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Amazon in talks with NinjaCart to put funds in fresh produce space
News 2 days ago
Amazon in talks with NinjaCart to put funds in fresh produce space

Investment may give Amazon an entry into one of the biggest untapped segmentsAmazon has committed $500 million into the food retail sector. New...

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Jumbotail raises Rs 90 crore in Series B funding
News 1 week ago
Jumbotail raises Rs 90 crore in Series B funding

The company said that it would use the funds to invest in artificial intelligence driven operational excellence in supply chain. Jumbotail connects...

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MiNest forays into shared living space
News 1 week ago
MiNest forays into shared living space

The company intends to invest $80-100 million (nearly Rs 700 crore) over the next three years to offer 10,000 beds targeting young professionals...

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General Atlantic leads $51 million NoBroker funding
News 1 week ago
General Atlantic leads $51 million NoBroker funding

Real estate platform NoBroker hits near $160-m valuation after the recent round while local language content platform catches the eye of Qiming...

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Telangana woos blockchain firms, startups, offers incentives
News 3 weeks ago
Telangana woos blockchain firms, startups, offers incentives

Telangana will provide regulatory and policy support to enable and promote Blockchain growth, it added. The government will provide office space to...

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Spencer's Retail acquires Godrej Nature's Basket
News 1 month ago
Spencer's Retail acquires Godrej Nature's Basket

RP group retail flagship looks to make a second foray into western India where it does not have a presence; Godrej says deal will unlock potential....

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Piecemeal FDI policy can hurt industry's growth: Amit Agarwal, Amazon India
News 1 month ago
Piecemeal FDI policy can hurt industry's growth: Amit Agarwal, Amazon India

A small group of disgruntled and motivated voices making the most noise, hurting e-commerce, said Agarwal. The online retailing behemoth would have...

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Amazon to open first Go store that accepts cash
News 1 month ago
Amazon to open first Go store that accepts cash

In recent years, a small but growing number of stores around the country have gone cash-free. But some activists and politicians say that...

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Retail tech startup Peel-Works raises $5 million from Equanimity Ventures, HDFC Bank, others
News 1 month ago
Retail tech startup Peel-Works raises $5 million from Equanimity Ventures, HDFC Bank, others

Peel-Works plans to strengthen its retail management platform Taikee, post the funding. Taikee will utilise these funds to expand its footprint to...

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Oyo looks to enter student housing and co-working, to expand co-living segments
News 1 month ago
Oyo looks to enter student housing and co-working, to expand co-living segments

The roll out of the co-living and student housing business will also see OYO Life entering the metros with each segment having a maximum of 250...

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Oyo spots a big room in student housing category
News 1 month ago
Oyo spots a big room in student housing category

The Gurgaon-headquartered company expects to mark its entry into the sector by next quarter, through its long-term rental and managed residential...

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Zomato to invest around Rs 56 crore to set up 20 more warehouses by 2020
News 1 month ago
Zomato to invest around Rs 56 crore to set up 20 more warehouses by 2020

The warehouses would be set up in Delhi, Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Lucknow,...

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Uber faces proposed ‘IPO tax’ in a divided San Francisco
News 1 month ago
Uber faces proposed ‘IPO tax’ in a divided San Francisco

Uber Technologies Inc.'s initial public offering, expected next month, will mean a massive payoff for many employees. In the company's hometown of...

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Walmart, Amazon kick off government online pilot program
News 2 months ago
Walmart, Amazon kick off government online pilot program

ShopRite will join the two retailers on the program early next week, said the U. S. Department of Agriculture, which oversees the Supplemental...

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Skootr takes 22,000 sq ft office space on lease from DLF to open coworking centre in Gurugram
News 2 months ago
Skootr takes 22,000 sq ft office space on lease from DLF to open coworking centre in Gurugram

Skootr founder Puneet Chandra said the founders have invested $2.5 million so far in this business and is looking to raise funds for expansion. The...

