A Bulandshahr man who ordered an iPhone 14 Pro from Flipkart for Rs 1.43 lakh received a fake Chinese pho ...More

A Bulandshahr man who ordered an iPhone 14 Pro from Flipkart for Rs 1.43 lakh received a fake Chinese phone with a counterfeit Apple logo instead. After Flipkart rejected his return requests five times and his legal notice was returned undelivered, the Bulandshahr consumer commission ruled the company guilty of deficiency in service and unfair trade practice, ordering a full refund with interest plus compensation, taking his total recovery to about Rs 1.7 lakh. ...Less

The vertical is placed within Flipkart's main ecommerce app under 'Play' – which has a content-led shoppi ...More

The vertical is placed within Flipkart's main ecommerce app under 'Play' – which has a content-led shopping discovery platform ‘Explore’ and microdrama vertical ‘Drama’. The move is intended to attract users to the platform and boost engagement ahead of the upcoming festive season. ...Less

The Gridlock Hackathon second edition saw 33,600 registrations from students, developers and working prof ...More

The Gridlock Hackathon second edition saw 33,600 registrations from students, developers and working professionals across India, with participants developing more than 1,100 prototypes using anonymised, real-world traffic datasets. Participants worked on themes including congestion prediction, traffic violation detection, movement-pattern analysis, parking intelligence and mobility decision-making. ...Less

Flipkart and Amazon’s combined share of India’s ecommerce GMV has slipped from 73% in 2019 to 62% in 2025 ...More

Flipkart and Amazon’s combined share of India’s ecommerce GMV has slipped from 73% in 2019 to 62% in 2025, with quick commerce apps emerging as a growing challenger. GMV refers to the total monetary value of goods or services sold through an ecommerce site or online marketplace over a period of time, before accounting for discounts, expenses, or returns. ...Less

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business ...More

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business even as established players continue to deepen their networks. The 10 cities together account for 3,536 dark stores, according to CLSA's Quick Commerce Map, with Blinkit leading at 969 stores, followed by Zepto at 828, Flipkart Minutes at 627, Swiggy Instamart at 615 and BigBasket at 497. ...Less

Flipkart has introduced new penalties for sellers over despatch delays and order cancellations, ahead of ...More

Flipkart has introduced new penalties for sellers over despatch delays and order cancellations, ahead of the festive season. Sellers will pay Rs 30-60 per shipment for breaches, or Rs 90 if an order is delayed and then cancelled. Small brands and individual sellers are likely to face greater impact, executives said. ...Less

Online festive shopping is expected to reach a new high this year, with ecommerce marketplaces and retail ...More

Online festive shopping is expected to reach a new high this year, with ecommerce marketplaces and retailers seeing strong demand across categories. Quick commerce is also set to gain share as brands introduce festive-specific offerings, while platforms ramp up hiring, inventory and delivery capacity ahead of the festive season. ...Less

Apple's iPhone 17 series, including the Pro and Pro Max, has seen fresh price cuts across the UK, Europe ...More

Apple's iPhone 17 series, including the Pro and Pro Max, has seen fresh price cuts across the UK, Europe and Australia days before the September 9 event where the iPhone 18 Pro, Pro Max and a new foldable are expected to be unveiled. Forbes reports these discounts are retailer-driven rather than official Apple markdowns, with the Pro and Pro Max set to be discontinued once the new lineup launches. ...Less

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players ...More

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and in six top cities, with a strong presence outside major hubs. ...Less

The landscape of India's microdrama industry is evolving, shifting from an emphasis on acquiring users to ...More

The landscape of India's microdrama industry is evolving, shifting from an emphasis on acquiring users to nurturing and monetizing them. Currently, active paying users represent a small fraction of the total users. Analysts predict that the market will converge around a few dominant firms as they navigate global competition and find ways to lower production expenses. To thrive, platforms must prioritize user engagement and sustainable revenue streams. ...Less

According to a notice issued by Amazon India on its seller forum, the company has, with effect from Augus ...More

