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Are mergers the roadmap to success for the e-commerce industry?

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions (M&A) in the startup industry - a supposition that was corroborated with the merger of Goibibo with MakeMyTrip. Indeed, the corporate appetite for M&A has...

Mergers: The road to success for the e-commerce industry

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition. Indeed, the corporate appetite for mergers and acquisitions has increased...

Why e-grocery firms are walking the path of doom

With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...

Grofers to lay off 10 pc staff, revokes job offers

Grofers India Pvt. Ltd, the grocery delivery start-up funded by Softbank Corp. and Tiger Global Management, will lay off 10 per cent of its workforce, even as it revoked job offers to fresh graduates, citing adverse market conditions. On Tuesday,...

AllSuperMart partners with Roadrunnr, Grab to strengthen Pune delivery ops

To strengthen its delivery network in the city of Pune, the dedicated hyperlocal marketplace for utilities and grocery shopping, AllSuperMart has entered into a strategic partnership with hyperlocal logistics players Roadrunnr and Grab. While Roadrunnr doubles up as a hyperlocal...

Swiggy raises $ 7 million in fresh round of funding

Food ordering app Swiggy has raised an additional amount of $7 million from its existing investors Norwest Venture Partners, DST Global and Accel Partners. In January this year the Bangalore-based startup raised $35 million in Series C from New York-based...

RoadRunnr may exit e-comm delivery business

RoadRunnr, the hyperlocal delivery startup backed by Sequoia Capital and Nexus Venture Partners, may exit from the e-commerce delivery business completely. It might shift its focus on a few select categories such as food, groceries and merchant-to-merchant, or first-mile,...

Roadrunnr, TinyOwl to merge in all-stock deal

To create an integrated hyper-local delivery service, logistics player Roadrunnr and online food ordering platform TinyOwl are in preliminary stages of talks to merge in an all-stock deal. However, the vision of the combined entity is yet to be discussed....

Lookup ties-up with Roadrunnr for Hyperlocal deliveries

Lookup, a messaging app connecting local merchants with customers, has launched deliveries across Bangalore, Mumbai and Delhi in association with Roadrunnr. With this association, any store keeper who wishes to provide deliveries can now do so when they get...
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Reliance Retail joins hands with Department of Consumer Affairs

Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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