However, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.

Bansal’s exit marks the end of the founding entrepreneur’s association with one of the most storied Indian consumer internet startups over ...

Digital payments major PhonePe is looking to close a commercial arrangement with ZestMoney after deal talks between the two companies fell ...

Over the past decade many venture-backed ecommerce startups have raised capital only to subsequently shut down, from Letsbuy and Urbantouch...

The company launched Pincode – a hyperlocal ecommerce platform that enables online commerce between local offline stores and customers in t...

Fintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app...

The merger was expected to create an online payments gateway juggernaut that would process $147 billion in annualised total payments value ...

To launch grocery side shopping on ONDC; sets aside $15 million for biz

It made attempts previously with offerings such as Switch, loosely based on the ‘super app’ concept, and Stores, which was aimed at facilit...

At present, Google's talks are “exploratory” and have spanned across different businesses within Google including search and payments, acco...

Edtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...

At least 30 firms are learnt to have submitted their proposals, sources said, indicating that the number of applicants could increase befor...

Flipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...

PhonePe's Switch & Google Pay's Spot are exploring alternative monetisation route to beat WhatsApp.

This comes amid reports that Flipkart is looking at tapping into the US equity market by 2022.

CEO Krishnamurthy tells top team to focus on compliance and profitability.

Walmart said total retail will grow at a compounded annual growth rate (CAGR) of around 9% between FY18-23 while Indian e-commerce market w...