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Nykaa shares jump 7% as FY30 roadmap impresses Street

Bengaluru, June 18 -- Shares of Nykaa parent FSN E-Commerce Ventures Ltd rose over 7% on Thursday after the company said it is targeting gross merchandise value (GMV) of more than $5 billion by FY30, ... Read More


L'Oreal acquires majority stake in Innovist as global giants double down on India

New Delhi, June 18 -- French beauty giant L'Oreal has agreed to acquire a majority stake in Indian personal care company Innovist, in a deal that highlights intensifying competition for high-growth di... Read More


US-Iran deal eases pressure on consumer firms, but no relief for shoppers yet

Bengaluru, June 17 -- As crude prices tumble on hopes of a US-Iran peace deal and the reopening of the Strait of Hormuz, India's packaged consumer goods makers are cautiously optimistic that months of... Read More


IPO-bound InMobi bets on AI-powered ads

Bengaluru, June 15 -- InMobi is building a new generation of advertising products designed for an Internet increasingly shaped by artificial intelligence (AI), as the Bengaluru-based adtech firm looks... Read More


Nykaa Fashion's turnaround is taking shape, but the hard part lies ahead

Bengaluru, June 14 -- Ask a beauty shopper where they would buy a Charlotte Tilbury lipstick or a Rare Beauty blush, and chances are Nykaa will feature on top of the list. Ask the same shopper where t... Read More


Meesho Makes a Rs.202-crore bet on India's kirana ecosystem

New Delhi, June 12 -- Meesho Ltd will acquire kirana-focused business-to-business (B2B) commerce platform Kirana Club for about Rs.202 crore, according to a stock exchange filing on Friday. The e-comm... Read More


Logistics firms build out data muscle as quick commerce rewires supply chains

BENGALURU, June 11 -- India's logistics firms are expanding their data and intelligence offerings as brands selling on quick commerce platforms demand granular insights to manage inventory and reduce ... Read More


IPO-bound Zepto leans on ads to offset lower commissions, keep prices low

BENGALURU, June 9 -- IPO-bound Zepto is increasingly relying on advertising revenue from consumer brands on its platform to offset lower merchant commissions and keep product prices competitive, in a ... Read More


Zepto leans on ads to offset lower commissions, keep product prices low

BENGALURU, June 9 -- Quick-commerce firm Zepto is increasingly relying on advertising revenue from consumer brands on its platform to offset lower merchant commissions and keep product prices competit... Read More


A little bit slow off the gate in quick commerce, says Amazon India head as company ramps up quick commerce push

BENGALURU, June 8 -- For years, Amazon set the pace for faster delivery in Indian e-commerce. Then quick commerce reset expectations altogether, compressing delivery windows from days to minutes. "We... Read More