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ONDC to revolutionise B2B digital commerce in India: Report

ONDC is dedicated to establishing an interoperable marketplace that accommodates sellers of all scales − from small and medium-sized enterprises (SMEs) to larger entities Bengaluru: Open Network for Digital Commerce (ONDC), an initiative by Government of India, is set to revolutionise B2B...

National e-commerce policy in final stages; to be presented before top-level: official

The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumers New Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...

“Our plan is to become a 1,000 crore company by the end of 2025,” Anant Tanted of The Indian Garage Company

Anant Tanted, founder and chief executive officer of the Indian menswear brand The Indian Garage Company on the brand’s fast-paced journey, industry challenges and future objectives Bengaluru: Around twelve years ago, Anant Tanted set out on a path to create...

‘India Phygital Index 2023’ by Fynd, PwC and IMAGES Group

The report elaborates on the omnichannel preparedness, execution and outcomes of over 100 companies in India ‘India Phygital Index 2023’ report by omnichannel retail platform Fynd and Strategy&, a global strategy consulting firm and a part of PwC network powered...

IndiaMart Q1 profit jumps 78% to Rs 83 crore; to buy back shares worth Rs 500 crore

The company also announced the buyback of 12,50,000 equity shares worth Rs 500 crore New Delhi: Online B2B marketplace and discovery platform IndiaMart on Thursday reported a 78 per cent rise in its net profit to Rs 83 crore in...

Meesho collaborates with IISc’s lab for research in generative AI

The goal of the partnership is to foster innovation in generative artificial intelligence and multimodal large language models in the e-commerce industry New Delhi: Softbank-backed e-commerce platform Meesho has signed a memorandum of understanding with the Vision & AI Lab...

‘Democratising Digital Commerce in India’ by ONDC and McKinsey & Company

The report explores the potential for rapid growth in digital commerce possible due to ONDC and highlights the possibilities that could emerge within an open network ecosystem ‘Democratising Digital Commerce in India’ report by government-backed e-commerce platform ONDC (Open Network...

E-commerce start-up Direct2U raises Rs. 1.8 crore in seed round led by IPV

The fund raised will be used for technology development, hiring, marketing and expansion plans Bengaluru: E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....

Flash.co launches first-of-its-kind shopping email id – @flash.co

The company has also onboarded over 40 brands as shopping partners Bengaluru: E-commerce startup Flash.co has introduced first-of-its-kind shopping email id - [email protected], to enhance the online shopping experience of consumers, the company announced in a release on Tuesday.  Flash has...

E-commerce shopping will get more experiential, says Kumar P. Saha of ndhgo

ndhgo founder Kumar P. Saha speaks about the evolution of e-commerce and how his company is helping retail ecosystem players to make the most of the lucrative online opportunity E-commerce is a 1.8 trillion ($25.75 billion) market in India with...
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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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