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Magicpin enters logistics aggregation segment

Under the platform Velocity, Magicpin will act as an aggregator of its third party logistics(3PL) partners for backend supply, consolidating all 3PL services under one umbrella for brands and its sellersNew Delhi: Hyperlocal e-commerce startup Magicpin on Monday said...

ONDC may see 50 million transactions a day by year-end: T Koshy, MD & CEO

T Koshy, managing director and chief executive officer of the Open Network for Digital Commerce gives insights into the transformative initiative's journey, vision and potentialNew Delhi: The Open Network for Digital Commerce is headed by T Koshy, its managing...

How ONDC is changing India’s digital commerce game

With more businesses big and small aligning with the Open Network for Digital Commerce, e-commerce in India as we know it is about to change foreverIn December last year, Meta joined forces with the Open Network for Digital Commerce...

Pataa: Simplifying addresses, improving deliveries

From tie up with ISRO to voice directions, how Pataa is helping improve location accuracy by simplifying India’s complex addresses New Delhi: If physical retail is about location, e-commerce is about an address. Last-mile deliveries are the most important leg...

Ola restructures foodpanda biz; to focus on expanding kitchens

Ola is restructuring its food delivery platform foodpanda to focus on building a portfolio of its own as well as curated food brands through a network of kitchens and offline stores.According to sources, foodpanda has already established over 50...

How retail’s new-age baniyas are becoming digital disruptors, courtesy millennials

Born with business in their DNA, baniyas have written several success stories when it comes to traditional, brick-and-mortar industry. With the spurt in digital economy, the clan - be it a Bansal, a Goyal, a Gupta or an Agarwal...

Ola acquires Foodpanda India from Delivery Hero, to pump $200 mn into the biz; CEO Saurabh Kochhar steps down

Ola, one of India’s most popular mobility platform, announced its partnership with Germany based Delivery Hero Group, a leading global online food ordering and delivery marketplace. This deal includes the transfer of Foodpanda’s India business to Ola in an acquisition deal in...

SoftBank recognises $1.4 bn losses from Snapdeal, Ola in India in 2016-17

Japanese conglomerate SoftBank Group Corp (SBG) on Wednesday recognised losses of $1.4 billion in 2016-17 from its India investments -- Snapdeal and Ola. "SBG recorded loss from financial instruments of 160,419 million Japanese Yen ($1.4 billion) in its consolidated financial...

UberEATS to launch food delivery service in India, take on Swiggy, Zomato

Uber, a taxi-hailing firm is all set to launch its food-delivery app, UberEATS very soon in India, the company announced on Monday. The restaurant food delivery service, which first began in 2014 in Los Angeles, has been slowly making its way...

Flipkart Ola come together to promote Lenovo Vibe K5 Note smartphone

Flipkart has partnered with ride hailing app Ola to give its users the chance to experience Lenovo’s new Vibe K5 Note smartphone, which will be sold exclusively on its platform. The campaign which is being launched in Mumbai, Delhi, Chennai,...
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Brigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build malls, offices, homes among other things

In Chennai, Brigade Group has already completed over 5 million square feet across residential, office, hospitality and retail real...
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