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Amazon India re-brands groceries service to ‘Prime Now’

E-commerce giant Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery as it looks to consolidate its position in the segment against rivals like bigbasket and Grofers. The competition in the segment...

Patanjali expects online sales to grow in coming months

Baba Ramdev led Patanjali Ayurved is clocking an online sales of up to Rs 15 crore every month and expect it to grow further every month, said a top official.According to a PTI report: The Haridwar-based company has done...

E-retailing market likely to surge two-fold in three years

The booming e-retail market is likely to surge over twofold over the next three years, as players will be forced to shift their focus from discounts to consolidation, geographical diversification, business realignment and enhancing customer stickiness, says a report.According...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

bigbasket raises US $300 million from Alibaba, others

Bengaluru-based hyperlocal grocery delivery company bigbasket has raised a massive US $300 million Series E funding round led by Chinese conglomerate Alibaba, others.Alibaba contributed around 75 per cent (around US $225 million) of the total funding while existing investors...

Budget 2018: What food industry biggies want this year

In the run up to budget, consumer goods companies are looking for a greater thrust on food processing sector to add value to the agricultural produce, increase in rural wages and reduction in taxes to leave more money in...

bigbasket to invest Rs 500 cr to strenghten farmer sourcing, tech

Online grocery store bigbasket expects to spend up to Rs 500 crore to strengthen its technology and back-end farmer supply chain as it looks to more than double its customer base to 20 million by 2020, a top company...

British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...

bigbasket partners with Sodexo to simplify every day grocery shopping

bigbasket, India’s largest online supermarket, has entered into a partnership with Sodexo to simplify everyday grocery shopping for millions of Sodexo consumers. This move comes as a New Year gift to many bigbasketeers who can now use their Sodexo...

E-commerce sector rides on Digital India, note ban

Adopting disruptive technology and riding on the Digital India bandwagon, the e-commerce sector has survived the slowdown in 2017 and benefited from the note ban, which spurred online transactions.More than computer-based Internet penetration and broadband extension, the record growth...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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