Paytm
Retail
Paytm registers 3x growth on 12.12 Festival
India’s largest mobile-first financial services platform Paytm has registered 3x growth in payment transactions across offline merchant partner stores during the second edition of its ‘12.12 Festival’. This contributed to over 1.5x increase in a single-day revenue growth for...
Fashion & Lifestyle
Duke to expand brand locally, increase revenue to Rs 500 crore
Ludhiana based Duke Fashions (India) Ltd., a much-favored name in Knitwear is acknowledged today as one of the undisputed leaders in the Indian fashion retail industry. The company's values are based on its authentic fashion understanding heritage, dating back...
Retail
Paytm Mall posts Rs 13.63 cr loss during Aug16-Mar17
Paytm E-commerce, which operates online marketplace Paytm Mall, has posted a total loss of Rs 13.63 crore between August 2016 and March 2017, according to regulatory filings with the Corporate Affairs Ministry.
According to a PTI report: Paytm Mall, which...
Retail
E-commerce companies may see cash burn up to US $400 mn in festive sales: Red Seer
E-commerce companies could see a cash burn of up to US $400 million during this year's festive sales, compared to about US $200-250 million last year, research firm RedSeer Consulting said.
The cash burn for the e-tailing industry, which has...
Retail
7 marketing ideas e-commerce retailers will count on this Diwali
E-commerce giants like Amazon, Flipkart, Myntra, and Paytm are gearing up to launch their festive sales 2017 and CashKaro.com has analyzed past trends to identify marketing strategies these e-commerce websites will use to amplify their sales during this period.
CashKaro.com...
Fashion & Lifestyle
FCUK India to base expansion on market research, align strategy with e-commerce
Premium underwear brand FCUK Underwear is building on the cutting-edge style and design aesthetic of its parent apparel brand in India, playing on its core strengths of product quality, perfect body contouring fits and fun and audacious prints that...
Food
Paytm may join forces with Alibaba to invest US $200 mn in BigBasket
Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI.
According to a PTI report: The companies...
Fashion & Lifestyle
Ahead of GST rollout, retailers dole out massive discounts
India will adopt its most comprehensive indirect tax reform, the Goods and Services Tax (GST) - on July 1, 2017. GST will help remove tax barriers between states, creating a single market. The roll-out will replace a plethora of...
Retail
Paytm Mall appoints Amit Sinha COO
Amit Sinha, a vice-president overlooking business and human resources at One97 Communications Ltd, the company behind the Paytm app, has been appointed as the Chief Operating Officer (COO) of its e-commerce business Paytm Mall, a company statement said on...
Retail
Paytm raises US $1.4 billion from SoftBank
Paytm has announced an investment of US $1.4 billion by the SoftBank Group, the Japanese Internet and telecom major, in One97 Communications Limited, the entity that operates India’s largest mobile payments and commerce platform under the Paytm brand. This...
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Femtech is gaining recognition across demographics in India: Deep Bajaj, Founder, Sirona
Deep Bajaj, founder of Sirona, sheds light on the business model, plans and how it caters to the Indian...
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