India Ecommerce Market

Meesho gears up for $1 bn IPO; enlists Morgan Stanley, Citi as advisors

Bankers have pitched a valuation of $10 billion for Meesho's IPO with plans to file draft papers in the coming weeks, seeks listing by Diwali

Reducing fees helps sellers reach deeper into Tier 3, 4 cities: Amit Nanda

Nanda said this is Amazon India's highest-ever reduction in seller fees to support lakhs of small businesses across the country selling on its platform

India's e-commerce to reach $550 bn by 2035 driven by Tier II-III demand

Demand for mall space has also increased, signalling growth in both e-commerce and brick-and-mortar retail industries: Report

Meesho launches 'creator marketplace' to ramp up influencer-driven traffic

The e-commerce firm is partnering with creators who resonate with the diverse lifestyles of its 187 million annual transacting users

Protecting consumers: Rules for ecommerce must be comprehensive, clear

Estimated at around $137 billion, India's ecommerce market is projected to expand at a compound annual growth rate of over 20 per cent between 2025 and 2030

Get smartphones home delivered in 10 mins: Blinkit's latest q-commerce deal

Blinkit CEO Albinder Dhindsa said the q-commerce platform has partnered with Xiaomi and Nokia to deliver their bestselling range in parts of Delhi NCR, Mumbai, and Bengaluru

Delhivery launches rapid commerce with 2-hr delivery service in Bengaluru

Delhivery launches Rapid Commerce, a sub-2-hour delivery service for D2C brands, expanding in Bengaluru with plans for more cities, enhancing customer experience and satisfaction

Foster competition: Policy should support, not restrict quick commerce

At a broader level, it's time for the government to frame the much-awaited e-commerce policy, which has been in the making for years now

Zepto sets up a new entity to streamline its operations ahead of IPO

In the second half of 2024, Zepto had picked investment banks like Goldman Sachs, Morgan Stanley, and Axis Capital as advisors for its IPO

Blinkit ups quick commerce game, announces 10-minute ambulance service

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

From toys to electronics and gold: Indians shift to quick 10-minute orders

The big spenders hailed from Delhi and Dehradun, splurging over Rs 20 lakh each on Swiggy Instamart this year

India not tougher than other markets: Amazon India head Samir Kumar

On quick commerce, he says a pilot for 15-minute delivery is starting in Bengaluru this month

Amazon affirms commitment to enabling $80 bn exports from India by 2030

E-commerce major Amazon on Tuesday pledged its commitment to enabling USD 80-billion in cumulative exports from India by 2030. The new vision marks an ambitious scale-up from the target so far of USD 20 billion by 2025. Amit Agarwal, SVP, Emerging Markets, Amazon, announced the commitment at the company's annual 'Smbhav Summit'. To achieve this goal, Amazon is collaborating closely with the government, lakhs of Indian small businesses, D2C brands, as well as other key stakeholders, he said. "Motivated by the progress that we made in driving exports out of India... we are going to advance our commitment to enable USD 80 billion in exports by 2030," Agarwal said. Since its launch in 2015, Amazon Global Selling has over 150,000 registered sellers from 200-plus cities across India who are set to surpass USD 20 billion in cumulative exports from India by 2024-end, according to a company blog. "This significant milestone will be driven by a combination of enabling exports through Amazo

E-comm firms must ensure transparency, trust: Pralhad Joshi at Amazon event

Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant role to play in ensuring transparent, trustworthy, and safe shopping environment for all consumers. Speaking at Amazon smbhav Summit, Joshi outlined the government's all-out efforts to ensure that consumer rights are protected through slew of measures such as Consumer Protection Act, establishment of central consumer protection authority, consumer helplines, and specific rules to protect consumers from unfair trade practices in e-commerce sector. The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size, and potential of India market. "While this digital revolution offers incredible opportunities, our government believes it is equally important for our consumers to feel confident and make informed choices, and for the e-commerce platforms to gain the trust and the confidence of the consumer is equally very, very, .

Horses for courses: ITC devises bespoke plans for distribution channels

In Q2FY25, ITC's sales on quick commerce grew by over 50 per cent year-on-year on a smaller base, contributing 50 per cent of its overall e-commerce sales

Quick commerce major Zepto is India's most funded startup in 3 years

IPO-bound company has raised $1.35 billion in 2024

ED probes Amazon, Flipkart over ties with top sellers, alleges FEMA breach

The ED has reportedly quizzed the 'top' five sellers of both firms and found that many are former employees or relatives of former associates of Amazon and Flipkart

Meesho under fire for selling t-shirts with Lawrence Bishnoi's image

A social media post was shared by filmmaker Alishan Jafri, who pointed out a series of t-shirts being sold on the company's platform, featuring Lawrence Bishnoi's images

Diwali: Zepto collaborates with over 500 artisans to promote local products

Zepto outlined its project of working with 50 families from the Prajapati clan, a community of Kumhars (potters), to support their livelihood, which largely depends on festivals like Diwali

Quick commerce firms don't display items' best before dates: 57% shoppers

Six out of ten consumers told a survey that most quick commerce and some ecommerce platforms were failing to display the 'best before date' as mandated by law