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DS Group earmarks Rs 125 cr spend in FY25 to fuel growth of Catch Spices brand
PTI -
We have grown around 22 per cent CAGR over the years. In the last two years we have grown at a CAGR of 24 per cent. We plan to grow at a CAGR of 30 per cent in the...
E-Commerce
Being paranoid, innovating constantly driving next versions of biz: Zomato CEO Deepinder Goyal
PTI -
Goyal - who is counted among India's growing tribe of celebrity founders - said the mantra for Zomato is "how do we disrupt our businesses" and not become complacentNew Delhi: Zomato CEO Deepinder Goyal on Monday said the company's...
E-Commerce
Blinkit launches Franchise App to help franchise owners
This initiative will enhance the interaction between franchise owners and their customers
Bengaluru: Quick commerce marketplace Blinkit has launched Blinkit Franchise App aimed at assisting its franchise owners across the country, a company official wrote on social media on Monday.
Blinkit expects...
E-Commerce
Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform
PTI -
Flipkart's user base grew 21% year-on-year (Y-o-Y), Meesho accelerated at 32% while Amazon lagged at 13% user growthNew Delhi: Walmart group firm Flipkart continues to dominate the e-commerce segment with 48% market share while Softbank-backed Meesho has emerged as...
In Focus
India’s e-retail market estimated to cross $160 billion by 2028
PTI -
The E-retail market is expected to be around $57 to $60 billion (Rs 4.75 lakh crore to 5 lakh crore) in 2023, with an annual shopper base of around 240 million representing an annual addition of $8 12 billion...
Finance & Funding
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft
PTI -
Sauce has also acquired an additional 1% stake from other shareholders in GRM Foodkraft, which focuses on the domestic foods businessNew Delhi: Basmati rice company GRM Overseas on Monday said it has sold more than a 3% stake in...
Latest News
Dunzo switches to Zoho workspace from Google suite to cut costs
PTI -
Google Workspace is priced at about Rs 1,600 per user each month under the enterprise plan, while Zoho charges a portion of that at Rs 489 for similar offeringsNew Delhi: Troubled quick commerce startup Dunzo has migrated all its...
E-Commerce
Zomato reports Rs 36 crore profit after tax in Q2
PTI -
Revenue from operations was Rs 2,848 crore in the quarter. In the year-ago period, it was Rs 1,661 croreNew Delhi: Online food delivery platform Zomato on Friday reported a consolidated profit after tax of Rs 36 crore for the...
Retail
Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business
PTI -
In FY23, Reliance Retail's digital commerce and new commerce businesses contributed to 18% of its revenue, which stood at Rs 2.60 lakh croreNew Delhi: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered...
Food & Grocery
Dunzo seller app joins ONDC; aims to onboard 20,000 merchants in 45 days
PTI -
In addition to being a logistics partner on the network, the seller app will onboard 1,500 local merchants in the next one weekNew Delhi: Quick commerce and logistics app Dunzo's seller arm has joined the Open Network for Digital...
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Latest News
Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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