Abhishek Chakraborty, CEO of DTDC Express Limited, shares his journey of modernising a legacy logistics business, empowering women teams, and redefining customer experience in India’s e-commerce era.
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
Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout
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 .
Record orders and rising profitability show the network is hitting full stride
Ethnic wear, beauty, and sportswear drive growth as smaller cities account for 70% of orders during Myntra's Big Fashion Festival, reflecting strong festive sentiment
Amazon Fresh has expanded its reach to more than 270 cities across India, including tier-2 and tier-3 towns, with 40,000 products and partnerships with 13,000 farmers
India is set to ease foreign investment rules for e-commerce exports, allowing firms like Amazon to buy directly from Indian sellers and sell products overseas, boosting trade potential
Meesho recorded 240 million visits and Shopsy saw 70% of orders from tier-3 towns as India's festive e-commerce battle shifts to smaller cities and value shoppers
Major delivery platforms commit to adopting EVs for last-mile deliveries, but upfront costs of EV two-wheelers and lack of reliable charging infrastructure remain barriers
The study attributes the momentum to a combination of factors like lower borrowing costs following repo rate cuts, pent-up demand, higher disposable incomes, and improved rural earnings
Sivanandan, who has led Jio Mobile Digital Services and Disney+ Hotstar, will take over Tata Digital after a leadership vacuum since Naveen Tahilyani's exit in May
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 ...
Amazon India has created over 150,000 seasonal jobs across 400 cities to gear up for the festive shopping season, expanding initiatives for women, PWDs, health and associate welfare
Swiggy partners with Bounce to deploy e-scooters for delivery partners, starting in NCR and Bengaluru, to lower costs and reduce carbon footprint of last-mile deliveries
Amazon expands its 10-minute delivery service to Delhi, stepping up its quick commerce push with ₹2,000 crore investment
Despite quick commerce players extending operations to over 100 cities, Redseer notes that non-metro representatives of 90+ cities contribute just over 20 per cent of quick-commerce GMV
IPO-bound Shiprocket, an e-commerce enablement platform, on Thursday announced a strategic partnership with AI-native commerce platform Fynd to enhance last-mile delivery for over 300 direct-to-consumer brands. With this partnership, Fynd will also integrate Shiprocket's logistics provider aggregation services, including courier selection, price comparisons, and order tracking, enabling brands on Fynd to fulfil orders using Shiprocket's logistics partners, the company said in a statement. The service is already live for over 300 active direct-to-consumer brands on Fynd's order management system. With Shiprocket's network, the partnership is expected to improve delivery timelines, especially in Tier II and Tier III markets, it added. "This partnership brings logistics automation and delivery optimisation to the fingertips of Fynd's brand ecosystem. Partnering with Fynd brings that vision to life for hundreds of growing D2C businesses," said Shiprocket's Chief Executive Officer ...
FSSAI to lead surprise inspections as complaints about poor hygiene and expired products in dark stores mount; packaged food brands urge quick commerce platforms to improve standards