Sep 22, 2021 05:44 PM IST
The fresh funds will be used to launch new products, build talent and enhance the company’s growth.
- Sep 07, 2021 10:52 PM IST
Myntra plans to increase sourcing about 50 per cent of its cotton requirements from BCI in the next five to seven years.
- Aug 17, 2021 09:07 PM IST
Walmart is on track to reach $75 billion in global ecommerce sales by the end of the year - the retailer reported its biggest ever online sales growth of 97% last year as people used its quick delivery services to order essentials at the height of the pandemic.
- Aug 09, 2021 10:52 AM IST
E-commerce companies and industry associations also had virtual meetings with the consumer affairs ministry and the government's investment promotion arm, Invest India.
- Aug 02, 2021 04:57 PM IST
With this portal, the leading technology enabled end-to-end logistics solutions provider is aiming to welcome aboard micro-entrepreneurs, small business owners, sole-proprietors and home-preneurs.
- Jul 18, 2021 03:59 PM IST
Both Amazon and Flipkart have challenged the Competition Commission of India (CCI) in court as they seek revocation of an Indian court's June decision to allow an antitrust probe against them to continue. The companies deny any wrongdoing.
- Jul 12, 2021 11:05 AM IST
The ONDC model is thus being viewed as a potential competitor to Amazon and Flipkart and officials are hopeful of a UPI-like success once large private players come on-board.
- Jul 06, 2021 02:29 PM IST
New rules for online marketplaces seek to level the playing field and protect the interest of consumers
- Jun 24, 2021 08:34 AM IST
The proposed regulations have too many issues that seem to be designed to make things difficult for both global and domestic online players
- Jun 17, 2021 12:25 PM IST
Both Amazon and Walmart-owned Flipkart are non-Indian and could be categorised as foreign players, answerable primarily to their global shareholders. This structure leads to the potential risk of these companies viewing India purely as a market and ‘investment-on-demand’ basis
- Jun 16, 2021 08:33 AM IST
The two e-commerce companies have closed ranks in India to take on the Indian government and its marketplace model. The reason for their disenchantment with this model is not far to seek
- Jun 15, 2021 02:59 PM IST
The success tasted by some large domestic corporate groups in the online retail segment bears testimony to the fact that local business leaders have it in them to give their overseas counterparts a strong run for their money
- Jun 14, 2021 03:30 PM IST
Anti-competitive practices such as promoting preferred sellers on their websites and preferential listing slots stem from the need to defeat India’s foreign direct investment (FDI) rules that seek to protect the livelihood of millions of small traders in the country
- Jun 11, 2021 08:19 AM IST
Three-year-old Thrasio had $500 million revenue and $100 million in profit last year. Now, Indian investors are investing nearly $300 million in the first funding rounds of Thrasio's India equivalents. Moneycontrol decodes the stakes involved, challenges, opportunities and what's next for them.
- Jun 09, 2021 10:10 PM IST
Alteria Capital, in partnership with B2B firms Infra.Market and Zetwerk, is launching a virtual platform for founders of B2B startups to ideate, discuss problems, find solutions and build a network
- Jun 08, 2021 12:27 PM IST
Indian households may not join global peers in a spending frenzy
- Jun 08, 2021 12:10 PM IST
Instamojo, which helps small brands process their online payments, is now also helping these brands set up their own e-commerce platform with Instamojo handling the backend entirely, similar to Canadian firm Shopify, which has become a raging success in recent times.
- May 04, 2021 04:52 PM IST
How BigBasket secured its first cheque from an institutional investor, and the series of serendipitous events that led to its creation in 2011
- Apr 05, 2021 02:41 PM IST
The social commerce firm wants to focus only on India- a change in strategy- and enable 100 million small businesses to come online. The Facebook-backed startup also wants to be platform agnostic and be wherever the user goes, not just WhatsApp or Instagram,
- Mar 16, 2021 07:30 PM IST
The CCI said there are matters pertaining to Amazon and Flipkart being heard at other jurisdictions, it doesn't stop the CCI from making its enquiry.
- Mar 12, 2021 10:44 AM IST
Orders on the GeM increased to Rs 37,000 crore in FY21, from Rs 23,000 crore in FY20
- Feb 19, 2021 01:17 PM IST
Of particular scrutiny should be the Seattle-based company’s contractual arrangements with its bigger selling partners in India and how the terms specified in such pacts compare with what Amazon has with its other selling partners
- Feb 18, 2021 08:14 PM IST
Taking its fight against e-commerce majors Amazon and Flipkart to the next level, trader body Confederation of All India Traders (CAIT) has announced it will be launching a nationwide agitation from January 26 with sit-ins at up to 1,500 locations. Praveen Khandelwal tells Priyanka Sahay why it is important and what legal actions the industry body is contemplating.
- Feb 09, 2021 01:35 PM IST
Facial recognition and emotion analysis will soon help etailers capture customers’ emotions and help them offer the right products. Artificial intelligence will help the etailers detect a shopper's gender, age and emotions, among other things, in real time, and target them with relevant ads and promotions
- Feb 02, 2021 04:17 PM IST
Last week, Kishore Biyani said that Amazon’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth."