Reliance to invest $42.3 million in Indian e-commerce platform Fynd

Reliance Industries Limited (RIL) is acquiring 87.6% stakes in Fynd, a Mumbai-based…

Razorpay acquires Thirdwatch — makers of AI driven fraud prevention tech, for undisclosed amount

Mastercard-backed digital payments upstart Razorpay, has announced its first acquisition today. The…

Amazon isn’t obligated to offer a phone helpline anymore in the European union

Looks like you won’t find customer phone support for Amazon in Europe…

Flipkart GOQii discounting row ends

According to a report coming in from ET, Flipkart has settled a…

Nykaa has raised $14 mn from TPG Growth Capital, valued at $724 mn

Nykaa, the fashion and beauty products ecommerce upstart, has raised a fresh…

Jabong lays off 200-250 employees, merges operation with Myntra

The exit of Flipkart co-founder Binny Bansal seems to have created imbalance…

Jason Kothari quits e-commerce platform Infibeam as President after just five months

Jason Kothari, who joined Infibeam as a president has called it quit…

Amway takes Flipkart to court for selling its products ‘illegally’

Amway has taken the Indian online marketplace Flipkart to court, accusing the…

Binny Bansal underscores the “Walmart overpaid for Flipkart” chatter

Earlier this year, India-based online marketplace Flipkart was acquired by US-based retail…

Retail is making the transition from offline to online, smartphones could be it’s next, exciting frontier

Millennial and older generations can probably remember a time when the mention…

Naspers invests $71 million in Flipkart to take its stake to 16.5%

South African technology investor Naspers, which is an existing investor in homegrown…

PremjiInvest writes letter to Snapdeal, seeking clarification over acquisition deal

PremjiInvest, the investment office of Wipro chairman Azim Premji, owns a minority share…

Flipkart’s ‘Own Your Dream Phone’ sale offers hefty discounts on premium smartphones

Flipkart has announced that it will be hosting yet another sale, this…

Zivame co-founder Richa Kar steps down, company pivots to marketplace model

Zivame — the online lingerie retailer, has undergone top-level management restructuring a…

Infibeam posts 10.4% QoQ decline in revenue, announces merger of CC Avenue with them

Infibeam, India’s first e-commerce company to get listed, is now planning to…

Snapdeal plans to shrink workforce as it looks towards business consolidation

Due to slowed growth and ongoing battles in the Indian e-commerce ecosystem,…

Flipkart follows Amazon’s lead, starts diverting focus towards groceries business

Following in the footsteps of Amazon, Flipkart, the homegrown e-commerce platform, is…