According to a notice issued by Amazon India on its seller forum, the company has, with effect from August 17, 2026, changed the manner in which it calculates order cancellation fees for sellers using its Easy Ship and Self Ship services. Flipkart, meanwhile, has put in place a three-tier penalty structure for lapses in order fulfilment, effective August 23, 2026. ...Less

Walmart expects Flipkart’s Big Billion Days sales event moving from Q3 to Q4 to weigh about 100 basis poi ...More

Walmart expects Flipkart’s Big Billion Days sales event moving from Q3 to Q4 to weigh about 100 basis points on growth next quarter. The company said India drove growth in Walmart International’s operating income and advertising revenue. Flipkart is also expanding its quick commerce arm, Minutes, which crossed 1,000 dark stores in June. ...Less

The Eternal-owned food delivery company is consolidating customer support operations at its Gurugram head ...More

The Eternal-owned food delivery company is consolidating customer support operations at its Gurugram head office. Zomato, which informed staffers about its plan to downsize the workforce on Monday, has also outsourced much of its customer care work to external partners. ...Less

In a significant regulatory move, the Maharashtra FDA has suspended food licenses for a Blinkit center an ...More

In a significant regulatory move, the Maharashtra FDA has suspended food licenses for a Blinkit center and two popular Mumbai restaurants after uncovering critical hygiene and safety failings. Inspections revealed food stored dangerously close to drains and a concerning presence of cockroaches. Furthermore, officials identified uncertified food handlers and visible burns, leading the administration to assure rigorous legal consequences for those jeopardizing consumer safety. ...Less

The transaction, which is also likely to see participation from Swish’s existing investors, is expected t ...More

The transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company at around $200 million, one of the persons said. Swish had last raised $38 million in March at a valuation of $120 million. The round was led by Bain Capital Ventures, with participation from existing investor Accel. ...Less

Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global index ...More

Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and control. The new foreign ownership constraints limit further investments. Swiggy is targeting robust adjusted EBITDA growth by FY31, even as it reported a net loss while revenues showed an uptick in Q1 FY27. ...Less

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and gr ...More

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and growing demand for premium gifts. Rakhi orders surged on Instamart, while jewellery, beauty and personal care, chocolates, electronics and gift hampers also saw strong demand. Smaller cities and non-traditional gifting categories gained traction this year. ...Less

The government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today' ...More

The government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today's ETtech Top 5. ...Less

The iPhone 17 Pro is currently listed on Flipkart for Rs 1,34,900. However, many buyers can take advantag ...More

The iPhone 17 Pro is currently listed on Flipkart for Rs 1,34,900. However, many buyers can take advantage of bank promotions, bringing the final price down to Rs 63,460. This impressive smartphone showcases an A19 Pro chipset and a stunning 6.3-inch OLED display. Photography enthusiasts will appreciate its triple 48MP rear camera setup and an 18MP front-facing camera for selfies. ...Less

Carrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This ...More

Carrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This time, the French retailer is betting on smaller stores, local products, private labels and eventually quick commerce—taking on Reliance, DMart, Blinkit and others with profitability, rather than scale alone, at the centre of its strategy. ...Less

Tata-owned retail chain Trent reported a 35% year-on-year jump in consumer complaints to over 300,000 in ...More

Tata-owned retail chain Trent reported a 35% year-on-year jump in consumer complaints to over 300,000 in FY26, which its latest annual report attributed to the growing online business. V-Mart Retail and Titan also reported increases of 14% and 9%, respectively, taking complaints at each company to more than 130,000. ...Less

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives ...More

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies like Tata Sons and HDFC Bank. This leadership churn indicates a period of transition for India Inc. Meanwhile, influential tech leaders are moving to AI companies like OpenAI. These shifts highlight evolving strategies and the increasing demand for AI expertise. ...Less

Former C-suite executive Julie Fedele has recalled unusual experiences from her 20-year corporate career, ...More

Former C-suite executive Julie Fedele has recalled unusual experiences from her 20-year corporate career, including being told to hire another nanny, securing a $50,000 raise after discovering a male colleague’s higher salary and refusing a private jet for a short meeting. She also described late-night work, bonus disputes, workplace confrontations and incidents involving senior executives, drawing mixed reactions online. ...Less

