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BigBasket records loss of Rs 1,535 crore in 2022-23

The BigBasket losses increased by 89% as compared to 2021-2022 when it had posted a loss of around Rs 812 crore New Delhi: Online grocery delivery firm Innovative Retail Concepts, which operates as BigBasket, has posted a widening of its...

BigBasket secures capex procurement ERP software from Zoho Corp

The cloud-based customer ERP software has helped BigBasket to enhance its operational efficiency, streamline the processes, and significantly cut costs thereby saving Rs 3 crore in six months Chennai: Technology company Zoho Corporation on Tuesday said it has implemented a...

Slang Labs unveils multilingual voice search assistant Conva 2.0 for e-commerce shoppers

The initiative brings the concept of a readily available AI co-pilot that end-users of e-commerce apps can talk to in their own language Bengaluru: Google-backed voice assistant platform Slang Labs has launched Conva 2.0, a multilingual AI co-pilot for e-commerce shoppers,...

Why are customers shifting from brick and mortar to hybrid retail

Major reasons for the shift from offline to online retail vary from technology solutions to several government initiatives There has been a significant shift in India's retail sector from traditional offline retail to hybrid/online retail in recent years. This shift...

Adaptability that Retail Platforms Seek

The report examines the work conditions of platform workers on digital labour platforms in India. It evaluates 12 platforms offering location-based services in sectors such as domestic and personal care, logistics, food delivery, e-pharmacy, and transportation in India. The Fairwork...

Alibaba sells remaining direct stake in Paytm for Rs 1,378 cr

The e-commerce major divested its remaining 3.3 per cent direct stake in One97 Communications, which operates under the Paytm brand New Delhi: Chinese e-commerce major Alibaba on Friday divested its remaining 3.3 per cent direct stake in One97 Communications, which operates...

Bigbasket goes omnichannel, opens supermart in Hyderabad

Spread across 5,000 sq ft, the online grocery retailer’s first store will have automated self-checkout By Anagha R Ratna Bengaluru: Bigbasket, an online grocery supermarket chain, has launched its first full-fledged supermarket in Hyderabad. This large format brick-and-mortar store is spread across...

Bigbasket, Flipkart and Urban Company have fair working conditions for gig workers, finds study

Bigbasket, Flipkart and Urban company got high ratings in four out of five criteria that contribute to a conducive work environment for gig workers as per a Fairwork report Bengaluru: Bigbasket, Flipkart and Urban Company meet most of the key...

Twin tasks for e-commerce: Keep workforce safe, deliver on time

E-commerce companies will have to steer through the twin challenges of delivering in time the expanding number of orders from customers and keeping their workforce safe over the coming weeks even as the number of COVID cases across the country continue...

FMCG firms assure uninterrupted supply amid pandemic-induced curfew

Essential food items are fast disappearing from retail shelves, as well as e-commerce platforms with supplies getting disrupted in some parts of the country due to the recent Covid-induced restrictions. Night curfews and a weekend lockdown implemented in many cities,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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