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Jio, Facebook partnership is value creation platform for SMBs in India: Mukesh Ambani

Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) has said that the partnership between Jio and Facebook is great for India, Indians and small Indian businesses. Ambani was in conversation with Mark Zuckerberg, CEO, Facebook at the first ever Facebook Fuel...

WhatsApp Shopping button now live in India

Facebook on Tuesday made a new shopping button in WhatsApp live globally, including in India, to help people check out available products and make purchases right from a chat. The tool will make it easier for people to discover a...

Facebook rolls out new resources to enable 9 million SMBs move from offline to online

The accelerated digital adoption as a result of the pandemic has made it critical for small businesses to swiftly pivot from offline to online in order to survive and grow. Acknowledging the support the micro and small businesses need...

Flipkart, Jio deals push VC inflows to $3.6 billion in September quarter: Report

Despite the pandemic-driven recession, venture capitalists continued to invest dollars into the country with September quarter seeing investment inflows more than doubling to US$ 3.6 billion over April-June, says a report. In June quarter, which was marked by very strict...

How shifting to e-commerce has benefited small retailers

While financial challenges following lockdown orders have forced many small and medium-sized-businesses to shut shop, a number of SMBs have seen the benefits of shifting to e-commerce, a Facebook report said on Thursday. Businesses that reported making over 25 percent...

The Flip Side: How COVID-19 has accelerated the adoption of technology in retail

The COVID-19 pandemic is reshaping the global business environment and the crisis is estimated to hit the world economy beyond any analyst’s imagination. UN anticipates that the crisis will result in a $1 trillion hit to the global economy...

Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

E-commerce policy may incentivise kiranas for joining online ecosystem

India may soon incentivise kirana stores which become part of the e-commerce ecosystem by converting their operations to handle both online and offline sales. The special package of incentives for the smaller format mom-and-pop stores is likely to be a...

How the global fashion industry is adopting technology to thrive again

Ever since its outbreak, the global retail fraternity has been betting on technology as the antidote for fashion retail’s recovery from the coronavirus pandemic. As lockdown restrictions begin to be eased around the world and retailers limp back to...

Swiggy launches initiative to help restaurants jumpstart operations

On-demand food delivery platform Swiggy has launched a Jumpstart Package for its restaurant partners, which are either operational for delivery or restarting operations, towards business revival, continuity and growth. To enable smooth cash flows for partners, Swiggy has activated bi-weekly...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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