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Ola shuts down grocery and food delivery service

Marking a mail to its customers, taxi-hailing firm has announced that it is shutting down its grocery and food delivery service. Ola had launched Ola Store and Ola Cafe just a year ago in Bengaluru, Hyderabad and NCR. The email...

Paytm to add 4 lakh offline merchants by year end

Paytm, India’s largest mobile commerce platform, says it plans to add a total of 4 lakh merchants by the end of 2016. The website, which started by offering mobile recharge and utility bill payments, is a full marketplace today...

Flipkart introduces new online wallet

India's e-commerce major Flipkart, in a bid to foray into the payments business, has launched an online wallet, Flipkart Money. The online wallet will directly compete with Alibaba-backed Paytm and Snapdeal's Freecharge. Flipkart Money will help the firm increase the...

Paytm to support women entrepreneurs

Paytm, India's largest mobile payments and commerce platform, has invited selected women sellers from across India (Karnataka, Maharashtra, Uttar Pradesh and Delhi/NCR) to interact with their senior management in formulating a long term future roadmap for supporting women entrepreneurs...

E-retailers held 83 per cent market share in 2015

According to a study conducted by Morgan Stanley, Flipkart, Snapdeal, and Amazon – the “Big Three” accounted for more than 80 per cent of the total market in 2015. Snapdeal and Amazon India lost market share as online shopping options...

Flipkart shuts grocery delivery app Nearby

Less than five months after testing it, Flipkart has decided to shut down its grocery delivery app, Nearby. The experimental app was launched by the online retail giant in October last year. Nearby was only launched in one city,...

Ready-to-eat-breakfasts are the new rage

Aditya Bagri, Director, Bagrry’s India Limited, shares his thoughts about the growing consumer traction for healthy breakfast cereals and how his company is best placed to tap into this opportunity with its expanding portfolio of oats and muesli products…. With...

Ratan Tata invests undisclosed amount in CashKaro.com

Cashback and coupons site CashKaro.com has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity, his third investment in 2016. The funding comes just two months after...

Consumer-facing startups attracted maximum investment in 2015: Report

Investment momentum in startups witnessed a rapid rise in the last five years and in 2015, over 600 Indian companies got funded with more than USD2 billion being invested by PE and VC funds. According to a report by assurance,...

Paytm provides 'e-payments' to Industrybuying

Mobile wallet and e-commerce company Paytm has tied up with B2B online platform Industrybuying.com in order to simplify the latter's transaction processes and cut down on the overall transaction time. The tie-up is in tandem with Industrybuying's product and marketing...
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Ashni Biyani-founded Smartsters opens new shop-in-shop

The kids' furniture brand is present in over 20 locations across the country through shop-in-shops at large format stores...
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