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New-age open footwear startup Solethreads raises Rs 13 cr in series A funding

Solethreads, a youth-centric open footwear brand, has announced the completion of its 13 Cr Series A round of funding. The round saw participation from leading VCs DSG Consumer Partners and Saama Capital. Solethreads is an innovative, digital-first brand that...

E-commerce firms step up efforts to protect associates, ensure deliveries: Report

With night curfews and weekend lockdowns driving bigger orders for e-commerce companies, these online platforms are stepping up efforts to protect their associates, including delivery staff, and ensure safe delivery of orders to customers. According to senior executives in...

Past lessons handy as e-comm firms assure smooth deliveries in lockdown

E-commerce companies have said they are well prepared and working closely with delivery partners to ensure smooth and safe delivery of packages in Maharashtra where the government has announced a slew of restrictions, including night curfews and weekend lockdown to...

Online F&G giant Grofers to cover COVID-19 vaccine cost for employees

Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company's contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added.Grofers will cover...

Flipkart explores US listing to strengthen position in Indian e-commerce market

Flipkart has benefited from the e-commerce surge during the COVID-19 pandemic and is now exploring going public in the US through a merger with a special-purpose acquisition company (SPAC). Unlike a traditional IPO process this approach is less intrusive...

Teamonk Global’s specialty teas sales peak during COVID-19 on the back of global consciousness for healthy lifestyle

Tea solidifies its position as a cup of good health. Teamonk Global today announced that it has recorded a significant increase in sales in the second half of 2020  during Covid-19 on the back of global demand for healthy...

Reliance, Flipkart to cover cost of vaccination for all employees

Mukesh Ambani's Reliance Industries Ltd will bear the cost of vaccinating its employees and their immediate family, totaling an estimated 12.2 lakh, as the oil-to-telecom conglomerate looks to safeguard them against the Covid-19 virus.India's largest private company joins the likes of...

CEO Special: Being omnipresent on all channels helped ORCO build a greater brand value in lockdown

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilized to an extent and economies are gradually opening up, the industry is being confronted by a hard...

Flipkart expands grocery services to over 50 Indian cities

Flipkart has expanded its grocery services to more than 50 cities, including Kolkata, Ahmedabad and Vellore.Flipkart's grocery business has witnessed 3 times growth in the last one year and the expansion will boost market linkages for food processing industry and farmers,...

100% electric mobility by 2030: Flipkart drives towards sustainability with EV100

Flipkart plans to have a fleet of more than 25,000 electric vehicles (EVs) by 2030 in line with its aim to transition its entire logistics fleet across cities to green energy vehicles, the company said on Wednesday.The company said...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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