Ecommerce

This is the first time electric vehicles will be sold on the ecommerce platform

Ampere’s scooters will be available in 10 cities primarily in Tamil Nadu and Karnataka

Ampere has raised $ 1.2 Mn funding from eminent investors

The leak, found by researcher Anurag Sen, was first spotted at the end of August 2019

A security research team at Safety Detectives said Cashkaro.com and Pouringpounds.com have both made available key details about their active users

Safety Detectives said that the breach was fixed by CashKaro on September 21

Rudra Dalmia was speaking at the India Mobile Congress today on October 16

He said that the objective of discounting is to kill the competition and should not be encouraged

Dalmia urged platforms to informs users about fair pricing for products

Uniket will also allow these stores to set up their own website and app

The platform has 6,500 stores on board in over 350 cities

In the next six months, the platform wants to target 60K stores in over 800 cities

At least 50% of Indian shoppers have purchased using Instagram

Around 75% of customers hailed from Tier 2 and 3 cities

Celebrity influencers are a big factor behind this shopping drive

FarmerMart was registered on October 4 and will sell locally-produced and packaged food products

The company is likely to adopt an omnichannel model for sales under FarmerMart

Will FarmerMart help Flipkart take on the likes of BigBasket, Amazon and Grofers?

CAIT writes to brands demanding clarification on deep discounts

The move was taken after a recent DPIIT meeting directed by union minister of commerce and industry

Amazon and Flipkart sternly denied violation of FDI norms

Cloudtail's growth is despite running into regulatory hurdles that resulted in some downtime in the January quarter

The company is a joint venture of Amazon and NR Narayana Murthy’s Catamaran Ventures

Cloudtail’s expenses went up by 27% to INR 8,899 Cr during the previous financial year

Ecommerce companies have been asked for discarding plastic used in

The companies have also been advised by the Department for Promotion of Industry and Internal Trade (DPIIT)

DPIIT suggested ecommerce companies to develop sustainable packaging material

Investcorp provided nearly 90% of funding and would hold around 14% stake in Bewakoof

Bewakoof said its first focus will be to further strengthen its platform

The fresh funds are planned to be used towards investing in technology and to hire new talent

Amazon, Flipkart deny violation of FDI norms at a meeting by DPIIT

Emails were sent by ecommerce platforms to sellers asking them to offer discounts, said CAIT secretary general

Separate meetings for the two ecommerce platforms were held by the department with members of CAIT joining in

The Series D round was led by Qiming Venture Partners

Bertelsmann, IDG Capital, and other Fortune 500 companies also participated in the fundraising

Club Factory says it would further enhance its open ecommerce platform strategy for India