Page 6 - E-commerce Companies

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises

Facebook-backed Meesho targets early 2023 for IPO: Report

In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group

Alibaba reports smallest rise in quarterly revenue, misses expectations

The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

India to soon become 5th largest beauty market: Nykaa chairperson

FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter

Nykaa shares down nearly 8% as net profit declines 57% in December quarter

On Wednesday, the firm reported about a 57 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore in the third quarter ended December 31, 2021

Nykaa profit drops 59% to Rs 28 cr in Q3, revenue up 36%

The company's consolidated gross merchandise value grew 26 per cent sequentially and 49 per cent on a YoY basis to Rs 2,044 crore in Q3 of FY22

Meesho adopts boundaryless workplace model to attract talent

Earlier, Meesho also introduced employee friendly practices like 30-week gender-neutral parental leave policy, gender reassignment leave and 10-day reset and recharge policy

Has 2021 been a watershed moment for India's e-commerce industry?

New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year

B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital

B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management

CARS24 raises $400 mn in latest round of funding from investors

Leading e-commerce platform for pre-owned vehicles CARS24 on Monday said it has raised USD 400 million (around Rs 3,040 crore) from various financial institutions

Over 500,000 complaints registered against e-commerce firms in Apr-Nov

A total of 5,12,919 complaints pertaining to e-commerce have been registered in the National Consumer Helpline (NCH) from April 2019 to November 2021

These tech firms are taking the e-commerce battle to India's hinterlands

How social commerce firms are democratising e-retail by tapping community group buyers from tier-2 and smaller towns across India

GoKwik raises $15 mn in Series A funding round led by Sequoia Capital

The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products

Nykaa IPO: Brokerages recommend subscribing, but cite valuation concern

The much-awaited IPO of FSN E-Commerce Ventures, which owns online e-tailer Nykaa, will open for subscription on Thursday in a price band of Rs 1,085 - Rs 1,125

US Senator Warren seeks Amazon breakup after India rigging reports

Warren, a long-time critic of Amazon, said "these documents show what we feared about Amazon's monopoly power" that the company is willing and able to rig its platform to benefit its bottom line

Flipkart Wholesale rolls out new credit program to support kiranas

Flipkart Wholesale, the digital B2B marketplace of Flipkart, has announced the launch of credit programs which aim to help kiranas manage their working capital requirements and grow their business

Reliance backs govt on proposed e-commerce rules as Tatas oppose

Stand on marketplace draft at variance with Tatas

Centre mulls changes in draft e-commerce rules, give clarity on flash sales

Revised norms will clear ambiguity on proposed amendments, say officials

Cricket legend Virender Sehwag's brand 'VS by Sehwag' gets into e-commerce

The brand is set to acquire 5 mn customers across India in 5 years; is looking to achieve Rs 100 cr revenue via Omni-channel retail, over next 3 years

Bewakoof eyes Rs 1,000 cr revenue in 2 yrs, expands into beauty segment

Bewakoof expects its revenues to touch Rs 1,000 crore in the next two years as it adds new product categories and strengthens its retail presence across various digital platforms.