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ECOMMERCE GROWTH
PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
Flipkart appoints Vinay Vaidya as SVP to drive AI-led tech innovationsPrior to joining Flipkart, Vaidya served as the chief technology officer at Tata Digital, where he led technology strategy, platform modern...
Flipkart appoints Vinay Vaidya as senior vice president of technology for supply chainFlipkart has appointed Vinay Vaidya as Senior Vice President of Technology for its supply chain, bringing over two decades of experience fr...
Usernaam ke Vaaste? Some things to consider about the ruckus over WhatsApp introducing usernamesWhatsApp's introduction of usernames, a feature long present in rivals like Telegram and Signal, has sparked debate, particularly in India....
ITC enters cola business to add more fizz to beverages portfolioIndia's carbonated soft drinks market is intensifying as ITC launches a premium sugar-free Coconut Cola, aiming to compete with global gian...
Delhivery CEO Sahil Barua says ecommerce driving company’s improved performanceDelhivery's growth is surging, fueled by booming e-commerce, especially from D2C brands and specialized online retailers. Founder Sahil Bar...
Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil BaruaGurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until th...
Delhivery’s Barua bets on consolidation; Amazon, Flipkart’s qcomm price warHappy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and mor...
Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the lineIndia’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swig...
Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
Meesho CHRO Ashish Singh quits in second senior-level exitIn an internal note to employees, CEO Vidit Aatrey said Singh will remain through the transition period and help in finding his successor. ...
Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
Amazon CEO Andy Jassy meets PM Modi; announces plans to invest $48 billion in India by 2030Amazon CEO Andy Jassy met PM Narendra Modi, announcing a significant $13 billion investment to bolster AI and cloud infrastructure in India...
Marketing platform JustAI raises $17 million led by Base10AI marketing platform JustAI has secured over $17 million in Series A funding, led by Base10, with participation from Y Combinator and Peak...
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
Nykaa aims for $5 billion in GMV by FY30Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last t...
Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...