Chennai Angels invests Rs 2.22 cr in Bumberry
The Chennai Angels (TCA), one of India’s foremost angel investment groups, today announced an investment of Rs 2.22 crores in Bumberry, a pioneer in the cloth diapering space. Continue Reading
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Flipkart to ramp grocery ops for contactless delivery
Domestic e-commerce marketplace Flipkart on Tuesday announced strengthening of its grocery supply chain infrastructure to provide its customers safe and seamless access to ordering daily essentials through quick and contactless doorstep delivery. Continue Reading
Is Centre looking to revise FDI rules in e-commerce?
The Centre is considering revising the foreign investment rules for e-commerce, three sources and a government spokesman said, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers. Continue Reading
CAIT urges DPIIT to penalise Amazon, Flipkart
The Confederation of All India Traders (CAIT) has written to the Department for Promotion of Industry and Internal Trade (DPIIT) to take action against e-commerce major Amazon and Flipkart for alleged violation of FDI and FEMA norms. Continue Reading
TCL ties up with Amazon, Flipkart
TCL has launched TS3015, a 2.1 channel home theatre soundbar, which comes with a wireless subwoofer, on Amazon and Flipkart, priced at Rs 8,999. Continue Reading
Oppo announces special deals on Amazon, Flipkart
Oppo has announced festive offers on its product portfolio at the Flipkart Big Freedom Sale and Amazon Independence Day Sale. Continue Reading
McAfee Internet solutions now on Flipkart
McAfee and Flipkart announced that McAfee products are now available on Flipkart.com. Continue Reading
Flipkart co-founder buys technology firm
Navi, which has been co-founded by Flipkart co-founder Sachin Bansal, said it has acquired Bengaluru-based Mavenhive. MavenHive, a technology consulting firm, will help Navi leapfrog their product development initiatives. Continue Reading
NT compiles major business booms of the decade
With 2019 coming to an end, News Today compiles a list of sectors that made a huge dent. They were chosen based on impact they made to our lives. From online shopping to food delivery, from watching web series to e-learning, the 2010s has been a decade to remember. Continue Reading
Grofers loss widens to Rs 448 crores
The company had posted a net loss of Rs 258.3 crore for the year ended March 2018, as per documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler. Continue Reading