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Japan's MUFG Bank, Koch Group seek CCI nod to acquire minority stakes in ShiprocketAccording to a notice, MUFG Bank, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc, has sought CCI nod for acquisition of a...
NPCI flags misuse of virtual IDs; q-comm’s festive playHappy Thursday! The NPCI is taking strict action against unauthorised use of virtual IDs. This and more in today’s ETtech Morning Dispatch.
Insourcing threat to IT; P2P lenders dial RBIHappy Wednesday! The growing trend of companies bringing outsourced technology work back in-house is impacting IT firms. This and more in t...
Shiprocket MD & CEO Saahil Goel draws inspiration from Steve Jobs for fashionSaahil Goel, MD and CEO of Shiprocket, cites Steve Jobs as his fashion inspiration. Emulating Jobs' iconic style, Goel finds motivation in ...
Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
ETtech State of Startups Survey 2022; revisit this year’s top-level movementsIndian startups have had a torrid 2022, and it shows. In our annual survey on the state of homegrown startups, which took place during a cr...
Brands deal with necessary pain of reverse logistics as Indians return 30% of e-commerce purchasesOnline sellers, especially the smaller ones, struggle with the complexities of reverse logistics. While it is unavoidable, they can manage ...
Govt to plug Aadhaar gaps, curb misuse; Udaan ‘on track’, CEO tells staffUIDAI also plans to integrate its data with death registration records to prevent people from using Aadhaar numbers of deceased citizens to...
Flipkart's sweet Diwali; chatbot firms cheer 'WhatsApp commerce'The Flipkart Group, including fashion portal Myntra, bagged a market share of around 60% during this year's Diwali sales, according to data...
Ola Electric raises $200M; Meesho’s valuation nears $5BOla Electric, the company that’s on a mission to ensure that no petrol two-wheelers are sold in India after 2025, said today that it has ra...
Shiprocket looks to land $200m; ecomm firms begin festive season hiringShiprocket, a company that collects goods from online businesses and sends them to delivery companies, is finalising a new round of funding...
Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
Essential item demand surges with Unlock 1.0 as their shipment volume goes higher: ReportThe shipment volume of essential products was nearly three times higher after the relaxation in lockdown from Unlock 1.0 and over 40 per ce...
Startup mantras from entrepreneurs like NR Narayana Murthy, Richard Branson, Kunal Bahl and othersAccording to research firm PrivCo, VC funding in startups has more than tripled, from $1.06 billion in 2013 to $3.86 billion in 2014.