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Anup Gupta exits Nexus, latest in a wave of senior VC departuresAnup Gupta’s upcoming departure from Nexus Venture Partners in June 2024 marks the end of nearly 17 years with the firm, contributing to a ...- PE firm Advent shortlists buyers to sell stake in 'Crax' maker DFM FoodsAdvent International has shortlisted Partners Group, ChrysCapital and EQT to sell its 96.63% stake in Crax maker DFM Foods, with ITC and Go...
- Page Industries discloses 'inadvertent' FEMA violation, shares tankPage Industries said it inadvertently carried out retail trading of imported Jockey- and Speedo-branded products through ecommerce platform...
- Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecastsThe season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by ...
- Online festive sales miss estimates; Munjal steps down as Unacademy CEOHapppy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morn...
- Quick commerce delivers huge festive triumph for D2C brandsBeauty brand Pilgrim and healthy snacks brand Open Secret both doubled their sales year-on-year (YoY) during the festive period, driven by ...
- UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
- OpenAI lets businesses claim ChatGPT profiles, adds AI agents for US ecommerce firmsOpenAI said on Tuesday it was launching "Businesses" in beta within ChatGPT, giving companies a way to claim and manage their profiles, upd...
- UPI volume, value post strong growth during Diwali as festive spending lights up digital paymentsThis year, November 6, which coincided with Dhanteras, recorded UPI transactions worth Rs 1.37 lakh crore, the second-highest daily transac...
- Indian organisations on edge as sites fail to Captcha AI intrudersPersonal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US b...
- Diwali rush lifts rapid delivery orders for last-minute shopping, giftingPlatforms such as Blinkit, Zepto, Instamart, Amazon Now and Flipkart Minutes revamped their apps for Diwali, introducing interactive interf...
- Cars to clogs: Dhanteras brings out best retail day of year; takes festive value sales up 20%Buoyant festive demand in Dhanteras, India’s largest sales period, will be a relief to companies and retailers as it comes in the backdrop ...
- Honasa Consumer revenue grows 36% in Q2, highest since listingThe company’s net profit rose 87% to Rs 73 crore in the second quarter of FY27, compared with Rs 39 crore in the year-ago period. Earnings ...
- Stop AI from Eroding Your BrandArtificial intelligence is changing how companies operate and how customers experience their brands. New research suggests that companies w...
- Shiprocket posts maiden profit on strong core business growthThe company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
- New GST norms to simplify pan-India expansion for D2C brandsAmong a set of changes approved by the 57th GST Council meeting on October 8, are new rules that allow brands to declare an ecommerce platf...
- New-age logistics companies see rapid delivery as key revenue driverDelhivery and Shadowfax, two of India’s largest third-party logistics companies, are expanding their same-day and next-day delivery service...
- Reliance Retail says profit margins will improve from next year as its online business investments pay offWith ongoing investments in ecommerce, Reliance Retail expects better Ebitda margins. The company is enhancing dark stores to ensure quicke...
- Delhivery swings to Rs 41 crore profit as revenue rises 20% in Q2The Gurugram-based company posted a net profit of Rs 41 crore during the three month period, compared to a Rs 50 crore net loss in the same...
- New GST registration route allows online sellers to expand using ecommerce warehouses as local basesStarting November 1, small online sellers will have a new option for GST registration. They can use ecommerce warehouses as local bases in ...
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