• 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Amazon, Flipkart slash fees as battle for smaller cities intensifies

    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

  • Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITAT

    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

  • ETtech Explainer: The food delivery duopoly vs disruptors

    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

  • Fintechs chase new revenue; Flipkart’s food delivery launch

    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

  • Sarvam raises $75 million; Ather trims losses in Q1

    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

  • Mid-year ecommerce sales set to cool as costs heat up

    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

  • Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flow

    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

  • AP EAMCET Seat Allotment 2026: Check steps to check result, direct link, cutoff, reporting and fees dates

    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

  • Flipkart ordered to pay Rs 38,000 after buyer finds mobile phone warranty started eight months before delivery

    A Kerala consumer commission has ordered Flipkart to pay Rs 38,990 to a Kannur woman after finding that t ...More

    A Kerala consumer commission has ordered Flipkart to pay Rs 38,990 to a Kannur woman after finding that the Xiaomi phone delivered to her in March 2023 carried a warranty start date of July 2022, eight months before she received it. The commission ruled Flipkart had sold a previously used, defective phone as new and rejected its claim that it was merely an intermediary. ...Less

  • Aluminium foil hack to clean chimney filters: How it works, benefits and steps to remove stubborn grease

    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

  • Silicon Valley’s South Park Commons bullish on India's deeptech space

    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

  • From discovery to purchase: How creators shape Gen Z's festive shopping

    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

  • iPhone 17 gets Rs 32,585 effective price with exchange offer

    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

  • AI startup Kily secures Rs 30 crore from Sorin Investments, Razorpay, Wyser

    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

  • Mirae Asset Venture raises Rs 1,125 crore in first close of new India-dedicated fund

    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

  • Festive demand set to lift FMCG growth, but margins face pressure

    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

  • FSSAI tightens pan masala packaging rules, bans plastic and plastic-laminated pouches

    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

  • Yulu, Bounce seek funds as gig-EV rentals zoom

    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

  • From fashion to fast delivery: Nandita Sinha’s new challenge is Instamart

    Nandita Sinha will lead Swiggy's quick commerce vertical Instamart. She previously served as CEO of Myntr ...More

    Nandita Sinha will lead Swiggy's quick commerce vertical Instamart. She previously served as CEO of Myntra, turning the company profitable and also held leadership roles at Flipkart and consumer goods companies. She oversaw Myntra's expansion into premium fashion and quick delivery services. ...Less

  • ETtech Explainer: Why are dark stores again under scrutiny over food safety

    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

  • Festive rush: Quick commerce firms to hire 35-40% more temp workers, demand surges for tech-savvy talent

    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

  • ETtech Explainer: Why is Meesho building a low-cost logistics network for grocery?

    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

  • Samsung Galaxy F70 Pro 5G price, specs and launch date confirmed: Here's what to know before buying your next phone

    Samsung Galaxy F70 Pro 5g Pricing and Specs Confirmed in India: Samsung's Galaxy F70 Pro 5G will launch i ...More

    Samsung Galaxy F70 Pro 5g Pricing and Specs Confirmed in India: Samsung's Galaxy F70 Pro 5G will launch in India on August 3. The new smartphone will be available for purchase through Flipkart and Samsung's online store. Pricing for the device starts at ₹25,999 for the base model. This mid-range phone features a 120Hz AMOLED display and a 6,000mAh battery. Samsung promises six years of OS updates and security patches for this device. ...Less

  • Chandrasekaran's successor at Tatas will have to start off with a three-way, Rs 29,000-cr tightrope walk

    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

  • D2C brand Typsy Beauty raises Rs 20 crore led by Saama Capital

    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

  • Netflix launches India Storytelling Initiative, partners IICT, NFDC to train next generation of creators

    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

  • India aims to see electric air taxis fly by 2028, testing to gather pace next year: Union Civil Aviation Minister

    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

  • Zomato assures Bengaluru restaurateurs of action on grievances; Swiggy talks due Friday

    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

  • Amazon Now in nine countries, has recorded 80% growth in units sold QoQ: Andy Jassy

