ONDC ETAILERS
ONDC’s first buyer side logistics app to fix a big gripe
MP2 Innovations, led by Mahesh Herle, enhances ONDC by providing a seamless logistics solution for ecommerce players, aiming to address operational challenges and improve delivery experience. Integration with major ecommerce platforms is crucial for ONDC's growth.
Exclusive: Flipkart-Zepto deal talks falter; quick commerce startup opts for financial investors
The strategic sale discussions are unlikely to be revived. Quick commerce company Zepto is now in discussions for fresh funding at a likely $2.5 billion valuation. It has held talks with the likes of General Atlantic, ADIA, among others.
Inside Flipkart’s top-deck churn; FM to meet fintechs
At least four senior vice-presidents (SVPs) at Flipkart including Ayyappan R, head of travel booking website Cleartrip; Amitesh Jha, who leads marketplace and categories; fintech and payments head Dheeraj A; and Bharath Ram, who spearheads growth and retention at the web retailer, are likely to be leaving the company, according to multiple people in the know.
ONDC to evaluate etailers based on commitment, says CEO Thampy Koshy
In April 2022, the network piloted a soft launch in five cities - Bengaluru, Delhi NCR, Shillong, Bhopal and Coimbatore. Since then, ONDC has also started a beta pilot in Bengaluru and in some tier-II cities.
Behind Meesho’s reset; SVB hit Indian startups moved funds to Gift City, other countries
Until early in 2022, ecommerce startup Meesho was burning around $40 million a month in cash as it took on bigger rivals Amazon India and Walmart-owned Flipkart. As the etailer cuts its spends, growth has slowed down. Today we take a closer look at the company’s numbers and analyse its strategy.
2022 Year in Review: Ecommerce sector faces a post-Covid test
From a constant tussle between Flipkart and Amazon for the numero uno spot and new launches fuel the race to delayed IPOs and regulatory concerns forcing the shutting of etailers , ecommerce had an eventful 2022.
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Etailers tell sellers to prepare for Sept-end festive sales; scramble for workers begins
Several brands, sellers and ecommerce executives expect a noteworthy change in consumer sentiment, potentially resulting in 30-40% higher sales than last year.
Yes Bank partners with SellerApp to facilitate adoption of ONDC
ONDC, led by Koshy, is onboarding partners on both buyer and seller side as it had announced plans to be in 75 cities this month and expand into categories like electronics, fashion and others.
IPO-bound FirstCry eyes $4B valuation; Clevertap in talks to raise $75M
The Masayoshi Son-led firm, which is Firstcry’s largest investor, NewQuest Capital Partner, and a few other existing investors are in discussions to offload part of their holdings, they said.
India’s five-year wait for a data law continues
Here’s a look back at how the legislation first came to be, and the twists and turns it took before landing back at square one.
Open Network for Digital Commerce a fascinating idea; excited about prospects: Amazon India exec
Market watchers say that the existing etailing platforms work independently and operate with tight controls, leaving out many small players from the equation.
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