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Close to 40% customers for ecommerce companies’ private labels portfolio came from Tier 3 and below cities for Flipkart
More than 82% new customers were from Tier 2 and below for Amazon India
India's e-retailing industry is expected to have more than 50 Mn online shoppers from Tier 2 cities alone by end of 2018
Festivals are a time of jackpot for Indian…
The loss incurred in Q1 FY2019 is more than 5x of $314K loss recorded in Q4 FY2018
Infibeam further registered a 26% increase in revenues, thereby earning $13 Mn (INR 91.3 Cr) in Q1 FY2019
the company showcased a net profit of INR 127.2 Mn for the corresponding quarter last year (Q1 FY2018)
Ahmedabad-headquartered ecommerce major Infibeam has Infibeam registered a 26%…
Paytm Ecommerce, which runs Paytm Mall, registered $3.5 Bn in gross sales in June 2018
The company is intensifying its efforts to garner a bigger slice of India’s online retail market
It expects unit orders to jump to 1-1.5 Mn per day by March 2019
Paytm Mall, owned by Paytm Ecommerce Pvt Ltd, is aiming for a…
Biyani believes that Future Retail's large database of 500 Mn customers can really attract foreign investors
Earlier, Future Retail was reportedly in investment talks with Amazon
Kishore Biyani is looking to float Retail 3.0, which is a blend of technology with brick-and-mortar stores
Flipkart, Snapdeal, OYO, Paytm, and Zomato are India’s leading companies across sectors.…
Discussions Are On For The New Ecommerce Policy, Which Is Expected To Pin Greater Liability On Etailers
An ecommerce subgroup has proposed that the Centre allow foreign direct investment (FDI)…
The DIPP Has Forwarded SJM's Complaints To The RBI, the Enforcement Directorate, the CCI, and the tax authorities.
The ruckus around the acquisition of a 77% stake in Flipkart by…
Important Indian Startup News Of The Week
We bring you the weekly dose of important Indian startup news of…
Future Group CEO Believes Online Retail Is Threatened Due To Low Business Share And High Costs
Future Group CEO Kishore Biyani is back to bashing online retail once…
The Retail 3.0 Model Was Announced At Nasscom Product Conclave 2017 Held At Bengaluru
Retail Giant Future Group’s Founder and CEO Kishore Biyani has announced to…
Urban Ladder Shifted Its Business Model From Online Retail To Offline In September 2016
Urban ladder, which earlier dealt in online retail of furniture, has received…
2 Mn Indian Women Resellers Registered $9 Bn Gross Sales
With India’s ecommerce market aiming to touch $220 Bn by 2025, benefitting…