    During his India visit in June, Jassy announced that Amazon will expand Amazon Now, which offers delivery ...More

    During his India visit in June, Jassy announced that Amazon will expand Amazon Now, which offers delivery in 10 minutes in India, to 300 cities. The upgraded expansion plan comes just two months after the company announced that it intends to roll out the service to 100 cities and build a network of 1,000 dark stores. ...Less

  • Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipments

    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

  • To IPO, or to IPOstpone? : What Zepto’s IPO pullback tells a bigger story about business and timing

    .The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, ...More

    .The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the speed at which it was trying to IPO would have upended all its gains. There are many tech companies – both in India and abroad – which are perfectly fine being privately owned. Staying private for longer will not delay Zepto value creation but maximise it instead. ...Less

  • Flipkart's Ekart opens pan-India logistics network to businesses

    Ekart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansio ...More

    Ekart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansion utilizes a new franchise model and dedicated warehousing capabilities. Over 300 franchise outlets are now operational, with plans for 1,000 by 2026. Businesses can access over one million square feet of warehousing space for fulfillment. Ekart's technology stack, including AI, will also be available to these external clients. ...Less

  • Samsung Galaxy F70 Pro 5G launch in India: Snapdragon 6 Gen 3, 6,000mAh battery and 45W charging; Here's the price and other specs

    Samsung Galaxy F70 Pro 5G launch: Samsung Galaxy F70 Pro 5G is set to be launched in India today, 3 Augus ...More

    Samsung Galaxy F70 Pro 5G launch: Samsung Galaxy F70 Pro 5G is set to be launched in India today, 3 August, with the Snapdragon 6 Gen 3 chipset, a 6,000mAh battery with 45W fast charging, and a 120Hz FHD+ Super AMOLED display. The phone is available on Flipkart and Samsung's official store. Check its price here. ...Less

  • No plastic, only bamboo and wood pulp: How a Bengaluru NIFT alumnus built a sustainable packaging business with Rs 2 crore monthly revenue

    Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactu ...More

    Vaibhav Anant, a NIFT alumnus, founded Bambrew, a green-tech startup in Bengaluru. This company manufactures biodegradable and plastic-free packaging alternatives for businesses. Bambrew utilizes natural ingredients like bamboo and sugarcane for its products. The startup has successfully reduced over ten thousand tons of plastic waste. Their sustainable packaging is now available in more than ten countries globally. ...Less

  • Macros weigh on ecommerce sales; District CEO on growth plan

    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

  • Accel’s $550 million India fund; South Park Commons bets on deeptech

    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

  • Quick commerce braces for Rakshabandhan rush as capacity strains emerge

    The surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces s ...More

    The surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces such as Amazon and Flipkart. Brands and sellers said Blinkit, Instamart and Zepto have limited warehouse capacity and inbound inventory slots ahead of the festive season. ...Less

  • CAG flags Rs 12.86 crore loss in WBIDC's land deal with Flipkart in West Bengal

    A CAG report revealed a Rs 12.86 crore loss for WBIDCL in land allocation, which occurred while allotting ...More

    A CAG report revealed a Rs 12.86 crore loss for WBIDCL in land allocation, which occurred while allotting land to Flipkart's logistics arm, Instakart Services. The state's nodal agency computed land prices without accounting for water bodies on the site, the CAG found. ...Less

  • Nayab Saini says BJP to form govt in Punjab, procure all crops at MSP

    Haryana Chief Minister Nayab Singh Saini stated the BJP will win Punjab polls next year. He assured farme ...More

    Haryana Chief Minister Nayab Singh Saini stated the BJP will win Punjab polls next year. He assured farmers that all crops would be procured at minimum support price. The party also plans to implement the Bhavantar Bharpai Yojana in Punjab. Saini criticised the AAP government for failing to curb drug menace. He urged the youth to avoid substance abuse for societal strength. ...Less

  • Groww founders plan Rs 400-500 crore fund for consumer, deeptech startups

    Chief executive Lalit Keshre, chief financial officer Ishan Bansal, chief operating officer Harsh Jain, a ...More