The ASUS Pad makes a comeback in India, showcasing a stunning premium display and a sleek, lightweight de ...More

The ASUS Pad makes a comeback in India, showcasing a stunning premium display and a sleek, lightweight design. Its outstanding OLED panel enhances your entertainment experience. Yet, the device is powered by a mid-range processor, which may restrict demanding creative tasks. ASUS hasn't provided clarity on future software updates. While it's excellent for binge-watching, competing devices bring more processing power to the table. ...Less

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles o ...More

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lower expenses. Employers are expanding incentives and EV-linked opportunities to attract delivery workers. Job postings for electric vehicle roles and fixed-pay positions have seen significant growth. This trend indicates a move towards more sustainable gig work as a livelihood. ...Less

Happy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This ...More

Happy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning Dispatch. ...Less

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive c ...More

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jury included Sachin Bansal, cofounder, Flipkart and Navi; Vijay Shekhar Sharma, founder and CEO, Paytm; Mukesh Bansal, cofounder, Myntra; Mithun Sacheti, cofounder, CaratLane; Nandita Sinha, CEO, Swiggy Instamart; Ajit Mohan, chief business officer, Snap Inc; Irina Ghose, MD, Anthropic India; Paras Chopra, founder, Wingify, Lossfunk; Abhiraj Singh Bhal, cofounder and CEO, Urban Company; and Aryaman Birla, director, Aditya Birla Group. ...Less

TILT is targeting India’s ‘Next Billion’- underserved, lower-income Indians who are gaining greater acces ...More

TILT is targeting India’s ‘Next Billion’- underserved, lower-income Indians who are gaining greater access to markets, technology and financial services. The fund is backed by the Livelihood Impact Fund, along with entrepreneurs and investors including Deep Kalra, founder of MakeMyTrip; Amit Gupta, founding partner at TPG NewQuest; Hari Menon, cofounder of BigBasket; Binny Bansal, cofounder of Flipkart; the Raj & Indra Nooyi Family Office; and Vidit Aatrey, cofounder and CEO of Meesho. ...Less

The iPhone 17 Pro Max 256GB can cost Rs 77,800 on Flipkart using an exchange offer and bank discount.Flip ...More

The iPhone 17 Pro Max 256GB can cost Rs 77,800 on Flipkart using an exchange offer and bank discount.Flipkart has listed the iPhone 17 Pro Max 256GB at Rs 1,47,900, with eligible buyers able to bring the effective price down to Rs 77,800 through an exchange offer and Flipkart Axis Bank Credit Card discount. The deal includes up to Rs 63,100 exchange value for an eligible iPhone 16 Pro Max, while the flagship features a 6.9-inch OLED display and triple 48MP cameras. ...Less

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policyba ...More

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Practo among its customers. ...Less

Happy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deepte ...More

Happy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deeptech. This and more in today’s ETtech Morning Dispatch. ...Less

FSSAI said several food companies, including Mondelez India and Amway India, have withdrawn or revised mi ...More

FSSAI said several food companies, including Mondelez India and Amway India, have withdrawn or revised misleading claims on product labels and advertisements after receiving notices from the regulator. Mondelez withdrew health and nutrient comparison claims from its products and removed related advertisements from e-commerce platforms. Sapiens Labs and Kerala-based Juza Foods also removed misleading claims. ...Less

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economi ...More

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economic Times Startup Awards. The awards recognise entrepreneurial excellence across categories including innovation, women-led ventures and social enterprise. The coveted Startup of the Year nominees include Porter, Skyroot Aerospace, Rapido, Meesho, Groww and Sarvam. ...Less

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. E ...More

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while late-stage investments have delivered mixed outcomes. As IPO lock-ins expire, public-market price discovery is showing which private valuations hold up and how investors are cashing out. ...Less

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for ...More

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

India’s food safety regulator FSSAI has issued over 150 notices to food and beverage companies over misle ...More

