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Walmart reiterates annual export goal of $10B from India by 2027

Thimmaya Poojary ( ) Global retailer Walmart has reiterated its commitment to source goods worth $10 billion from India annually by 2027....

Here’s how Flash helps ‘power shoppers’ manage online orders and grab rewards along the way

Sowmya Ramasubramanian ( ) Manoj is an avid online shopper. Right from bread and clothes to smartphones and furniture, he buys everything...

Cautious Flipkart continues to hire

Team YS ( ) Hello,Guess what? Parrots are video calling each other… and loving it.Scientists from Scotland and America helped pet parrots...

Cautious Flipkart continues to hire amid uncertainty, expects attrition

Payal Ganguly ( ) In a year rife with layoffs, Flipkart expects hiring to increase albeit only marginally at an aggregate level....

Fintech funding fell 55% in March quarter; Y Combinator, LetsVenture top investors: Tracxn

Sowmya Ramasubramanian ( ) Funding in fintech startups plunged 55% in the January-March quarter of 2023 from the same period last year,...

Social media, live video, group buying the next important frontier for ecommerce: BCG-Matrix report

Sowmya Ramasubramanian ( ) Online commerce is set to benefit from newer formats like social media, live video, and group buying as...

PhonePe launches hyperlocal shopping app, Pincode

Naina Sood ( ) Making its much-awaited entry into online commerce, digital payments company PhonePe has launched a dedicated hyperlocal consumer app...

Ecomm, food delivery companies may be barred from cross-selling own services: ET

Aparajita Saxena ( ) The Indian government may prohibit ecommerce and food delivery companies from selling products and services of related parties...

Flipkart appoints Ravi Krishnan as head of Flipkart Labs

Akanksha Sarma ( ) Walmart-owned ecommerce firm Flipkart has appointed Ravi Krishnan as the new head of Flipkart Labs. Krishnan's appointment as...

PhonePe raises $200M from Walmart; Univest secures $1.5M in seed funding

Team YS ( ) PhonePe raises $200M in additional funding from WalmartPayment and financial services unicorn PhonePe has raised an additional $200...

Tiger Global marks down last year’s venture bets by 33%: Report

Prasannata Patwa ( ) Tiger Global wrote down one-third of its value of venture capital investments made in private companies in 2022....

PhonePe hits $1 trillion in total payment value; secures payment aggregator license

Payal Ganguly ( ) Walmart-backed payments app PhonePe has said it reached an annualised Total Payment Value (TPV) of $1 trillion (Rs...

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