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E-Commerce

Latest updates, insights, and trends from the e-commerce industry — covering online retail, digital marketplaces, startups, logistics, and consumer behavior shaping the future of shopping.

Xirify is on a Massive Integration Spree to Bring A Sustainable, Cost-effective Online Shopping Solution

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Xirify- a Pune-based hyperlocal, quick commerce App for ordering products and services announced integration of Cashfree Payments, Petpooja, Gupshup, Exotel, and Brozo (Previously known as Wefast), to become a one-stop order management solution for business partners. Having created a mark for itself in the marketplace which is to a large extent dominated by big players, … Read more

Walmart backed Flipkart Invests $116 Million in Myntra

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Walmart-backed-Flipkart-Invests-116-Million-in-Myntra

According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more

Reliance Retail Acquires 89% Stake In Clovia

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Reliance Retail Ventures Ltd (RRVL) announced on Sunday that it had purchased an 89 percent ownership in Purple Panda Fashions Pvt. Ltd, which owns the Clovia girls’ innerwear and lounge wear brand. The transaction included both a secondary equity purchase and first funding. Clovia’s founding group and management will own the remaining portion, according to … Read more

FarMart acqui-hires Subjimandi.app to scale its food supply chain across India

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FarMart acqui-hired fruits and vegetables (F&V) logistics platform, Subjimandi.app to optimize our logistics and expand our product portfolio by entering into the F&V categories. Subjimandi.app was set up in 2020 to replace the physical marketplace and has a strong network in India across the states of Maharashtra, Telangana, and Andhra Pradesh. Their approach has been … Read more

UpScalio, an e-commerce buy-and-build company, raises $15m in a pre-series-B round, led by Gulf Islamic Investments

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UpScalio, a digitally led ‘House of brands’ in the utility consumer goods space, has raised $15m in a pre-series-B round, led by Gulf Islamic Investments, with participation from a consortium of lenders including Northern Arc and Unity bank. This fund raise announcement comes shortly after UpScalio’s mega series-A round fundraise of $42.5M in August last … Read more

SugarBox partners with Amazon Pay and Simpl to enable digital payments

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SugarBox Networks has partnered with Amazon Pay, a digital payment platform and Simpl, a platform that empowers merchants and customers with commerce solutions, to enable payments in line with the progressive Digital India vision. By facilitating payments across geographies, this partnership edges closer to building an innovative solution for consumers, across the underserved and unserved … Read more

Wonderchef Forays into Homeware Category, Plans to Invest INR 100 Crore in 3 years

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India’s leading kitchen appliances brand, Wonderchef, has announced its foray into the homeware category with the launch of a wide range of exclusive products that will provide exquisite dining experience. The extensive range covers all kinds of tableware, barware, cutlery, glasses, linen, serve ware, and dinnerware in bone china, fine bone china, and stoneware. Talking … Read more

FedEx and Microsoft announce new cross-platform logistics solution for e-commerce

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FedEx Corp. (NYSE: FDX) and Microsoft Corp. (Nasdaq: MSFT) announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, merchants and brands. The companies … Read more

Flipkart Group acquires electronics recommerce company Yaantra

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The Flipkart Group today announced the acquisition of Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance after-sale offerings for its customers in the smartphones segment. Yaantra, incorporated in 2013 by Jayant Jha, Ankit Saraf and Anmol Gupta, is a leading brand that repairs and sells refurbished consumer tech products such as … Read more

Mensa Brands acquires home-grown denim brand, High Star

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Mensa

Mensa has acquired High Star, a digital-first, home-grown denim brand from India that caters to fashion-forward and digital-first consumers, adding another promising name to its storied and fast growing ‘House of Brands.’ High Star, which was founded in 2012, has grown into a prominent denim brand in the digital world, with a diverse assortment of … Read more

Meesho Decoding India’s Mid-week Shopping Spree

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Meesho, India’s fastest growing internet commerce platform has transformed its business, scaled new milestones and penetrated deeper into the most under-served parts of the country. From launching an industry-first 0% seller commission model to enabling 17 million entrepreneurs, the company continues to bring more MSMEs and undiscovered customers from India’s far corners online, becoming the … Read more

Lenskart Plans To Expand To Over 75 Stores in Southeast Asia by 2022

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Lenskart, a leading omni-channel eyewear retailer with a strong presence in Singapore, today unveiled its plans to expand its network of physical stores across Southeast Asia to 75+ by next year. Lenskart will also set foot into new markets- Indonesia and Vietnam by March 2022. The expansions follow on the back of the company’s recent expansion in Singapore with the opening of Lenskart’s 20th store … Read more