India’s food safety regulator FSSAI has issued over 150 notices to food and beverage companies over misleading advertisements, false claims and labelling violations. ...Less

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ri ...More

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ride-hailing platforms are altering street-level operations and traffic patterns. Informal services are transforming residential areas with app-mediated worker circulation. Existing zoning regulations struggle to keep pace with these rapid changes. New principles are needed to integrate gig work into urban planning. ...Less

The announced Prosus investment is smaller than the funding amount initially under discussion. The deal a ...More

The announced Prosus investment is smaller than the funding amount initially under discussion. The deal also builds on a longstanding association between Bansal and Prosus parent Naspers , which had even backed his first company, ecommerce giant Flipkart. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

FSSAI has issued more than 150 notices to food companies in recent months over misleading advertisements, ...More

FSSAI has issued more than 150 notices to food companies in recent months over misleading advertisements, false claims and labelling violations. ...Less

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru t ...More

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars in India’s startup galaxy. This and more in today’s ETtech Morning Dispatch. ...Less

The FSSAI has suspended Marche Retail's license for significant food safety violations. SDP Industries is ...More

The FSSAI has suspended Marche Retail's license for significant food safety violations. SDP Industries is now prohibited from selling all ghee variants due to adulteration concerns. The regulator also issued over 150 notices to major food companies recently. These notices addressed misleading advertisements and labeling non-compliances by prominent brands. ...Less

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA) ...More

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor. ...Less

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Ga ...More

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief technology officer (CTO). Saurav Goyal has been appointed chief operating officer (COO) of food marketplace Swiggy. ...Less

This year's Independence Day sales have brought impressive growth for brands and retailers, with value sa ...More

This year's Independence Day sales have brought impressive growth for brands and retailers, with value sales soaring by up to 25% and volume sales increasing by 5-7%. Such encouraging figures foreshadow a vibrant festive consumption period ahead. Major players like Reliance Retail and Lifestyle have documented remarkable sales performance, while online platforms have also witnessed demand surpassing expectations across diverse product categories. ...Less

Most of the revenue of Amazon Seller Services is from third-party seller services, subscriptions (includi ...More

Most of the revenue of Amazon Seller Services is from third-party seller services, subscriptions (including Amazon Prime), and other marketplace-related services like advertising and marketing support to affiliates. It also earns royalty revenue from licensing digital content to related parties. ...Less

Former Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as hea ...More

Former Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as head of operations. He will lead operations, strengthen execution and build scalable systems as Snabbit expands into beauty services and home cooks. Yadav succeeds Vikas Choudhary, who will lead new business and innovation initiatives. ...Less

Smartphone prices are increasing due to higher component costs for manufacturers. Several brands like Rea ...More

Smartphone prices are increasing due to higher component costs for manufacturers. Several brands like Realme and Samsung have already raised prices on select models. Consumers are becoming more cautious about spending and waiting for discounts. Sales have remained below previous levels, with promotions offering temporary relief. ...Less

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This ...More

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potentially improve margins and gain greater control. The quick-commerce unit aims to catch up with market leader Blinkit in this competitive sector. This shift requires higher working capital for inventory purchases and stock management. Instamart's transition is part of Swiggy's broader strategy for profitability. ...Less

Shiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-comm ...More

Shiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-commerce infrastructure. As rapid D2C expansion, SMB digitization, and quick commerce transform Tier-2 and Tier-3 markets, Shiprocket’s neutral API aggregation model unifies a fragmented logistics ecosystem. Beyond core shipping aggregation, the platform's long-term growth is powered by expanding merchant fulfillment, payments, and checkout workflows. ...Less

AI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back ...More

AI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swathi Moorthy ...Less

Brands are launching festive, event-specific products on quick commerce platforms as shoppers increasingl ...More

Brands are launching festive, event-specific products on quick commerce platforms as shoppers increasingly turn to rapid delivery for gifting. From rakhis and premium chocolates to jewellery, beauty products and traditional wear, brands are tailoring offerings to specific occasions and micro-markets. D2C brands are also reporting a sharp rise in festive demand. ...Less

