e-commerce funding
E-Commerce
IndiaMart Q1 profit jumps 78% to Rs 83 crore; to buy back shares worth Rs 500 crore
PTI -
The company also announced the buyback of 12,50,000 equity shares worth Rs 500 croreNew Delhi: Online B2B marketplace and discovery platform IndiaMart on Thursday reported a 78 per cent rise in its net profit to Rs 83 crore in...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...
E-Commerce
Shiprocket seller app integrates with ONDC
Shiprocket plans to enable five key categories on ONDC including beauty and personal care, electronics and appliances, health and wellness and home and kitchenNew Delhi: Shiprocket, India’s 106th unicorn and e-commerce enablement platform, is integrating the Shiprocket seller app with...
Finance & Funding
Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity
The funding will be utilised to expand French Crown’s international presence
Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...
Finance & Funding
Fashinza raises $30 million from Mars Growth Capital
PTI -
The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...
Finance & Funding
PhonePe raises $200 million in additional funding from Walmart
PTI -
With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investorsNew Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...
E-Commerce
Engaging e-commerce players to push sales of goods produced by tribals: Pradhan
The funds for tribal goods have increased to Rs 91,000 crore in 2022-23 from Rs 19,437 crore in 2014-15New Delhi: The government is taking steps to enhance production and marketing of forest produce of tribal communities and engaging with e-commerce...
E-Commerce
GoKwik plans to onboard 10K digital-first brands and e-commerce players in 2023
Currently, GoKwik supports over 500 brands which includes businesses of all sizesNew Delhi: E-commerce enabler GoKwik plans to sign up over 10,000 digital-first companies and e-commerce operators for its platform in 2023. Currently, GoKwik supports over 500 brands.“As we grow further, we...
Retail
Turbulent times ahead for e-commerce: Who's to blame?
E-commerce in India has had a dream run in 2014 and 2015. Billion dollar valuations were making headlines everyday, multi-million dollar funding rounds were being raised m-o-m, big day sales were posing threats to traditional retailers. With India’s large young...
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Latest News
Nautica India onboards Ayushmann Khurrana as brand ambassador
Khurrana will spearhead the brand's latest Spring Summer collection campaign which will be visible across regions nationally
Bengaluru: E-commerce marketplace Myntra...
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