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Shark Tank's Kevin Harrington choose The New Shop to make his first-ever India investment
News 2 months ago
Shark Tank's Kevin Harrington choose The New Shop to make his first-ever India investment

Inked at an undisclosed amount, the arrangement seeks to capitalise on Kevin's extensive experience in business, retail, and distribution along...

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Selling with the enemy: Why rival retailers embrace Amazon
News 2 months ago
Selling with the enemy: Why rival retailers embrace Amazon

Selling with the enemy: A gripe for retailers is that selling on Amazon loses the direct customer relationship they get from their own website or...

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Oyo may open Coworking Centre in Mumbai
News 2 months ago
Oyo may open Coworking Centre in Mumbai

The move comes days after Oyo introduced its coworking brand, Power Station, which seeks to offer customised services, private offices, and virtual...

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Food still on Amazon menu, parent firm invests Rs 240 crore
News 2 months ago
Food still on Amazon menu, parent firm invests Rs 240 crore

Amazon's capital infusion signifies that the company is going ahead with its planned expansion in food and grocery retail in India. Amazon Retail...

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TPG’s Rs 100 crore to take Nykaa’s valuation to Rs 5k cr
News 2 months ago
TPG’s Rs 100 crore to take Nykaa’s valuation to Rs 5k cr

TPG's Rs 100 crore to take Nykaa's valuation to Rs 5k crOnline beauty firm in talks to bring new investors via secondary transactions. Nykaa has...

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Ola to go on a self-drive trip with $500 million in boot
News 2 months ago
Ola to go on a self-drive trip with $500 million in boot

Ola to deploy nearly 10,000 vehicles, including luxury sedans and SUVs, in major cities in the coming months. The move to enter the self-drive...

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Myntra shutters two loss-making offline stores in Mumbai, B’luru
News 3 months ago
Myntra shutters two loss-making offline stores in Mumbai, B’luru

Fashion retailer closes down Mango store in Mumbai and private brand Roadster's in Bengaluru."Now, they won't open Esprit outlets and they are not...

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Co-living spaces startup StayAbode adds on to pre Series A funding
News 3 months ago
Co-living spaces startup StayAbode adds on to pre Series A funding

Recently, Asia's largest co-living operator, has partnered with CP Developers to set up the largest co-living project globally, with 1400 people...

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Alibaba-Backed Paytm Wants to Cash in on Amazon's India Distress
News 4 months ago
Alibaba-Backed Paytm Wants to Cash in on Amazon's India Distress

India's online retail industry has been in turmoil since the government implemented stringent new rules to rein in major players like Amazon.com...

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Nandan Nilekani-backed ShopX acquihires GabbarDeals
News 4 months ago
Nandan Nilekani-backed ShopX acquihires GabbarDeals

The company is now in talks with mobile retailers across the country to modernise their business using the ShopX Edge platform. The company has...

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Indian food delivery firm Swiggy to supply home essentials
News 4 months ago
Indian food delivery firm Swiggy to supply home essentials

Swiggy will be offering products from more than 3,500 stores including 200 prominent brands like Le Marche, Needs Supermarket, Licious, Zappfresh,...

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Walmart, Google-backed Deliv end online grocery partnership
News 4 months ago
Walmart, Google-backed Deliv end online grocery partnership

Deliv served the retailer with a 90-day termination notice, and the two companies stopped working with each other in late January, according to two...

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WeWork’s arm picks up entire commercial building with 1 lakh sq ft carpet area
News 4 months ago
WeWork’s arm picks up entire commercial building with 1 lakh sq ft carpet area

"The deal has already been concluded and the fit-out work is expected to start over the next couple of weeks," said one of the persons mentioned...

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Co-living space in demand, offers business potential worth $93 billion per year: PropTiger
News 4 months ago
Co-living space in demand, offers business potential worth $93 billion per year: PropTiger

The report found out that the co-living sector has total untapped demand of about 46.3 mn bedsCo-living space meant for students who are generally...

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Amazon Retail ups ‘pantry’ play after clarity on FDI
News 4 months ago
Amazon Retail ups ‘pantry’ play after clarity on FDI

This follows the government having clarified that companies with foreign direct investment (FDI) in food retail can continue to sell through...

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