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Government bans "dark patterns" on e-commerce platforms; notifies guidelines

Government bans "dark patterns" on e-commerce platforms; notifies guidelines

Sat, Dec 02, 2023

In order to protect consumers' interest, the government has banned use of "dark patterns" on e-commerce platforms which intend to deceive customers or manipulate their choices.

Over 80% Indian retailers do not see e-commerce as a threat: Report

Over 80% Indian retailers do not see e-commerce as a threat: Report

Thu, Nov 02, 2023

MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.

E-commerce firm Meolaa gets $2 million seed funding

E-commerce firm Meolaa gets $2 million seed funding

Tue, Oct 10, 2023

The company raised its pre-seed funding round of $165K in March 2022. This round of funding helped to kickstart Meolaa's growth and support its mission to create a community of conscious consumers and purpose-driven brands.

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You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

Mon, Mar 06, 2017

E-commerce giant, Amazon began selling Apple’s iPhone 6 new 32GB variant in India for Rs 28,999. The iPhone 6 was officially launched in September 2014 along with the iPhone Plus; however, the phone offered only three storage options including—16 GB, 64GB and 128GB.

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Sun, Mar 05, 2017

Planning to buy iPhone 7 or iPhone 7 plus but don't know what to do with old iPhone?

Flipkart to hire 20-30% more this year

Flipkart to hire 20-30% more this year

Sun, Mar 05, 2017

Besides, it hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales to ensure it can meet the huge jump in demand.

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Thu, Mar 02, 2017

Chinese e-commerce major Alibaba, along with investment firm SAIF Partners, will pump in USD 200 million in Paytm's online marketplace unit.

Morgan Stanley trims its Flipkart valuation once again

Morgan Stanley trims its Flipkart valuation once again

Tue, Feb 28, 2017

Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley, in a US Securities and Exchange Commission (SEC) filing said that it has revised value of its each share in Flipkart Online Services at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.

Raymond to launch online tailoring concierge services in select cities soon

Raymond to launch online tailoring concierge services in select cities soon

Mon, Feb 27, 2017

Raymond will soon launch a concierge tailoring services online where a tailor from the show will visit to take the measurements after which clothing can be ordered online.

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

Mon, Feb 27, 2017

Apart from demonetisation Pokhriyal further spoke on GST, Textile Minister Smriti Irani and how US President Donald Trump's decision to end the Trans-Pacific Partnership (TPP) is beneficial to them.

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Mon, Feb 27, 2017

E-wallet major Paytm has crossed 200 million customers on Monday with the total balance in wallets amounting to Rs 899.11 crore, Vijay Shekhar Sharma, CEO tweeted. Replying to a tweet Sharma said that the company adds 7,00,000 wallet users per day.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Sun, Feb 26, 2017

Paytm founder and CEO Vijay Shekhar Sharma tweeted: "Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring. We welcome you @Paytm and @Paytm-Mall with open arms."

Less than 2% startups reach the coveted 'unicorn' status

Less than 2% startups reach the coveted 'unicorn' status

Fri, Feb 24, 2017

What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.

Snapdeal to lay off 600 people over next few days

Snapdeal to lay off 600 people over next few days

Wed, Feb 22, 2017

A Snapdeal spokesperson said: "On our journey towards becoming India's first profitable e-commerce company in two years, it is important that we continue to drive efficiency across all parts of our business, which enables us to pass on the value to our consumers and sellers."

Flipkart to use Microsoft cloud to boost e-tail sales

Flipkart to use Microsoft cloud to boost e-tail sales

Mon, Feb 20, 2017

The strategic partnership was announced by Microsoft CEO Satya Nadela on his maiden visit to this tech hub after he took over the reins of the world`s largest software firm in February 2014.

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Thu, Feb 16, 2017

When Paytm founder Vijay Shekhar Sharma used Prime Minister Narendra Modi as a front page cover on a newspaper for a Paytm advertisement advising people to use the e-wallet, many including political figures criticised the move.

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Thu, Feb 16, 2017

Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Wed, Feb 15, 2017

CEO and Founder of Paytm, Vijay Shekhar Sharma, on Wednesday at the Retail Leadership Summit said that its e-commerce wing was aiming for a ‘moon shot’ target by the end of this year.

Were Flipkart, Myntra ahead of their time with app-only business model?

Were Flipkart, Myntra ahead of their time with app-only business model?

Tue, Feb 14, 2017

When Flipkart, Myntra's parent company decided to give the latter an app-only interface, discontinuing the desktop website completely, it did so with the thought that its customers who were mobile savvy, would be more than willing to adapt to an app-only model. But they were wrong.

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Mon, Feb 13, 2017

The V-200 VR connects via a smartphone and is compatible with iOS, Android and Windows smartphones with screen sizes ranging from 4.7 inches – 6 inches.

Offline retailers re-writing norms of online retailing

Offline retailers re-writing norms of online retailing

Fri, Feb 10, 2017

Internet retail market to touch $70 billion in India by 2020. Internet channel to account for 4% revenues of retailers up from current 3.1%.

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Thu, Feb 09, 2017

Tax collection at source main cause for concern for e-commerce retailers. E-commerce companies are vociferously for GST. Due to TCS, close to Rs 400 crores per annum of capital will be locked into the system.

Check out five best iPhone deals on Flipkart’s Apple Fest

Check out five best iPhone deals on Flipkart’s Apple Fest

Thu, Feb 09, 2017

Indian e-commerce company, Flipkart with its January edition of ‘Apple Fest’ offers that ended on January 30 was brought back for three days from February 7 to 10. Here are a few best deals on iPhones that you can avail on phone exchanges till tomorrow.

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