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Flipkart valuation declines by over Rs 41,000 crore in two years

The valuation of the e-commerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January 31, 2022New Delhi: E-commerce firm Flipkart's valuation has declined by $5 billion or around...

Unicorns to add $1trillion to economy by 2030, generate 50 million jobs

The CII report introduces an ambitious 'Unicorn 2.0' scenario, envisioning the startup ecosystem's potential to add $1 trillion to India’s estimated $7 trillion economy by FY30New Delhi: New unicorns are likely to add $1 trillion to the Indian economy,...

DGFT inks pact with DHL to train MSMEs on e-commerce exports

The company will conduct training sessions and workshops for MSMEs in 76 districts of the countryNew Delhi: To promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training sessions and workshops...

How to scale your brand from local to global

From understanding the market to crisis management, there are several factors that brands aspiring to transcend national borders must consider before taking the leapFor any company, scaling up from a local player to a global level is a big...

Flipkart launches fourth grocery fulfilment centre in Bengal

West Bengal Agriculture Minister Sobhandeb Chattopadhyay welcomed the decision of Flipkart to launch its fourth grocery fulfilment centreNew Delhi: E-commerce major Flipkart on Monday announced the launch of its fourth grocery fulfilment centre in West Bengal.The fulfilment centre in...

Former Shoppers Stop MD Venu Nair joins Myntra

Nair joined Myntra on 21 February 2024 as the chief of strategic planning and omnichannelNew Delhi: Former Shoppers Stop MD Venu Nair has joined fashion marketplace Myntra as chief of strategic partnerships and omnichannel on Wednesday according to...

Brand Studio Lifestyle to reach Rs 2,000 crore by end FY24: Founder Shyam S Prasad

Shyam S Prasad, chief executive officer of Brand Studio Lifestyle provides valuable insights into the story of the house of brands, its priorities, success strategies and future objectivesBengaluru: Shyam S Prasad founded Brand Studio Lifestyle with a team of six...

In 3 years, PepsiCo India doubled its previous 30-year capacity: Anand Mohan Sharma

Anand Mohan Sharma, director of channel, customer and go-to-market (GTM) development for PepsiCo India on the growth of the cola giant’s portfolio in India’s general and modern trade, online as well as the growing out-of-home categoryAs the director of...

CSC, ONDC collaborate to take e-commerce to Bharat

CSC and ONDC jointly aim to extend e-commerce access to rural India, marking a significant step towards inclusive digital commerceNew Delhi: Common Services Centers (CSCs), under the Ministry of Electronics and Information Technology (MeitY) and Open Network for Digital...

IR Smartclass: Dark Patterns in E-commerce

A primer on the 13 unfair digital commerce practices prohibited by The Central Consumer Protection Authority which impair consumer interestAs many as 71% of online consumers surveyed by research firm LocalCircles reported being subject to hidden charges for...
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Korean skincare brand Skin1004 enters India with Tira

The products will be available for purchase online through the Tira app and at  select Tira stores Bengaluru: Korean skincare brand...
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