Take three: Flipkart’s $100+ million online grocery bet in India
In its third big shot at online food and grocery, Flipkart pieces together the legs of its strategy through two big investments in seven days — Shadowfax and Ninjacart.
Procter & Gamble India tests Ecomm waters
P&G is currently testing the beta version of the site and the products are sold and the supply chai...
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on ...
Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20
Grofers, which competes with the likes of BigBasket as well as grocery verticals of e-commerce majors such as Flipkart and Amazon, saw its total income grow by over 56 per cent to Rs 83.62 crore in 2018-19 from Rs 53.47 crore in the previous financial year.
After WeWork debacle, founders forced to chase profit, not just funds
The depleting market value of global startups has raised alarm bells about loss-making ventures and their business models. The focus, therefore, is growth with profitability, said founders and investors who attended The Economic Times Awards for Corporate Excellence, 2019.
Inside Indian Ecommerce sector's favourite logistics hub: Bhiwandi
A city known for its century-old power looms is the nerve centre of India's e-commerce operations.
More preferring online grocery shops: BigBasket
BigBasket said it’s using its partnership with Chinese e-commerce giant- Alibaba to improve delivery and logistics.The retailer, which has shifted from dark stores to large warehousing format, has also implemented Alibaba’s bulk storage mechanism to optimize space.
BigBasket announces 'big 47 sale' from tomorrow
The offers are live in the 26 Indian cities BigBasket is operational in, the company said in a statement.
Startups offer mentoring to women staffers for leadership challenges
Startups are prioritising gender diversity in leadership. Other newage companies including Jombay, Healthians, Bigbasket, Uber and Byju’s are stepping up their efforts to nurture future women leaders who can drive growth, product innovation and profitability.
Nykaa pushes offline in Tier 2, shows rising orders from beyond metros
Beauty is a fast-growing category and ecommerce companies like Amazon, Flipkart and Myntra have realised that Indian customers are far more open to trying out products online. For Nykaa, it was all about giving customers access to brands they typically wouldn’t get in their towns.
Amazon, Flipkart will take at least a year to build supply chain capabilities: BigBasket's Hari Menon
“This is very good for the sector and how modern trade grew and opened up a new way to shop,” Menon said, adding that as grocery extends beyond the high socioeconomic classes towards the midsection, the market will expand.
Doodhwala comes via FreshToHome
Shan Kadavil, the chief executive of FreshToHome, said his company had not acquired Doodhwala and had instead provided a migration path for its customers.
BigBasket merges 2 core arms to speed up delivery
The move is expected to help it better compete with established ecommerce players Amazon and Flipkart and food delivery company Swiggy, which has recently forayed into the grocery segment.
Employees' financial well-being need of the hour for new-age companies
Myntra rolled out ‘Thrive’, a wellness framework in which financial well-being is one of the main tenets.
It’s treat time for pet food companies as Indians indulge furry folks
Growth of packaged food for pets has been one of the strongest in recent years, even as people cut down on other categories.
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