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FASHION ECOMMERCE IPO
ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil BaruaGurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until th...- In most aggressive phase of India expansion; here for long-term market wins: Amazon India headAmazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already commi...
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
- Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
- Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
- Meesho expanded ecomm beyond India’s top 5%, say executives, backersFounder and CEO Vidit Aatrey, reflected on the early days of ecommerce in India, noting that online shopping and buying branded fashion and...
- Snapdeal founders Kunal Bahl and Rohit Bansal increase stake in Unicommerce EsolutionsAccording to filings with the BSE, Kunal Bahl and Rohit Bansal have bought a total of 93,500 shares in the software company Unicommerce Eso...
- Long-term investors may review Sai Silks after IPOThe company's performance was adversely impacted during FY21, the year of the pandemic. Its revenues rose from ₹677 crore in FY21 to ₹1,351...
- Shares of Nykaa, Delhivery and other new-age startups sink as lock-in expiry nearsShares of FSN E-Commerce Ventures, which runs the fashion portal Nykaa, plunged 6.3% to close at Rs 983.55, the lowest closing since its li...
- Scaling up grocery and Shopsy will be priority, Flipkart CEO saysNewer ecommerce players are growth hacking rather than capability building, Flipkart CEO Kalyan Krishnamurthy says as he does not see custo...
- What Indian ecommerce will look like in 2022New kids on the block are challenging dominant ecommerce players and expanding deeper into the country to win over new users and push them ...
- After doubling over issue price, Nykaa shares may rally another 25%: UBSThe broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly 2 per cent on Wednesday morning. T...
- Nykaa IPO is fully subscribed on Day 1The Rs 5,352-crore IPO of fashion and beauty eCommerce platform Nykaa has been fully subscribed on the first day of bidding. The offer has ...
- Nykaa raises Rs 2,400 crore from anchor investorsFashion and beauty ecommerce platform Nykaa has raised Rs 2,400 crore from a bunch of anchor investors, including Canada Pension Plan Inves...
- Labels line up for a fashion parade on Dalal StreetBiba Apparels is another exclusive fashion retailer seeking to sell stock in an initial public offering (IPO), and several of these labels ...
- Etailers to focus on physical stores as they prepare to get IPO-readyCompanies such as Pepperfry, Myntra, and FirstCry are investing heavily in setting up physical stores to fuel their next phase of growth.
- Jabong investors Rocket Internet and Kinnevik to merge it with 4 other global fashion e-tail firmsRocket Internet also operates other consumer Internet ventures in India such as furniture e-tailer Fab Furnish and food delivery service fi...
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