Over the past few weeks, much has been written about former employees of the online commerce company writ ...More

Over the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for liquidity on the stock options they were granted 10 to 15 years ago. On October 1, at least eight former senior executives, among them former Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, wrote to Walmart chairman Gregory Penner, other board members and Flipkart Group CEO Kalyan Krishnamurthy, seeking a complete exit for all former employees holding vested options. ...Less

Established in 2007, the Flipkart Group includes Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and sup ...More

Established in 2007, the Flipkart Group includes Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. With a registered user base of more than 500 million, Flipkart's marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. ...Less

The company has started onboarding brands offering healthier, toxin-free, and sustainable products across ...More

The company has started onboarding brands offering healthier, toxin-free, and sustainable products across beauty and personal care (BPC), snacks and beverages, home decor, fashion, appliances, and other categories, people familiar with the development told ET. ...Less

Anthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5. ...More

Anthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5. ...Less

India's 2026 festive ecommerce season has initiated with strong performance from online retail platforms. ...More

India's 2026 festive ecommerce season has initiated with strong performance from online retail platforms. Flipkart saw a significant increase in daily active users during its Big Billion Days sale. Non-metro shoppers contributed greatly to this demand, accounting for about 60 percent of total activity. Myntra retained its position as the largest fashion platform, experiencing notable increases in user engagement. ...Less

A 26-year-old Flipkart delivery agent in Gujarat was arrested after Bhavnagar police recovered goods wort ...More

A 26-year-old Flipkart delivery agent in Gujarat was arrested after Bhavnagar police recovered goods worth Rs 4.60 lakh, including 13 mobile phones, Apple AirPods, watches and perfumes. Police allege he stole customer parcels in Surat around 15 days earlier and was caught selling the products without bills. ...Less

Happy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’ ...More

Happy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch. ...Less

In its third-quarter shareholder letter dated October 20, Netflix said revenue in India grew about 18% ye ...More

In its third-quarter shareholder letter dated October 20, Netflix said revenue in India grew about 18% year on year on a foreign-exchange-neutral basis. View hours in India rose 24%, while view hours per member grew in the low-to-mid single digits. The company credited a slate led by “Lock Upp,” its first daily reality series, along with the scripted show “Musafir Cafe” and “Operation Safed Sagar.” ...Less

Former executives asked Flipkart parent Walmart to delink their liquidity from the Bengaluru-based ecomme ...More

Former executives asked Flipkart parent Walmart to delink their liquidity from the Bengaluru-based ecommerce company’s proposed initial public offering, according to people aware of the development. They raised the demand in a fresh email sent earlier this week to the US retail major’s board, the people said. ...Less

Flipkart Internet achieved an 18% increase in revenue to Rs 1,45,880 crore in FY26. The company's net los ...More

Flipkart Internet achieved an 18% increase in revenue to Rs 1,45,880 crore in FY26. The company's net loss decreased by Rs 178 crore to Rs 8,468 crore during the same period. Gross margins expanded by 23% year-on-year, indicating improved unit economics for the company. Adjusted operating losses reduced by about Rs 1,600 crore, and the operating margin improved by 230 basis points. ...Less

Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This a ...More

Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning Dispatch. ...Less

The first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% Y ...More

The first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers increased by about 60% YoY. ...Less

E-commerce platforms in India are leveraging video content to enhance product discovery and customer enga ...More

E-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide a new shopping experience, combining entertainment with direct purchasing options. Consumers in tier 2 cities are particularly benefiting from this innovative approach to shopping. Companies like Amazon, Flipkart, and Myntra are adopting these technologies to boost sales. This shift may result in a significant increase in online shoppers in the coming years. ...Less

Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in opera ...More

Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore in fiscal 2026. Its net loss stood at Rs 389.9 crore, down 3.4% from Rs 408 crore in FY25. ...Less

Consumer-facing UPI apps such as Super.money spend heavily on marketing to acquire customers before monet ...More

Consumer-facing UPI apps such as Super.money spend heavily on marketing to acquire customers before monetising them through credit and commerce. The company’s total income rose to Rs 293.3 crore from Rs 94 crore in FY25, while expenses more than doubled to Rs 557.1 crore, filings with the Ministry of Corporate Affairs (MCA) showed. ...Less

Flipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top ...More

Flipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top 5. ...Less

The Food Safety and Standards Authority of India issued notices to three companies for misleading health ...More

The Food Safety and Standards Authority of India issued notices to three companies for misleading health claims. Gemini Edibles & Fats India, as well as e-commerce platforms BigBasket and Flipkart India, were implicated. The claims regarding cholesterol and health benefits of rice bran oil do not comply with regulations. Furthermore, Gemini was found to lack a valid license for e-commerce activities. ...Less

Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cas ...More

Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cashback offers. But before choosing a card, analyse fees, rewards, and conditions on cashback. Check these 7 credit cards that are offering up to 10% cashback on online shopping, among other offers. These cards also have a low joining fee and one of them is lifetime free. ...Less

Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership chang ...More

Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha departed after four years at the helm. Sinha was replaced by Sharon Pais, who took over as the head of Myntra in April this year. ...Less

The potential funding follows a sharp expansion of Eloelo's micro-drama business, Story TV, which has hel ...More

The potential funding follows a sharp expansion of Eloelo's micro-drama business, Story TV, which has helped lift annualised collections more than tenfold to around $250 million over the past year. The Bengaluru-based company has used aggressive performance marketing to scale up Story TV, which offers short, vertically filmed fiction across genres such as romance and thrillers, the people said. ...Less

Myntra Designs recorded a revenue of Rs 5,242.5 crore from operations in FY26, even as logistics revenues ...More

Myntra Designs recorded a revenue of Rs 5,242.5 crore from operations in FY26, even as logistics revenues declined. The advertising sector flourished, generating Rs 1,236.4 crore, thereby positively impacting operational income. ...Less

In the third quarter of this year, India saw a staggering 20% drop in smartphone shipments, largely due t ...More

In the third quarter of this year, India saw a staggering 20% drop in smartphone shipments, largely due to rising memory costs impacting overall device pricing and consumer desire. Notably, the mass-market segment, particularly phones under Rs 20,000, witnessed a 47% decline. The sluggish demand was evident during the festive sales, with ecommerce platforms recording lower figures. ...Less

On October 10, a group of former executives launched a petition aiming to bring together 20,000-30,000 fo ...More

On October 10, a group of former executives launched a petition aiming to bring together 20,000-30,000 former employees of Flipkart and its group companies, including Myntra, Cleartrip, Shopsy, Super Money and ANS Commerce. The petition calls for their inclusion in the planned $2 billion Esop buyback. ...Less

Executives attributed the slowdown to sluggish demand for premium electronics, including smartphones, hom ...More

Executives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as prices of these products have risen 30-40% in the past few months. Smartphones and electronics, which account for more than half of GMV during festive sale events for some platforms, have been hit by price increases, an executive said. ...Less

Happy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and ...More

Happy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Dispatch. ...Less

Cleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, tr ...More

Cleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining share. The Flipkart-owned platform reported 40% overall growth in January-June 2026, while its chief growth officer flagged subdued travel demand, higher airfares and a 30-40% rise in road-based travel activity. ...Less

Zetwerk’s Rs 5,012-crore IPO was subscribed 3.06 times on Monday, the last day for bids. This and more in ...More

Zetwerk’s Rs 5,012-crore IPO was subscribed 3.06 times on Monday, the last day for bids. This and more in today’s ETtech Top 5. ...Less

The government has initiated a reassessment of long-term capital gains tax and securities transaction tax ...More

The government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investors and tax experts, have been consulted for their views. The debate has gained momentum due to significant outflows of foreign portfolio investments. Current taxation methods may affect the attractiveness of Indian equities compared to global markets. The upcoming budget provides an opportunity to revisit these tax regulations. ...Less

While Blinkit is not looking to significantly expand its private label business, rival Instamart sees roo ...More

While Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private label brand Noice, its recently launched curated fruits and vegetables proposition Nectr, and its brand partnership initiative Switch. ...Less

India's Food Safety and Standards Authority of India has issued over 150 notices to various food and beve ...More

India's Food Safety and Standards Authority of India has issued over 150 notices to various food and beverage companies. These notices address misleading advertisements, false claims, and labeling violations concerning multiple products. Regulatory actions involve well-known brands like ITC, AWL Agri Business, Dabur, and Hindustan Unilever. Additionally, serious food-safety violations have been flagged against companies like Priyagold and Dodla Dairy. ...Less

