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Paytm receives final tranche of US $445 mn funding from SoftBank, Alibaba

Paytm Mall has received the final tranche of its US $4 45 million (about Rs 3,000 crore) funding from SoftBank and Alibaba, a move that will give the online shopping venture of Paytm more financial muscle to take on...

India’s e-commerce market continues to surge: eMarketer

Retail e-commerce sales in India will climb 31.0 percent this year to reach US $32.70 billion, according to eMarketer’s latest forecast. That growth rate will trail only China and Indonesia in Asia-Pacific. This growth has been enabled in part by...

PE/VC investments in April touch US $2.4 bn on large deals: EY

Private equity and venture capital investments in April were up 23 percent at US $2.4 billion, backed by large deals in sectors like e-commerce and life sciences, says an EY report. According to EY, there were 69 PE/VC deals in...

Paytm Mall raises close to Rs 2,900 crore from SoftBank, Alibaba

Paytm Mall has raised close to Rs 2,900 crore from SoftBank Investment Holdings and Alibaba.com Singapore e-commerce in a deal that values the online shopping venture of Paytm at US $2 billion. According to a regulatory filing by Paytm e-commerce,...

Patanjali debuts online, announces partnership with Amazon India, Flipkart

Aiming to expand its footprint in the country's FMCG sector, Baba Ramdev promoted Patanjali on Tuesday launched its e-commerce platform under the tagline "Haridwar to har dwar" (Haridwar to every door step online). The company has also announced its partnership...

Pent-up GST demand expected to boost Diwali sales of consumer durables

With Diwali around the corner, industry players are betting big on sales of consumer durables like 4K smart TVs and larger appliances like washing machines, which are expected to see a surge in sales this festive season compared to...

Paytm Mall’s ‘Diwali Maha Cashback Sale’ receives over half a million registrations

Paytm Mall, owned by Paytm E-commerce Pvt Ltd has announced that over half a million customers have registered for Paytm Mall’s Diwali Maha Cashback Sale to receive exclusive cashback offers. The four-day sale starting from October 10 will offer up...

E-commerce sites end festive sales; mobiles, electronics top hits

As major e-commerce platforms -- Flipkart, Amazon India, Jabong, Myntra and Paytm Mall -- concluded their festive season sales, segments like mobiles, electronics and large appliances, followed by fashion, witnessed huge traction. According to CashKaro, the overall e-commerce industry GMV...

E-commerce majors see huge spurt in smartphone sales in festive season

E-commerce majors Flipkart, Amazon and Paytm Mall have seen a huge spurt in smartphone purchases on the first day of their festive season sales, beating last year's figures. According to a PTI report: Flipkart, which kicked off its 'The Big...

Paytm Mall registers record sales on Day One of Mera Cashback Sale

Paytm Mall, owned by Paytm E-commerce Pvt Ltd recently announced a four day Mera Cashback Sale from the September 20-23rd in its first festive season. Customers are set to receive Rs 501 crore of assured cashback as the company...
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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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