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B2B e-commerce startup Udaan raises $50 million from Lightspeed, Yuri Milner

The company which has been started by three former top Flipkart employees, Udaan has picked up the huge cheque from Lightspeed Venture Partners and Russian billionaire

February 21, 2018  |  comments ( 0 )  | 

H&M India To Start Online Business This Year

he multinational retail giant registers 12 per cent of its sales from the online outlets.

February 21, 2018  |  comments ( 0 )  | 

Warburg Pincus-backed company to buy Innovative Logistics

Innovative Logistics, based in Kolkata, will support Stellar’s foray and growth into express logistics, apart from adding more than 100 customers and bolstering its

February 07, 2018  |  comments ( 0 )  | 

FarEye bags Rs 61.5 crore from Deutsche post DHL Group, the data intelligence platform furnished documents show that FarEye issued 73,632 Series-C shares to Singapore-based 23i in an investment.

February 06, 2018  |  comments ( 0 )  | 

Budget 2018: Ecommerce industry eyes changes in rules and taxes

Positive Changes in taxation can give impetus to the entire sector. New digital developments are being promoted by Cashless Concept and can do wonders for infra startups.

February 01, 2018  |  comments ( 0 )  | 

Alibaba invests Rs 224 crore in logistics co Xpressbees

Prior to Alibaba backing the company had raised about Rs 360 crore from investors

January 30, 2018  |  comments ( 0 )  | Plans To Foray Into US Market This Year

Tencent will get about a third of the shares on offer and the deal will be completed by the middle of next month.

January 29, 2018  |  comments ( 0 )  | 

IKEA Wins Circular Economy Award At World Economic Forum

IKEA has won this award in recognition of its work leading to sustainable transformation of the IKEA business in all aspects from product development material sourcing

January 25, 2018  |  comments ( 0 )  | 

Future Group Close To Final Deal To Buy Vulcan Express For Rs 50 Crore

The logistics arm had also been evaluated by a number of bidders including TVS Logistics Allcargo and private equity firm Warburg Pincus.

January 25, 2018  |  comments ( 0 )  | 

Pepperfry Partners With Quikr Plans To Expand Exchange Program

The Furniture Exchange program helps consumers to sell old furniture to Quikr in exchange for Pepperfry gift cards

January 11, 2018  |  comments ( 0 )  | 

Ekart Bags Fund Of Rs 1,632 Crore From Klick2Shop

Set up in 2009, Ekart delivers 10 million shipments a month to over 3800 pin codes

January 05, 2018  |  comments ( 0 )  | 

Future Group In Talks To Buy Vulcan Express

Vulcan Express which manages about half of Snapdeal’s deliveries and shipments replaced gojavas as the primary logistics partner when it was formed about three years

January 05, 2018  |  comments ( 0 )  | 

Myntra End Of Reason Sale To Be 45% Bigger Than Previous Edition

Myntra is expecting to clock 25x in sales over a normal day on day one of the sale its sister company Jabong which would also partake in the sale is expecting 15x sales

December 21, 2017  |  comments ( 0 )  | 

PhonePe Join Hands With SafeGold For Digital Gold Product

PhonePe leverages the Unified Payments Interface for its customers thereby enabling them to make payments directly from their bank accounts without the need to park money

December 13, 2017  |  comments ( 0 )  | 

Logistic Company BlackBuck Sees Revenue Growth

Zinka Logistics Solutions (the registered name of BlackBuck) saw revenues grow to to Rs 566 crore in FY 16-17 from Rs 81 crore the year before while losses increased to

December 13, 2017  |  comments ( 0 )  |