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Finance and Funding
Shark Tank brand Alpino raises $1.2 mn, signs Shilpa Shetty as brand ambassador
The brand has also set a target of becoming a Rs 500 crore brand in the next two years
New Delhi:Â Surat-based healthy foods brand Alpino has raised $1.2 million (Rs 8.6 crore) in its maiden funding round, with participation from...
E-Commerce
71% Indians indicate a sentiment to shop online this festive season: Report
The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last yearBengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...
Beauty & Wellness
Mila Beaute sets sights on Rs 100 crore revenue, aims to hit 1 million consumers by 2025: MD Saahil Nayar
Currently, the cosmetics brand is operating with a revenue run rate of approximately Rs 50 crore and a consumer base of around half a million across India
Bengaluru:Â Mila Beaute, a newly launched beauty brand and brainchild of former Swiss Beauty...
E-Commerce
Railways, Amazon sign deal to scale up use of train network for faster delivery of customer packages
PTI -
This development aims to ensure more consistent operational timelines to meet the requirements of the e-commerce sectorNew Delhi: The railway ministry and e-commerce marketplace Amazon India signed a memorandum of understanding (MoU) on Thursday to further strengthen their existing...
Finance & Funding
Financing platform Velocity announces ₹400 cr festive season fund for D2C brands
The capital will help D2C brands prepare for the demand surge in upcoming festive season sales
New Delhi: Financing platform Velocity has earmarked ₹400 crore to support the financing needs of D2C and e-commerce brands in the upcoming festive season...
E-Commerce
Amazon India launches ‘Project Ashray’ to setup rest points for delivery associates
In collaboration with the Udyasa Foundation, the initial pilot project will establish five Ashray centres at high-footfall locationsBengaluru: E-commerce marketplace Amazon India has launched ‘Project Ashray’ in order to set up rest points for delivery associates across the entire...
E-Commerce
Goyal says not against e-commerce platforms but want them to be fair, honest
PTI -
The Union minister said the rule of the law should be followed in letter and spirit, and made it clear that consumer preferences should not be influenced by algorithmsMumbai: A day after lambasting e-commerce players for predatory pricing, Union...
E-Commerce
Amazon’s investment in India to make up for its losses; not to support Indian economy: Goyal
PTI -
Goyal said that Amazon's huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailersNew Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1...
E-Commerce
Amazon India partners with Gentari for 10,000 EV fleet by 2025
PTI -
Under the collaboration, Gentari will procure and deploy electric vehicles for Amazon in the next three years besides providing comprehensive fleet management services to the delivery service partners Mumbai: Amazon India on Monday said that it has formed a strategic...
Beauty & Wellness
80% of Amazon Beauty’s new customers are from tier-2, tier-3 cities: Director Zeba Khan
The e-commerce major hosts over 20 lakh beauty and personal care (BPC) products from more than 3.6 lakh Indian and international brands
Bengaluru: American e-commerce marketplace Amazon’s India beauty category is witnessing 80% of its new consumers coming from tier two,...
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Latest News
Avenue Supermarts shares plunge over 8%
In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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