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INDIA ECOMMERCE 2023
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segmentReliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sect...- L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...
- Here to win quick commerce, will become market leader in near-term: Samir Kumar, Amazon India chiefAmazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick...
- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- Snapchat’s India advertiser base jumps 10-fold in just two years: Pulkit TrivediSnapchat has significantly expanded its advertiser base in India tenfold over the past two years, with a threefold increase in recurring ad...
- CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
- Nexus, Rainmatter invest Rs 225 crore in Agilitas SportsAgilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands,...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- India's $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight FrankIndia has significantly cut logistics costs through infrastructure investment. However, the nation requires more Multimodal Logistics Parks...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Beating the Heat: India’s data centre dream and the 50°C reality in its pathIndia's digital economy is expanding rapidly. However, extreme heat is straining its data centers. Rising temperatures increase cooling nee...
- Handloom, handicraft sector key employer but faces challengesIndia's vital handloom and handicraft sector, employing millions, grapples with low wages and limited market reach. A recent study highligh...
- Warehousing demand remains resilient despite global disruptions, leasing up 15%India's industrial and warehousing sector saw strong occupier activity in the March quarter. Manufacturing and third-party logistics firms ...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Andaah targets Rs150 crore ARR within two years of operations; expands to 127 cities across IndiaThe company has already achieved 5x revenue growth and remains profitable since its inception. Backed by Simran Group and strategic investo...
- Lifestyle accessories brand DailyObjects in talks to close Rs 300 crore fundingLifestyle accessories brand DailyObjects is in advanced talks to secure Rs 300 crore in a funding round led by Xponentia Capital, valuing t...
- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- Chennai metro discontinues CMRL travel card and urges users to switch to Singara Chennai Card; Know what happens to your moneyChennai Metro Rail Corporation is phasing out its CMRL travel card. Commuters must transition to the Singara Chennai Card, a National Commo...
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