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Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak

Curbs on investment by Chinese investors a major roadblock

Covid-19 may lift India's e-commerce market to around $85 billion by 2024

The market opportunities for online commerce in the country are expected to touch $200 billion by 2028 from $30 billion in 2018

Amazon forays into food delivery, sets up direct fight with Swiggy, Zomato

Tech giant's food delivery service comes when major players in the space are reeling from Covid-19 impact

Bike taxi and scooter rental firms back on the roads in several cities

Few of these companies are offering services like home delivery of sanitised vehicles, apart from sanitisation kits

Ola follows Uber, lays off 1,400 staff as Covid-19 hits ride-hailing biz

Ola's revenue has come down 95% in the past 2 months because the disruption caused by the coronavirus.

Consumers reluctant to visit restaurants amid Covid-19: LocalCircles Survey

87% citizens do not want to visit a restaurant in the next 30 days; 25% consumers say they will order restaurant food via food delivery apps

Most essentials coming from local retailers; availability via e-com dips

With the commencement of lockdown 4.0, a plethora of relaxations has been announced by the Ministry of Home Affairs (MHA)

Limited Flipkart sales in India hit our growth: Walmart CEO Doug McMillon

Closure of stores, warehouses contributed to volatility in first quarter: McMillon

Lockdown 4.0: Ola resumes services in Karnataka with enhanced measures

Akin to the over 100 cities where Ola is now operational, enhanced protocols are applicable

Lockdown 4.0: E-commerce majors gear up to resume operations across India

Red zones comprise about 130 districts of the country and analysts estimate that the e-commerce companies, as well as the retailers, witness at least 75 per cent demand from these locations

Technology investor Iron Pillar adds $45 million top-up to its Fund-I

The top-up Fund will provide Iron Pillar additional capital to back specific Fund I portfolio companies

Rebel Foods woos consumers with temperature check of staff, healthy food

With over 350 kitchens, Rebel Foods said it is able to deliver food across the nation even under the current circumstances

Consumer internet firms offer support schemes for their freelance workers

Move aimed at providing their financial and healthcare support during time of pandemic

Caspian Debt receives $20 mn from US govt agency as long-term debt

Caspian aims to use the funds to invest in under-served emerging enterprises and women-centric businesses.

Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up

He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board

Amazon offers special delivery of essentials in Mumbai's containment zones

Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will take the packages to the customer's doorstep

India business most affected due to coronavirus lockdown: Amazon CFO

Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown

Ola launches rideshare option 'Pro' with super-sanitised in-car experience

The Ola Pro trial, which begins in Sydney, introduces a fleet of specially fitted out vehicles fitted with a transparent plastic barrier separating the driver and rider.

Flipkart, cab operator Meru join hands to deliver essential products

Meru to deliver essential goods to Flipkart customers in Ozone sanitized cabs across Delhi NCR, Bengaluru and Hyderabad

Trucking tech company BlackBuck waives off commission for truckers

Manufacturers, traders and other shippers can use the Blackbuck platform and gain access to a million trucks