Calls meeting to discuss complaints against edutech firms
Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".
It has been almost two years since govt asked online platforms to ensure compliance to display this information
Mandates Morgan Stanley to find lead investor; funds to be used for M&As
Seeks info on lending ops after cases of data breach
The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises
In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group
The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending
FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter
On Wednesday, the firm reported about a 57 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore in the third quarter ended December 31, 2021
The company's consolidated gross merchandise value grew 26 per cent sequentially and 49 per cent on a YoY basis to Rs 2,044 crore in Q3 of FY22
Earlier, Meesho also introduced employee friendly practices like 30-week gender-neutral parental leave policy, gender reassignment leave and 10-day reset and recharge policy
New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year
B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management
Leading e-commerce platform for pre-owned vehicles CARS24 on Monday said it has raised USD 400 million (around Rs 3,040 crore) from various financial institutions
A total of 5,12,919 complaints pertaining to e-commerce have been registered in the National Consumer Helpline (NCH) from April 2019 to November 2021
How social commerce firms are democratising e-retail by tapping community group buyers from tier-2 and smaller towns across India
The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products
The much-awaited IPO of FSN E-Commerce Ventures, which owns online e-tailer Nykaa, will open for subscription on Thursday in a price band of Rs 1,085 - Rs 1,125
Warren, a long-time critic of Amazon, said "these documents show what we feared about Amazon's monopoly power" that the company is willing and able to rig its platform to benefit its bottom line