A Delhi consumer commission has held Flipkart guilty of deficiency in service and unfair trade practice a ...More

A Delhi consumer commission has held Flipkart guilty of deficiency in service and unfair trade practice after a customer received bars of soap instead of a Realme Narzo 50A smartphone worth Rs 10,574. The commission directed Flipkart to refund the purchase price with 7% annual interest and pay Rs 5,000 as compensation for mental harassment and Rs 5,000 towards litigation expenses. The company has been given 60 days to comply with the order. ...Less

Netflix reported an 18% year-on-year revenue growth in India during the July-September quarter of 2026. V ...More

Netflix reported an 18% year-on-year revenue growth in India during the July-September quarter of 2026. Viewing hours increased by 24%, while paid net additions reached a quarterly record amid successful content offerings. The company noted that its reality series Lock Upp drove unprecedented viewing hours, helping to achieve significant subscriber growth. Globally, Netflix also experienced revenue growth of 11.8% in the same quarter. ...Less

CashKaro data from six days of festive sales shows GMV up about 18x over a comparable regular period. Sma ...More

CashKaro data from six days of festive sales shows GMV up about 18x over a comparable regular period. Small cities, Telegram groups and smart shoppers stacking savings helped drive the surge, as fashion and electronics outpaced mobiles. ...Less

Zetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more i ...More

Zetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5. ...Less

The AI-hiring startup plans to use the money for AI infrastructure, product development and sales and mar ...More

The AI-hiring startup plans to use the money for AI infrastructure, product development and sales and market expansion, targeting businesses that need to recruit and manage large workforces across locations and languages. ...Less

Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring mem ...More

Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking demand. Domestic brands captured 7% of shipments in the September quarter, their highest share in nearly eight years. Government incentives and India's manufacturing expansion offer a boost, but technology, distribution, after-sales service and customer loyalty remain critical to sustained growth. ...Less

iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max offer prices: Flipkart and Reliance Digital are selling iPhon ...More

iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max offer prices: Flipkart and Reliance Digital are selling iPhones at lower festive prices, but the lowest figures depend on exchange value and bank offers. Launch prices, listed prices and effective prices are set out side by side so buyers can see what they will actually pay. Amazon has not announced a separate iPhone price. ...Less

Festival consumption in India is facing challenges due to rising input costs and cautious spending patter ...More

Festival consumption in India is facing challenges due to rising input costs and cautious spending patterns. Companies are experiencing pressures on their profit margins as consumers become more selective and trade down. Credit costs are increasing, impacting overall consumption and household debt levels. Retail lending is focusing on small-ticket items in semi-urban areas amidst rising inflation. It may be wise to reconsider spending on luxuries this festival season. ...Less

Industry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile ...More

Industry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile phone purchases following price hikes, the absence of the GST cut-led demand boost seen last year, and a growing share of seasonal spending shifting to quick commerce. ...Less

At a time when climate change is impacting world resources, including the aquatic system, Jalpaiguri’s Es ...More

At a time when climate change is impacting world resources, including the aquatic system, Jalpaiguri’s Essential Aquatech is working to empower smallholder fish farmers by turning data into actionable insights and measures. ...Less

Vivo's latest launch, the V80, is tailored for both photography lovers and general smartphone users, boas ...More

Vivo's latest launch, the V80, is tailored for both photography lovers and general smartphone users, boasting a robust design, extended battery life, and a stunning AMOLED display ideal for media consumption. However, while it handles daily operations adequately, we would have preferred a more powerful processor ...Less

FIR has been filed against officials of Reliance Consumer Products and Zomato Hyperpure. This action foll ...More

FIR has been filed against officials of Reliance Consumer Products and Zomato Hyperpure. This action follows food stock seizures worth Rs 48 lakh for expired products during an FDA crackdown. The authorities conducted operations across Thane and Pune, uncovering the diversion of expired food through various agencies. Multiple individuals from involved companies were named in the FIR under food safety regulations. ...Less

