While the e-tailers are working to ensure that the 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.
The Bengaluru-based Dukaan said as many as 13 other marquee angel investors also participated in the funding round, including the founder of Network18 & CEO of Viacom18 Haresh Chawla, founder of Weekend Fund & Product Hunt, Ryan Hoover; Jitendra Gupta, the founder of Jupiter; Shashank Kumar of Razorpay; Freecharge founder Sandeep Tandon, among others.
Mamaearth's valuation set to triple in barely a year, as the pandemic has boosted digital-first brands
In a country which is not known for its prowess in Olympic sports disciplines, the success achieved by Nilesh Rane, a shooter-turned entrepreneur, is an oddity. Ram Malhotra of Meerut-based VICKY Sports seeks to end the dominance of Chinese products in the category.
For a firm like ITC, a premium juice brand matches its stated objective to build a diversified FMCG portfolio and reduce its dependence on the cigarette business.
Jha talks to host Priyanka Sahay about how the company evolved, and why they are choosing to strengthen their base in existing cities.
Indian startups had a great last week as several early and growth-stage deals were announced.
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
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.
While online offering accounts for 90% of its business now, the physical segment cannot be written off. The future is going to be a mix of digital and physical. Now, with centres slowly opening and even with 40 percent occupancy, Cure.Fit is confident a turnaround is set to happen.
From organising laughter sessions to daily team calls, Flipkart and Amazon are going out of their way to pamper their employees who are burning midnight oil while working from home for the first time to make the festive season sale a success.
While there has undoubtedly been some impact, deals - small and large - have not stopped.
Bengaluru-based Log9 Materials, known for its clean-energy solutions, is also building corona ovens to sanitise groceries, equipment, gloves and other items. Its graphene-based absorption pads were deployed to tackle the Mauritius oil spill recently. The company is now looking to raise Series B funding
An Alvarez and Marsal report seen by Moneycontrol talks about collection efficiency being lower among MSMEs and personal loans, with salaried consumers paying back on time more than self-employed consumers.
While around 40 percent of startups were negatively impacted, 15 percent of startups were forced to discontinue operations due to the COVID-19 pandemic between March to June 2020, says TiE-Zinnov report
Speaking at a virtual event organized by FICCI, Subramanian said investment, both direct and indirect, coming from countries, especially with which India has border tensions, needs to be scrutinised.
At a time when the fintech lending sector is facing stress due to the COVID-19 pandemic, EarlySalary is in the growth phase and planning to expand its loan book during the festive season
The option is available for electronic accessories and home and lifestyle products but large appliances can't be booked. Snapdeal has done a survey to know what consumers want.
Fintech lenders offered the ‘First Loan Default Guarantee’ cover of around 5% to banks and NBFCs to encourage them to take loans on their books. With more than 10% of borrowers not repaying their loans after the moratorium ended, the fintech lenders fear they will have massive commitments towards banks
Whether, it is a game of skill or a game of chance has long been debated. This question has reached till the Supreme Court and the top court has suspending legal proceedings for now. It is legal in most states. So, play and enjoy. If you’re lucky, you can get richer by Rs 1 cr.
Commenting on the fresh fundraising, Pepper Content Co-founder, and CEO Anirudh Singla said the company aims to build virtual content teams for any company globally, by providing them a product that simplifies content operations and gives the customer the ability to strategise, create, distribute and manage all their content projects at one place.
Fitness startup starts business in July 2020, picks up a million dollars from a clutch of prominent angel investors from across the startup spectrum. This shows the startup world's belief in the online fitness game and its potential to scale up rapidly
Paytm starts same day fund settlements to encourage businesses to adopt digital payments more. The feature can be enabled so as to settle funds into the merchant's account once, twice or even thrice every day
Zomato founder Deepinder Goyal’s tweet sparks debate. Industry insiders point out that food-delivery platforms are talking about gross merchandise value, which has shot up as per-order value is much higher now, compared to pre-COVID days.
The overall gross merchandise value (GMV) of online retailers is expected to touch $7 billion (Rs 51,329 crore) during the month-long festival sale period. Amazon plans to hire 1,00,000 employees, while Flipkart will onboard 70,000.