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...More

Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026. ...Less

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also fe ...More

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also featured prominently on the list of e-commerce platforms. The National Consumer Helpline facilitated over 91 crore in refunds to consumers. Non-delivery of products constituted the largest category of complaints filed. The government has taken steps to address unfair trade practices in e-commerce. ...Less

Quick commerce firms are engaging with manufacturers to boost sales of large appliances. Established e-co ...More

Quick commerce firms are engaging with manufacturers to boost sales of large appliances. Established e-commerce players are also striving for quicker delivery options. Some businesses are considering models that utilize manufacturer warehouses alongside retail locations. This strategic move is intended to elevate average order values and enhance profit margins, reflecting the evolving consumer demand for speedy delivery across various categories. ...Less

Walmart's advertising business, Walmart Connect, is experiencing rapid growth. This segment significantly ...More

Walmart's advertising business, Walmart Connect, is experiencing rapid growth. This segment significantly supports profits as same-store sales growth moderates. Walmart Connect uses shopper data to help brands target consumers effectively. Artificial intelligence presents a new avenue for future advertising expansion. The company's acquisition of Vizio further broadens its advertising reach. ...Less

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who ...More

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who have built and scaled some of India’s best-known new economy companies — in ecommerce, fintech and software products — weathered multiple cycles and successfully exited their businesses. ...Less

Navi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra ...More

Navi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorgan advising. The fintech firm seeks a valuation of up to $2 billion and plans to file by December. The offering is expected to comprise only a primary share sale. ...Less

A weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and mor ...More

A weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5. ...Less

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). ...More

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we are announcing the nominees for the Best on Campus and Comeback Kid categories for you today. ...Less

iPhone 17 Price Drop to rs 32,885: Grab the chance to purchase the Apple iPhone 17 at a special price dur ...More

iPhone 17 Price Drop to rs 32,885: Grab the chance to purchase the Apple iPhone 17 at a special price during the Flipkart Freedom Sale. This stunning smartphone showcases a 6.3-inch OLED display driven by Apple's advanced A19 chip. You can enhance your savings further by trading in your iPhone 15 Pro. Additionally, bank credit card cashback offers amplify your discount. Easy EMI plans begin at a budget-friendly monthly rate. ...Less

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for ...More

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom. ...Less

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered ...More

The Economic Times Startup Awards (ETSA) is back for a 12th edition. Today, we announce the high-powered jury and nominations for two categories, Bootstrap Champ and Top Innovator. ...Less

Honasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue gre ...More

Honasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue grew 27% to ₹756 crore and EBITDA jumped 141% to ₹110 crore. ...Less

The Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims ...More

The Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies scale to $1-2 billion-plus businesses. Portfolio companies such as Zetwerk, Infra.Market, Acko, Curefit, and Spinny are among those in the pipeline to go public over the next year. ...Less

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate pla ...More

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conducted by social media app Snapchat and market research firm GWI. The research, titled ‘Unlocking India's Gen Z Shopping Circles’ was conducted in June with 1,000 participants between the age group of 16-27. ...Less

Flipkart's much-anticipated Freedom Sale kicks off on August 7th, showcasing an exciting lineup of four n ...More

Flipkart's much-anticipated Freedom Sale kicks off on August 7th, showcasing an exciting lineup of four new tablets. Among these, the Asus Pad stands out with its vibrant OLED display, enhancing your viewing pleasure. The HP OmniPad 12 offers versatility, easily shifting between tablet and desktop functions. Huawei returns with a duo of tablets designed to meet varying consumer preferences and budgets. ...Less

This compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage v ...More

This compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus of Rs 700 crore. ...Less

Aditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusiv ...More

Aditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is seeing a growing pool of Indian founders willing to take on harder, more ambitious problems across aerospace, semiconductors, biotech, defence, energy, and physical AI. ...Less

Food safety inspectors have conducted thorough checks on quick commerce locations in Karnataka and Mahara ...More

