udaan-logo
Posted in BusinessEcommerceSocial Media

Udaan Undertakes Strategic Restructuring with Layoffs Amid Business Consolidation

by SA TeamPosted on

Three points you will get to know in this article: In September, Udaan, the B2B e-commerce platform, underwent a strategic restructuring that led to the unfortunate layoff of over 100 dedicated employees. The company, headquartered in Bengaluru, undertook a comprehensive reorganization, uniting its essentials business encompassing FMCG, staples, and pharma with the discretionary business covering general merchandise, lifestyle, and electronics.…

Byju's logo
Posted in Daily FeedsEcommerce

BYJU’S Delays November Pay for 1K Staff – Technical Glitch

by SA TeamPosted on

Three points you will get to know in this article: BYJU’S, the embattled edtech startup, has encountered a temporary delay in issuing the November salaries to approximately 1,000 team members due to an unforeseen technical hiccup. Promise of Salary Disbursement by Monday  The company, currently facing challenges, follows a salary cycle that resets at the commencement of each month. Despite…

ONDC
Posted in Ecommerce

Festive Sale and Cricket Mania Propel ONDC Order Volume to 12 Lakh During Diwali Week

by SA TeamPosted on

Three points you will get to know in this article: Taking advantage of the joyful holiday spirit, the government-supported Open Network for Digital Commerce (ONDC) proudly logged an impressive 1.2 million transactions from November 6 to November 13, as revealed by exclusive ONDC data accessed by Inc42. Earlier this year, ONDC emphasized its aspiration for a daily transaction count of…

AJIO Unveils AJIOGRAM
Posted in EcommerceSocial Media

AJIO Unveils AJIOGRAM to Empower D2C Fashion Startups with Interactive E-commerce

by SA TeamPosted on

Three points you will get to know in this article: Today, AJIO, the popular online retailer, excitingly introduced AJIOGRAM, a cutting-edge direct-to-consumer (D2C) platform filled with captivating content and interactive shopping experiences. This innovative move is designed to uplift Indian fashion startups that are reshaping the industry with their unique vision and inventive products. Accessing this platform is a breeze—simply…

Inc.5
Posted in BusinessEcommerce

Footwear Brand Inc.5 Shoes Raises $10 Million in Series A Funding

by SA TeamPosted on

Three points you will get to know in this article:• The direct-to-consumer (D2C) market in India is rapidly growing, with the fashion and clothing segment expected to reach $43.2 billion by 2025.• Inc.5 Shoes plans to expand its presence in urban areas and target Tier 2 and select Tier 3 cities.• Mumbai-based footwear brand Inc.5 Shoes raises $10 million in…

E Commerce - Flipkart and Amazon
Posted in Ecommerce

E-commerce Platforms Achieve INR 47,000 Cr GMV in First Week of Festive Season Sale

by SA TeamPosted on

Three points you will get to know in this article: During the inaugural week of the 2023 festive season sale, Ecommerce platforms successfully generated a remarkable Gross Merchandise Value (GMV) of approximately INR 47,000 Crore. This marked an impressive 19% year-on-year (YoY) growth, culminating on October 15, as reported by the esteemed consulting firm, Redseer. The primary drivers of this…

Bespoke and Personalized
Posted in EcommerceTechnology

Bespoke and Personalized: A New Tech Delivery Trend Captivating Consumers

by SA TeamPosted on

Three points you will get to know in this article: Globally, the demand for electronics is on the rise, becoming an essential requirement in our daily lives. The 2022 global market witnessed a staggering value surpassing $740 billion. As consumers eagerly tailor their latest tech acquisitions, the tech providers mirror this enthusiasm in ensuring a personalized and efficient delivery process.…

Flipkart VIP
Posted in Ecommerce

Flipkart Targets Loyal Shoppers with VIP Membership Launch

by SA TeamPosted on

Three points you will get to know in this article:• New Flipkart VIP now at INR 499 annually.• This strategic shift precedes this year’s festive season sale.• Flipkart assures VIP members free same/next-day deliveries in specified areas. Amid the intense rivalry within India’s vibrant ecommerce arena, Flipkart, now under Walmart’s ownership, has introduced its strategic response to Amazon’s Prime program…

Meesho
Posted in Ecommerce

Indian E-Commerce Startup Meesho Attains Inaugural Profit Milestone, Eyes IPO in 12-18 Months

by SA TeamPosted on

Three points you will get to know in this article: On August 7th, in Bengaluru, there was significant news from Indian e-commerce startup Meesho. For the very first time, the company has recorded a profit, marking a significant milestone. During an interview, a senior executive of the company revealed their ambitious plan: to become publicly listed on the stock market…

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