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Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...- Flipkart’s Big Billion Days event lifts Walmart International's Q3 salesWalmart, in its quarterly earnings call for the September quarter, said its international revenue increased 13% to $26.8 billion in constan...
- Retail investors pour over Rs 13,000 crore in mutual funds in June: AMFIAMFI CEO NS Venkatesh said a strong momentum towards the big megatrend of financialization of savings is being observed across the country....
- Falguni Nayar's net worth tops $6.5 billion after Nykaa’s blockbuster listingFalguni Nayar, with a net worth of about $6.5 billion, has emerged as India’s richest self-made woman billionaire after the blockbuster lis...
- Jewellery e-tailer BlueStone raises more fundsAs per latest MCA filings sourced from Paper.vc, the company has raised Rs 8.2 crore from OBOR Capital andRs 3 crore from Kalaari Capital.
- Investors are bullish on fashion etailers but only on those within striking distance of profitsIn just six months, Mr Voonik, a personalised fashion app for men, has crossed 4 million downloads and is doing 10,000 orders daily, claims...
- Xpressbees’ busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant CapitalThe funding will be used to upgrade Xpressbees’ technology and expand its operations, said Amitava Saha, the company’s CEO.
- Astro's Askmebazaar eyes billion-dollar valuationAstro has built a sizeable digital portfolio in India of over $200 million, of which Getit is the largest where it holds over 90% stake.
- Qwikcilver eyes Rs 2,000-crore gift cards by March-endThe company, which counts Amazon among its investors, expects to increase this value further five fold in the next three years.
- Shopalyst gets Rs 13 crore in venture capital funding from Kalaari CapitalShopalyst, a 16-month-old startup founded by four veterans from Infosys and currently in beta testing phase, has raised $2 million from Kal...
- Jabong H1 net revenue at Rs 410.7 croreJabong has reported net revenue of Rs 410.7 crore for the six months ended June 30, registering a modest 26.5% year-onyear growth.
- Festival strategy: Flipkart, Snapdeal to focus on dominance without eroding marginsFor Flipkart and Snapdeal, this festival season will be about establishing their dominance, but they are unlikely to give margin-eroding di...
- Billion-dollar cracker for Diwali: Flipkart, Snapdeal shore up capital for the upcoming festive seasonFlipkart is said to be raising $1 bn from existing investors at a post-money valuation of $15 bn, according to two sources familiar with th...
- Indian eCommerce not a bubble, to grow to $50 billion by 2020: UBSThe report added that etail in India is at a nascent stage and companies are trying to "Get-Big-Fast", helped by capital availability.
- Consumer Internet companies spending Rs 30-120 crore each, every month, say industry executivesSeveral industry executives that ET spoke to estimated that burn rates range from Rs 30 crore to Rs 120 crore every month at top companies.
- Mahindra Group completes the acquisition of BabyOyeMahindra Group has completed the acquisition of BabyOye, the Accel Partners and Tiger Global backed baby care products etailer that has bee...
- Facebook's co-founder Eduardo Saverin, VC fund invest $11 million in local e-commerce site Hopscotch"I have been actively following the Internet market here and I am thrilled to make my first direct investment," Saverin was quoted as sayin...
- Grocery etailer BigBasket finalising new round of financing; to bring in Rs 100 croreSilicon Valley-based Bessemer Venture Partners is likely to lead the new round, which is expected to see the valuation of the company cross...
- Fashion e-tailers like Jabong and Myntra clock up impressive numbersAs Amazon chief Jeff Bezos had said, the big success of fashion etailing is the biggest learning he's taken away from India.
- Fashionandyou revamps its operational teamOnline flash sales site Fashionandyou, which has seen its chief executive change twice since 2012, is hiring a number of senior professiona...
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