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Blinkit lost jumps 17% in 2022-23 even as sales rise

Tofler said the company incurred Rs 1,939 crore in total expenses for the fiscal year 2022-23Quick-commerce platform Blink Commerce Private Ltd reported a 17% jump in net losses to Rs 1,191 crore for the fiscal year 2022-23 compared to...

1000+ D2C brands kick off festive season with 20% rise in order volume: GoKwik

Despite the surge in orders, the return-to-origin (RTO) rate (non-deliverability of COD orders) has come down by 26%, showcasing the efficiency of GoKwik's solutions in curbing RTO losses for these brands Mumbai: GoKwik, an eCommerce enabler, announced that over 1000...

‘Eyeing a Rs 100 Crore Run Rate in the Next 2 Years’

Veena Ashiya, Founder and CEO, Monrow Shoes on the cruelty-free brand’s journey, strategy and aspirations…Homegrown women’s footwear brand Monrow Shoes promotes conscious fashion through vegan and cruelty-free products.Founded in 2016 by Veena Ashiya, the brand recently inaugurated its 50th...

E-commerce platform Meolaa raises $2 Million in Seed Funding

Founded by 23-year-old Ishita Sawant. Meolaa has a portfolio of over 2500 brands and 125,000 products across six different categories New Delhi: Digital consumer products e-commerce platform Meolaa has bagged $2 million in its latest seed funding round, the company announced...

Non-metros dominate online festival sale across Amazon, Meesho, Flipkart

Amazon said the most preferred smartphone brands on its platform were OnePlus, Samsung, and AppleNew Delhi: Non-metro cities dominated the initial days of online festival season sales across leading e-commerce platforms, Amazon, Meesho and Flipkart, according to details shared by...

‘India E-commerce Index 2023’ by Unicommerce

The report highlights the volume growth of e-commerce in FY (fiscal year) 2023 across various categories including electronics, fashion and lifestyle, home decor and health and pharma‘India E-commerce Index 2023’ report by e-commerce enablement SaaS platform Unicommerce highlights the...

E-commerce industry records 26% YoY order volume growth in FY23: Research

Tier 1 cities reported the highest growth of 31.1% while tier 2 and tier 3 cities grew 23.3% and 22.4% respectively New Delhi: India’s e-commerce industry has recorded an impressive 26.2% year-on-year (YoY) growth in order volume in financial year (FY)...

The D2C growth story

According to reports in Q2 2022, Indian D2C startups raised $599.7 million or 42.7% of all e-commerce funding during the quarterNew Delhi: Today the D2C market size is increasing in leaps and bounds and India houses more than 800 D2C...

DPIIT in the process of inter-ministerial consultation for e-comm policy

Secretary in the department for promotion of industry and internal trade (DPIIT) Rajesh Kumar Singh said that broadly the intention is to make the policy work along with the consumer protection rules and not in conflict with each otherNew...

Four held for online shopping fraud in Delhi

The gang would advertise products on Indiamart and convince customers to transfer money to purchase the items without making the deliveryNew Delhi: Delhi Police said on Wednesday they have arrested four persons allegedly involved in online shopping fraud to...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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