About 16% Early-festive Surge Signals Robust Quarter For D2C: GoKwik
GoKwik says that the shift is coming as consumers seek to beat last-minute supply bottlenecks and secure early discounts
GoKwik says that the shift is coming as consumers seek to beat last-minute supply bottlenecks and secure early discounts
The platform’s direct-to-consumer (D2C) beauty segment is experiencing a strong growth at 105 per cent year-on-year
With the unified payments interface (UPI) maintaining its status as the preferred payment mode, prepaid orders rose three per cent quarter-on-quarter
With GoKwik’s data-intelligence-driven solutions, Plix expects a significant increase in order conversions, a higher prepaid success rate and enhanced cost efficiency
Basil, a consumer houseware business, said on Monday that it has secured Rs 3.6 crore in initial investment from IIMA Ventures (previously IIMA-CIIE) and Appreciate Capital. Angel investors in the round included Mohit Sadaani, Co-Founder of The Moms Co., Aprameya Radhakrishna, Co-Founder of Koo, Abhishek Goyal, Co-Founder of Tracxn, Malini Adapureddy, Founder of Deconstruct, and […]
Country Delight, a direct-to-consumer (D2C) fresh foods brand has raised around USD 20 million (around Rs 164 crore) in a funding round led by Singapore’s sovereign fund Temasek, which is one of its backers. In addition to Temasek-owned asset management business Seviora, which invested through its agriculture and food-focused investment vehicle, Seviora T3F Fund, another […]
Omnichannel beauty retailer Sugar Cosmetics recorded a noteworthy 89% year-on-year surge in operational revenue for FY23, reaching Rs 420 crore, while maintaining a steady net loss of Rs 76 crore. The Mumbai-based company witnessed a substantial 68% increase in total expenses to Rs 505 crore, mainly attributed to heightened expenditure on stock-in-trade acquisitions due to […]
A look into the headlines that caught the reader’s interest most in the year gone. India’s Ecommerce Logistics Market All Set To Witness Exponential Growth India’s logistics sector has emerged as a market differentiator, with an increasing emphasis on efficiency and visibility within the supply chain. Recently, India made significant progress on the World Bank’s […]
Brainbees Solutions (FirstCry), a retail platform specialising in products for mothers, babies, and kids, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the company includes a fresh issue of equity shares totaling up to Rs 18.16 million and an offer-for-sale […]
The year 2023 has proven to be a pivotal and transformative period for India’s ecommerce sector, marked by noteworthy shifts in consumer dynamics, technological innovations, and regulatory frameworks. As the industry reflects on the past year, key players across various domains within the e-commerce landscape unveil critical insights into the transformative trends that have defined […]