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IPO-bound FirstCry files DRHP, aims to raise Rs 1,816 crore

IPO-bound FirstCry files DRHP, aims to raise Rs 1,816 crore

Thu, Dec 28, 2023

Mother and child care e-commerce platform FirstCry filed its draft red herring prospectus (DRHP) with the market regulator SEBI, seeking to raise Rs 1,816 crore via fresh issue of shares.

What is Quick Commerce and What does it mean? How Beneficial is Quickcommerce?

What is Quick Commerce and What does it mean? How Beneficial is Quickcommerce?

Tue, Sep 26, 2023

After e-commerce, now quick commerce, why increased focus on quick commerce? How profitable is Quickcommerce going forward? Know complete details in this video

Giva raises Rs 270 crore in Series B funding; Targets silver jewellery market

Giva raises Rs 270 crore in Series B funding; Targets silver jewellery market

Wed, Jul 05, 2023

Giva has secured Rs 270 crore in Series B funding, led by Premji Invest. With a doubled valuation since its previous funding, Giva plans to expand into new segments, focusing on fine silver jewellery. Watch this video to know more about the details of this funding round and Giva's strategies for growth and profitability.

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Amazon slashes selling fee for new vendors by 50% ahead of festive season

Amazon slashes selling fee for new vendors by 50% ahead of festive season

Mon, Sep 12, 2022

Amazon India also announced that lakhs of sellers across India are looking forward to potential benefits from this festive season.

Xiaomi Smart Air Fryer in Pics: from price to top features, all you need to know

Xiaomi Smart Air Fryer in Pics: from price to top features, all you need to know

Wed, Aug 10, 2022

Xiaomi Smart Air Fryer price: Global technology giant Xiaomi on Tuesday announced the launch of announced the launch of Xiaomi Smart Air Fryer 3.5L in India, the smart kitchen appliance that features wide-temperature range for multi-functional cooking, more than 50+ smart recip

Ahead of festive season, demand for contract workers witnesses big jump

Ahead of festive season, demand for contract workers witnesses big jump

Wed, Jul 20, 2022

Ahead of the festive season, the demand for contract workers has witnessed a 66 per cent sequential growth during June mainly led by e-commerce companies, according to a report

No more rounds to consumer courts; filing of claims and settlement to become easier

No more rounds to consumer courts; filing of claims and settlement to become easier

Mon, Jun 20, 2022

Government is working on a plan to bring in mechanism for speedy addressal of consumer related greivances and complaints. This is in view of the growing consumer complaints and a demand from them to do so

Fake reviews on e-commerce platforms under Centre’s radar; consumer ministry to hold meeting with ASCI on Friday

Fake reviews on e-commerce platforms under Centre’s radar; consumer ministry to hold meeting with ASCI on Friday

Thu, May 26, 2022

Consumer Affairs Secretary will hold meeting with e-commerce entities and stakeholders to discuss magnitude of fake reviews and prepare a roadmap ahead agovernment release said

Flipkart strengthens distribution infra in east with growing grocery demand

Flipkart strengthens distribution infra in east with growing grocery demand

Wed, Mar 16, 2022

E-commerce major Flipkart on Tuesday said it has expanded its network of fulfilment centres here as demand for online grocery services grew by a whopping 75 per cent since June last year.

Traders' body CAIT accuses e-commerce giants of violating FDI norms

Traders' body CAIT accuses e-commerce giants of violating FDI norms

Tue, Mar 15, 2022

India's largest traders' association CAIT on Tuesday said a few multinational e-commerce giants with a heavy arsenal of funding are attempting to flout foreign investment guidelines for the sector and demanded strict enforcement action.

How Hafiz Ahmed is dominating the E-Commerce world is rather impressive.

How Hafiz Ahmed is dominating the E-Commerce world is rather impressive.

Wed, Feb 23, 2022

This expert helps create generational change by helping people create wealth, how? Read on to know.

Tencent shareholders get $16.4 billion windfall as JD.com stake given as dividend

Tencent shareholders get $16.4 billion windfall as JD.com stake given as dividend

Thu, Dec 23, 2021

Tencent said on Thursday it will distribute HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China`s second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com`s biggest shareholder to Walmart.

