In the first weeks of the festive month alone, the sales by the e-tailers are likely to touch $4.8 billion, a 30% increase in GMV YoY.
24 Sep 2021
The company which had a humble beginning from a 700 sqft warehouse in Chennai shifted to California a few years later and has attracted investments and clients from worldwide.
23 Sep 2021
Top sources at Amazon said that in a market like India, Amazon has huge operating revenues and hence the professional expenses have increased during the last successive years.
22 Sep 2021
It has also procured a non-banking financial company (NBFC) license and launched consumer lending business with CARS24 Financial Services and two-wheeler segment, BIKES24.
21 Sep 2021
CAIT chairman Praveen Khandelwal said that SEA Holdings, the holding company of Shopee, has significant ownership (almost 25%) by Tencent, a known Chinese investment firm.
17 Sep 2021
In an email sent to staff at Zomato, Gupta - who was the head of supply - said he will be starting a new chapter after spending six years at the company.
15 Sep 2021
The California-headquartered firm informed the US Securities and Exchanges Commission in a filing on Monday that it is planning to issue 28.5 million shares in the price range of $28-$32.
14 Sep 2021
Despite demand push, supply disruptions to make festivals a low-key affair for businesses
12 Sep 2021
From Aadhaar-enabled low-cost payment systems to UPI and digital KYCs, we have built the most affordable, cutting-edge financial innovation system,” he added.
09 Sep 2021
Despite a pandemic that hit its economy hard, India has emerged as the leader in the technology sector across
08 Sep 2021
The sale of educational tablets, SD cards and reference books to the platform users accounted for 93% of the total revenues of Byju’s at Rs 2,235 crore.
07 Sep 2021
Although the number of active retail loans has grown 2x , there has been a flat growth in the average balance of the borrowers, indicating uptick in small-ticket loans.
01 Sep 2021
The California-based firm is planning to raise $100 million at a reportedly $10 billion valuation, a significant jump from its $3.4-billion valuation during the last funding round in 2019.
29 Aug 2021
The upcoming Initial Public Offerings (IPOs) including that of Paytm and Policy Bazaar is set to further boost the prospects of India’s fintech industry.
28 Aug 2021
The company aims to fight the emerging abuse areas, such as misinformation, fraud, threats to child safety, violent extremism, phishing attacks, and malware.
26 Aug 2021
The loans will have a pre-defined interest rate of 7-20% per annum and will be disbursed within five days.
21 Aug 2021
China-headquartered tech firms captured almost 28% of the smartphone market in India in Q2, 2021, as per a report by Counterpoint research.
20 Aug 2021
The investment is as a part of Amazon’s funding strategy in early-stage start-ups in India through its $250-mn Amazon Smbhav fund initiative.
19 Aug 2021
SC verdict for anti-trust probe by CCI gives offline retailers an edge
15 Aug 2021
Instances of data leaks from various platforms have cropped up, in Meesho’s case it is seemingly the resellers trying to deceive the customers.
12 Aug 2021