    Chief executive Lalit Keshre, chief financial officer Ishan Bansal, chief operating officer Harsh Jain, and chief technology officer Neeraj Singh will be the general partners of the fund and deploy their personal capital, with no plans to raise money from external limited partners. A small, dedicated investment team will handle sourcing, due diligence, and portfolio management under the founders’ supervision, the people said. ...Less

  • Flipkart partners with India Post for parcel delivery

    Flipkart has partnered with the Department of Posts for parcel delivery services. This collaboration gran ...More

    Flipkart has partnered with the Department of Posts for parcel delivery services. This collaboration grants Flipkart access to over 1.6 lakh post offices nationwide. The agreement enables wider market reach and improved delivery efficiency. India Post will provide last-mile delivery for Flipkart shipments across all regions. Services include prepaid, COD parcels, and real-time shipment tracking. ...Less

  • Premium takes priority in ecommerce carts this festive season

    There is a 20-25% year-on-year rise in festive order volumes for premium products, while mass-segment ord ...More

    There is a 20-25% year-on-year rise in festive order volumes for premium products, while mass-segment orders are either flat or up marginally. Notably, orders for entry- and mid-segment smartphones declined slightly, while televisions and entry-level appliances posted 4-5% growth. ...Less

  • When is the right time for an IPO?

    Zepto has decided to delay its IPO as investor anxieties mount regarding its current valuations. Many fun ...More

    Zepto has decided to delay its IPO as investor anxieties mount regarding its current valuations. Many fund houses are hesitant to invest at these high price levels. Before moving forward with its public listing, the quick-commerce company aims to secure private equity funding. In this time, Zepto must also outline a clear strategy for achieving profitability, which may relieve some of the competitive pressures on other industry players. ...Less

  • Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exits

    Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its moun ...More

    Sinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group veteran, she began her stint at the online retailer as an associate director in 2013, managing the beauty and personal care categories. ...Less

  • Mumbai man orders iPhone 14 but allegedly receives beard growth oil instead; Flipkart and third-party seller ordered to refund Rs 2.14 lakh

    A district consumer commission ordered Flipkart and a seller to refund over two lakh rupees. The Powai re ...More

    A district consumer commission ordered Flipkart and a seller to refund over two lakh rupees. The Powai resident ordered an iPhone but received beard growth oil and packing material. The commission found deficiency in service and unfair trade practices by the e-commerce platform. Flipkart and the seller failed to resolve the issue after multiple complaints were lodged. Apple India was dismissed from the case as the dispute was not product-related. ...Less

  • Social media has reshaped online shopping; open to acquisitions: Flipkart's Kalyan Krishnamurthy

    Social media apps significantly influence Indian online shopping decisions for consumers. Flipkart's CEO ...More

    Social media apps significantly influence Indian online shopping decisions for consumers. Flipkart's CEO noted direct sales from these platforms are growing. The company remains open to strategic acquisitions and partnerships for expansion. Flipkart has a history of acquiring companies like Myntra and Cleartrip. Recent investments include Minivet AI and Pinkvilla, enhancing its capabilities. ...Less

  • Vivo S2 launched at Rs 39,999: Check price, camera, battery, specs, sale date and offers

    Vivo has launched its S2 smartphone in India with advanced cameras. The device features a 50MP Sony main ...More

    Vivo has launched its S2 smartphone in India with advanced cameras. The device features a 50MP Sony main camera and a 32MP selfie camera. It boasts a 7050mAh battery and a powerful MediaTek Dimensity 7360 Turbo processor. The phone runs OriginOS 6 based on Android 16 with AI capabilities. Vivo S2 will be available from August 11, 2026, with attractive launch offers. ...Less

  • Flipkart to launch food delivery pilot in August: Kalyan Krishnamurthy

    ET had first reported in February about Flipkart’s plans to foray into an industry dominated by Eternal-o ...More

    ET had first reported in February about Flipkart’s plans to foray into an industry dominated by Eternal-owned Zomato and Swiggy. On Friday, Eternal’s shares were down 2.3% at Rs 280 on the BSE, while Swiggy’s stock was down 3.9% at Rs 251.40. ...Less

