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FRAUDULENT ORDERS MYNTRA
By abusing Myntra's refund feature, scammers earn over Rs 1 croreMyntra, a Flipkart subsidiary, reported a loss of ₹1.1 crore in Bengaluru and an estimated ₹50 crore nationwide due to a refund scam. Fraud...- Myntra fined for not delivering gold, missing credit balance; consumer court says 'malafide intentions, deficiency in service'Bengaluru Urban consumer disputes commission ruled against Myntra for service deficiencies and unfair trade practices in cases involving Ro...
- Top credit cards with airport lounge accessHere is a list of credit cards with airport lounge access from the top 14 banks in India.
- Startup funding uptick in Nov but investors stay chary; how logistics fleets are driving record EV salesThe growth in funding has mostly been led by early and growth stage rounds, which crossed $1 billion in November after more than five month...
- Fidelity may lead Meesho's new $550-600M round taking valuation up to $5BRival DealShare also closing new financing at $1.5–1.8 billion valuation as social commerce players attract big investments
- Fashion ecommerce firms like Flipkart, Myntra uncover fake product returnsPeople would order branded clothes, stitch the labels on inferior locally made replicas, and claim a refund on the imitations citing bad fi...
- Paytm Mall makes space for more offline sellers, brands"I believe in the long term this will be about how we helped Indian retailers win against large monolithic online retailers," said Amit Sin...
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