Page 3 - E-commerce Industry

SoftBank-backed Meesho adds 8 Indian languages to tap more users

Social commerce platform seeks to widen reach during festival season in the country

E-comm retail logistics market projected at $6.3 bn by FY26: Report

The growth will be primarily driven by the e-commerce retail market - expected to reach approximately $145 billion by FY26, with about 15 million daily shipments.

E-commerce giants offer tech-friendly policies to woo offline sellers

They are offering new-age tech based products such as AI-led cataloguing, coupled with easy settlements and attractive platform fees that enable ease of doing business

Ankiti Bose steps down from Zilingo board, was fired from firm in May

Bose was fired from the Singapore-based B2B e-commerce startup company on May 20 on grounds of financial irregularities

Startups should think of credit solution for small businesses: Vaishnaw

Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market

Flipkart Grocery leans on smaller towns in bid to reach 20,000 PIN codes

Flipkart Grocery currently offers 7,000 products in 1,800 cities covering 10,000 PIN codes, served by 23 fulfilment centres spread over an area of 2.75 million sq ft

Empyrean Cashews betting big on growth

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Swiggy temporarily shuts Genie across cities due to worker shortage: Report

Swiggy Genie services have been impacted across Mumbai, Hyderabad, and Bengaluru, said report

Flipkart acquires ANS Commerce to strengthen its e-commerce ecosystem

Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team, Flipkart said in a statement

Pratech Brands raises $3 mn led by Sequoia's 'Surge' to launch Hyugalife

Hyugalife will host over 1,000 brands across categories, including women's health, Ayurvedic and plant-based supplements, kids health, sports nutrition, vitamins, among others

What Nykaa CEO says about VCs without women in key positions

Nykaa CEO at a FICCI event said that the founders of her company approached several investors but were rejected because of the absence of women in key positions in venture capitalist firms

Need to protect consumers, small retailers amid growth in e-commerce: Govt

Consumer Affairs Secretary Rohit Kumar Singh on Tuesday stressed that there should not be a situation of monopoly by large e-commerce players like Amazon and Flipkart

Aharon Bernal's Blockchain Platform Heralds New Equitable Era in E-Commerce

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CoutLoot: A digital platform for bargain hunters across Bharat and India

The firm allows buyers and sellers pan-India to haggle over price and terms in as many as 12 languages on chat platforms, is now planning video-enabled bargaining too

How Flipkart is collaborating with academia to solve problems for Bharat

Flipkart is deepening ties in social commerce, machine translation, search and natural language processing with top institutes in the country as it aims to tap next 200 million users.

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech

E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Credit card spends dip 11.6% in November after record show in October

November spends are still higher than pre-Covid levels, with 43% YoY growth

Direct-selling companies can't promote pyramid scheme, says govt

The direct sellers as well as the direct-selling entities using e-commerce platforms for sale will also need to comply with the requirements of the Consumer Protection Rules, 2020.

Has 2021 been a watershed moment for India's e-commerce industry?

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

Ananth Narayanan-led Mensa Brands acquires home decor label Folkulture

Deal value undisclosed; Folkulture retails largely on Amazon in North America and UK; is recognised for unique and elegant crafts, designed to embellish modern homes with a hint of bohemian culture