Food safety inspectors have conducted thorough checks on quick commerce locations in Karnataka and Maharashtra, revealing violations related to hygiene, storage practices, and labeling standards at both Zepto and Blinkit. The latest actions follow in the wake of quick commerce firms expanding their dark store network to drive growth, improve customer reach, and enable faster deliveries. ...Less

The new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s tran ...More

The new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s transformation hinges on hefty investments and a defined route to profitability. Meanwhile, the semiconductor initiative from Tata Electronics calls for both time and sustained financial support. The third big issue involves Tata Digital’s road-ahead. ...Less

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day ...More

Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boosting purchases, according to analysts. Ecommerce majors Amazon and Flipkart started their Independence Day sale events last Friday. For the platforms, demand during the period is usually driven by Raksha Bandhan gifting purchases. This year, Raksha Bandhan comes around a fortnight after the sale events end. ...Less

FSSAI has banned plastic-based packaging for pan masala under new regulations. These rules, effective fro ...More

FSSAI has banned plastic-based packaging for pan masala under new regulations. These rules, effective from their publication, mandate paper or naturally derived materials. Tin and glass containers are also permitted packaging options for the product. This amendment aligns with broader FSSAI efforts to enhance food safety compliance nationwide. The regulator has also issued notices to several food brands and delivery platforms. ...Less

The Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It h ...More

The Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's repurchase of unexercised vested stock options are taxable as long-term capital gains, providing clarity on the tax treatment of ESOP buyback transactions. ...Less

AP EAMCET 2026 Round 1 seat allotment results are scheduled for release today, August 9. Candidates can c ...More

AP EAMCET 2026 Round 1 seat allotment results are scheduled for release today, August 9. Candidates can check their allotment status online using their hall ticket and registration details. Those who receive seats must complete self-reporting and college reporting by August 15. The web options entry process concluded on August 3, with results expected after 6 PM. PWD candidates have a final reporting deadline of August 15. ...Less

Clean your kitchen chimney filters with a simple aluminum foil trick. By crumpling the foil, you can easi ...More

Clean your kitchen chimney filters with a simple aluminum foil trick. By crumpling the foil, you can easily scrub away layers of grease, especially when paired with warm soapy water to loosen the buildup. Make sure your filters are uncoated metal and unplug the unit before getting to work. This econotechnique can help keep your chimney running smoothly and efficiently. ...Less

Bajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valua ...More

Bajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up from $200-210 million previously, sources said. The fundraise comes at a time when energy transition, the larger umbrella under which EV falls, has emerged as one of the fastest-growing themes within India’s deeptech venture ecosystem. ...Less

Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard ...More

Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard to scale and incurred high cash burn, according to experts. ETtech explains the strategy behind this business model. ...Less

Consumer demand in India is expected to strengthen during the upcoming festive season. Companies face ris ...More

Consumer demand in India is expected to strengthen during the upcoming festive season. Companies face rising input costs and intense competition from quick-commerce platforms. Improving purchasing power supports this positive outlook for consumer spending. However, businesses must adapt to premiumization and digital shifts in consumption. Sustained growth hinges on margin protection and faster innovation strategies. ...Less

The iPhone 17 is listed at Rs 81,900 on Flipkart, with an exchange offer potentially bringing the effecti ...More

The iPhone 17 is listed at Rs 81,900 on Flipkart, with an exchange offer potentially bringing the effective price to Rs 32,585. ...Less

Quick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive se ...More

Quick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increased product availability and consumer preference for instant deliveries. Tech-savvy individuals are particularly sought after for specialized operational roles. Staffing firms project around one hundred thousand temporary jobs, with some estimates reaching three hundred thousand. Wages are expected to rise between twelve and twenty-two percent based on work location. ...Less

Happy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETt ...More

Happy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch. ...Less

Flipkart Plus members can now get a Netflix Mobile Plan. This offer rewards shoppers who place four eligi ...More

Flipkart Plus members can now get a Netflix Mobile Plan. This offer rewards shoppers who place four eligible orders on Flipkart platforms. Eligible customers will unlock a 30-day Netflix subscription at no extra cost. This partnership integrates shopping behavior with entertainment access for consumers. It marks India's first e-commerce and streaming platform collaboration. ...Less

Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. T ...More

Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Morning Dispatch. ...Less

The Income Tax Appellate Tribunal determined that employee stock options are not considered part of salar ...More

The Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. Any gains from the repurchase of options, which have not yet been exercised, are to be taxed as long-term capital gains. This case revolved around a Flipkart executive who received ₹2.33 crore from repurchased stock options, affirming that the options are treated as capital assets. ...Less

Flipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering re ...More

Flipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering restaurant commissions of up to eleven percent. These proposed rates are significantly lower than current market offerings. Flipkart will pilot faster and regular delivery options during this initial phase. The service aims to expand to five major metros after learning from the pilot. ...Less

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical ...More

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations. ...Less

E-commerce and streaming platforms are merging to boost customer loyalty and transactions. Flipkart and N ...More

E-commerce and streaming platforms are merging to boost customer loyalty and transactions. Flipkart and Netflix launched India's first e-commerce and streaming platform partnership. Eligible Flipkart Plus members receive a Netflix Mobile Plan after qualifying purchases. This initiative rewards loyal shoppers and increases platform engagement. This trend signals a shift towards engagement-led ecosystems in India. ...Less

New players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato ...More

New players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower restaurant commissions. Swiggy launched Toing, while Zomato uses Blinkit's Bistro for affordable food. Both aim to expand the market by attracting price-sensitive customers. Industry watchers question the long-term impact on market expansion. ...Less

Indian manufacturers are airlifting components to ensure festive season production continuity. Sea freigh ...More

Indian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making ocean shipping unreliable for these companies. Air freight costs are significantly higher, but timely supplies are crucial for demand. Companies are absorbing some increased costs to avoid impacting sales recovery. Logistics partners are exploring innovative routes to manage ongoing disruptions. ...Less

AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETte ...More

AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5. ...Less

Happy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new produ ...More

Happy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new products. This and more in today’s ETtech Morning Dispatch. ...Less

Flipkart and Netflix have partnered to offer a free monthly Netflix Mobile Plan. This benefit is availabl ...More

Flipkart and Netflix have partnered to offer a free monthly Netflix Mobile Plan. This benefit is available to Flipkart Plus members completing four qualifying orders. The new loyalty program begins on August 1st and requires monthly re-earning. Customers not yet Plus members can become eligible through consistent shopping habits. This collaboration marks Netflix's first e-commerce partnership in India. ...Less

Among the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into ...More

Among the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into promotional and discount campaigns instead of being enrolled by default. The platform also agreed to seek explicit consent through email or OTP before enrolling restaurants in promotional programmes. ...Less

The AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengt ...More

The AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengthen its go-to market initiatives, and accelerate adoption across India's largest consumer brands. The company said its AI agents help brands manage pricing, advertising, inventory and marketplace operations by analysing real-time marketplace data and autonomously executing decisions. ...Less

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This ...More

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sellers and offer affordable products to consumers. Lower commissions reduce operating costs for merchants, enabling competitive pricing for buyers. Online shopping is rapidly growing in tier two and smaller markets across India. This shift focuses on capturing new customers from non-metro regions for future growth. ...Less

In a bold move to strengthen its ties with Indian creativity, Netflix launched its India Storytelling Ini ...More

In a bold move to strengthen its ties with Indian creativity, Netflix launched its India Storytelling Initiative designed to cultivate fresh storytelling talent. This program focuses on equipping aspiring creators with vital skills through strategic partnerships with organizations like IICT and NFDC. The initiative reflects Netflix's commitment to enhancing India's cultural landscape and investing in the nation's burgeoning creative economy. ...Less

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across ...More

Typsy Beauty secured twenty crore rupees in a funding round. This capital will expand its presence across quick commerce and offline retail. The brand will also launch hybrid skincare-makeup products and grow its fragrance line. Typsy Beauty aims to offer international quality makeup at accessible Indian prices. The company plans to introduce over ten new products in coming months. ...Less