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E-commerce

First e-commerce export hub may start operations in March: DGFT

First e-commerce export hub may start operations in March: DGFT

Thu, Jan 16, 2025

The pilot launch of these hubs has been approved for five firms -- logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre in Delhi; DHL and Lexship in Bengaluru; and goGlocal in Mumbai, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said.

From Local to National: How sellers from small towns are transforming India’s e-commerce with Qikink

From Local to National: How sellers from small towns are transforming India’s e-commerce with Qikink

Wed, Jan 08, 2025

India's e-commerce landscape is witnessing a significant shift, with small-town sellers playing a pivotal role in its growth. Leveraging innovative business models like Print On Demand (POD), and Dropshipping, these entrepreneurs are bringing their distinct products, cultural influences, and creativity to broader audiences. Small-town sellers are demonstrating that local ideas can have a far-reaching national impact, shaping the way e-commerce is perceived and operated in India.

Government launches AI tools, e-commerce safety measures to boost consumer protection

Government launches AI tools, e-commerce safety measures to boost consumer protection

Tue, Dec 24, 2024

Food and Consumer Affairs Minister Pralhad Joshi on Tuesday launched several initiatives to strengthen consumer protection, including artificial intelligence-enabled helpline and tools to detect deceptive marketing practices, while major e-commerce players pledged to enhance online shopping safety.

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Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Thu, Mar 09, 2017

India's leading e-wallet company brand Paytm on March 8 said that it will begin charging customers 2% fee if they transfer money to their Paytm wallets using credit cards.

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Tue, Mar 07, 2017

Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.

You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

You can now buy Apple’s new iPhone 6 32 GB on Amazon for less than Rs 29,000

Mon, Mar 06, 2017

E-commerce giant, Amazon began selling Apple’s iPhone 6 new 32GB variant in India for Rs 28,999. The iPhone 6 was officially launched in September 2014 along with the iPhone Plus; however, the phone offered only three storage options including—16 GB, 64GB and 128GB.

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Buy iPhone 7 for less than Rs 40,000 on Flipkart

Sun, Mar 05, 2017

Planning to buy iPhone 7 or iPhone 7 plus but don't know what to do with old iPhone?

Flipkart to hire 20-30% more this year

Flipkart to hire 20-30% more this year

Sun, Mar 05, 2017

Besides, it hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales to ensure it can meet the huge jump in demand.

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Alibaba, SAIF to invest $200 million in Paytm's e-marketplace

Thu, Mar 02, 2017

Chinese e-commerce major Alibaba, along with investment firm SAIF Partners, will pump in USD 200 million in Paytm's online marketplace unit.

Morgan Stanley trims its Flipkart valuation once again

Morgan Stanley trims its Flipkart valuation once again

Tue, Feb 28, 2017

Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley, in a US Securities and Exchange Commission (SEC) filing said that it has revised value of its each share in Flipkart Online Services at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.

Raymond to launch online tailoring concierge services in select cities soon

Raymond to launch online tailoring concierge services in select cities soon

Mon, Feb 27, 2017

Raymond will soon launch a concierge tailoring services online where a tailor from the show will visit to take the measurements after which clothing can be ordered online.

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

Mon, Feb 27, 2017

Apart from demonetisation Pokhriyal further spoke on GST, Textile Minister Smriti Irani and how US President Donald Trump's decision to end the Trans-Pacific Partnership (TPP) is beneficial to them.

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Mon, Feb 27, 2017

E-wallet major Paytm has crossed 200 million customers on Monday with the total balance in wallets amounting to Rs 899.11 crore, Vijay Shekhar Sharma, CEO tweeted. Replying to a tweet Sharma said that the company adds 7,00,000 wallet users per day.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Sun, Feb 26, 2017

Paytm founder and CEO Vijay Shekhar Sharma tweeted: "Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring. We welcome you @Paytm and @Paytm-Mall with open arms."

Less than 2% startups reach the coveted 'unicorn' status

Less than 2% startups reach the coveted 'unicorn' status

Fri, Feb 24, 2017

What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.

Snapdeal to lay off 600 people over next few days

Snapdeal to lay off 600 people over next few days

Wed, Feb 22, 2017

A Snapdeal spokesperson said: "On our journey towards becoming India's first profitable e-commerce company in two years, it is important that we continue to drive efficiency across all parts of our business, which enables us to pass on the value to our consumers and sellers."

Flipkart to use Microsoft cloud to boost e-tail sales

Flipkart to use Microsoft cloud to boost e-tail sales

Mon, Feb 20, 2017

The strategic partnership was announced by Microsoft CEO Satya Nadela on his maiden visit to this tech hub after he took over the reins of the world`s largest software firm in February 2014.

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Thu, Feb 16, 2017

When Paytm founder Vijay Shekhar Sharma used Prime Minister Narendra Modi as a front page cover on a newspaper for a Paytm advertisement advising people to use the e-wallet, many including political figures criticised the move.

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Thu, Feb 16, 2017

Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Wed, Feb 15, 2017

CEO and Founder of Paytm, Vijay Shekhar Sharma, on Wednesday at the Retail Leadership Summit said that its e-commerce wing was aiming for a ‘moon shot’ target by the end of this year.

Were Flipkart, Myntra ahead of their time with app-only business model?

Were Flipkart, Myntra ahead of their time with app-only business model?

Tue, Feb 14, 2017

When Flipkart, Myntra's parent company decided to give the latter an app-only interface, discontinuing the desktop website completely, it did so with the thought that its customers who were mobile savvy, would be more than willing to adapt to an app-only model. But they were wrong.

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Mon, Feb 13, 2017

The V-200 VR connects via a smartphone and is compatible with iOS, Android and Windows smartphones with screen sizes ranging from 4.7 inches – 6 inches.

Offline retailers re-writing norms of online retailing

Offline retailers re-writing norms of online retailing

Fri, Feb 10, 2017

Internet retail market to touch $70 billion in India by 2020. Internet channel to account for 4% revenues of retailers up from current 3.1%.

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