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SIDDHARTH DUNGARWAL
Black Friday sales up 25-30% YoY for online commerce platforms driven by GST cut, D2C offersBlack Friday sales in India surged by 25-30% year-on-year, significantly outpacing last year's 17-18% growth. This boost was driven by GST ...- Packed festive show delivers a big ecommerce hit; sales jump 27%India's festive e-commerce season saw a robust 27% year-on-year sales growth, fueled by GST cuts and strong demand from non-metro cities. A...
- Brands, sellers gear up for a strong finish to ecomm festive saleWith much of the shopping in the final week happening for last-minute purchases and gifting purposes for Diwali, sellers and brands are exp...
- E-tailers, logistics firms gear up for festive surge boosted by GST cutsIndian e-commerce and logistics sectors are gearing up for a significant surge in festive demand, fueled by recent GST rate cuts. Companies...
- Ecomm orders shoot up as annual sale events openAmazon and Flipkart launched their festive sales for loyalty users, seeing over 20% growth in demand on the first day despite it being a Mo...
- Queues at car dealers, online carts piled high on Day 1 of GST 2.0 launchIndia's economy saw a boost following the GST revamp, dubbed a "savings festival" by Prime Minister Modi. Auto dealerships, especially for ...
- Analysts expect festive online sales to grow 30% after GST reliefAmazon India will start its Great Indian Festival on September 23. This follows the GST Council's rate cuts on footwear, apparel and other ...
- Reliance rolls out Ajio Rush to take on Myntra, Newme, Slikk and other fashion quick commerce startupsReliance Retail has launched Ajio Rush, a four-hour fashion delivery service now live in six cities. It follows Myntra and others exploring...
- Quick fashion delivery startup Blip shuts down in less than a yearBlip, a quick fashion delivery startup, has shut down less than a year after launch, citing limited capital and go-to-market challenges. De...
- Myntra launches quick commerce offering M-Now in Delhi-NCR and MumbaiMyntra has expanded its 30-minute delivery service, M-Now, to Delhi-NCR and Mumbai after a pilot in Bengaluru last year, offering collectio...
- Rapid fashion delivery gathers pace, but long-term viability in questionThe push towards rapid delivery began with quick commerce platforms like Zepto, Swiggy Instamart and Blinkit expanding the categories of pr...
- Menswear fashion brand Snitch raises up to $40 million in round led by 360 One AssetExisting investors, Singapore-based VC firm SWC Global, early-stage VC firm IvyCap Ventures, Ravi Modi Family Office (founders of Manyavar)...
- Menswear brand Snitch raises Rs 278 crore from 360 One Asset, othersSnitch, an omnichannel menswear brand, raised Rs 278 crore led by 360 One Asset, with participation from SWC Global and IvyCap Ventures. Fo...
- Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, othersBlitz, an Indian tech-driven quick commerce logistics company, secured Rs 51 crore in series A funding. The round was led by IvyCap Venture...
- Offline stores are trending as new set of D2C firms emergeInvestors and startup founders are noticing a trend: D2C businesses across various sectors, like fashion, electronics, and food and beverag...
- Snitch appoints Maruthy Ramgandhi as CTO“His extraordinary communication skills, enthusiasm and brilliant presentation skills will add value to our team,” said Siddharth Dungarwal...
- Snitch raises Rs 110 crore in funding from SWC Global, IvyCap Ventures, othersThe direct-to-consumer (D2C) firm did not disclose the valuation at which the fundraise took place. Snitch had earlier raised a much smalle...
- Snitch secures Rs 110 cr in Series A funding for expansion and innovationFashion brand Snitch has secured Rs 110 crore in Series A funding co-led by SWC Global and IvyCap Ventures. The investment, supported by ke...
- Fashion brand Snitch looks to open 7-8 offline stores in FY24, expand deeper into Indian geographiesMen's apparel firm Snitch plans to launch at least 7-8 offline outlets in cities and towns including Surat, Mumbai, and Pune this fiscal ye...
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