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Showing 1 - 15 News out of 143

Gunjan Soni and Ananya Tripathi to exit Jabong-Myntra by December

Soni is going to work at Singapore-based online fashion company Zalora as its CEO while Tripathi will join global investment firm KKR as an operating partner.

October 17, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet

Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from

July 17, 2018  |  comments ( 0 )  | 

Singapore based CCube Angels Network Invests in Inner Being

Inner Being plans to use the funds raised in the current round for new product development, expansion in top tier citiesin India and few other countries, marketing

July 16, 2018  |  comments ( 0 )  | 

FSSAI suggests life imprisonment, Rs 10 lakh fine for food adulteration

The Food Safety and Standards Authority of India (FSSAI) has proposed for the amendment so as to curb food adulteration following the Supreme Court order.

June 27, 2018  |  comments ( 0 )  | 

Walmart India, Flipkart top executives meet CCI

The meeting convened after the Walmart's approach to CCI for the approval of its proposed acquisition of a majority stake in e-commerce major Flipkart.

May 24, 2018  |  comments ( 0 )  | 

PE Firm L Catterton Invests Rs 170 Cr in Future Lifestyle Fashion

FLF, which is the largest department store chain in the country has Central, Brand Factory and more than a dozen brands including Indigo Nation and Lee Cooper operating

May 19, 2018  |  comments ( 0 )  | 

Cricketer DJ Bravo brings his apparel brand to India

Bravo has agreed to his investment plans with the launch of his official merchandise under the brand 'DJ Bravo 47' recognizing a huge fan following in India

May 18, 2018  |  comments ( 0 )  | 

Flipkart India Cuts losses to Rs 244.7 crore in 2017 Fiscal

Locked in an intense battle for market leadership against American rival Amazon in India, Flipkart had recently inked an agreement with Walmart.

May 17, 2018  |  comments ( 0 )  | 

Foxconn unit writes off another $40 million in Snapdeal investment

The latest write down comes about nine months after the Hong Kong-listed unit of the Apple iPhone manufacturer announced that it had undertaken an impairment loss of $160

May 15, 2018  |  comments ( 0 )  | 

Walmart-Flipkart May get Spared From FDI Norms

The $16-billion deal will see only $2 billion in fresh inflow into the Indian company. India allows 100% FDI in e-commerce marketplace subject to certain restrictions.

May 10, 2018  |  comments ( 0 )  | 

Flipkart Buys Back US $350 mn Worth Shares From Its Investors

The decade-old company had raised a whopping US $6.11 billion till date since 2009 through 14 rounds of funding.

May 04, 2018  |  comments ( 0 )  | 

Wipro consumer to push global brands in India

Santoor, which has crossed Rs 1,900 crore in sales, has a 9.4% share within soaps and is among the country’s top three soap brands with HUL's Lifebuoy and Lux.

May 03, 2018  |  comments ( 0 )  | 

Ace Turtle aims to enable Rs 1,000 cr sales on its platform

Ace Turtle integrates all offline and online retail sales channels for the brands, providing a single view of inventory and order.

April 24, 2018  |  comments ( 0 )  | 

QwikPik Bags Rs 26 crore from RB Investments, Flipkart's Binny Bansal, others

This follows that $1 million seed round raised by the company in August 2016 as came in the reports.

April 10, 2018  |  comments ( 0 )  | 

Jennifer Lopez Handbags Will Be Available online In India:Ace Turtle

Ace Turtle's ecommerce platform, which facilitates crossborder payments, supply chain, returns and customer support will help Jennifer Lopez reach out to millions of

April 10, 2018  |  comments ( 0 )  |