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Nandan Nilekani-backed ShopX files for bankruptcy“Since the business model has not succeeded, it has not been able to generate enough cash flow from operations or raise new capital and is ...- Nandan Nilekani-backed ShopX forays into consumer segmentThis will allow consumers to discover local stores and offers via the app, and will partner with brands and offline retailers. The app will...
- Physical retailers adopt technology but raising capital still a challengeThe pandemic crisis pushed malls to be innovative and opt for e-commerce, shrinking time to value cycles with rapid digital adoption. “B2B ...
- Drone delivery trials begin this weekIn today’s ETtech Morning Dispatch: India to start testing drone delivery this week; Byju’s is India’s most valued startup; and PhonePe-Ind...
- A Bengaluru venture wants to replicate UPI's success in mobility, ecommThe initial hypothesis of the foundation was around fixing urban mobility. At its core, it felt interoperability across mobility platforms ...
- ShopX launches new digital distribution and marketing platform for consumer brandsCurrently, ShopX provides a platform for retailers to order directly through its platform, in addition to providing a dashboard to maintain...
- Supply chain firms help kiranas meet spike in demandThese firms are helping corner stores find solutions to cater to a demand surge from customers during the ongoing 21-day national lockdown....
- DGCA picks five consortiums to take its drone plan airborneThe move is part of DGCA's beyond visual line of sight (BVLOS) drone experiments.
- Amazon may add kirana stores to its cart to boost retail playAmazon has tied up with ShopX to digitally connect kiranas with large retailers and FMCG companies.
- The enablers: These changemakers are helping millions, breaking barriersAcross India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing...
- Large retailers wooing kirana stores with PoS machines 2.0Reliance Retail has been testing a PoS project with 1,200 mom-and-pop outlets for the past couple of month.
- Udaan raises $225 million from DST Global, Lightspeed to become India's fastest UnicornThe company, founded by former executives of Flipkart, is in advanced talks to raise $225 million from investors.
- Myntra to use the power of kiranasThe Bengaluru-based firm will display some of its products in kirana outlets, like FMCG firms do by hiring dedicated shelves at such stores.
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