The Ministry of Commerce and Industry has issued a directive to all ecommerce platforms to remove Bournvita and similar drinks from the “Health Drinks” category following an inquiry by the National Commission for Protection of Child Rights (NCPCR). The commission, constituted under the Commission for Protection of Child Rights (CPCR) Act, 2005, concluded that there […]
In a strategic move aimed at enhancing convenience and rewarding customers, Simpl, the mobile-first buy now pay later (BNPL) platform, has expanded its one-tap checkout service on Zepto, a quick commerce startup, to include the latter’s membership programme, Zepto Pass. This expansion comes hot on the heels of Simpl’s recent integration with Zomato, demonstrating its […]
In the latest high-profile exit from Swiggy, Karan Arora, Vice President and Head of Supply Chain Management (SCM) at the food delivery giant, has announced his resignation after a tenure of three and a half years. Arora’s departure adds to a series of top-level exits at Swiggy, with notable figures like Karthik Gurumurthy, the former […]
The Open Network for Digital Commerce (ONDC) has witnessed a remarkable surge in monthly retail purchases, growing sixfold in the last six months to reach a staggering 3.6 million transactions in March. This significant increase, compared to over 600,000 purchases in September last year, reflects the growing popularity and widespread adoption of the platform, according […]
The Food Safety and Standards Authority of India (FSSAI) has issued a directive to all ecommerce companies, urging them to refrain from labelling dairy-based, cereal-based, or malt-based beverages as ‘health drink’ or ‘energy drink’. This move comes in response to the absence of a defined classification for ‘health drink’ in the country’s food laws, and […]
A significant stride towards empowering agricultural communities, the Open Network for Digital Commerce (ONDC) platform has welcomed 5,630 farmers’ collectives across states, enabling them to sell a diverse range of agricultural produce. This initiative marks a pivotal shift towards digital empowerment and market access for small enterprises, presenting an alternative to global e-commerce giants like […]
Flipkart, India’s leading e-commerce platform, has entered into a memorandum of understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), the industry interface organisation of the Indian Institute of Technology, Delhi (IIT-D). This collaboration marks a significant step in Flipkart’s ongoing efforts to strengthen its industry-academic partnerships. Under the MoU, Flipkart will extend […]
Harsh Chaudhary, former Chief Experience Officer (CXO) of monetisation at Meesho, the low-price e-commerce platform, has departed from the firm to join Flipkart, a direct competitor of Meesho. Chaudhary’s move follows his two-year tenure at Meesho and marks a significant addition to Flipkart’s leadership team. As per media reports, Chaudhary’s departure adds to a string […]
At a summit held in Mumbai last month, Sunil Kataria, CEO of Raymond Lifestyle, discussed Raymond’s strategic initiatives aimed at enhancing its appeal among younger demographics and bolstering its ready-to-wear category. Kataria emphasized Raymond’s strategic pivot towards casualization within the menswear segment, aiming to offer a diverse range of options to align with evolving consumer […]
French sports retailer Decathlon is intensifying its investments to bolster production and expand its retail footprint in India, which is deemed one of its “most significant” global markets, according to its Global CEO Barbara Martin Coppola, news agency PTI reported. Decathlon anticipates maintaining its robust growth trajectory in the Indian market, which is also emerging […]
