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Meesho aims for profitability in FY24

The company also plans to surpass a revenue of Rs 10,000 crore by FY25Kolkata: E-commerce platform Meesho is aiming to achieve profitability in FY24 as it looks to increase revenue and optimise costs, according to a senior company official.Backed...

Reseller platform Meesho crosses 500 million downloads

The company reached the milestone in 6 years, with 274 million downloads in 2022 aloneBengaluru: Homegrown reseller platform Meesho has crossed 500 million cumulative downloads across Google Play and iOS App Store combined in six years according to data.ai, a...

Unicommerce launches advanced inventory management solution

The solution enables the rerouting of unfulfilled orders by automatically reallocating the orders to next warehouse or store basis real-time availability of inventory across multiple stores and warehousesNew Delhi: E-commerce enablement SaaS (software as a service) platform Unicommerce has launched...

3 PL logistics player Shadowfax joins ONDC

Through ONDC, Shadowfax will offer logistic services in more than 700 cities across India New Delhi: Shadowfax, a third-party logistics platform, joins ONDC to provide last-minute delivery, the company announced in a release. After successful operations in 50 cities, the...

We are not trying to put anybody out of business through ONDC: DPIIT Secretary

Secretary of DPIIT said the idea is to democratise the e-commerce for MSMEs and smaller producers in the remote parts of the country and provide them a level playing fieldNew Delhi: The government wants all e-commerce players to become part...

Democratising digital commerce in India: An open network for inclusive, competitive marketplaces by ONDC

The report elaborates on the vast potential of open network initiatives, and how these technologies can revolutionize digital commerce in India‘Democratising digital commerce in India: An open network for inclusive, competitive marketplaces’ report by a ONDC (Open Network for...

Joom Marketplace offers a global window for sellers from India

Joom Marketplace, a global mobile marketplace launched in 2016 in Latvia, Europe has been actively onboarding Indian sellers, helping them reach out to international buyers Maxim Belov, head of Asia-Pacific Business Development, in a tete-a-tete with Phygital, shares its journey...

E-commerce firm Meesho lays off 251 employees

All the affected employees will get one month extra severance pay beyond the notice period as well as ESOPs irrespective of the period they have been with the company, says founder of MeeshoNew Delhi: E-commerce firm Meesho has laid off...

RattanIndia launches D2C fashion brand, FYLTR

The brand offers casual clothing for men and women in over 200 styles and solid colours on e-commerce platform AmazonNew Delhi: RattanIndia Enterprises, which is into e-commerce and fashion brands among other businesses, has launched its first D2C fashion wear...

Reliance Retail partners with Udaan for pan-India distribution of Campa

Through the partnership with Udaan, Campa will be available to over 50,000 retailers initially. The companies aim to expand the distribution coverage to over 1 lakh kirana stores in the next two months Bengaluru: Reliance Consumer Products Ltd (RCPL) has partnered...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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