As households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets si ...More

As households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for essential items like vegetables and sweets are leading to reduced discretionary spending. E-commerce platforms have seen lower sales compared to last year, indicating a shift in consumer behaviour. ...Less

Amazon and Flipkart are set to begin their festive sales featuring various smartphone discounts. Smartpho ...More

Amazon and Flipkart are set to begin their festive sales featuring various smartphone discounts. Smartphones such as Apple iPhone 16 and Samsung Galaxy S25 Ultra will have significant price reductions. Both platforms are offering additional bank card discounts to encourage purchases during the sales. The events are expected to attract numerous buyers looking for affordable technology. These sales aim to enhance the upcoming festive shopping experience through attractive offers. ...Less

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. Th ...More

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company's plans for an initial public offering have been postponed again. Recent leadership changes at Flipkart have highlighted ongoing tensions between former executives and current management. The signatories argue that those who contributed to Flipkart's success deserve liquidity opportunities. ...Less

Happy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today ...More

Happy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today’s ETtech Morning Dispatch. ...Less

Players like Amazon and Flipkart are using their quick commerce arms for sales and increasing their salie ...More

Players like Amazon and Flipkart are using their quick commerce arms for sales and increasing their salience on the platform, which saw 4 to 5 times higher GMV than the BAU daily average. ...Less

India's budget smartphone market is opening up for local brands as global companies reduce their presence ...More

India's budget smartphone market is opening up for local brands as global companies reduce their presence. Rising memory chip prices have significantly impacted entry-level smartphone production costs. Homegrown companies Ai+ and Lava are gaining traction in this competitive segment. Micromax plans to re-enter the smartphone market by evaluating various strategies. Brands aim to leverage the government's financial incentives under the Mobile Phone Manufacturing Scheme to succeed. ...Less

Workday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit tha ...More

Workday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit that AI will not lead to jobs moving out of the US or first-world countries, but may do the opposite. ...Less

The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EM ...More

The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the interest amount so that the sum of all the EMIs adds up to the price you would pay upfront. However, interest still exists, and interest attracts GST. So, among A, B, and C, who would end up saving the most? Find out here. ...Less

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the cit ...More

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said. ...Less

Myntra is seeing over 30% growth in orders and customers this year as Gen Z accounts for half its custome ...More

Myntra is seeing over 30% growth in orders and customers this year as Gen Z accounts for half its customer base. Head of Myntra Sharon Pais says fashion spending is becoming essential for young consumers, while festive average order values rose 10–12%. The platform is gaining traction with direct-to-consumer brands and expanding rapid delivery through M Now and a new store-linked pilot. ...Less

Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech T ...More

Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5. ...Less

An influential Hindu nationalist group close to India's ruling party urged the government on Tuesday to b ...More

An influential Hindu nationalist group close to India's ruling party urged the government on Tuesday to block Elon Musk's Starlink from launching satellite internet services in the country, citing national security concerns. ...Less

India's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data ...More

India's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data indicates a 16% year-on-year drop in unit sales, influenced by affordability challenges. Retailers are reporting similar downturns, estimating a 20% decline since the start of Navratri. While premium smartphones remain steady in sales, entry-level models are suffering significant losses. ...Less

Online sales of big appliances are growing at 25% as the festive sales begin. The Kagan 2026 Asia-Pacific ...More

Online sales of big appliances are growing at 25% as the festive sales begin. The Kagan 2026 Asia-Pacific Consumer Insights survey by S&P Global Market Intelligence, conducted in June 2026 among 1,000 internet adults each in China, South Korea and India, shows that most Indian respondents still primarily make retail purchases from stores. ...Less

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. T ...More

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

Meesho shares rallied as much as 5% after the company reported a 75% year-on-year jump in Day 1 orders du ...More

Meesho shares rallied as much as 5% after the company reported a 75% year-on-year jump in Day 1 orders during its Mega Blockbuster Sale 2026. Orders on Meesho Mall surged over 200%, while creator-led commerce grew 3.7 times. Meanwhile, Nomura initiated coverage with a Reduce rating, citing rising competition, while UBS raised its target price by 24% to Rs 260. ...Less

The Food Safety and Standards Authority of India has sent notices to multiple firms, such as Dr Reddy's a ...More

