Page 3 - E-commerce Companies

Amazon onboards BRISKPE as PSP to help Indian sellers scale globally

Amazon has recognised BRISKPE as a Payment Service Provider (PSP) and authorised it to provide cross-border payments on its marketplace. BRISKPE, backed by global investment firm Prosus, has rolled out the 'Launchpad', a new initiative aimed at transforming how Indian sellers expand globally, the payment service provider said in a statement on Friday. With this launch, BRISKPE moves beyond just powering payouts to building a full-stack ecosystem that helps sellers scale like global brands, it said. "The PSP approval from Amazon affirms the strength of our payment infrastructure...we're building a support system that gives Indian MSMEs the tools, partnerships, and confidence to succeed globally," Sanjay Tripathy, Co-founder and CEO of BRISKPE, said. The 'Launchpad' offers Indian Amazon sellers a complete suite of enablers: global shipping partners, tax consultants, marketplace experts, account managers, and compliance advisors -- all curated and integrated into one seamless platform

Swiggy Instamart launches new in-app feature 'Maxxsaver' for savings

Swiggy Instamart currently offers over 35,000 products, ranging from groceries and daily essentials to electronics, smartphones, fashion, makeup, and toys

Nykaa expects strong growth in Q4 FY25, beauty vertical leads charge

The company's revenue growth for FY25 is also expected to be in the mid-20 per cent range

India's express parcel market to touch 24-29 bn shipments by FY30: Report

India's express parcel market is expected to witness a sharp uptick and touch 24-29 billion shipments by FY30 driven by the expanding e-commerce sector, and the rise of hyperlocal and the quick commerce segment, Redseer said in a report on Friday. For the current financial year (FY2025), the parcel market is estimated to reach 10-11 billion shipments in FY25, the report said, adding that the e-commerce segment accounted for more than 50 per cent of the express parcel market, with approximately 4.8-5.5 billion shipments this fiscal. "India's express logistics market is going through a major shift, driven by growing digital adoption and consumers becoming more comfortable with e-commerce," said Mrigank Gutgutia, Partner at Redseer Strategy Consultants. Gutgutia further noted that express logistics players need to realign their strategies to stay ahead and make the most of the fast growing e-commerce and hyperlocal opportunity landscape. The report suggests that the trends in the ...

Govt may ask aggregators to pay 2% of gig workers' income towards pension

All major platform aggregators such as Swiggy, Zomato, Uber, and Blinkit are likely to contribute to the pension fund

India's quick commerce made two-thirds of all 2024 e-grocery orders: Report

The industry, which is dominated by the likes of Zomato-owned Blinkit, also accounted for a tenth of overall e-retail dollars spent in 2024

Zepto in negotiations for $250 million secondary sale ahead of IPO

The private equity arms of Motilal Oswal Financial Services Ltd. and Edelweiss Financial Services Ltd. are in discussions with the Bangalore-based startup to buy shares in the secondary sale

Swiggy Instamart expands to 100 cities amid rising quick commerce demand

Last month, Swiggy Instamart launched in Raipur, Siliguri, Jodhpur, and Thanjavur, providing access to over 30,000 products, from groceries and daily essentials to electronics and fashion

Amazon partners with Youth4Jobs to empower women sellers with disabilities

E-commerce major Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by providing essential resources, tools, and training to succeed in the digital e-commerce ecosystem. Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers, according to a company statement. The alliance aims to bridge the gap between talented women with disabilities and wider market opportunities, and help them leverage the Amazon platform to grow their business online, it said. The women sellers will get hands-on training in digital marketing, performance marketing, product listing optimisation, and advertising solutions to help them establish a robust online business. They will also get access to data-driven insights and metrics to attain a greater understanding of customer behaviour, expectations, and key market trends. "Our collaboration with Youth4Jobs aims to support wo

India's qcom may struggle to maintain current growth: Blume Ventures

These companies deliver groceries to electronics within minutes and their market share has grown to $7.1 billion in fiscal year 2025 from just $300 million in 2022

Platforms for Viksit future: Driving growth without replacing kiranas

The fear that platforms will replace kiranas is misplaced. India needs a platform-driven economy to fuel growth and innovation

Fashion and beauty lead as tier-III cities drive e-commerce growth in 2024

Items like casual wear and western apparel emerged as the most sought-after products in 2024, followed by beauty, wellness, and personal care segment that constituted 20 per cent of the total orders

Vietnam suspends Chinese online retailer Temu as it fails to register

Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of Chinese e-commerce giant Pinduoduo, will be allowed to resume its business once it registers. The suspension comes after the ministry had raised concerns about the authenticity of Temu's extremely cheap products and their impact on Vietnamese manufacturers. Temu said Thursday it was working with the Vietnam E-commerce and Digital Economy Agency and the Ministry of Industry and Trade to register its e-commerce services and had submitted required documents. Temu began selling goods in Vietnam in October with aggressive discounts and free shipping. The government had warned the company that its app and website would be blocked if it did not register before an end-of-November deadline, official Vietnam News Agency cited the Ministry of Industry and Trade as saying. On Thursday, Vietnamese ...

Delhi pollution: Police asks e-commerce platforms to stop firecrackers sale

directive comes in a bid to protect the health and well-being of citizens directly due to increasing pollution and to prevent sale of firecrackers through e-commerce platforms

Amazon expands cross-border logistics programme; launches export navigator

E-commerce major Amazon on Tuesday said it has expanded its cross-border logistics programme Global Selling Seller Exports and Delivery (SEND), which will help Indian exporters ship goods abroad. The company also announced the launch of Export Navigator -- a one-stop dashboard to assist sellers with all compliance requirements related to overseas shipment. "Amazon has expanded its flagship cross-border logistics programme, Amazon Global Selling SEND, with the addition of three new carriers on air and ocean lanes from India to the US, the UK, and Germany. "Additionally, to enable a cheap and bulk storage facility for Indian exporters, SEND is now integrated with Amazon Warehousing and Distribution (AWD), a low-cost bulk storage solution that helps sellers with more efficient inventory deployment and distribution," a company statement said. Through SEND, Amazon said, Indian exporters will be able to access cross-border logistics from various third-party providers for shipping goods t

ONDC partners with Nazara to launch in-game shopping platform 'gCommerce'

The platform aims to bolster revenue options for Indian game developers, who face challenges

Amazon launches facility in Bengaluru to train school students in tech

Initiative in AI, robotics aims to have 4,000 'young innovators' by next year

Amazon, Flipkart executives to be summoned as regulatory scrutiny grows

Indian laws prohibit foreign e-commerce players from holding inventory of goods they can sell on their website

Quick commerce dark stores poised to boost India's real estate demand

Q-commerce majors rush to grab these mini warehouses to cut logistics costs and attain the last-mile delivery objective

Amazon's belt-tightening produces strong cloud, e-commerce results

The Amazon Web Services cloud division, which suffered record low sales growth last year, continued to regain momentum during the third quarter