Jan 23, 2023 10:58 AM IST

Warehousing the next big wave in real estate investments?

Investments in warehousing are rising, due to higher demand and rentals are rising. But it's not e-commerce that's driving growth. Will demand sustain given forecasts of an economic slowdown?

'There's a need to exchange knowledge on 5G between the UK and India': Mike Short, of the UK department of international trade

Chief scientific adviser Mike Short and technology specialist Chris Moore, at the UK department of international trade, on the opportunities, challenges and way forward for the UK-India cooperation in technology and allied sectors. The UK is keen on attracting Indian IT companies.

Accel, Celesta lead $10 million round in Sequoia-backed Brick&Bolt

The custom-build homes platform will use the funds to enhance its tech stack and strengthen the leadership team. Brick&Bolt is also looking to expand to more than 12 cities over the next 15 months

E-commerce will go viral on social media in 2023

There’s early evidence that selling goods over live social networking works beyond the People’s Republic. Viewers enjoy interacting with celebrities and so-called influencers, but the ultimate goal is clicks to buy.

Why buying Metro India makes sense for Reliance Retail

The acquisition of Metro India will not just aid Reliance in deepening its operations and physical store footprint in India, it will also help it gain access to a wide network of outlets and retail and institutional buyers, and give it a strong supply channel

Tata’s Bigbasket eyes IPO by 2025 after $200 million fundraising

The Bengaluru-based e-commerce firm, which is focusing on expanding its pan-India reach, may choose to launch an initial public offering in 24 to 36 months

Engaging e-commerce players to push sales of goods produced by tribals: Dharmendra Pradhan

Dharmendra Pradhan also said that the tribal community will be the major beneficiary of the emphasis of the National Education Policy on the use of mother tongue or local language as the medium.

Flipkart partners with Polygon to to set up a Blockchain-eCommerce Centre of Excellence

Through Flipkart Labs, the e-commerce major has been piloting with Web3 initiatives over the past year. Earlier this year, it launched FireDrops, an NFT platform for brands. During the festive sale, Flipkart piloted its metaverse - called Flipverse.

Frozen foods category growing rapidly on e-commerce channel: Abhay Parnerkar of Godrej Tyson Foods

Speaking on the sidelines of a new product launch, Abhay Parnerkar, CEO of Godrej Tyson Foods shares how e-commerce is helping the frozen foods category grow further.

Lenskart's revenue jumps 66%, but slips into losses in FY22

The eyewear retailer’s total expenses stood at Rs 1,726 crore in FY22 which rose from Rs 998 crore, an increase of over 72 percent.

Slice-backer 8i Ventures marks first close of its second fund at $25 million

8i Ventures Fund-II will have a portfolio of 15-20 companies that 'we will invest in over the next three years', founding partner Vikram Chachra has said

Amazon India to delist seller Appario from its e-commerce site

An official source told PTI that the move is aimed to avoid any conflict of interest and is being taken voluntarily. Appario is a wholly-owned subsidiary of Frontizo which is a joint venture between Amazon India and Patni group-owned Zodiac Wealth Management LLP.

Vikas Purohit quits Tata Cliq as chief executive: Reports

Purohit had joined Tata Cliq in November 2016 and has vast experience in the e-commerce and fashion retail market.

With Flipverse, Flipkart brings shopping into the metaverse

Flipkart has already tied up with around 20 brands for Flipverse. Some of the brands on the list are Colgate, Lavie, Noise, Puma, Noise, Nivea, Tokyo Talkies, Campus, VIP, Ajmal Perfumes, Himalaya and Butterfly India.

V-Mart acquires e-commerce startup LimeRoad for Rs 31 crore

LimeRoad clocked a net revenue of Rs 179.95 crore in 2019-2020, which dropped to Rs 69 crore in 2021-2022

How Flipkart became the showstopper this season

Meesho beats Amazon in festive sale order volumes: Report

Overall, the e-commerce players sold goods for $5.7 billion in the first week of the festive season in India. The sale was led by mobile phones which constituted 41 percent of the total sales. Fashion, meanwhile, contributed 20 percent which was 48 percent higher than last year’s festive sale.

Tech firm sees 30% growth in e-commerce platforms sales in 1st week of festive season

EasyEcom said that e-commerce volume will grow more in Tier-2 and Tier-3 towns compared to Tier-1 cities, with non-metros driving nearly 80 per cent of the total e-commerce sales along with Tier-2 towns adding about 60 per cent to the figure.

Metaverse mania grips Indian QSR player Wow! Momo; will others rush in?

The Tiger Global-backed restaurant chain says Wow! Momo, Wow! China and Wow! Chicken have been launched in the 'festivemverse'

Despite few glitches, ONDC's Bengaluru rollout takes off

According to data as per ONDC, 161 orders were placed on the network across Paytm, IDFC, Spicemoney, Mystore which are the buyer apps.

E-commerce firms sell goods worth Rs 24,500 crore in first four days of festive season sales: Report

According to the report by strategy consultancy firm Redseer, during this period each minute as many as 1,100 mobile phones amounting to around Rs 11,000 crore were sold on large e-commerce platforms, driven by the premium phones.

E-commerce portals log in 28% order growth in first 2-days of festive sales: Unicommerce

Unicommerce found that the personal care segment is the fastest growing segment with over 70 per cent year-on-year (YoY) order volume growth during the first two days of the festive season sale of 2022.

Festival-season sales kick off; here's how e-commerce companies have readied themselves to hit the road

For e-commerce players, there are concerns about inflation impacting consumer purchasing decisions, with the added worry of people being able to freely shop offline for the festive season after two years.

1 in 3 Indian households likely to spend over Rs 10,000 this festive, footfalls in offline stores likely to rise by 20%

49% of household consumers are keen to make physical purchases, an increase from 40% last year, while 38% are likely to order via ecommerce or via local stores and take home deliveries.

Myntra looks to add 1 million new customers during festive season sale

Myntra expects to process 13,000 orders every minute, and it intends to use the 21,000 kirana stores it has partnered with to fulfil 80% of the festive orders.