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  • Hidesign signs partnership deal with Unicommerce to boost omnichannel operations; shares rise 2%

    The leather goods manufacturer has employed Unicommerce’s "no frills order processing" feature for omnichannel orders

  • IPO jamboree: SoftBank sitting on 106% gains in Ola Electric, FirstCry, Unicommerce 

    While the Japanese tech investor is offering sell shares worth up to Rs 1,287 crore in the three IPOs, it will still be left with up to Rs 11,011 crore of their shares after the companies list on the bourses

  • Despite e-commerce slowdown, PAT doubled last year: Unicommerce promoter Kunal Bahl

    Snapdeal-backed Unicommerce will open its initial public offer's (IPO) anchor book on August 5 and will list on bourses on August 13th.

  • Unicommerce IPO anchor book to open on August 5, listing on August 13

    The company has lowered the issue size of the offer for sale from 2.98 crore shares to 2.56 crore shares.

  • Unicommerce shifts gears to focus on large enterprises to boost revenue ahead of IPO

    The change in strategy has helped the firm boost its revenue and in H1 of FY24, it reported an annual recurring revenue of Rs 103.74 crore

  • Snapdeal-owned Unicommerce files DRHP to sell 30 million shares, no fresh issue

    Snapdeal, B2 Capital Partners and SB Investment Holdings are the entities that will participate in the offer for sale

  • IPO-bound Unicommerce appoints ex-SoftBank India head Manoj Kohli and others on board

    Kohli, formerly MD and CEO of Bharti Airtel, has been expanding his scope of work and was also appointed to the board of beer company, Bira91, recently

  • IPO-bound Unicommerce’s revenue up 53% at Rs 90 crore in FY23

    The company saw an 86% jump in its free cash flows over the previous fiscal to Rs 14.57 crore in FY23. This helped Unicommerce absorb higher operating costs, which increased from Rs 54.4 crore in FY22 to Rs 84.1 crore in FY23

  • 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.

  • Unicommerce plans to add 800 warehouses this fiscal

    The platform, currently, provides its warehousing management solutions to over 7,200 warehouses and managing more than 96 million stock-keeping units (SKUs) in various sectors, such as FMCG, beauty and wellness, fashion and accessories, and eyewear.

  • Exclusive: Snapdeal likely to file DRHP today, to raise Rs 1,250 crore in fresh issue

    The IPO will see Softbank, Snapdeal’s lead investor, reduce its shareholding from 34 percent to 24 percent.

  • Ahead of its IPO, Snapdeal sells 30% in subsidiary Unicommerce to Softbank

    Snapdeal recently made an offline foray with plans to set up partner stores across the country. The first Snapdeal partner store will be launched in January

  • Unicommerce to invest $5 million towards international expansion

    The software-as-a-service provider has already acquired over 25 new clients in the multiple markets of the Middle East and Southeast Asia such as Dubai, KSA, Kuwait, Singapore, Philippines, Malaysia etc.

  • Repeated lockdowns push more and more smaller retailers to go online

    From selling sarees to pickles to offering online gym classes to virtual comedy shows, small and micro businesses now have a good presence in the cyberspace

  • Paytm well capitalised for at least next two years: CEO

    Paytm is set to launch a new plan to engage with more startups, especially those in the digital payments and financial services space.

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