Meesho losses surge 7.5X to Rs 3,247 cr in FY22 as expenses riseUnlike the big ecommerce players, Meesho does not charge sellers a commission on the sale of merchandise. It makes money by charging an adv...
03 Jan, 2023, 05.10 PM IST
Amazon relooking experiments, not shutting businesses: TiwaryTech giant to double down on its business-to-business (B2B) marketplace, pharmacy, grocery and social commerce.
08 Dec, 2022, 11.11 PM IST
Contractor management startup Onsite raises $1.5 million in funding led by FoundamentalOnsite aims to digitise India’s 10 million+ SME construction businesses and will use the funding to develop its platform and expand its tec...
02 Sep, 2022, 04.12 PM IST
Flipkart’s Shopsy head Prakash Sikaria set to quitSikaria is currently the senior vice president for growth and monetization at Flipkart. Sikaria heads Flipkart’s growth charter and also le...
23 May, 2022, 06.31 PM IST
GlowRoad introduces zero-commission for sellersA zero commission will now help the company create more opportunities for entrepreneurs and MSMEs across the country.
20 May, 2022, 11.39 AM IST
Amazon acquires reseller platform Glowroad in social commerce pushAmazon has acquired the startup in an all-cash deal, a person aware of the matter said. This is the first inorganic bet that Amazon is taki...
22 Apr, 2022, 11.53 AM IST
Amazon gets social (again); Razorpay’s $80-100 million secondary share saleThis is the first inorganic bet that Amazon is taking on the social commerce space where sellers use platforms like Whatsapp and Facebook t...
22 Apr, 2022, 09.08 AM IST
Pencilton raises $330K in a pre-seed round by Jupiter, othersPencilton offers a debit card, PencilCard, to teenagers and students to help them manage their expenses while teaching them the basics of m...
27 Jul, 2021, 05.13 PM IST
PIL seeks clear MRP, seller details of products sold by e-commerce sites; Delhi High Court asks for Centre's standThe petition, by Ghaziabad resident Ajay Kumar Singh, has claimed that the consumers are facing great difficulty due to such details not be...
02 Feb, 2021, 01.23 PM IST
Social Commerce Fortunes Hinge On Local InfluencersDeeper foray into ‘voice, vernacular and video’ as well as expansion into new categories and applications will be crucial for social commer...
11 Jan, 2021, 02.03 PM IST
Cure.fit settles out of court with Book Your GameThe company has settled the case by paying close to the deal value, says one of the sources.
10 Oct, 2019, 07.56 AM IST
Users want no curbs on ecommerce deals, cashbacksConsumers say that the ecommerce sector should be regulated, and any policy should cover both products and services aspects of the ecommerc...
09 Jan, 2019, 07.26 AM IST
How social commerce companies are helping women in small towns earn a living from their homesSocial commerce cos are helping people in small towns, particularly women, earn a living from their homes.
26 Aug, 2018, 03.26 PM IST
How small ecommerce firms are trying to access local towns and citiesCompanies are looking to digitally recreate the experience of bargaining with vendors local languages.
20 Jul, 2018, 06.10 PM IST
Shop 101 gets $5 million in round led by StellarisShop 101 enables merchants to sell online and via social media by creating an online store for them. It is a mobile-first platform which he...
11 Jul, 2018, 01.41 PM IST
Investors gravitate to ecommerce platforms leveraging social mediaAccording to research platform Zinnov, there are 1.8-2 million such online resellers in the country clocking about $9 billion in annual com...
25 Oct, 2017, 08.15 AM IST
GlowRoad raises $2 million in series-A from Accel PartnersGlowRoad operates in the customer-to-customer segment that builds a network among women, who can sell products sitting at home to their nei...
13 Sep, 2017, 08.44 AM IST