BUSINESS
Unacademy raises $50 million in secondary round from Tiger, Dragoneer, others
The latest transaction follows the round in November when Tiger Global and Dragoneer Investment Group invested in the Unacademy Group at a valuation of $2 billion.
BUSINESS
Here's how home-grown pharma startups plan to aid the government’s COVID inoculation drive
Anticipating that the government will ask the private sector to step in and help with the nationwide vaccination drive, these startups are busy ramping up their infrastructure and training resources to be ready for the inoculation effort
BUSINESS
Here’s why this Indore-based start-up calls itself the Netflix of regional content
Stage, founded by Vinay Singhal, Praveen Singhal and Shashank Vaishnav, aggregates video content created by local artists in regional dialects. Starting out with Haryanvi and Rajasthani, it plans to expand to at least 15 other dialects over the coming months.
COMPANIES
Here's why this Chennai-born software engineer joined the fight against unethical practices of Google
Muthukumar is one of the 400 odd Google employees who have formed a union to promote workplace equity and ethical business practices.
BUSINESS
Non-compliance with country of origin rule: Amazon executives to meet government officials on January 11
"In respect of COO information display to consumers, Amazon provides functionality for third party sellers registered on its marketplace to make the statutory product declarations for display and has done so for 100% of the products sold on the marketplace," the company said.
BUSINESS
Here is what startup founders are looking forward to in 2021
For them, 2021 is the year of hope, resurgence, but COVID-19 worries and those about India’s economic health are not too far behind.
BUSINESS
Shiprocket in talks to raise $20-22 million from March Capital, Tribe and others
Shiprocket works with courier companies and connects merchants, consumers and supply-chain partners across India and around the world
BUSINESS
Why 2021 could be the year of content-creators in India
From entertainment, news to gaming, there is an audience for every genre. The explosion of digital content and rising monetisation potential offer a huge opportunity to content providers and investors alike. Little surprise then that tech giants like Google have joined the race.
BUSINESS
Amazon Wholesale India revenue declines 70% in FY20
Amazon Wholesale India attributed the drop to the change in the government regulation resulting in lower customer adoption. The government had introduced Press Note 2 with an aim to bring a level playing field between online and offline retailers in December 2018. It got implemented in February 2019.
BUSINESS
MasterG raises funds from Acumen's angel programme
The company will use the funds to develop digital platforms, audio-visual resources and scaling its training to reach more underserved youth in the country.
BUSINESS
Naveen Tewari creates second unicorn after InMobi; Glance raises funds from Google, Mithril
Glance is a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo
BUSINESS
Peko Life becomes the winner of Pitch Right, a Moneycontrol-IPV initiative
Peko Life will receive Rs 50 lakh of investment from the angel investors of IPV
BUSINESS
How COVID-19 disrupted the disruptors of corporate India
The coronavirus outbreak is a black swan event for Indian startups. Some have seen their original businesses disrupted, while others have moved swiftly to change their business models. Here is a look at how several sectors have fared and what lies ahead for them in 2021.
BUSINESS
Like A Boss I Leaders are created in life, not in any business school, says Info Edge India's Sanjeev Bikhchandani
Sanjeev Bikhchandani divulges why leadership can never be taught at business schools and why there's no single role model in his life
BUSINESS
Going green, Swiggy and Zomato to move 10% of delivery fleet to EVs in 2021
The two rivals are in talks with electric scooter and bike aggregators like Zypp, Spinny and eBikeGo to make the switch.
BUSINESS
Chinese products hugely popular on Amazon, Flipkart despite anti-China sentiment - here is why
There were numerous non-branded products sold on Amazon, Flipkart showcasing China as their country of origin.
BUSINESS
Got a raw deal on Amazon India and Flipkart this festive season? Here is why
You might have actually paid a premium for some of the products bought during the sales launched by Flipkart and Amazon India in 2020, according to a new study.
BUSINESS
Flipkart claims to have made many sellers crorepatis; but this bunch in lurch after failing to sell enough
This happens even as the e-tailers including Flipkart and Amazon are estimated to have sold goods worth $4.8 billion during the festive sale, which went on for six days
BUSINESS
Food aggregators like Swiggy come back to crease, courtesy IPL
Around 7,000 restaurants are being on-boarded per month on Swiggy, which is around 3,000 more than pre-COVID times.
BUSINESS
Festive sale | e-tailers clock $4.8 billion in GMV, Flipkart sells 110 products per second
While Walmart-owned Flipkart hasn't shared its GMV numbers, it said over 50 percent of the 666 million footfalls during the six day period came from Tier III and smaller cities
BUSINESS
Online festive sale | Goods worth $3.1 billion sold in first 4.5 days: Redseer
The gross merchandise value (GMV) stood at $2.7 billion a year ago
BUSINESS
Why Amazon & Flipkart haven't managed to publish country of origin on all products
While e-tailers are working to ensure that sellers comply with the government's orders, here are a few reasons why that has not happened already and if at all the companies can be penalised for this issue.
BUSINESS
Big Billion Days | 50% new customers from Tier 3 and beyond cities: Flipkart
Snapdeal too said that 90 percent of its orders were from Tier II and III cities, even as 30 percent of the total orders came from first time users
BUSINESS
Govt cracks the whip on Amazon, Flipkart for not displaying country of origin during sale season
While the e-tailers have started asking their sellers to update the country of origin in August while listing their products on the websites, many haven't managed to do that on the already existing listings on the two websites.