The Food Safety and Standards Authority of India has sent notices to multiple firms, such as Dr Reddy's and Nestle Health Science, regarding dubious product claims. The FSSAI pointed out potentially misleading information related to muscle strength, immunity boosting, and energy metabolism. This can mislead consumers about true health benefits. The implicated companies are mandated to justify their claims and may encounter future sanctions. ...Less

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influ ...More

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influencer Veeramani after followers began sending unwanted cash-on-delivery orders to his home. Deliveries reportedly included expensive electronics and food, prompting him to post an emotional appeal asking people to stop. Neighbours later said he had left his residence after repeated visits by delivery personnel. ...Less

E-commerce companies in India sold about Rs 24,000 crore in the first two days of festive sales. Mobile p ...More

E-commerce companies in India sold about Rs 24,000 crore in the first two days of festive sales. Mobile phones accounted for the largest share of sales, representing nearly 40 percent of total revenue. Fashion and electronics also saw significant growth, with contributions from Tier 2 cities and rural shoppers. Approximately 60-65 million shoppers participated in these initial sales, with first-time shoppers noticeably increasing. ...Less

Consumers are maintaining festive spending but are focusing on value and utility as shopping habits evolv ...More

Consumers are maintaining festive spending but are focusing on value and utility as shopping habits evolve. Clothing remains the top category, while online sales are increasing, particularly among tier-2 and tier-3 cities. However, there is caution in purchasing patterns for high-priced items like jewellery and gold. Demand for groceries and fast-moving consumer goods is expected to grow during the festive season. ...Less

The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store n ...More

The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store network to 30 from the current eight and double its investments to Rs 21,000 crore. IKEA, which is recording double-digit sales growth in India, expects to become profitable by 2027-28 if global conditions stabilise, IKEA India CEO Patrik Antoni said. ...Less

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he ...More

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he said. While platforms often mention a product's shelf life, consumers may not know the actual expiry date or batch number of products before placing an order. The government has been examining complaints accusing quick commerce platforms such as Blinkit, Zepto and Swiggy Instamart of failing to display product information, including expiry, best-before and use-by dates. ...Less

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The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for ...More

The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now reevaluating their product claims and formulations as they face regulatory pressure. This heightened scrutiny could lead to rising operational costs and may require pricing changes for consumers. The increased compliance standards will likely benefit organized companies while posing significant challenges for smaller, unregulated businesses over time. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecos ...More

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecosystem that has moved beyond the race for scale to pursue technological depth, durable businesses and international markets. ...Less

The iPhone 17 Pro 256GB is available on Flipkart at an effective price of Rs 80,143 when the maximum exch ...More

The iPhone 17 Pro 256GB is available on Flipkart at an effective price of Rs 80,143 when the maximum exchange value and applicable bank discount are combined. The phone is listed at Rs 1,34,900, while buyers exchanging an eligible iPhone 15 Pro can get up to Rs 50,750 off. An additional Rs 4,000 bank offer further reduces the effective price. ...Less

The Food Safety and Standards Authority of India (FSSAI) said the product was advertised as providing hig ...More

The Food Safety and Standards Authority of India (FSSAI) said the product was advertised as providing high-protein support for preserving lean muscle during GLP-1/GIP therapies, commonly used in weight-loss treatment. ...Less

HP has launched the OmniPad 12, an ideal choice for students and professionals alike, offering a detachab ...More

HP has launched the OmniPad 12, an ideal choice for students and professionals alike, offering a detachable keyboard and a sleek, clean Android interface. This tablet features a stunning 12-inch 2K display paired with a quad-speaker system, greatly enhancing the multimedia experience. With a remarkable battery life of up to two days, it’s perfect for users constantly on the move, though it doesn't standout in any specific area. ...Less

From spotting trends before they become popular and predicting what consumers are likely to buy to person ...More

From spotting trends before they become popular and predicting what consumers are likely to buy to personalising recommendations – AI is doing a bulk of the work behind the scenes. ...Less

As India's digital ecosystem experiences rapid transformation, it is imperative to enhance support for th ...More

As India's digital ecosystem experiences rapid transformation, it is imperative to enhance support for the growing presence of AI agents in business and services. By tackling the obstacles within the navigational framework, costs for these agents can be significantly lowered. Revamping e-commerce catalogs and improving data availability will optimize purchase processes. ...Less

