Amazon Introduces ₹49 Processing Fee for Bank Discounts
Amazon has implemented a new policy that requires customers who use instant bank discounts (IBD) of ...
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Tag: ecommerce
E-Commerce Giants in Trouble: BIS Seizes Non-Compliant Products
Major online marketplaces like Amazon and Flipkart have been targeted by the Bureau of Indian Standards ...
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Flipkart Promotes Akash Jain to Director of Marketing, Head of Media
Akash Jain has been promoted to Director of Marketing and Head of Media at e-commerce behemoth ...
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Binny Bansal’s Opptra: A New Venture to Scale Consumer Brands Across Asia
Flipkart co-founder Binny Bansal has started a new business called Opptra with the goal of assisting ...
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Purplle Secures INR 99.88 Cr Internal Capital Amid IPO Buzz
Mumbai-based beauty ecommerce unicorn Purplle has secured INR 99.88 Cr (approximately $11.43 Mn) from its parent ...
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Moglix Secures $12.3 Mn from Singapore Parent Amid Plans for India Domicile Shift and IPO
The parent firm of Moglix, a well-known business-to-business e-commerce site that specializes in industrial tools and ...
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Achint Setia Takes Up CEO Role at Snapdeal, Himanshu Chakrawarti to Focus on Stellaro Brands
Achint Setia has been named the new Chief Executive Officer (CEO) of Snapdeal, one of the ...
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Global Investment Firm Accel Raises $650 Mn for Eighth India-Focused Fund
The world-renowned investment firm Accel has raised $650 million for its ninth India-focused fund, which is ...
Read moreAmazon Sells Shoppers Stop Stake for Rs 276 Crore, Bags 54% Profit
In a significant move, on December 18, 2024, the multinational e-commerce giant Amazon.com Inc. sold its ...
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Myntra Achieves ₹30.9 Cr Profit in FY24: Revenue Soars by 15% Amid Cost Cuts
Following a loss of ₹782.4 Cr in FY23, Myntra, one of India's top fashion e-commerce sites, ...
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