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ECOMMERCE INDIA
Meesho Q1 Results: Loss narrows to Rs 133 crore; marketplace revenue rises 48%Meesho narrowed its June-quarter loss to Rs 133 crore as marketplace revenue surged 48% and user engagement strengthened. Better delivery c...
Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
Govt opens inventory-based e-commerce to foreign direct investment for exports onlyThe government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the e...
Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscapeEternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter...
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
Quick commerce leverages cart clout to draw higher margins from companiesQuick commerce platforms are increasing demands for higher margins and marketing funds. Consumer goods companies face rising costs for bett...
Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennialsIndia's speciality tea market has tripled to ₹1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea pre...
FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
RIL's Q1 operational revenue hits milestone with 25% YoY jumpReliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, cross...
ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
Meet the Indian startups that joined the billion-dollar club in H1 2026The startups span artificial intelligence, fintech, spacetech, and proptech, portraying the growing diversity of India’s startup ecosystem....
BigBasket’s profitability plan; UnifyApps eyes $100 million fundingHappy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETec...
ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
Harleys, AI PCs, premium TVs: Amazon Prime Day suggests India's premiumisation story is moving beyond metrosAmazon India's Prime Day sale revealed significant premium product demand from smaller cities. Sales of luxury beauty and grooming items sa...
Sellers file anti-trust complaints against Flipkart with CCIFiled by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, ...