  • Flipkart may add food delivery to its product offerings

    Flipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge ...More

    Flipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato and Swiggy. The company will learn from this pilot before considering a wider national rollout. Flipkart believes a strong value proposition can disrupt the current market. This expansion follows their aggressive entry into quick commerce services. ...Less

  • Flipkart's Kalyan Krishnamurthy rules out IPO timeline, plays down quick commerce as a separate business

    Flipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the dome ...More

    Flipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the domestic capital market, according to people aware of the matter. Krishnamurthy pushed back on a pre-IPO fundraise said to be aimed at ascertaining valuation. ...Less

  • Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats up

    Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She ...More

    Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals are investing heavily to capture market share in online groceries. ...Less

  • Flipkart's supply chain arm Ekart opens logistics network to external brands

    Ekart is expanding its logistics network to outside businesses. This includes MSMEs and D2C brands throug ...More

    Ekart is expanding its logistics network to outside businesses. This includes MSMEs and D2C brands through a new franchise model. The company plans to open over one thousand outlets by 2026. Businesses can also use Ekart's dedicated warehousing space for fulfillment. Access to Ekart's technology stack will also be provided. ...Less

  • BigBasket’s losses widen in FY26, revenue rises 7.7% YoY

    This comes weeks after Amazon veteran Amit Nanda joined BigBasket as the new chief executive after founde ...More

    This comes weeks after Amazon veteran Amit Nanda joined BigBasket as the new chief executive after founder Hari Menon stepped down. Nanda has been tasked with making the business profitable amid mounting pressure on margins in the quick commerce sector. ...Less

  • eXport boost for eCommerce

    The Indian government has opened the doors for foreign investment in inventory-based e-commerce specifica ...More

    The Indian government has opened the doors for foreign investment in inventory-based e-commerce specifically for exports. This initiative aims to boost the e-commerce export share of the nation significantly. Currently, Indian MSMEs export goods worth less than one thousand dollars through this channel. ...Less

  • Companies may soon get to retain legal identity in flipbacks

    A parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow ov ...More

    A parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to India while retaining their legal identity. The joint committee will recommend this new framework in its upcoming report. Sweeping changes are also expected to align corporate law with data protection. This initiative aims to simplify relocation for Indian-origin firms and future-proof legislation. ...Less

  • Flipkart’s food delivery foray; Swiggy CEO on qcomm competition

    Flipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in ...More

    Flipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5. ...Less

  • Govt moves to allow MDR; Qcomm braces for festive rush

    Happy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI tran ...More

    Happy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s ETtech Morning Dispatch. ...Less

  • Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?

    Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinh ...More

    Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Swiggy's Instamart business.This appointment occurs amid intense competition in India's quick commerce sector. Meanwhile, Zepto is reportedly negotiating its IPO pricing at a lower valuation.The company may defer its listing if valuation targets are not met. ...Less

  • Delhi HC protects Yuvraj Singh's personality rights, says AI-generated deepfakes, unauthorised commercial use tarnish reputation, violate law

    The Delhi High Court has protected Yuvraj Singh's personality rights. AI-generated deepfakes and unauthor ...More

    The Delhi High Court has protected Yuvraj Singh's personality rights. AI-generated deepfakes and unauthorised exploitation damage his reputation and commercial value. The court issued an interim injunction against creating and publishing such content. This order reinforces celebrity rights in the age of artificial intelligence. Violators of these rights will be dealt with severely. ...Less

  • Zepto defers listing, to refile IPO papers after two quarters: CEO Aadit Palicha tells employees

    People familiar with the discussions said the IPO pricing received from large institutional investors for ...More

    People familiar with the discussions said the IPO pricing received from large institutional investors for Zepto’s anchor book was in the $2.5-3 billion range. This marked a further reduction from the $3.5-4 billion valuation that was being discussed earlier in July, and was significantly below the $7 billion valuation at which the company raised its last private funding round in October last year. ...Less

