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Abu Dhabi fund Alpha Wave leads funding for e-commerce platform Foxy

TMT

14 September, 2020

Abu Dhabi fund Alpha Wave leads funding for e-commerce platform Foxy

EkAnek Networks Pvt Ltd, which operates personalised e-commerce platform Foxy, has raised Rs 40 crore ($5.44 million) in a Series ......

Amazon starts e-pharmacy in India as online drug sales grow

TMT

14 August, 2020

Amazon starts e-pharmacy in India as online drug sales grow

Amazon.com Inc on Friday launched an online pharmacy in India to serve the city of Bengaluru, the latest move by ......

Myntra buys out partner Deepika Padukone from fashion brand

TMT

06 August, 2020

Myntra buys out partner Deepika Padukone from fashion brand

Myntra, the fashion- and apparel-focussed e-commerce subsidiary of Walmart-owned Flipkart, has bought out actor Deepika Padukone from the All About ......

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

TMT

14 July, 2020

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

Online retailer Flipkart said on Tuesday it is raising $1.2 billion (Rs 9,048 crore) in a funding round led by ......

E-commerce firm IncNut bags Series A cheque from RP-Sanjiv Goenka Group

TMT

14 July, 2020

E-commerce firm IncNut bags Series A cheque from RP-Sanjiv Goenka Group

IncNut Digital Pvt. Ltd, which operates a beauty care products-focussed media and e-commerce platform, has raised $4 million (Rs 30.15 ......

Amazon injects $308 mn more into India unit

TMT

08 July, 2020

Amazon injects $308 mn more into India unit

Amazon.com Inc has invested 23.10 billion rupees ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at ......

US technology firms in India not ready to pay digital tax, says lobby group

TMT

07 July, 2020

US technology firms in India not ready to pay digital tax, says lobby group

A lobby group representing U.S. technology giants has said its members are not yet ready to make the first payment ......

Amazon, Flipkart to consider listing of ‘country of origin' label on products

TMT

25 June, 2020

Amazon, Flipkart to consider listing of ‘country of origin' label on products

E-commerce players in India such as Amazon's local unit and Walmart's Flipkart will consider asking sellers on their platforms to ......

Amazon pledges $2 bn venture capital fund to invest in clean energy

TMT

24 June, 2020

Amazon pledges $2 bn venture capital fund to invest in clean energy

Amazon.com Inc said on Tuesday it will launch a $2 billion venture capital fund that will focus on technology investments ......

India puts restrictions to curb sale of ‘Chinese' products to govt agencies

General

23 June, 2020

India puts restrictions to curb sale of ‘Chinese' products to govt agencies

Amid growing calls for a boycott of Chinese goods after a clash on the border in which 20 Indian soldiers ......