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Refurbished electronics firm Grest secures strategic FDI from Japan’s ICMGGrest, a refurbished electronics company, has received investment from Japan's ICMG. This marks a significant early-stage cross-border inve...- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
- IT mojo returns pre-Q4 results; Flipkart's AI sprintIT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
- Flipkart launches pilot programme to assess feasibility of long-haul electric trucksThe pilot programme for long-haul logistics, in partnership with Golden Aero Logistics, is a part of Flipkart's efforts to explore EV viabi...
- Flipkart starts new exchange program, instant mobile swaps, AI-powered pricing and more amid BBD sale. Check detailsFlipkart is expanding its exchange program across 26 product categories, aiming to make premium items more accessible, especially in smalle...
- Quick commerce to hike festive workforce by up to 60%Quick-commerce firms in India plan to increase temporary staff by up to 60% for the festive season. Redseer estimates quick commerce delive...
- Cashify-Google deal expected to double Pixel’s presence in India’s smartphone marketCashify's exclusive partnership with Google aims to boost Pixel's market share in India, targeting a rise from under 2% to at least 5% with...
- Flipkart launches fulfilment centre in PatnaThe 4.5 lakh square feet facility will support a network of over 6,600 sellers in Bihar, and generate over 1,100 direct and indirect job op...
- Recycling startup RecommerceX raises $3.6 million in round led by Accel, Kae CapitalThe chemical recycling and sustainability startup will use the funds to expand the team, develop tech platform, push R&D for advanced mater...
- Prathyusha Agarwal to head Flipkart's ShopsyPrathyusha Agarwal has joined Flipkart as vice president (VP) and head of Shopsy, a spokesperson for the firm confirmed to ET. She was prev...
- Zoomcar brings on board Flipkart's Adarsh Menon as presidentIn his new role, Adarsh Menon will be responsible for growth, operations, and customer experience at Zoomcar. Menon, who has more than 22 y...
- US-based online retailer Poshmark will delist from public markets: CEO Manish ChandraPoshmark was acquired by Naver Corp for $1.6 billion - which includes consideration for Poshmark's cash holdings, and the enterprise value ...
- South Korea's Naver to acquire US fashion social commerce Poshmark for $1.6 billionPoshmark is the largest fashion consumer-to-consumer platform in North America, with 80 million registered users led by Millenial and Gen Z...
- Recommerce platforms trying to expand beyond smartphones face challenges"The fact remains that smartphones are still a very large category on its own, and all of them combined, will remain minuscule compared to ...
- Flipkart group acquires electronics recommerce platform Yaantra for $40 millionWith the acquisition of Yaantra, Flipkart said it will give the company greater access to affordable refurbished smartphones.
- Cashify buys UniShop as it looks to expand both online and offlineCashify, which raised $15 million in Series D funding from private equity firm Olympus Capital’s clean energy and sustainability arm in Mar...
- Thinning Wardrobe: How lockdown is helping recommerce take shape in IndiaSecond-hand, subscription and rental are the top three fastest-growing retail categories.
- Antriksh Group enters re-commerce business, launches 'No Loan Day' schemeAntriksh has set up a re-commerce platform for their smart city project 'Urban Greek'.
- ReGlobe inks deal with Amazon to buy-back old electronicsThis is the fourth partnership for ReGlobe which has already collaborated with SnapDeal, eBay and Infibeam.
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