  • Spider-Man: Brand New Day helps pave the way for Marvel Studios to come back into the game in India

    Spider-Man: Brand New Day achieved the highest Hollywood opening in India. The film's impressive first-da ...More

    Spider-Man: Brand New Day achieved the highest Hollywood opening in India. The film's impressive first-day collection signals Marvel Studios' significant resurgence. This success highlights the enduring appeal of the Spider-Man character for audiences. Dubbed versions contributed substantially to the movie's total India collection. Analysts predict the film will surpass its predecessor's box office performance. ...Less

  • Flipkart chief rules out IPO timeline; Infosys names new CEO

    Happy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and f ...More

    Happy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in today’s ETtech Morning Dispatch. ...Less

  • Competition poses no risk to food delivery, company in a strong position: Swiggy

    “We believe our competitive position in food delivery is durable with no near-term risks to the underlyin ...More

    “We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been agile to evaluate possible opportunities across pricing, formats, and even separate apps to open up the TAM (total addressable market) further while maintaining the economics of the core platform,” Swiggy said in its shareholders’ letter. ...Less

  • Rapido integrates Ownly into main app as food delivery contest widens

    Rapido has integrated its food delivery service Ownly into its main app in Bengaluru, expanding restauran ...More

    Rapido has integrated its food delivery service Ownly into its main app in Bengaluru, expanding restaurant reach while using its rider network to improve delivery efficiency and reduce logistics costs. ...Less

  • Zepto may defer IPO; Festive carts go premium

    Happy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and mor ...More

    Happy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispatch. ...Less

  • India ready for a premium wealth show while US missiles rattle the world

    India's festive shopping season is set to highlight the country's premiumisation boom despite global unce ...More

    India's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran war. Economists and industry executives say resilient consumer demand, rising household wealth and a rapidly expanding affluent class are driving spending on premium products, from smartphones and luxury homes to automobiles and branded goods, making premium consumption a defining theme of India's economy. ...Less

  • Bengaluru restaurant owners turn heat on Swiggy, Zomato over fee burden

    More than 250 restaurateurs attended a meeting convened by the Bangalore Hotels Association on Tuesday, w ...More

    More than 250 restaurateurs attended a meeting convened by the Bangalore Hotels Association on Tuesday, where members flagged concerns over multiple charges levied by the platforms, promotional campaigns run without explicit consent and shrinking margins, particularly for small and mid-sized restaurants. ...Less

  • Nykaa appoints ex-Instamart COO Ankit Jain to lead quick commerce business

    Ankit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic mov ...More

    Ankit 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-minute beauty delivery service to cater to all high-demand locations by the end of FY30. Currently active in thirteen cities, Nykaa Now is also upgrading its next-day and hyperlocal delivery capabilities. This initiative underscores the rising emphasis on vertical quick commerce across various sectors. ...Less

  • Will aim to make Groww India's largest wealth platform: CEO Lalit Keshre

    The ambition is backed by a rapid expansion in Groww’s affluent customer base. The number of active afflu ...More

    The ambition is backed by a rapid expansion in Groww’s affluent customer base. The number of active affluent users—defined by the company as customers with at least Rs 25 lakh of assets on the platform—rose to around 400,000 in FY26 from 200,000 a year earlier. ...Less

  • Swiggy’s Q1 loss narrows as Instamart's profitability push slows growth

    The Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which ...More

    The Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral during the quarter, will break even on an adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) basis when it reaches 250-300 million quarterly orders, up from 114.5 million in the June quarter. ...Less

  • Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, Fireside

    Fixxly plans to use the capital to build its technology platform, hire employees, and expand operations. ...More

    Fixxly plans to use the capital to build its technology platform, hire employees, and expand operations. It will begin operations in Bengaluru in September, with Hyderabad and Mumbai among the cities it plans to enter subsequently. ...Less

  • Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoY

    Swiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, ...More

    Swiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose 37%. Instamart achieved contribution breakeven despite continued investments, food delivery maintained steady growth, and management expressed confidence in its competitive position amid rising competition in the online food delivery space. ...Less

