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Food
BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group
Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...
Fashion
fabindia bets big on experience centres, to open 30 more by 2020
Following a tremendous response for its Experience Centres, fabindia, India’s largest lifestyle retail brand, has recently launched its third Experience Centre in New Delhi-NCR. Located at Lajpat Nagar, one of Delhi’s most popular shopping destinations, the store is spread...
Retail
Foreign e-tailers must have registered entity in country: Draft policy
IANS -
E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...
Fashion
Online Marketplaces: Delivering fashion to the discerning masses
The online fashion space in India is positively buzzing with private labels or brand partnerships. Recently, heritage American denim brand, Wrangler collaborated with Indian e-commerce giant, Flipkart to launch an exclusive sub-brand called Wrangler 20X. Myntra also launched its...
Fashion
Using digital tech to create multi-sensory consumer experiences to strengthen brand
Of late, brands are exploring means and mediums to engage with their customers as frequently and as innovatively as possible. Among the many popular mediums, social media is emerging as the preferred route to connect with consumers.Last year for...
Retail
Liberty Lifestyle further strengthens its presence in the market through strategic partnerships and initiatives
After a successful launch of its fragrance line in the country, Liberty Lifestyle has been focusing on their marketing initiatives and has been actively participating in various events and exhibitions to sustain growth and awareness for the brand. As...
Retail
Amazon, Walmart stocks stay subdued as new e-tail FDI norms kick in: Analysts
IANS -
Stocks of global e-retailers -- Amazon and Walmart -- remained subdued on Monday, days after India's new Foreign Direct Investment (FDI) norms for e-commerce companies dented investor sentiments.In the early morning trade hour (US East Coast), shares of Walmart...
Retail
Walmart may exit Flipkart due to new FDI rules: Morgan Stanley
IANS -
Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned."An exit is likely, not completely out of the question, with the Indian...
Retail
Evaluating changes in FDI rules to avoid ‘unintended consequences’: Amazon
US e-tail giant Amazon sees "very good long-term prospects" in the Indian market but is evaluating the recent changes in FDI rules for online marketplaces to ensure that there are no "unintended consequences" for customers and sellers on its...
Retail
No extension of February 1 deadline to comply with e-commerce FDI norms
IANS -
In a major setback to Amazon and Walmart-led Flipkart, the Department of Industrial Policy and Promotion (DIPP) on Thursday rejected the request to delay the implementation of the new FDI norms for the e-commerce sector. The new norms come...
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Latest News
Digital Icon : Parth Patel
As the e-commerce head for Kisna & Diamond Jewellery, Parth Patel has a passion for leveraging digital platforms to...
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