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Cash flow financing firm GetVantage raises Rs 63 crore in equity, debtMumbai-based GetVantage secured sixty-three crore rupees in a funding round. This capital infusion was led by Rajeev Ahuja and SanRaj Group...- Quick commerce braces for Rakshabandhan rush as capacity strains emergeThe surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces such as Amazon and Flipkart. Brands...
- Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
- Shiprocket to launch IPO in 1-2 weeks at a valuation of Rs 7,000 croreShiprocket is also expected to file a revised prospectus with updated financials before launching the issue. The company, after receiving a...
- Zepto may defer IPO; Festive carts go premiumHappy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispat...
- Dell revives XPS as component costs surge; consumer business head on brand equity, pricing strategy and India pushDell Technologies is bringing back its recognizable XPS consumer PC brand after a brief hiatus. The company is also expanding its omnichann...
- EBay agrees to $55.7 million settlement over harassment campaignEBay and three former executives will pay $55.7 million to settle a stalking lawsuit. This case involved a bizarre harassment campaign agai...
- Nykaa appoints ex-Instamart COO Ankit Jain to lead quick commerce businessAnkit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic move. Nykaa intends to broaden its 30...
- ETtech Explainer: Ecommerce export FDI policy opens opportunities, but raises compliance questionsIndia's FDI rules prohibit ecommerce companies from holding inventory, requiring them to operate on a marketplace model to prevent large in...
- Flipkart's Kalyan Krishnamurthy rules out IPO timeline, plays down quick commerce as a separate businessFlipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the domestic capital market, according to ...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Meesho expects slower Q2 growth, to raise festive marketing spendMeesho anticipates slower net merchandise value growth this quarter. The company plans increased spending to acquire new users before the f...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Meesho Q1 Results: Loss narrows to Rs 133 crore; marketplace revenue rises 48%Meesho narrowed its June-quarter loss to Rs 133 crore as marketplace revenue surged 48% and user engagement strengthened. Better delivery c...
- Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
- Govt opens inventory-based e-commerce to foreign direct investment for exports onlyThe government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the e...
- Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennialsIndia's speciality tea market has tripled to ₹1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea pre...
- FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
- ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
- Sellers file anti-trust complaints against Flipkart with CCIFiled by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, ...
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