Page 11 - Peerzada Abrar

GST cuts to fuel 15-20% festive sales surge in electronics: Analysts

GST cuts have lowered electronics prices by 7-9 per cent, fuelling festive demand as consumers trade up to premium TVs and appliances and e-commerce giants push discounts

Amazon and Flipkart showcase GST deals as festival shopping begins

Amazon India has introduced a GST storefront to display reduced prices from tax cuts on key categories, aiming to capitalise on festive demand with offers, discounts and bank deals

Swiggy needs $500 mn war chest for quick commerce battle: JM Financial

JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion

PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO

Fintech firm crosses Rs 7,000 crore in revenue as adjusted EBITDA and PAT soar; diversification into lending and broking fuels growth momentum

Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle

E-commerce giants mobilise round-the-clock operations with food, entertainment as India's shopping season is projected to grow 27 per cent

Urban Company CEO says IPO success is 'Day Zero' for home services giant

Abhiraj Singh Bhal discusses profitability path and ₹8.5 lakh crore market opportunity after blockbuster public debut

Flipkart Minutes to deliver Big Billion Days 2025 deals in just 10 minutes

Flipkart Minutes expands to 19 cities for TBBD 2025 with 10-minute deliveries while Tata-backed Bigbasket marks iPhone 17 launch with record-breaking instant delivery

Savings app Jar posts ninefold revenue jump, reaches profitability

Gold-focused fintech serves 35 million users as it vertically integrates operations.

Flipkart Group completes self-audit on dark patterns on digital platforms

These refer to tactics used by online platforms to manipulate or heavily influence customers to make certain choices

BlackBuck CEO clarifies relocation plans, says company staying in Bengaluru

Trucking platform says staying in tech hub after infrastructure complaints spark departure speculation

Ather crosses 500 experience centres, eyes 700 by FY26 amid demand

Ather Energy has crossed 500 experience centres across India and plans to expand to 700 by FY26 as its Rizta scooter drives growth in metros as well as tier 2 and 3 cities

BlackBuck to ditch Bengaluru's tech corridor over crumbling roads

Poor roads, traffic snarls and metro delays fuel frustration among tech firms and citizens

Amazon Seller Services revenue rises 19% as losses narrow sharply

Amazon India's marketplace arm posted Rs 30,139 crore revenue in FY25, with losses narrowing sharply to Rs 374.3 crore as marketplace and advertising growth boosted efficiency

AI startup EvoluteIQ secures $53 mn to scale agentic automation tech

Enterprise automation startup EvoluteIQ has raised $53 million from Baird Capital to expand globally, scale R&D in Bengaluru and develop next-generation agentic AI systems

E-com firms focus on cybersecurity ahead of high-volume festive season

As the e-commerce ecosystem gears up for robusts festival sales companies are increasingly turning up their cybersecurity measures to prevent fraud that typically spikes around this time

Flipkart Marketplace sees 25% rise in sellers ahead of festive season

Flipkart Marketplace has recorded 25-30% growth in sellers over six months, aided by AI tools, simplified GST compliance and expanded fulfilment ahead of the festive season

Gameskraft ex-CFO accused of diverting ₹250 crore for unauthorised trading

Bengaluru-based Gameskraft filed a police case against ex-CFO Ramesh Prabhu after he allegedly diverted Rs 250 crore into personal accounts for unauthorised derivatives trading

Accel set for 28x return as Urban Company IPO values stake at ₹1,500 cr

First institutional investor in Indian home services platform could earn nearly ₹1500 crore from ₹70 crore investment made in 2015

Myntra partners Sourav Ganguly to launch Souragya ethnic wear brand

Myntra has teamed up with Sourav Ganguly to launch Souragya, a premium ethnic wear brand featuring Bengali-inspired festive designs ahead of the Durga Puja shopping season

Dutch tech investor Prosus scales up India AI play amid global headwinds

Dutch investor Prosus backs Arivihan, CodeKarma, and Deccan AI in quick succession, calling AI a central pillar of its India strategy as it plans multi-billion-dollar bets