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IndiaMart-backed B2B procurement marketplace Procmart raises $10 Mn-thumnail

IndiaMart-backed B2B procurement marketplace Procmart raises $10 Mn

According to the startup, MRO is a $650 Bn industry globally and $18 Bn in India, with growth outpacing that of the manufacturing sector. Sixth Sense Ventures’ backing to the

Industry

Nov 21, 2022

Government to issue a standard framework to counter fake reviews next Monday-thumnail

Government to issue a standard framework to counter fake reviews next Monday

Under the new framework, the Centre will direct e-commerce players to ask consumers to add information such as bills, pictures, and videos while posting reviews. The shared information will then

Industry

Nov 19, 2022

<strong>8 Women Star Entrepreneurs To Be Honored On Women’s Entrepreneurship Day</strong>-thumnail

8 Women Star Entrepreneurs To Be Honored On Women’s Entrepreneurship Day

Shine.com interviews eight accomplished women who are trailblazers, inventors, and trend setters. According to an old proverb, educating and empowering a woman benefits her entire household. This profound insight into

Industry

Nov 19, 2022

Starting this week, Amazon aims to fire 10,000 employees: Report-thumnail

Starting this week, Amazon aims to fire 10,000 employees: Report

The article also stated that the final number of layoffs remained a moving target. The job cuts will concentrate on the e-commerce giant’s devices unit, which contains voice-assistant Alexa, as

Industry

Nov 15, 2022

<strong>Amazon.com Inc loses a trillion dollars in market value since July 2021</strong>-thumnail

Amazon.com Inc loses a trillion dollars in market value since July 2021

Shares in the e-commerce and cloud company fell 4.3% on Wednesday, pushing its market value to about $879 billion from a record close at $1.88 trillion on July 2021. Amazon.com

Industry

Nov 10, 2022

Reliance beats likes of Amazon to acquire German wholesaler Metro’s Indian business-thumnail

Reliance beats likes of Amazon to acquire German wholesaler Metro’s Indian business

The €500 Mn – €550 Mn (INR 4,000 Cr – INR 4,500 Cr) worth of deal will mark the exit of Metro Cash and Carry’s loss-ridden wholesale business from India

Industry

Nov 8, 2022

Reliance Retail signs Hardik Pandya as its brand Ambassador-thumnail

Reliance Retail signs Hardik Pandya as its brand Ambassador

Reliance Retail today also announced the launch of an athleisure brand, Xlerate, on its new commerce platform, AJIO Business. AJIO Business is a B2B commerce arm of Reliance Retail, meant

Industry

Nov 2, 2022

<strong>Hong Kong wants to permit cryptocurrency retail sales.</strong>-thumnail

Hong Kong wants to permit cryptocurrency retail sales.

Financial Secretary Paul Chan announced in a keynote speech to the Hong Kong Fintech Week conference that authorities would begin a consultation process on providing ordinary investors with “a suitable

Advertising

Oct 31, 2022

Vegetable prices skyrocket beyond Rs 100 per kg as non-seasonal rainfall and high fuel prices hold India down-thumnail

Vegetable prices skyrocket beyond Rs 100 per kg as non-seasonal rainfall and high fuel prices hold India down

Due to excessive rainfall and crop damage, the new average retail price of common garden vegetables jumped from Rs 60-80 previously in the metro, including Mumbai, to Rs 120-140 per

Industry

Oct 26, 2022

Walmart eyes $3 billion funding for Flipkart at a $40 billion valuation-thumnail

Walmart eyes $3 billion funding for Flipkart at a $40 billion valuation

Walmart is keen to bring in strategic investors in Walmart-Flipkart so that Flipkart can get additional expertise as well as consistent funding support as and when required to stay ahead

Industry

Oct 26, 2022

V-mart Retail to acquire Tiger Global-backed e-commerce startup LimeRoad-thumnail

V-mart Retail to acquire Tiger Global-backed e-commerce startup LimeRoad

Founded in 2012, LimeRoad claims to sell its fashion products to 17 Mn buyers. The startup claims to deliver gross merchandise value (GMV) of more than INR 700 Cr at

Industry

Oct 18, 2022

Private equity firm Everstone Capital actively considering selling its stake in Restaurant Brands Asia Ltd.-thumnail

Private equity firm Everstone Capital actively considering selling its stake in Restaurant Brands Asia Ltd.

Restaurant Brands Asia, earlier known as Burger King India Ltd, was incorporated in 2013 as a result of a partnership between Everstone Capital and Burger King Worldwide to bolster the

Industry

Oct 15, 2022


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