CaratLane vs BlueStone: One jewellery e-tailer burns more cash but also sells more

Vijayakumar Pitchiah

Online jeweller CaratLane widened the gap in revenue with rival BlueStone in the financial year 2016-17. This was in contrast ....

19 February, 2018

Snapdeal chief strategy officer Jason Kothari invests in US startup ItsByU

Manu P Toms

Jason Kothari, chief strategy and investment officer at Snapdeal, has made a personal investment in ItsByU, a flower e-commerce ....

15 February, 2018
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Anxious creditors await recovery as AskMe heads for auction

Manu P Toms

As e-commerce website AskMe’s parent Getit Infoservices Pvt. Ltd heads for an auction intended to end its insolvency, there ....

15 February, 2018

E-commerce firm Infibeam gets funding from TV18 Broadcast

Keshav Sunkara

Billionaire Mukesh Ambani-controlled TV18 Broadcast Ltd is investing up to Rs 40 crore ($6.23 million) in Ahmedabad-based Infibeam ....

14 February, 2018

Amazon ties up with US record company ahead of Prime Music launch

Anand J

Amazon India on Wednesday announced a deal with Warner Music Group (WMG) to bring the US publisher's catalogue to customers ....

14 February, 2018

Aditya Birla's fashion portal Abof set for second innings

Anand J

Aditya Birla Online Fashion (Abof), Aditya Birla Group's flagship fashion and clothing portal, appears set for a second innings ....

14 February, 2018
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Walmart is using the cloud in bid to steal Amazon's thunder

Reuters

One of Walmart Inc’s best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger ....

14 February, 2018

To decode Alibaba's India strategy, look no further than Paytm Mall

Binu Paul & Anand J

As foreign players hone in on India, Alibaba is doing things its own way as it seeks to gain a foothold in the online retail space. ....

13 February, 2018

Flipkart loses appeal on Rs 110 crore tax demand, asked to pay up by Feb-end

Binu Paul

E-commerce giant Flipkart has lost an appeal over a tax demand of Rs 110 crore in connection with the classification of marketing ....

12 February, 2018

Amazon India growing at double digits in a flat landscape: Amit Agarwal

Vijayakumar Pitchiah & Binu Paul

Seattle-based e-commerce giant Amazon.com Inc. entered India in 2012 through discovery and price comparison site Junglee. Its ....

12 February, 2018
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MakeMyTrip doubles revenue but posts loss in Q3

Dearton Thomas Hector

MakeMyTrip Ltd, the country's largest online travel services provider, doubled its revenue but posted a loss in the third ....

8 February, 2018

eBay takes $61 mn impairment hit on Snapdeal investment

Anand J

Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....

8 February, 2018

Why click-and-mortar may be the key to cracking India’s grocery delivery business

Anand J

What are the keys to success in the grocery delivery business? BigBasket co-founder Hari Menon thinks a deep understanding of ....

8 February, 2018

Food delivery startup Swiggy raises $100 mn in Series F round

Dearton Thomas Hector

Online food delivery startup Swiggy.com, run by Bengaluru-based Bundl Technologies Pvt. Ltd, has raised $100 million (Rs 640 crore) ....

8 February, 2018

Exclusive: Ola to shut down bus unit Shuttle

Manu P Toms

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ....

6 February, 2018

Flipkart’s PhonePe posts steep rise in FY17 revenue

Dearton Thomas Hector

PhonePe Pvt. Ltd, the payments app owned by online retailer Flipkart, has recorded sharp growth in net sales for the financial ....

6 February, 2018

Targeting $1 bn revenue run rate by March 2019: BigBasket's Hari Menon

Vijayakumar Pitchiah & Anand J

Online grocer BigBasket is barely $50 million away from becoming a unicorn after Chinese e-commerce giant Alibaba led a $300-million ....

5 February, 2018

Amazon’s India investment continues to dent profitability

Anand J

E-commerce giant Amazon.com Inc.’s massive investment in India has become a drag on its margins, with the loss on its international ....

2 February, 2018

Alibaba’s payment affiliate invests $200 mn in Zomato

Manu P Toms

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $200 million from Chinese e-commerce giant ....

2 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

Vijayakumar Pitchiah

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a fresh ....

2 February, 2018

Logistics firm Xpressbees rejigs board in wake of Alibaba funding

Vijayakumar Pitchiah

The board of Xpressbees has witnessed a major reshuffle in the wake of the Pune-headquartered logistics firm raising Rs 225 crore ....

1 February, 2018