Snapdeal partners with Dailyhunt to add news content on marketplace
The integration will provide news content related to politics, sports, business, art, technology and cinema in 14 Indian languages to include non-metro users.
AI startup Inspektlabs raises $600k Pre-Series A funding round from Better Capital & Titan Capital
Inspektlabs has so far inspected 100K cars...
E-commerce companies like Amazon, Flipkart seek time to comply with labelling rule
Companies have been asked to provide feedback within a for...
Slow clearance of Chinese goods may put etailers like Amazon, Flipkart in a spot
India’s move to delay Customs clearance for goods, components and raw materials imported from China could hurt companies like Flipkart, Amazon, Snapdeal and Paytm Mall, as it puts at risk categories that contribute over 50% of sales on these ecommerce
Amazon.in & Snapdeal in notorious list is to motivate action on delayed Indian bills
India’s law on foreign direct investment (FDI) in ecommerce, too, has a clause asking for the clear display of the name, address and other contact details of a seller by online marketplaces.
CarDekho lays off 200 employees, up to 22.5% pay cut for rest
When contacted by ET, a spokesperson for CarDekho confirmed the layoffs and pay cuts, without answering specific queries or providing details.
Lockdown 4.0: E-commerce firms Flipkart, Amazon may finally resume full operations nationally
ET had reported that Flipkart and Amazon had been able to recover only 20% of their sales a week after the May 4 order that allowed them to resume business in green and orange zones.
Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup bets
Singapore-based Aroa Ventures plans to invest between $500,000 and $5 million, and is targeting opportunities across the consumer, technology and leisure infrastructure sectors, according to its website.
Snapdeal focuses on unit economics
Snapdeal co-founder Rohit Bansal said the key for Snapdeal now is to have a "product market fit" wherein it grows profitably, rather than achieving merely scale.
Etail user protection law will apply to online services like Ola, MMT and IndiGo also
The rules were only believed to be regulating large e-commerce marketplaces such as Flipkart, Amazon, Snapdeal and single-brand e-commerce portals such as those of H&M, Patanjali and Ikea.
Here's how Covid-19 could prove to be a catalyst for India’s SaaS sector
SaaS companies typically serve the enterprise market and have products that run on the cloud. The ubiquity of reliable bandwidth around the world and advances in cloud technology, both recent developments, are key to making these businesses possible.
Snapdeal resumes pan-India deliveries
The ecommerce industry was in deep crisis after government banned them from taking non-essential goods orders during the lockdown that began on March 25. However, after the fourth lockdown extension from Monday through May 31, ecommerce players were allowed to take order of all goods.
Indian startups like Grofers, Zomato start restoring salaries after pay cuts
While the country's economy has gradually begun to open up, albeit under a tight leash, the startups are beginning to reinstate the salaries that had been slashed in the April-June quarter.
E-commerce industry seeks 6-7 months to comply with consumer protection rules
E-commerce industry associations have sought more time - at least 6-7 months to comply with the new consumer protection rules, including one that requires e-tailers to mandatorily display the ‘country of origin’ of goods.
Meesho, Shopclues, NoBroker, others enter online grocery space for survival
The foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew passes to stay operational during the lockdown period.