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Refurbished electronics firm Grest secures strategic FDI from Japan’s ICMGGrest, a refurbished electronics company, has received investment from Japan's ICMG. This marks a significant early-stage cross-border inve...- 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...
- Flipkart launches pilot programme to assess feasibility of long-haul electric trucksThe pilot programme for long-haul logistics, in partnership with Golden Aero Logistics, is a part of Flipkart's efforts to explore EV viabi...
- ETtech Deals Digest: Startup funding rises 52% on year to $220 million this weekThis week, startups raised funding through 12 rounds compared to 29 in the year-ago period, when they raised a total of $145 million, accor...
- Recycling startup RecommerceX raises $3.6 million in round led by Accel, Kae CapitalThe chemical recycling and sustainability startup will use the funds to expand the team, develop tech platform, push R&D for advanced mater...
- Zoomcar brings on board Flipkart's Adarsh Menon as presidentIn his new role, Adarsh Menon will be responsible for growth, operations, and customer experience at Zoomcar. Menon, who has more than 22 y...
- Flipkart aims to create over 1 lakh seasonal job opportunities ahead of festive seasonFlipkart, the Indian e-commerce marketplace, plans to create over 1 lakh seasonal job opportunities in its supply chain to meet demand duri...
- Mahindra Logistics, Flipkart collaborate for integrated line haul solutionsThe fleet deployed by Mahindra Logistics will mainly facilitate Flipkart's e-commerce parcel movements through hub-to-hub operations.
- Flipkart rejigs its top deck amid exits and cost cuttingTypically, Flipkart rejigs its VP-level roles every three years to allow executives to head different businesses, according to another pers...
- South Korea's Naver to acquire US fashion social commerce Poshmark for $1.6 billionPoshmark is the largest fashion consumer-to-consumer platform in North America, with 80 million registered users led by Millenial and Gen Z...
- Recommerce platforms trying to expand beyond smartphones face challenges"The fact remains that smartphones are still a very large category on its own, and all of them combined, will remain minuscule compared to ...
- High smartphone prices fuel demand for refurbished smartphonesCounterpoint Research estimates growth for the refurbished phones market to grow 13% on year this year, compared with 25% in 2021. The rese...
- Flipkart group acquires electronics recommerce platform Yaantra for $40 millionWith the acquisition of Yaantra, Flipkart said it will give the company greater access to affordable refurbished smartphones.
- Cashify records 40% growth in mobile buyback segment in 2020, eyes offline expansion“While there was a downsizing of pop-up stores, these new outlets opened up avenues for smartphone users to simply walk in and get all smar...
- Thinning Wardrobe: How lockdown is helping recommerce take shape in IndiaSecond-hand, subscription and rental are the top three fastest-growing retail categories.
- What to do with your old mobile phone? Mandeep Manocha will give you cash in exchange"Currently, we are handling 150,000 phones per month. Last year in May, this number was at 50,000 and in the next 12 months we plan to doub...
- Cashify gets $12 million in Series-CThe Series-C round was led by CDH Investments and MorningSide Group, with Chinese recommerce firm AiHuiShou participating as a strategic in...
- China’s recommerce giant AiHuiShou looks to cash in with Cashify dealThe partnership will enable Cashify to tap into AiHuiShou’s technology as also bring about operational efficiencies into its business as it...
- Amazon launches first edition of AmazeWIT conference for women techiesThe conference is geared towards women who are considering a profession in technology, or those already flourishing in the sector.
- Surpluss.in partners with India Post to expand delivery serviceSurpluss.in has partnered with India Post to expand its delivery service across the nook and corner of the country, including providing cas...
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