Flipkart Ventures’ Flipkart Leap Ahead (FLA) programme accelerates early-stage startups with USD 200,000 to USD 500,000 equity investments, mentorship from industry veterans, and a focus on GenAI solutions for hyper-growth.
May 2024
Flipkart’s supply chain head Hemant Badri to lead quick commerce business
Flipkart’s quick commerce, led by Hemant Badri, to launch in July with dark stores setup. Potential deals with Zepto and Dunzo didn’t progress. Swiggy integrates Mall with Instamart.
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
Known for cheap own-brand clothing and accessories, Shein is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having…
Sales glut, sweat and tears: For ecommerce, heat wrings out the worst of worries
Temperatures are a health hazard, erode delivery teams; companies are struggling to meet summer demand. Experts say extreme weather conditions will continue to drive unpredictability and increase absenteeism among gig…
The Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the government-backed network scale up operations and…
Foreign e-commerce players circumventing rules to capture Indian market: CAIT
In February this year, the retail traders’ body had written to the CCI, seeking urgent steps in the Delhi Vyapar Mahasangh case involving the anti-competitive practices of Amazon and Flipkart.
Online retailer Shein is latest to face strict European Union digital regulations
The EU’s Executive Commission said it formally classed Shein as a “very large online platform” under the 27-nation bloc’s Digital Services Act, an expansive rulebook designed to clean up online…
Product information management technology is crucial for distributing effective product content in successful B2B and retail ecommerce, so it’s no wonder that PIM vendor inriver has named another CEO with…
B2B ecommerce to help grow manufacturing, distribution sales in 2024
After only what can be called a lousy 2023 sales year for U.S. manufacturing and distribution, things are slowly looking up in 2024. And the comeback will be driven mostly…
Joann Inc. announced court approval to exit bankruptcy proceedings just over a month after it initially filed for Chapter 11 bankruptcy. The financial restructuring agreement will allow all 815 retail…