Xpdel to invest USD 50 mn in India, hire 1,500 persons by 2023

Xpdel to invest USD 50 mn in India, hire 1,500 persons by 2023

Thu, Nov 18, 2021

E-commerce-focussed logistics firm Xpdel plans to invest around USD 50 million or about Rs 370 crore to expand business in India covering deliveries in 60 per cent of the country's geographical area, a senior official of the company said on Thursday.

Festive season sale volumes more than double from last year: Snapdeal

Festive season sale volumes more than double from last year: Snapdeal

Mon, Nov 01, 2021

"Snapdeal's daily order volumes on sales days were more than double of last year. The growth was led by strong performance across multiple categories. The fashion category witnessed 254 per cent growth in volumes while home and kitchen grew 101 per cent over last year," according to a statement

GoPaisa eyes Rs 120-crore gross merchandise value this festive season

GoPaisa eyes Rs 120-crore gross merchandise value this festive season

Fri, Oct 22, 2021

E-commerce firm GoPaisa expects gross merchandise value (GMV) on its platform to rise three-folds to Rs 120 crore, driven by cashback and coupons, during the festive season till Diwali, the company said on Friday.

Fraazo raises $50 million in fresh funding round

Fraazo raises $50 million in fresh funding round

Wed, Oct 13, 2021

Online vegetable and fruit seller Fraazo has raised USD 50 million (around Rs 377 crore) in a fresh round of funding. The investment enables Fraazo to strengthen its fulfilment network, as it prepares for a multi-city launch across India.

Etailers should display details of sellers clearly on their platform: CCPA

Etailers should display details of sellers clearly on their platform: CCPA

Tue, Oct 12, 2021

According to an advisory issued by the Central Consumer Protection Authority (CCPA), etailers should display details of sellers like their name as well as address and contact information of the grievance officer in a clear and accessible manner in the interest of consumers.

Amazon advances festive sale date, GIF to now start on Oct 3

Amazon advances festive sale date, GIF to now start on Oct 3

Sun, Sep 26, 2021

"Our top priority remains customer trust and the interest of our sellers, especially the lakhs of small sellers and the tens of thousands of local shop owners across India. We continue to innovate for our partners, small businesses and customers, as they gear up for the upcoming festive season," an Amazon spokesperson said on Sunday

Zomato to stop grocery delivery service from Sep 17

Zomato to stop grocery delivery service from Sep 17

Sun, Sep 12, 2021

In an email to its grocery partners, Zomato said, "At Zomato, we believe in delivering best in class services to our customers and largest growth opportunities to our merchant partners. We don't believe that the current model is the best way to deliver these to our customers and merchant partners. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021"

One district-one product flaghsip scheme! UP to have its own ODOP e-commerce portal

One district-one product flaghsip scheme! UP to have its own ODOP e-commerce portal

Fri, Aug 27, 2021

The Uttar Pradesh government plans to launch its own e-commerce website dedicated to goods identified under the states flagship scheme of one district-one product (ODOP).

MAJOR CHANGES! E-commerce marketplace entity shall not sell any goods owned or controlled by it

MAJOR CHANGES! E-commerce marketplace entity shall not sell any goods owned or controlled by it

Thu, Jul 22, 2021

The Ministry of Consumer Affairs has specified that an e-commerce marketplace entity shall not sell any goods owned or controlled by it on such e-commerce marketplace platform.

We will have cash of around Rs 1,000 in the balance sheet in next four years: Pankaj Poddar, CEO, Cosmo Films

We will have cash of around Rs 1,000 in the balance sheet in next four years: Pankaj Poddar, CEO, Cosmo Films

Mon, Jul 05, 2021

Pankaj Poddar, CEO, Cosmo Films Ltd., talks about the new products and products in the pipeline, current capacity, margin projections, expansion, diversification of business and CapEx among others during a candid chat with Zee Business Executive Editor Swati Khandelwal

Facebook expands Shops to WhatsApp, Marketplace in commerce push

Facebook expands Shops to WhatsApp, Marketplace in commerce push

Wed, Jun 23, 2021

Facebook Inc is expanding its "Shops" feature to messaging app WhatsApp and to Facebook Marketplace, the company said on Tuesday as it announced changes to its commerce tools.

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