E Commerce
- News
E-commerce platforms see over Rs 1L crore worth sales in India festive season
New Delhi: As private consumption surges in smaller cities and towns in India which is driven by high pent-up demand and premiumisation wave, the e-commerce platforms registered more than Rs 1 lakh…
- Business
ONDC onboards over 6 lakh sellers, enables 1.2 crore orders per month
Mumbai: The government-run Open Network for Digital Commerce (ONDC) is now enabling more than 1.2 crore orders per month, with over six lakh sellers live on the network, it was announced on…
- Business
Blinkit rival Zepto raises $340 mn at $5 bn valuation
Mumbai: Quick e-commerce platform Zepto on Friday said it has secured $340 million in a follow-on financing round, taking the company’s valuation to $5 billion after its previous fundraise in June. General…
- Business
India’s non-cash payment on e-com platforms rose over 58 pc in 2023: Report
New Delhi: India has witnessed the fastest jump in alternative remittance share for e-commerce payments in the Asia-Pacific (APAC) region, from 20.4 per cent in 2018 to 58.1 per cent in 2023,…
- Business
Govt plans to mandate anti-fake review rules for e-commerce firms
New Delhi: The government is considering to make it mandatory for e-commerce companies to comply with quality norms for consumer reviews after a voluntary push failed to effectively curb fake reviews, a…
- Business
Social commerce platform Meesho raises $275 million
New Delhi: Social commerce platform Meesho has raised $275 million, a regulatory filing by the company with the Securities and Exchange Commission (SEC) in the US has revealed. The fundraising, part of…
- India
Remove Bournvita from category of ‘health drinks’: Centre tells e-commerce firms
New Delhi: The Ministry of Commerce and Industry has issued an advisory to the e-commerce companies, directing them to remove all drinks and beverages including Bournvita from the category of ‘health drinks’,…
- Business
S. Korea’s antitrust regulator to launch e-commerce market study
Seoul: South Korea’s antitrust regulator, on Monday, said that it will launch a study into the e-commerce sector to analyse the market structure and check competition issues as part of efforts to…
- Business
Flipkart, IIT Delhi to research on personas to boost personalised suggestions
New Delhi: E-commerce major Flipkart on Tuesday said that it signed a Memorandum of Understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), the industry interface organisation of the Indian…
- Business
Rural e-commerce startup Rozana receives $22.5 mn funding
New Delhi: Rural e-commerce startup Rozana on Wednesday announced that it has received $22.5 million in the latest funding round. The round was led by the investment firm Bertelsmann India Investments (BII)…
- Business
Flipkart launches its UPI handle to boost India’s digital economy vision
Bengaluru: E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers. With Flipkart UPI, users…
- Business
Vroom to shut its e-commerce operations, cut nearly 90% of jobs
San Francisco: US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order…
- Videos
Video: Man pays Rs 1 lakh for new laptop on Flipkart, receives ‘old, discarded’ one
New Delhi: A man who purchased a laptop worth Rs 1.13 lakh from Flipkart during its Republic Day sale has claimed that he received “some old discarded laptop” instead. Souro Mukherjee has…
- Business
LimeChat partners Microsoft to launch AI chatbot for e-commerce support
New Delhi: LimeChat, a human-level chatbot startup that enables D2C brands, in collaboration with Microsoft, on Thursday announced the release of an advanced AI-powered chatbot for e-commerce customer support. Leveraging Microsoft Azure…
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