Baby-Focused Quick Commerce Startup Peeko Nets $7 Mn To Double Dark Store Count

India, Aug. 20 -- Babycare-focused quick commerce startup Peeko has raised $7 Mn (Rs.67.4 Cr) in its Series A funding round led by Chiratae Ventures. The round also saw participation from existing inv... Read More

CCPA Fines Amazon Over Fake 'Shree Ram Mandir Ayodhya Prasad' Listing

India, Aug. 20 -- The Central Consumer Protection Authority (CCPA) has imposed a Rs.1 Lakh penalty on ecommerce major Amazon over the sale of sweets on its marketplace under the misleading claim that ... Read More

Swiggy Shares Jump Nearly 5% As Jefferies Sees 60% Upside

India, Aug. 20 -- Shares of foodtech major Swiggy surged nearly 5% to hit an intraday high of Rs.285.35 apiece on the BSE on today after brokerage firm Jefferies turned positive on the stock following... Read More

Shiprocket Soars Over 9% After Goldman Sachs Buys Shares Worth Rs.52.7 Cr

India, Aug. 20 -- Shares of ecommerce enablement platform Shiprocket rose as much as 9.3% to an intraday high of Rs.156.81 on the BSE today, extending gains in their second trading session. The stock... Read More

Meta Begins Action Against Centre's Concerns Over CSAM, Deepfakes: Report

India, Aug. 18 -- Social media giant Meta has reportedly begun taking steps to address concerns raised by the Central government over child sexual abuse material (CSAM), deepfakes, unlabelled AI-gener... Read More

DeHaat's Honest Farms Raises Rs.35 Cr To Expand Retail Footprint, Product Portfolio

India, Aug. 18 -- DeHaat Honest Farms, the consumer food brand launched by agritech startup DeHaat, has raised Rs.35 Cr in a pre-Series A funding round led by OTP Ventures. The round also saw partici... Read More

Now, ixigo Partners With Uber To Enable Train Ticket Booking Via Its App

India, Aug. 18 -- Online travel aggregator (OTA) ixigo has entered into a partnership with ride-hailing major Uber to enable train-ticketing via the latter's app. Launched today (August 18), the servi... Read More

Colgate Turns To Bombay Shaving Company To Fix Palmolive's D2C Play

India, Aug. 18 -- Colgate-Palmolive India has partnered with D2C startup Bombay Shaving Company to drive the D2C and ecommerce business of its personal care brand Palmolive, as the FMCG major looks to... Read More

Zaggle Plunges 20% To Hit Lower Circuit After Q1 Profit Slump

India, Aug. 17 -- Shares of fintech SaaS company Zaggle Prepaid Ocean Services plunged 20% during the intraday trading today to Rs.160.45 apiece, hitting their lower circuit and a 52-week low after th... Read More

When A Sale 'Dies': Did Flipkart's Dark Humour Go Too Far?

India, Aug. 17 -- Flipkart wanted to draw attention to the final day of its Freedom Sale. Instead, its obituary-style print advertisement has triggered a debate over dark humour and how far brands sho... Read More

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