Ecommerce
Finance
Flipkart Internet gets infusion from Singapore parent
Flipkart Internet, the online marketplace arm of the Walmart-backed company, has received $90 million ( ₹722 crore) fund infusion from ......
People
UpScalio sacks 15% staff
UpScalio, which manages several direct-to-customer (D2C) brands, has laid off 15% of its workforce or around 40 employees basis individual ......
Finance
Meesho FY22 loss surges, revenue grows 4x
SoftBank-backed e-commerce platform Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22 against a ......
Consumer
Milk tops chart of most-ordered groceries online: Report
As the popularity of quick commerce rose through the year, platforms such as Swiggy’s Instamart as well as Dunzo shared ......
Consumer
Moglix in talks to raise $100-150 mn
Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing investors, said three ......
People
Meesho hires ex-Google director as VP of engineering
Homegrown ecommerce company Meesho announced the appointment of Divyesh Shah, who has joined as the company’s vice president, engineering. Shah ......
People
Nykaa's CFO Arvind Agarwal steps down, Lighthouse sells stake
Arvind Agarwal, the chief financial officer (CFO) of FSN E-Commerce Ventures Ltd-run Nykaa, resigned from his position with 25 November ......
Consumer
ABFRL enters into partnership to bring Galeries Lafayette to India
Aditya Birla Fashion and Retail Limited (ABFRL) on Thursday announced that it has entered into a strategic partnership with French ......
Finance
Flipkart's loss widens 51% to Rs 4,362 cr in FY22
Flipkart Internet Pvt. Ltd, which operates the e-commerce marketplace, recorded a 31% year-on-year jump in its revenues to Rs 10,659 ......
TMT
Meesho parent infuses $192 mn to India entity
Internet commerce firm Meesho, operated by Fashnear Technologies, has received $192 million from its parent entity, Meesho Inc. Meesho’s board has ......
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