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ECOMMERCE PLATFORMS
Ecommerce order volumes up 31% during Independence Day salesThe insights, derived from order items processed on the company's Uniware platform between August 6 and 14, also revealed a 30 per cent jum...
Shiprocket IPO: Important numbers to know before the listingShiprocket is set to make its much-anticipated stock market debut on August 19, following a strong response to its initial public offering ...
ETtech Deals Digest: Yulu, Centricity lead weekly funding at $109 million, down 50% on-yearIndian startups raised $109.4 million across 11 funding rounds during the week ended August 14, led by electric mobility startup Yulu and w...
From discovery to purchase: How creators shape Gen Z's festive shoppingAbout 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conduct...
Astrotalk announces Esop buyback at $1 billion valuationAstrotalk has announced an employee stock option (Esop) buyback for more than 100 employees at a $1 billion valuation, funded from its prof...
Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.
Electric mobility startup Yulu raises $93 million in equity, debt to expand EV fleetThe Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service h...
Shiprocket raises Rs 727 crore from anchor investors ahead of IPO launchIn an impressive funding round, Shiprocket has garnered ₹727 crore from anchor investors in anticipation of its IPO. Esteemed domestic and ...
Shiprocket raises Rs 727 crore from anchor investors ahead of IPO launchThis comes ahead of Shiprocket's IPO launch on August 12. The public issue, which is Rs 1,617 crore in size, will value the Temasek and Ber...
ETtech Explainer: Why is Meesho building a low-cost logistics network for grocery?Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard to scale and incurred high cash b...
Festive rush: Quick commerce firms to hire 35-40% more temp workers, demand surges for tech-savvy talentQuick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increase...
Macros weigh on ecommerce sales; District CEO on growth planHappy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Mor...
Mid-year ecommerce sales set to cool as costs heat upOnline sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boo...
Warburg set to buy Seacod-maker Universal NutriScience for Rs 2800 croreWill be 4th acquisition for the US private equity giant in India’s healthsector in four months. Kedaara to make 5x rupee returns on exit.
Shiprocket trims IPO by 30% to Rs 1,617 crore; issue opens August 12Shiprocket now aims to raise Rs 885 crore through a fresh issue, down from the Rs 1,100 crore proposed earlier, while the offer-for-sale (O...
Cash flow financing firm GetVantage raises Rs 63 crore in equity, debtMumbai-based GetVantage secured sixty-three crore rupees in a funding round. This capital infusion was led by Rajeev Ahuja and SanRaj Group...
Quick commerce braces for Rakshabandhan rush as capacity strains emergeThe surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces such as Amazon and Flipkart. Brands...