  • Ownly eyes multi-city expansion as Swiggy, Zomato backlash grows

    Ownly has onboarded around 25,000 restaurants so far and is seeing an average order value (AOV) of Rs 200 ...More

    Ownly has onboarded around 25,000 restaurants so far and is seeing an average order value (AOV) of Rs 200-220, roughly half that of incumbent food delivery platforms such as Swiggy and Zomato, whose AOV stands at around Rs 400. ...Less

  • Bengaluru restaurants to meet on July 28 to push back against Swiggy fees

    The Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what t ...More

    The Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what they say are multiple fees that have squeezed margins, particularly for small and mid-sized restaurants. ...Less

  • Instamart’s new CEO; parliamentary panel summons social media cos

    Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and m ...More

    Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5. ...Less

  • 'Booked flat in 2012, now possession in 2032': Millionaire Sabeer Bhatia shares homebuying ordeal in India

    Sabeer Bhatia booked a high-end apartment in India back in 2012. The property's construction remains unfi ...More

    Sabeer Bhatia booked a high-end apartment in India back in 2012. The property's construction remains unfinished after more than a decade. Builders now project a handover date of 2032, which is twenty years later. This situation highlights concerns about trust in commercial dealings across the country. The entrepreneur expressed disappointment with the prolonged and uncertain property delivery. ...Less

  • Abhi Bus leaves passengers stranded in Ayodhya: Wrong pickup instructions sent couple 10 km away to find booked bus missing; ordered Rs 30,000 payout

    A Kerala consumer commission has ordered Abhi Bus Service India and its partner operator to pay Rs 30,000 ...More

    A Kerala consumer commission has ordered Abhi Bus Service India and its partner operator to pay Rs 30,000 in compensation and refund the ticket fare after a couple, including a woman recovering from surgery, were sent to a wrong pickup point in Ayodhya, travelled 10 km by auto to the correct location, and still found no bus running at that hour. ...Less

  • Zepto IPO likely deferred over pricing standoff with mutual funds: sources

    Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price ind ...More

    Zepto IPO delay: People aware of the discussions told ET that the company has received a formal price indication from large institutional investors and is negotiating for a week or two before deciding whether to proceed. A deferment is on the table if the price gap does not close, though the company would prefer to list, they added. ...Less

  • Quick commerce will continue to attract capital, competition: Swiggy group CEO Sriharsha Majety

    Swiggy's Instamart aims for profitability by enhancing its product offering and customer experience. The ...More

    Swiggy's Instamart aims for profitability by enhancing its product offering and customer experience. The quick commerce sector will remain competitive and well-funded, attracting significant capital. Instamart is shifting focus from new dark stores to optimizing existing assets for better utilization. Contribution margins improved due to higher average order values and better infrastructure. The company seeks to become a destination for everyday upgrades and essentials. ...Less

  • Dell revives XPS as component costs surge; consumer business head on brand equity, pricing strategy and India push

    Dell Technologies is bringing back its recognizable XPS consumer PC brand after a brief hiatus. The compa ...More

    Dell Technologies is bringing back its recognizable XPS consumer PC brand after a brief hiatus. The company is also expanding its omnichannel distribution strategy across India. This move aims to make premium brands like XPS and Alienware more accessible. ...Less

  • Atomberg's funding plans; Neocloud firms eye India capacity

    Happy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a pu ...More

    Happy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in today's ETtech Morning Dispatch. ...Less

  • India orders Pepsi, Red Bull, Monster and others to drop ‘energy drink’ label despite industry protests

    India's food regulator has mandated that beverage brands discontinue the 'energy drink' label. This direc ...More

    India's food regulator has mandated that beverage brands discontinue the 'energy drink' label. This directive entails a compliance period of ninety days and affects many leading brands. Industry representatives have raised alarms regarding potential damage to brand reputations and the risk of consumer misunderstanding. The regulatory action aligns with international scrutiny surrounding the health implications of high caffeine and sugar content in such drinks. ...Less

  • School assembly news headlines, July 27, 2026: Top national, international, sports and business updates

