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Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Amazon’s largest seller Cocoblu gets set for a quick commerce forayCocoblu Retail, Amazon’s largest seller, has established a new entity for its quick commerce operations to enable the ecommerce giant’s rap...
- Zepto’s IPO top-up; Trump’s birthright bombshellHappy Wednesday! Zepto is set to bulk up its public offering. This and more in today’s ETtech Morning Dispatch.
- Former Amazon seller Appario Retail sues CCI over antitrust probeAntitrust investigations conducted by the Competition Commission of India (CCI) have found Amazon and Walmart's Flipkart, some of their sel...
- CCI clears Amazon seller Appario’s sale to ClicktechAppario is the largest seller on Amazon India. This is part of Amazon’s plan to divest stakes in sellers on its platform. The Competition C...
- Amazon India’s largest seller Appario sold to ClicktechClicktech acquires Appario, Amazon's top seller, as Amazon divests stakes to comply with ecommerce norms. Appario becomes Clicktech's owned...
- Appario looks for a new way to keep selling on AmazonAmazon and Patni Group, joint venture partners of Appario’s parent firm Frontizo, had in October last year announced plans to shut the sell...
- Amazon JV seller Appario starts shipping inventory to new merchantsMoves inventory of goods to emerging super sellers on the platform like Dawntech and Clicktech Retail.
- Amazon India’s erstwhile biggest seller Cloudtail revenue jumped 15% before shutdownCloudtail’s biggest expenditure was related to purchase of inventory, which rose around 6% to Rs 15,492 crore.
- ‘Mini Cloudtails’ mushroom on Amazon after largest seller shuts downThese new entities are run by former executives of Cloudtail, as well as of Appario Retail, another company which is still a seller on the ...
- Rupa & Co scions take over Cloudtail’s home, kitchen and sports businessRetailEZ is among many new sellers that are taking over Cloudtail’s business following Amazon’s acquisition of the latter’s parent company ...
- FMCG sales fall on Amazon after Cloudtail transitionFinance teams at leading fast-moving consumer goods brands say the new entities lack the required heft in dealing with high-volume transact...
- CCI raids top sellers of Amazon, other etailersPeople familiar with the matter said the raids, carried out in the capital, New Delhi and the southern tech hub of Bengaluru, related to CC...
- Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employeesCloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the larg...
- Cloudtail starts shipping business inventory to other sellers as closure nearsVendors who supply to Cloudtail across categories like electronics, health and personal care, and smartphones are being sent new contracts ...
- WhatsApp, Grammarly, and other Ukrainian startup gemsWhatsapp was cofounded in 2009 by Jan Koum, a Ukrainian emigrant to the US. Koum was born in 1976 in Fastiv, the city where Russia began it...
- Cocoblu Retail to take over fashion, apparel business of Amazon's largest seller CloudtailThe company is also creating its team from Cloudtail such as CEO Chandramouli Venkataraman, who joined in February from Cloudtail where he ...
- Data centre firms ask govt to ease rules; Meesho served notice for 'flouting rules'If data centre companies want to set up their own dark fibre networks, they will have to come to a similar revenue share arrangement under ...
- RattanIndia Enterprises jumps 2% as co to mark entry in drone businessThe company has earmarked an initial investment of Rs 100 crore in NeoSky, which will design, manufacture and sell consumer micro drones ac...
- RattanIndia Enterprises to invest Rs 350 cr in its arm Cocoblu RetailCommenting on the investment, RattanIndia Enterprises Ltd (REL) Business Chairperson Anjali Rattan Nashier said Cocoblu will be well-positi...
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