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Libas partners with GoKwik to improve D2C customer experience

Through this collaboration, Libas aims to enhance its D2C contribution to its revenue and carve an omnichannel growth path New Delhi: Leading ethnic fashion brand Libas has entered into a strategic partnership with GoKwik, an e-commerce enabler to expand its...

Complaint filed against Flipkart, BigBasket for allegedly making employee work on election day

When contacted, Flipkart said it is giving paid holidays to only eligible employeesNew Delhi: A complaint has been filed against e-commerce major Flipkart and Tata Group firm BigBasket for allegedly making delivery boys work on the day of voting...

Social commerce set to scale, but concern of authenticity looms large: Industry

The coming together of e-commerce and social media to create a new business channel, social commerce is increasingly gaining traction in the retail spaceNew Delhi: Social commerce is poised for dynamic growth, with some estimating a 10-fold rise by 2030,...

Amazon sells its largest seller Appario to remain complaint

As per India’s FDI in e-commerce norms, marketplaces are forbidden from following an inventory modelE-commerce major Amazon India is set to sell its stake in Appario, the largest seller on its platform, to Vinod Poddar group promoted Clicktech, which...

ETP Group launches two retail products, eyes ~60% topline growth per year

Unlike its established product  ETP V5, with Ordazzle and ETP Unify, the company aims to target mid-sized businesses from the retail ecosystem Mumbai: Singapore-based leading retail software company ETP Group launched two cutting-edge cloud-based platforms—Ordazzle and ETP Unify—in India on Wednesday....

Amazon India revises seller fee structures

Amazon said it will apply 18% GST (goods and services tax) to all the fee types listedNew Delhi: E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well...

Starbucks enters Gwalior 

The new Starbucks outlet is located at DB Mall, Gwalior, Madhya Pradesh Bengaluru: US-based coffee chain Starbucks has launched its first store in the city of Gwalior, a company official wrote on social media on Saturday. Located at DB Mall in...

SSBeauty unveils largest beauty store in India

Located on the first floor of Quest Mall, Kolkata, the massive outlet is spread across 9,000 sq. ft. of retail spaceBengaluru:  Department store chain Shoppers Stop’s beauty retail arm SSBeauty has launched the largest beauty store in India, the...

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,...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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