Zomato FY18 loss shrinks on higher revenue, cost cuts

Vijayakumar Pitchiah

Gurugram-based Zomato Media Pvt. Ltd narrowed its net loss for 2017-18, as the restaurant listings and food delivery company controlled ....

22 September, 2018

Amazon to pick up stake in supermarket chain More

Reuters

Amazon and Indian private equity firm Samara Capital are making a joint investment that will give the online retail giant a stake ....

20 September, 2018
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Walmart to buy Flipkart ESOPs worth $800 mn

Kavya Kothiyal

Flipkart employees with stock options could be in for a windfall as parent company Walmart is set to purchase employee stock ownership ....

20 September, 2018

What does Amazon’s latest bet mean for India’s grocery biz?

Anand J & Dearton Thomas Hector

US e-commerce behemoth Amazon appears to have made another move to expand its grocery retail business in India and intensify its ....

19 September, 2018

Online-to-offline grocery firm Avenue11 strikes ad-for-equity deal with Brand Capital

Binu Paul

Online-to-offline grocery platform Avenue11, based in Bengaluru, has raised Rs 26 crore ($3.6 million) from Brand Capital, the ....

19 September, 2018

Digitally influenced spends in emerging markets to more than double by 2022: BCG

Shweta Sharma

Digitally influenced spending in emerging markets will more than double from $1.8 trillion (Rs 130.5 lakh crore) last year to ....

19 September, 2018
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Online home décor startup Livspace gets $70-mn cheque

Dearton Thomas Hector

Bengaluru-based online home décor startup Livspace has raised $70 million (around Rs 500 crore) in a Series C round of ....

19 September, 2018

How Amazon is building its India biz via strategic bets

Anand J & Dearton Thomas Hector

Earlier this month, e-commerce behemoth Amazon.com Inc. became only the second US company to touch a market valuation of $1 trillion ....

18 September, 2018

Oyo tops LinkedIn list of hottest startups to work for in 2018

Kavya Kothiyal

Professional networking company LinkedIn on Tuesday announced an India list of top 25 startups to work for in 2018, topped by ....

18 September, 2018

Top Walmart executives to join Flipkart: Report

Dearton Thomas Hector

Three months after retail giant Walmart announced the acquisition of Flipkart, four senior executives from the US-based company ....

18 September, 2018
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Flipkart in talks to pick up a stake in Hotstar: Report

Kavya Kothiyal

Homegrown e-commerce giant Flipkart has held discussions with video streaming service Hotstar to buy a stake in the Star India ....

17 September, 2018

BigBasket, Grofers revive merger talks: Report

Kavya Kothiyal

Online grocer BigBasket could acquire smaller rival Grofers as part a transaction where investors of the two companies would commit ....

17 September, 2018

Online drugstore PharmEasy raises venture debt from InnoVen Capital

Payal Ganguly

Mumbai-based PharmEasy, which offers diagnostic test booking services as well as medicines and wellness products online, has raised ....

12 September, 2018

Alipay gains voting-rights edge at Zomato

Payal Ganguly

The payments affiliate of Chinese e-commerce titan Alibaba Group Holding Ltd has tightened its grip on Zomato Media Pvt. Ltd after ....

11 September, 2018

Meet the man who will attempt to fill Jack Ma's big shoes at Alibaba

Reuters

Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn't usually one to grab the limelight, ....

10 September, 2018

Exclusive: Shopping platform Naaptol raises fresh funding after three-year gap

Vijayakumar Pitchiah

Naaptol Online Pvt. Ltd, which runs an omnichannel shopping platform, is on course to raise $15 million (around Rs 109 crore at ....

10 September, 2018

Alibaba's Jack Ma to retire in 2019, CEO Zhang to take over as chairman

Reuters

Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman ....

8 September, 2018

Exclusive: Beauty products subscription platform VanityCask goes offline

Vijayakumar Pitchiah

VanityCask Tech Pvt. Ltd, which operates an eponymous online platform offering luxury beauty products on a subscription basis, ....

7 September, 2018

Tribunal asks Walmart to explain India business model after Flipkart deal

Reuters

Walmart Inc's unit has been asked to explain its business model in India after its acquisition of e-commerce platform ....

7 September, 2018

Beauty e-tailer Nykaa gets a new PE investor

Debjyoti Roy

Mid-market private equity firm Lighthouse Advisors Pvt. Ltd has added beauty e-tailer Nykaa to its portfolio of consumer-focussed ....

5 September, 2018

DLF is bringing IoT, Big Data with a pinch of e-commerce to modern shopping malls

Anirban Ghoshal

While e-commerce firms may have won over investors, the vast majority of Indians are still shopping offline. Large offline players ....

5 September, 2018