q4
Shares of FSN E-commerce, the parent company of the major beauty and fashion ecommerce platform Nykaa, surged more than 6% in Monday's trading session,...
Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA
Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...
Amazon India’s largest seller Appario acquired by Clicktech as ecommerce giant reduces seller ownership
Clicktech, a major seller on Amazon India, is set to acquire its counterpart Appario as Amazon aims to reduce its ownership in sellers on...
Ecommerce sees modest Q1 growth at 12-15%, industry anticipates 20% uptick by April
According to market research data, ecommerce sales experienced a modest growth of 12-15% in the initial quarter of this year, marking a decline from...
Meesho in advanced talks to raise $300 Million from Tiger Global, SoftBank, and other investors
Ecommerce unicorn Meesho is reportedly preparing to secure $300 million (around INR 2,499 crore) in a fresh funding round, with investors including Tiger Global...
Amazon India adjusts seller fees, impacts various categories starting April 7
In a significant move, Amazon India has informed its sellers about changes to its fee structures effective April 7. Several categories are expected to...
Flipkart’s valuation takes a hit, declines by over INR 41,000 Crore in two years
Flipkart, the ecommerce giant, has seen a decrease in valuation by $5 billion or approximately INR 41,000 crore since January 2022, according to equity...
NITI Aayog maps out strategy to boost exports from MSMEs, unveils comprehensive roadmap
NITI Aayog has suggested a range of initiatives aimed at enhancing exports from micro, small, and medium enterprises (MSMEs). These measures include establishing a...
BigBasket and Flipkart accelerate delivery services to compete with quick-commerce rivals
Over the last two months, both BigBasket, an online grocer, and Flipkart, a leading ecommerce platform, have streamlined their delivery processes. This move comes...