Private labels to power the e-commerce cart
Private labels have not yet become a significant part of any retailer’s revenue in India — but this could change in a big way in 2018.
Here's how edutech startup Byju’s quietly turned into a unicorn company
Byju’s is the 11th unicorn startup from India, following messaging ap...
Best FMCG deals in store for Amazon Prime users
The marketplace will offer best-ever deals on FMCG products across categories such as food, g...
Alibaba plans on integrating BigBasket & XpressBees with Paytm Mall
Working with these companies will help Paytm Mall, which claims it will exit FY18 at a gross merchandise volume (GMV) run rate of $3 billion, target an ambitious $10 billion run rate by end of FY19.
DailyNinja raises $3 million in a new round led by Saama Capital
Founded in July 2015 by Sagar Yarnalkar and Anurag Gupta, DailyNinja handles 25,000 orders daily and expects to increase it to 150,000 in 12 months.
Ecommerce firms scramble to reward foot soldiers
Median salaries improved to Rs 11,500 a month in 2017 from Rs 7,500 a month in 2014, making the increments among the highest for blue-collar workers.
GST boon for flexi staffing industry
The input tax credit benefit under GST prompted companies to increase their hiring of temp employees such as sales and support staff.
Amazon India ahead of Flipkart, claims Amit Agarwal
The global ecommerce giant’s country head says, Amazon India grew 64% in 2017 and at over 50% in the first quarter of this year in terms of the number of units shipped.
Paytm Mall in talks to invest $200 million in BigBasket
BigBasket is seeking a pre-money valuation of at least $550 million. The company was valued at about $450 million when it raised capital in March, 2016.
Amazon readying to sell locally made food from March
The unit can sell only locally produced and packaged food products and will directly compete with Grofers and BigBasket in the online segment.
How Amazon missed three opportunities to acquire Flipkart
The Jeff Bezos-owned online retail giant may now need to double its investment commitment to its India operations to $10 billion, say analysts.
Startups going all out to retain key talent
The extras may include bonuses, ESOPs, domestic and foreign travel, fast-track promotion and educational assistance as firms go all out to retain key talent.
SoftBank in talks to lead $500 million round in Paytm Mall
If the deal goes through, it will be yet another bet that Masayoshi Son will be taking on India’s fast-changing online retail market after he led a $2.5-billion funding at Flipkart through the gargantuan sized SoftBank Vision Fund earlier this year.
DST Global in talks to invest in Swiggy
The investment will see the Bengaluru-based online food delivery startup’s valuation cross the $1-billion threshold.
Knowing what you eat: An app promises to track and trace fruit, vegetable
Named FarmTrace, the app would help a consumer locate the store where they can find the right food and also get to know the location where it was grown and the nutritional factors that made it.
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