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E-commerce firm Flipkart on Wednesday said it has reported one of its strongest growth phases in recent years, marked by a sharp rise in customer base, higher order volumes, and deeper participation from Tier-2 and Tier-3 towns. The company said it served over 200 million customers across its ecosystem during the festive season, reflecting its expanding relevance in urban and non-metro India. Overall orders on the platform grew 21 per cent during the festive period, and around 40 per cent year-on-year post-festive period, signalling broad-based consumer confidence and category momentum, the company said in a statement. The festive cycle attracted 101 million customers, with two-thirds of them from non-metro areas - a trend Flipkart said reflects the accelerating shift of smaller towns toward online consumption and category diversification. "The belief that India's consumption story is driven only by metros is outdated. We see multiple Indians shopping on Flipkart: value-conscious .
Shiprocket Co-Founder and CEO Saahil Goel sees the upcoming IPO is a key milestone reflecting internal discipline, scale and governance, and believes it will set the logistics tech company on a new growth trajectory with India's direct-to-consumer, online and quick commerce space poised to boom. Shiprocket, backed by marquee investors like Temasek, Zomato and Paypal, had submitted its draft red herring prospectus (DRHP) with Sebi via the confidential route earlier this year, an increasingly popular option among Indian startups as it allows vital financial and strategic information to remain undisclosed during the initial review while the firm obtains necessary feedback from the regulators. Goel told PTI in an interview said the IPO will be an important milestone as it "institutionalises" the company that has evolved from being a shipping partner to an end-to-end e-commerce enablement platform for Indian merchants. According to Goel, it brings discipline, and aligns stakeholders for
E-commerce major Flipkart on Friday introduced a Zero Commission Model for all products priced below Rs 1,000. The new model also extends to Flipkart's hypervalue platform Shopsy, where zero commission now applies to all products irrespective of price, according to a company statement. "Under this updated structure, all eligible sellers listing products below Rs 1,000 will not be charged a commission fee. This initiative is aimed at supporting MSMEs, helping them improve customer affordability while managing the cost of doing business more efficiently. "The zero commission model is now extended to all products on Shopsy, irrespective of price, further solidifying its position as a key enabler for sellers targeting the hypervalue segment and enhancing affordability for customers," Flipkart said, adding that the move could reduce the cost of doing business by up to 30 per cent for sellers. Senior Vice President and Head of Marketplace at Flipkart, Sakait Chaudhary, said the MSME sec
The Consumer Affairs Ministry has proposed to make it mandatory for e-commerce platforms to provide searchable and sortable filters based on 'country of origin' for packaged commodities, a move aimed at enhancing transparency at digital marketplaces. The amendment is designed to enable consumers to make informed purchasing decisions by allowing them to easily identify the origin of products while shopping online. The ministry, in a statement, said the Draft Legal Metrology (Packaged Commodities) (Second) Amendment Rules, 2025, would amend existing 2011 regulations by requiring "every e-commerce entity selling imported products shall provide a searchable and sortable filter for the country of origin, with their product listings." The proposed feature will reduce the time required to locate such information across vast product listings. The draft amendment rules have been published on the department's website for public consultation. Comments from stakeholders are invited until Novem
Quick commerce major Zepto on Thursday said that it has raised USD 450 million (about Rs 3,757.5 crore) in a funding round led by the California Public Employees' Retirement System (CalPERS) at a valuation of USD 7 billion. The funding comes nearly a year after its USD 350 million funding round in November last year, which valued the firm at USD 5 billion. We've closed nearly USD 450 million, and most of that is primary. The valuation of the company was USD 7 billion by the time it closed. A couple of investors participated, but the largest cheque individually came from CalPERSWe are considering it a pre-IPO round, and we are hoping to file our IPO soon. We now have approximately USD 900 million of net cash in the bank and are more than well-capitalised for the future, Zepto CEO and Co-Founder Aadit Palicha told PTI. As the firm heads towards public listing, Palicha said domestic ownership within the company will soon increase to 40 per cent in a few weeks, from the current 12 per
The Department of Consumer Affairs has partnered with the education ministry to challenge students to develop solutions for six consumer protection issues, from extending the shelf life of onions to detecting tampering in weighing machines. The Smart India Hackathon 2025, launched by the Ministry of Education, aims to harness student innovation to address practical problems affecting millions of consumers, the department said in a statement. Five problem statements remain open for submission until October 15, after the deadline for an onion storage challenge expired on October 7. The initiative involves collaboration with the All India Council for Technical Education. The problems range from improving post-harvest storage for onions, where losses of 30-50 per cent occur due to rotting and sprouting, to developing non-destructive testing methods for gold jewellery hallmarking. Other challenges include creating an AI-powered system to verify compliance with legal metrology rules on .
The India Post has rolled out Rs 5,800-crore Advanced Postal Technology across the country that will transform it into world-class public logistics organization by enabling mobile-ready services and real time decision making, Union Minister Jyotiraditya Scindia said on Tuesday. The Advanced Postal Technology (APT) based infrastructure gives India Post access to new technology layers like modern logistics companies. "Elated to announce the nationwide rollout of Advanced Postal Technology (APT) by @IndiaPostOffice, a historic leap in Bharat's digital journey. Backed by an investment of Rs 5800 crore under IT 2.0, APT will transform India Post into a world-class public logistics organization," Scindia said on social media platform X. The technology platform will enable India Post to support full fledged digital transactions and accept UPI payments for services from customers of any bank. Earlier, UPI transactions of only India Post Payments Bank accounts were supported at post office
E-commerce and technology startups are expected to lead fresher hiring in India in the second half of 2025, with 88 per cent of employers showing intent to recruit, a report said on Tuesday. The report titled 'Career Outlook Report (HY2 2025)' by TeamLease EdTech said that there is a strong job market for freshers, with retail (87 per cent) and manufacturing (82 per cent) following closely behind startups, which reflects broad demand for young talent across sectors. "The strong hiring intent in e-commerce & Technology startups reflects the dynamic growth in this sector, creating exciting opportunities for freshers. "As industries evolve with technology, freshers who blend technical expertise with adaptability and human skills will find themselves well-positioned. The rise in degree apprenticeship programmes further underscores the demand for practical, skill-based learning pathways," TeamLease EdTech founder and CEO Shantanu Rooj said. The Career Outlook Report (HY2 2025) by ...