Indian E-commerce Archives

Amazon injects fresh capital of Rs 650 crore in Wholesale India unit this festive season

BalrajDecember 1, 2021

Amazon, the US-based e-commerce conglomerate, has invested Rs 650 crore (~$87 million) in Amazon Wholesale (India), according to regulatory filings. This comes ...

BusinessIndia News

Myntra CEO Amar Nagaram steps down; plans to launch his own venture

BalrajOctober 24, 2021

Amar Nagaram, the CEO of Myntra, has resigned after three years of overseeing the fashion e-commerce platform and will pursue his own venture. According to an e...

BusinessFashionIndia NewsTech

Amazon Great Indian Festival Sale: Dates changed to coincide with Flipkart’s Big Billion Days

BalrajSeptember 27, 2021

The upcoming online festive sales season is shaping up to be an unusual conflict between India's top two e-commerce giants for the first to attract customers. A...

India News

Flipkart’s Big Billion Days Sale: Dates revised to compete with Amazon’s Great Indian Festival

BalrajSeptember 26, 2021

Flipkart has revised the dates of its Big Billion Days sale, just days after Amazon announced its upcoming Great Indian Festival sale. Flipkart's special sale, ...

India News

Ola Electric sold e-scooters worth Rs 1100 crore in just two days

BalrajSeptember 18, 2021

Ola Electric, the ride-hailing company's electric vehicle division, announced that it sold over Rs 1,100 crore in e-scooters in just two days during the first s...

Electric VehiclesIndia News

Flipkart receives $1.35B show-cause notice by ED under forex violations

BalrajAugust 5, 2021

The Enforcement Directorate (ED) has issued a show-cause notice to Walmart-owned Flipkart, its founders, along with Tiger Global, a major investor, asking why t...

India NewsNews

Flipkart raises $3.6 Bn in fresh funding round, hitting $37.6 Bn in valuation

BalrajJuly 12, 2021

Flipkart, the homegrown e-commerce platform, has secured $3.6 billion (about Rs 26,842 crore) in funding from a group of worldwide investors, including sovereig...

BusinessIndia NewsNewsStartups

Kalaari Capital Unhappy with Snapdeal’s Decision

Chinmay BidkarAugust 3, 2017

03 July 2017, India: One of the early investors Kalaari Capital has expressed disappointment over Snapdeal latest decision to call off the merger with one ...

News

Exclusive: Sandeep Aggarwal Opens Up About E-Commerce Space In India, His Outbursts In Social Media And Lot More

Chinmay BidkarApril 12, 2017

There has been a lot happening in the Indian e-commerce market. The year began with Tiger Global's Kalyan Krishnamurthy taking over as CEO, Paytm raising $2...

Business

Flipkart Raises Funding $1 Billion From Tencent, Microsoft

Dipti GoreMarch 21, 2017

India's e-commerce giant Flipkart has finally raised $1 billion from Tencent and Microsoft. Along with the current investors, the company was in talks with ...

News