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

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…

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

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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