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AMAZON SMBHAV 2023
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...- Recent investments in India from US firms highlight scale of bilateral tech & economic engagementIndia attracted $67.5 billion in U.S. investments, highlighting deepening tech and economic ties. Google will build a $15B AI data center i...
- Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealWhile the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making ...
- Amazon to acquire fintech lending startup Axio in a $200 million all-cash dealAxio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following the successful ...
- Beauty brand RAS Luxury Skincare raises $5 million from Unilever Ventures, othersRAS Luxury Skincare has raised $5 million in funding led by Unilever Ventures. The company plans to expand its retail presence and invest i...
- Amazon Multichannel Fulfilment expands automation capabilities, pay on delivery for sellersAmazon's MCF service simplifies order processing, tracking, and shipping from a single inventory pool, eliminating the need for separate wa...
- Consumer-lending fintechs report surging numbers in FY24; slowdown emerging in current fiscalFintech firms in consumer lending such as Navi, Kreditbee, Moneyview, and Fibe reported strong profits and revenue growth in the last finan...
- Ahead of festive sale, Flipkart pokes fun at Amazon; get all the details here!Both Flipkart and Amazon will kick off their annual flagship sales on October 8.
- Licious sees losses narrow 38%, revenues advance 9.5%Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials...
- Festive season may see sales growth of 18-20% to $11 billion: reportThis is higher than the gross merchandise value (GMV) growth seen by ecommerce marketplaces during the first half of the year but less than...
- Smbhav 2023: Amazon partners with India Post, Railways for international deliveriesSmbhav 2023 brings together industry leaders and policymakers to discuss various ways to improve the prospects of small and medium business...
- Amazon extends warehousing infrastructure to sellers outside its platformAmazon on Thursday announced the launch of a new product, Multichannel Fulfillment, which will enable sellers to run their online businesse...
- Amazon signs pact with India Post for MSME exportersMinister of state for science and technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Po...
- Smbhav 2023: Amazon launches virtual AI assistant 'सहAI' for small sellersThe AI tool can also automate the process of filling out product description and help sellers to understand customer feedback better by pro...
- ETtech Deals Digest: Startups raise $5.5 billion in first six months of 2023, down 72% YoYThe funding landscape for startups witnessed a 72% drop compared to the previous year. In H1 2022, $19.5 billion was raised across 1,576 fu...
- ETtech Deals Digest: Indian startups raised $617 million this weekBetween May 13 and 19, 2023, funding activity saw a 2.6% decline from the same period last year, when startups had mopped up $634 million a...
- ZestMoney founders to exit troubled fintech; Amazon hikes seller fee, lays off staff in IndiaCapping months of twists and turns at the troubled fintech startup ZestMoney, its founders Lizzie Chapman, Priya Sharma and Ashish Ananthar...
- ETtech Deals Digest: February driest month for Indian startups in a year, funding drops 84% YoYIndian startups raised 41% less money in February than in January, when they had raised $1.38 billion across 157 rounds, whereas in Februar...
- Age of consent fixed at 18 in data protection law; growth at all cost not a sustainable strategy: ShareChat CEOAfter elaborate discussions with stakeholders, the Digital Personal Data Protection (DPDP) Bill has fixed the age of consent at 18. This wo...
- Swiggy or Zomato?It’s a question we often find ourselves pondering come dinner time these days: Swiggy or Zomato? SoftBank has made its choice — and run up ...
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