Founded in September 2025 by Aman Mittal, a former executive at Flipkart and Pine Labs, and Shavir Bansal ...More

Founded in September 2025 by Aman Mittal, a former executive at Flipkart and Pine Labs, and Shavir Bansal, who started personal finance content platform Bekifaayati, Zomint is targeting young millennials whose investable corpus is below the threshold typically served by traditional wealth management firms. ...Less

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which wil ...More

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem. ...Less

During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the ...More

During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the first few days. However, as rising input costs and inflation exert pressure, companies are anticipated to swiftly pull back on deeper discounts. While popular items such as smartphones, televisions, and laptops will see comparatively moderate price reductions this season, the availability and duration of these discounts will be affected by limited stock. ...Less

Meesho shares rose after strong growth in its Content Commerce business, with NMV increasing 152% year-on ...More

Meesho shares rose after strong growth in its Content Commerce business, with NMV increasing 152% year-on-year. Brokerages remain divided, with UBS and Jefferies positive on the stock, while Nomura has a Reduce call. ...Less

India's B2B apparel market is growing rapidly, reaching $2.1 billion and more than doubling in recent yea ...More

India's B2B apparel market is growing rapidly, reaching $2.1 billion and more than doubling in recent years. Companies now seek smart uniforms for their employees to project a brand image and ensure safety. The gig economy is creating new demand for uniforms as delivery workers and service professionals become increasingly visible. The overall apparel industry is also expected to grow significantly, reaching $146 billion by 2029. ...Less

Prosus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and cred ...More

Prosus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Interface (UPI) payments and is looking to raise around $40 million, the people said. ET reported last week that Kiwi was in the market for fresh funding. ...Less

AceVector'sRs 420 crore IPOcomprised Rs 287 crore in fresh capital and a Rs 133 crore offer-for-sale (OFS ...More

AceVector'sRs 420 crore IPOcomprised Rs 287 crore in fresh capital and a Rs 133 crore offer-for-sale (OFS) component in which investors, including SoftBank, Nexus Venture Partners, and Foxconn, sold their shares. ...Less

Amazon and Walmart's Flipkart have begun checking security camera listings on their platforms in India af ...More

Amazon and Walmart's Flipkart have begun checking security camera listings on their platforms in India after hundreds of unlicensed products were offered for sale despite strict government testing rules imposed six months ago amid ...Less

Smartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This ...More

Smartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This move aims to cushion consumers from rising prices and stimulate demand during the festive season. Major brands like Samsung and Xiaomi are offering no-cost EMI schemes on various models, including entry-level options. Retailers expect finance-driven purchases to increase significantly during the festive sales period. ...Less

Yet analysts expect demand to remain resilient in impulse-led categories and for purchases linked to the ...More

Yet analysts expect demand to remain resilient in impulse-led categories and for purchases linked to the multiple occasions that now make up the festive season. ET reported on September 7 that ecommerce marketplaces and online retailers are expected to clock a record Rs 1.50-1.55 lakh crore in sales during this year’s festive season, up 25-29% from 2025. ...Less

Ekart has also added more than 900 delivery hubs to expand its last-mile network to strengthen same-day a ...More

Ekart has also added more than 900 delivery hubs to expand its last-mile network to strengthen same-day and next-day deliveries during the festival period. ...Less

Mark your calendars for the Flipkart Big Billion Days sale, commencing on October 9, 2026. Flipkart Plus ...More

Mark your calendars for the Flipkart Big Billion Days sale, commencing on October 9, 2026. Flipkart Plus and Black members get an exclusive treat with early access starting October 8. The prevailing buzz suggests that the iPhone 17 will be available at a starting price of Rs 79,999, complemented by attractive bank and exchange deals to further sweeten the deal. ...Less

Both startups will receive capital support, strategic mentorship and access to Flipkart’s wider ecosystem ...More

Both startups will receive capital support, strategic mentorship and access to Flipkart’s wider ecosystem to help them build and scale their businesses, the company said on Monday. ...Less

Flipkart’s logistics arm Ekart has added 14 million cubic feet of warehousing space nationwide, increasin ...More