    School assembly news headlines, July 27, 2026: Prime Minister Modi highlighted India's growing role as a ...More

    School assembly news headlines, July 27, 2026: Prime Minister Modi highlighted India's growing role as a global defence partner. International news includes wildfires in France and Spain and a typhoon in China. India secured a T20I series win against Zimbabwe and reclaimed the top ranking. Anahat Singh reached the World Junior squash final, and Judoka Tulika Maan faced suspension. Business news features FSSAI suspending a licence and Air India modifying its fleet. ...Less

  • Brands see strong consumer appetite this festive season despite war-led woes

    Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation ...More

    Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial. ...Less

  • ETtech Explainer: Ecommerce export FDI policy opens opportunities, but raises compliance questions

    India's FDI rules prohibit ecommerce companies from holding inventory, requiring them to operate on a mar ...More

    India's FDI rules prohibit ecommerce companies from holding inventory, requiring them to operate on a marketplace model to prevent large inflows of foreign capital from distorting competition for small sellers and traders. The Department for Promotion of Industry and Internal Trade (DPIIT) said on Thursday that restrictions on foreign investment in inventory-based ecommerce will "not apply in case of exports of domestically manufactured and/or produced goods/products." The policy, executives said, creates an additional channel for Indian sellers to access overseas markets. ...Less

  • Karnataka attracts $13 billion in FDI as tech, GCC investments surge

    Karnataka's foreign direct investment nearly doubled to thirteen billion dollars last financial year. Tec ...More

    Karnataka's foreign direct investment nearly doubled to thirteen billion dollars last financial year. Tech investors and global capability centers significantly boosted Karnataka's investment inflows. Maharashtra, the top destination, experienced a dip in foreign direct investment after two years. Computer software and hardware sectors cornered nearly forty percent of total inflows. Food processing industry saw foreign direct investment grow nearly six times. ...Less

  • Quick commerce firms deepen battle for orders in the same pin codes: Report

    Quick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipka ...More

    Quick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipkart Minutes, and Amazon Now significantly increased their store counts recently. This intense competition focuses on metro cities where demand is highest. Companies aim to capture customer habits and defend broader e-commerce businesses. Denser networks are crucial for meeting delivery timelines and improving economics. ...Less

  • From Bhadohi to Brooklyn: India's small towns are set to go global

    India's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by conne ...More

    India's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by connecting small-town manufacturers with overseas buyers through platforms such as Amazon and Flipkart. Combined with Districts as Export Hubs, ODOP and FTAs, the policy aims to broaden India's exports and create the country's next export growth story. ...Less

  • Flipkart CEO Kalyan Krishnamurthy meets West Bengal CM Suvendu Adhikari, discusses digital commerce growth plans

    Kalyan Krishnamurthy, the CEO of Flipkart, engaged in a significant dialogue with West Bengal's Chief Min ...More

    Kalyan Krishnamurthy, the CEO of Flipkart, engaged in a significant dialogue with West Bengal's Chief Minister Suvendu Adhikari. Their agenda included initiatives to elevate digital commerce and foster entrepreneurship within the state. They examined potential support strategies for MSMEs, artisans, and farmers, aiming to harness technology's power to expand market reach and reaffirm West Bengal's commitment to economic development. ...Less

  • Scapia announces Rs 20 crore Esop buyback

    Travel fintech Scapia has launched a Rs 20 crore employee stock ownership plan buyback. Eligible employee ...More

    Travel fintech Scapia has launched a Rs 20 crore employee stock ownership plan buyback. Eligible employees can now sell up to ten percent of their vested options. This initiative follows a recent $63 million funding round led by General Catalyst. The company, founded in 2022, offers travel bookings and co-branded credit cards. Scapia has now raised a total of $135 million in funding. ...Less

  • Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscape

    Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the compa ...More

    Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter was largely driven by seasonal factors. Eternal reported a nearly threefold increase in operating revenue for the June quarter to Rs 20,211 crore. Net profit rose fourfold year-on-year to Rs 92 crore but declined 47% from the preceding quarter. ...Less

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