BlissClub, a Bengaluru-based direct-to-consumer (D2C) activewear brand focused on women, witnessed a significant surge in its operating revenue, reaching Rs 68 crore for the financial year ending 31 March 2023. However, the company also experienced increased losses, amounting to Rs 36 crore, marking a fourfold rise compared to the same period in the previous year, […]
Zomato’s shares opened higher on 22 December, a day after CEO Deepinder Goyal denied reports of the company planning to acquire Shiprocket for USD 2 billion. Goyal stated in a post on X (formerly Twitter), “We have noticed that there are certain news articles circulating in the mainstream media with the subject ‘Zomato offers to […]
Unicommerce, an ecommerce enablement SaaS platform, expanded its suite of SaaS solutions with the launch of UniShip, an integrated post-order journey solution with shipment tracking and a smart courier partner allocation engine for D2C brands and online retailers. UniShip seamlessly manages three kinds of post-shipment journeys: orders en route to buyers, orders returned by buyers and […]
Usually, during marketplace sales, direct-to-consumer (D2C) brands see a dip in order volumes on their websites. However, this year, brands on the GoKwik network saw a reverse trend. There was a massive surge in order volumes on their platforms during the peak marketplace sale period this year, a unique turnaround in the ecommerce industry from […]
Fashion e-tailer AJIO, a part of Reliance Retail, has launched a D2C-focused content-driven interactive e-commerce platform AJIOGRAM. With this initiative, the e-tailer said it aims to empower Indian fashion startups that are “challenging the norms with their vision and innovative products”. AJIOGRAM, which can be accessed by switching stores within the AJIO app, aims to […]
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]
From brick-and-mortar to digital stores, the retail industry has changed over the years and is still evolving. During the pandemic, with half of the retail stores shut, many people believed that even after the end of Covid-19 the retail stores would not have as much value as they held before because people started shopping online. […]
Mitra, a direct-to-consumer (D2C) and Fast Moving Consumer Goods (FMCG) brand has opened its Alwar Oil Plant. According to the company, it has imported advanced machinery from Germany, ensuring a no-human-touch manufacturing process. Subsequently, the decision to set up the plant was driven by market demand and the need to introduce new oils, including soya […]
Simpl, a merchant-first checkout network, on Thursday, announced its plan to onboard over 10,000 enterprises and direct-to-consumer (D2C) merchants from Delhi-NCR on its full-stack network over the next 3-4 years. According to the company, this move aims to bolster the city’s rapidly growing start-up ecosystem and cater to the evolving demands of customers across the […]
POP, an ecommerce enablement start-up has launched its first-of-its-kind growth solutions platform focused on direct-to-consumer (D2C) brands. Founded by former Flipkart Senior Director Bhargav Errangi, POP has onboarded more than 75 leading consumer brands within a span of one month of its launch. POP has built a ubiquitous shopping currency called POPcoins that users can […]