Flipkart’s logistics arm Ekart has added 14 million cubic feet of warehousing space nationwide, increasing its storage capacity by 50%, the company said on Tuesday. The Walmart-backed company also added more than 900 delivery hubs to its last-mile network. ...Less

Google is taking a leap forward in its AI capabilities by introducing direct purchasing options from Walm ...More

Google is taking a leap forward in its AI capabilities by introducing direct purchasing options from Walmart-owned Flipkart through AI Mode and Gemini. This new feature showcases a 'Buy' button that streamlines the checkout process without navigating away from the AI interface, currently being tested among a select group of users. With the festive season approaching in October, this initiative aims to elevate the shopping journey. ...Less

Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This ...More

Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning Dispatch. ...Less

Partners Matt Murphy and Venky Ganesan on the Anthropic bet, life beyond it, where the firm is putting it ...More

Partners Matt Murphy and Venky Ganesan on the Anthropic bet, life beyond it, where the firm is putting its money now, and why India's AI future lies with young founders. ...Less

Telangana's food safety authorities inspected 16 dark stores across the city and found serious hygiene vi ...More

Telangana's food safety authorities inspected 16 dark stores across the city and found serious hygiene violations. Four establishments had their licenses suspended for acute health hazards identified during the inspections. Violations included expired food products, pest infestations, and improper storage practices. The authorities emphasized the importance of maintaining food safety standards amidst the rise of quick-commerce. ...Less

Lalit Keshre, co-founder and CEO of Bengaluru-based Groww, was raised in a farming family in Lepa, Madhya ...More

Lalit Keshre, co-founder and CEO of Bengaluru-based Groww, was raised in a farming family in Lepa, Madhya Pradesh and studied in the only English-medium school in his district before cracking IIT Bombay. He earned a dual degree in Electrical Engineering in 2004 and later worked at Flipkart before founding Groww in 2016. Today, Groww offers multiple financial products, while Forbes puts Keshre’s net worth at $1.1 billion. ...Less

LG Electronics India has announced a price rise for air conditioners starting October 1. The increase wil ...More

LG Electronics India has announced a price rise for air conditioners starting October 1. The increase will be between 5 to 7 percent ahead of the festive season. While other consumer electronics manufacturers have also raised prices, LG has not announced changes for its other products. Industry executives have indicated that rising material costs and inflation are affecting profit margins. ...Less

As companies increasingly deploy AI, Google emphasises the importance of preparing corporate data for eff ...More

As companies increasingly deploy AI, Google emphasises the importance of preparing corporate data for effective use. Andi Gutmans stated that understanding a business requires analysing contracts, revenue, and customer data. Google is expanding its engineering teams in India to support businesses in connecting AI systems with their essential data. ...Less

The fresh capital raise is expected to be finalised in the coming weeks and will value Kalshi at about $4 ...More

The fresh capital raise is expected to be finalised in the coming weeks and will value Kalshi at about $40 billion, the sources said, requesting anonymity as the discussions are confidential. It comes on the heels of a $1 billion fundraise in May that valued the firm at $22 billion. ...Less

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile ...More

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26. ...Less

FSSAI said action had been initiated against Amazon, Flipkart India, Swiggy Instamart, Zepto and BigBaske ...More

FSSAI said action had been initiated against Amazon, Flipkart India, Swiggy Instamart, Zepto and BigBasket over allegedly misleading claims related to Happilo Premium Date Bites - Zesty Orange. Separately, Swiggy Instamart and BigBasket face action over alleged misleading claims and non-compliant product information involving three Milky Mist products - Fresh Low Fat Cream, Farm Fresh Curd and Greek Yoghurt. ...Less

The proposed funding would be Kiwi's largest round after the Nexus Venture Partners and Stellaris Venture ...More

The proposed funding would be Kiwi's largest round after the Nexus Venture Partners and Stellaris Venture Partners-backed company raised $24 million in August last year. The round was led by Singapore-based Vertex Ventures. ...Less

For retailers, the festive strategy this year will shift from outright price cuts towards a combination o ...More

For retailers, the festive strategy this year will shift from outright price cuts towards a combination of financing, product redesign, wider entry-level choices and exchange offers, with the aim to preserve margins while giving consumers more ways to complete purchases despite higher prices. ...Less