India and the US signed a memorandum of understanding (MoU) on the semiconductor supply chain and innovation partnership during the India-USA Commercial Dialogue, re-launched with a strategic outlook with a focus on supply chain resiliency and diversification and new emerging areas, after a gap of three years. Union Commerce and Industry Minister Piyush Goyal and […]
Flipkart’s initiatives to generate opportunities for women in rural and small-towns around the country have enabled the workforce to supplement family incomes and enhance access to education and health care for their children. The company has seen a rise in female representation, with over 10,000 women joining the workforce across its value chain over the […]
Flipkart India Private Limited launched the ‘Flipkart Samarth Krishi’ program with the aim of providing India’s farming communities and Farmer Producer Organisations (FPOs) with national market access and more negotiation power through its platform. Aligned with the government’s commitment to empower Indian farmers and boost the agricultural sector, the ‘Flipkart Samarth Krishi’ program seeks to […]
Flipkart has strengthened and expanded its supply chain across the country to support national market access for lakhs of MSMEs, sellers, artisans and farmers in rural and small-town settings while catering to the growing needs of over 450 million Flipkart consumers. Flipkart’s tech-enabled pan-India supply chain network, that spans across over 20,000 pin codes, delivers […]
Alibaba Group Holding announced higher-than-expected quarterly revenue on Thursday, as the Chinese e-commerce giant benefitted from the country’s relaxation of Covid-19 restrictions. The firm has withstood China’s sluggish economy, which just loosened its zero-COVID policy last December after three years. Sales increased 2 per cent to 247.76 billion yuan (USD 35.92 billion) in the fiscal […]
Ekart, India’s largest supply chain network will now make its warehouses across the country available to brands, manufacturers, retailers, and SMEs as a part of its vision to become a 4PL (fourth-party logistics) player in the country. The initiative will enable brands of all sizes, manufacturers, and retailers from across industries to leverage Ekart’s technologically […]
Shopify (NYSE: SHOP), a provider of essential internet infrastructure for commerce, has today launched a reimagined Partner Program, marking the beginning of a multi-year vision for partners in India as Shopify enters its next era of growth. Since the inception of the Shopify Partner Program over a decade ago, Shopify’s partner network has become the […]
FreshToHome, the world’s largest fully integrated online consumer brand for preservative and antibiotic-residue free fresh fish and meat, has closed USD 104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. Existing investors in FreshToHome including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of […]
The Union Health Ministry is likely to take strong action against the misuse of drugs by the E- Pharmacies including their closure, official sources said on Thursday. “The E- Pharmacies are currently following that business model which can be problematic for patients who are ordering medicine online, their data privacy at risk and possibility of […]
Of the 19,000 MoUs signed by the Uttar Pradesh Government at the recently concluded three-day Global Investors Summit 2023 here, about 9,000 belong to the Micro, Small, and Medium Enterprises (MSME) sector, according to an official statement. The investors’ summit which came to a close last Sunday was the flagship investment summit of the Yogi […]
