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Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

Consumer

21 August, 2024

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should ......

Nykaa appoints new CFO

Consumer

24 January, 2023

Nykaa appoints new CFO

FSN E-Commerce-operated Nykaa has appointed P Ganesh as its chief financial officer (CFO) effective 3 February 2023.  Ganesh joins Nykaa from ......

Rural e-commerce platform VilCart raises $18 mn in Series A

TMT

13 January, 2023

Rural e-commerce platform VilCart raises $18 mn in Series A

B2B rural e-commerce startup VilCart said it has raised $18 million (Rs 144 crore) in a Series A round led ......

‘B2C e-commerce space fastest among startups in unicorn race'

TMT

11 January, 2023

‘B2C e-commerce space fastest among startups in unicorn race'

E-commerce startups operating in the business-to-consumer (B2C) space win the race to churn the quickest unicorns, while those in the ......

Nykaa appoints new legal and regulatory head

Consumer

28 December, 2022

Nykaa appoints new legal and regulatory head

FSN E-Commerce Ventures Ltd, the owner of beauty e-retailer Nykaa has appointed Sujeet Jain as chief legal and regulatory officer. ......

Alibaba sells 3% stake in Zomato

Consumer

01 December, 2022

Alibaba sells 3% stake in Zomato

Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery giant Zomato for ₹1,631 ......

Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore

Finance

01 November, 2022

Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore

Flipkart India Pvt. Limited, the B2B (business-to-business) vertical of the Walmart-owned company, reported a loss of Rs 3,404 crore for ......

Soonicorn Zepto raises $200 mn at valuation of $900 mn; aims to double hiring

Consumer

03 May, 2022

Soonicorn Zepto raises $200 mn at valuation of $900 mn; aims to double hiring

Kiranakart Technologies Pvt Ltd, which runs Zepto, a 10-minute grocery delivery app, has raised $200 million in a Series D ......

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Meesho plans to launch live commerce biz by year-end as it readies for IPO

TMT

13 April, 2022

Meesho plans to launch live commerce biz by year-end as it readies for IPO

Meesho is running pilots to commercially launch its live commerce business by December-end and add value and regional brands on ......

E-commerce firm YOUKRAFT racks up $10 mn from Goel family office

Consumer

11 April, 2022

E-commerce firm YOUKRAFT racks up $10 mn from Goel family office

Youkraft Solutions Pvt Ltd, which runs e-commerce marketplace YOUKRAFT, on Monday said it has secured seed funding of $10 million ......