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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...- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- Listed new-age companies use AI to tune their daily ops engineCompanies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, re...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil BaruaDelhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite pro...
- Shadowfax operating revenue up 74% YoY in Q4, posts net profit of Rs 56 croreNew-age logistics firm Shadowfax saw its operating revenue surge 74% year-on-year to Rs 1,237 crore in Q4FY26. The company achieved a net p...
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- Mamaearth parent Honasa Consumer may become first new-age company to announce dividendHonasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first...
- Delhivery stock falls 3.5% as Amazon launches global supply chain servicesDelhivery shares dipped as Amazon unveiled its global supply chain services, intensifying competition in India's logistics sector. The e-co...
- Logistics firms enter last mile for IPO delivery, rev up for Rs 9,000 crore issuesIndia's logistics sector is poised for a significant IPO cycle, with several companies preparing to raise an estimated ₹8,000-9,000 crore. ...
- Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
- Fuel volatility accelerates EV leap in last mile delivery for ecommerce, logistics firmsEcommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustai...
- Expect e-commerce to grow between 15-20% year-on-year: Delhivery CEOET reported on May 11 that growth in shopping across ecommerce platforms had been slower than anticipated, citing industry executives, mult...
- Delhivery invests in ecommerce SaaS startup Vinculum in direct-to-consumer pushThe investment is the first part of a potential two-stage deal, under which Delhivery can further increase its shareholding in the company ...
- Delhivery’s chief customer experience officer Abhik Kumar Mitra resignsMitra was the chief executive of Spoton — a logistics firm Delhivery acquired in 2021 before its initial public offering (IPO) for about $3...
- Delhivery’s ecommerce shipments market share slips to 21% in FY23Delhivery's market share is expected to further fall to 19% by FY30, according to a report by brokerage firm Bernstein.
- Delhivery picks up Aramex India bizEcommerce logistics company will take over Aramex local ops from March 1
- E-commerce logistics services company Delhivery raises $35 million in third roundE-commerce logistics services company Delhivery has closed a $35-million round of funding, led by Multiples Alternate Asset Management.
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