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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...

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...

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...

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...

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...

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...

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...

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...

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...

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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