Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
India remains on a credible growth path despite fragmented global landscape: N ChandrasekaranIndia shows strong economic growth amidst global uncertainty. This is fueled by its young population, digital advancements, and government ...
Digital sovereignty: Powering the vision of Viksit BharatIndia's digital advancements like UPI and Aadhaar are building economic and strategic sovereignty. The nation must now focus on digital and...
PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across IndiaPhonePe has achieved a major milestone with 50 million registered merchants. This growth signifies a significant step in bringing financial...
Karma, climate and consequences: As the Char Dham Yatra reopens, a warming Himalaya reveals karma in its oldest public senseA road journey through Uttarakhand’s mountain towns reveals a deeper shift in both climate and pilgrimage. Unusual heat, felt by locals as ...
Vibhor Jain appointed CEO and MD of ONDCVibhor Jain has been appointed as the new MD and CEO of ONDC, effective April 7, after serving as acting CEO. He aims to deepen the value O...
Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
Digital commerce in India will grow to $250 billion by 2030: Google and Deloitte reportIndia's digital commerce is set for massive growth, reaching $250 billion by 2030. Quick commerce will expand significantly, becoming a nor...
Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
Kirana stores see dip in business as consumers shift to quick commerce: ReportConsumers are increasingly turning to quick commerce for everyday needs, leading to a reduced reliance on traditional kirana stores, a Gran...
FMCG grows to its fastest pace in 18 months: Kirana stores grows by 15% since pandemic led lockdownEach distributor salesman is now covering more outlets even as the time he spends in the market dropped 31.8% year on year. Despite this, k...
Amazon expands network to 12,500 local stores, retail outletsAmazon's delivery network, which started as a pilot programme called 'I Have Space' in May 2015 with 2,500 stores, has now been ramped up t...
Amazon strengthens eastern region logistics capabilityE-commerce major Amazon India has set up a warehouse facility near here for faster delivery and disposal of orders for the Eastern region.
Amazon to take kirana stores onlineStarting first in Bengaluru on a pilot run, Amazon intends to scale this up nationally, a senior executive from the Seattle-headquartered c...
- Now draw cash from kirana store
ICICI Bank and ICICI Merchant Services-a company majority owned by US First Data Corporation-have started enabling cash withdrawal faciliti...