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 h...
BigBasket merges 2 core arms to speed up delivery
The move is expected to help it better compete with established ecommerce players Amazon an...
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.
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.
NCRTC likely to provide freight movement on regional rapid transit system
According to the NCRTC, RRTS is envisioned to serve as a more sustainable alternative for urban freight movement in the NCR by handling goods at its depots.
Flipkart close to investing $40M in logistics startup Shadowfax
If the deal goes through, it will be Flipkart’s third investment in the logistics space after earlier backing trucking platform BlackBuck and locker provider QikPod.
Ecommerce companies Flipkart, Amazon may face a repackaging challenge
The government is thinking of ways to make ecommerce companies recycle the waste that they generate.
Grofers says on track to hit Rs 550 crore monthly GMV
Data shows that most of Grofers’ orders are coming from less-affluent neighbhourhoods across the country.
BigBasket gets Rs 100 crore in venture debt from Trifecta Capital
Grocery etailer raised the amount in venture debt to fund working capital needs, expansion.
Udaan to raise $500 million, valuation may climb 2x to $2.2 billion
Round may see new investors like Hillhouse, Altimeter along with existing backers.
Walmart likely to soon put $50 million into NinjaCart
First tranche, pegged at $10 million, is likely to close in the next three weeks.
BigBasket targets revenue of Rs 6300 crore in FY20
Menon said the company has ventured into new areas of business milk supply, beauty products and installation of unmanned vending machine at apartment complexes.
Swiggy lines up $100m to deliver milk, other essentials
Shreyas Nagdawane and Puneet Kumar, who started the company in 2015, are leading the business after the acquisition by Swiggy.
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