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TREND | 09 Jan 2025

As Kabeer Biswas jumps to Flipkart, no resolution yet in sight for Dunzo

livemint

Dunzo co-founder Kabeer Biswas who recently resigned as CEO is set to join Flipkart's new quick-delivery business. With Dunzo struggling with $70 million in liabilities, investors are exploring ways to stabilize its operations.

Walmart-owned Flipkart hires Dunzo co-founder Kabeer Biswas to lead Minutes

Business Standard | 09 Jan 2025 3 more

E-Commerce

TREND | 08 Jan 2025

Achint Setia new Snapdeal CEO; Himanshu Chakrawarti to lead Stellaro Brands

Business Standard

Achint Setia has been named chief executive of Snapdeal, while Himanshu Chakrawarti will lead Stellaro Brands, focusing on scaling operations

E-Commerce

TREND | 08 Jan 2025, 12:50PM

Amazon launches new Echo Spot with customisable compact display: Details

Business Standard

Priced at Rs 8,999, the new Amazon Echo Spot is available in Black and Blue colourways on e-commerce platform Amazon India, quick commerce platform Blinkit, and at Croma retail stores

CES 2025: Panasonic's new flagship OLED TV has Amazon Fire TV built-in

Business Standard | 08 Jan 2025, 11:47AM

E-Commerce

TREND | 08 Jan 2025, 06:00AM

Luxury D2C skincare brand RAS raises $5 million in funding from Unilever Ventures, Amazon Smbhav Venture Fund

Business Line

RAS' existing investors, including Sixth Sense Ventures and other notable angel investors, such as Keki Mistry's Family, have also participated in this round

E-Commerce

TREND | 07 Jan 2025, 11:42AM

Flipkart co-founder Sachin Bansal likely to sell $100-million stake in Bhavish Aggarwal's Ola: Report

livemint

Sachin Bansal is looking to sell his Ola stake. The Flipkart co-founder wants to channel the proceeds into his fintech startup, Navi.

E-Commerce

TREND | 06 Jan 2025

With new $650 mn war chest for India, Accel eyes AI, fintech startups

Business Standard

Global venture capital firm Accel on Monday announced that it has raised a USD 650 million early-stage fund to fuel the next generation of category defining startups in the focus sectors of artificial intelligence (AI), consumer, fintech and manufacturing. Accel is the first institutional investor in 80 per cent of its portfolio companies. Its prominent portfolio companies include BlackBuck, BlueStone, Cult.fit, Flipkart, Freshworks, Swiggy, Urban Company and Zetwerk. "Accel, a leading global venture capital firm, today announced that it has raised a USD 650 million early-stage fund dedicated to supporting bold founders in India and Southeast Asia," the company said in a release. Accel said its latest fund eighth in India and Southeast Asia -- builds on its commitment to partnering with early-stage founders to establish disruptive, category defining businesses that create meaningful impact. Sectors in focus for this fund include AI, consumer, fintech and manufacturing. On Accel's

E-Commerce

TREND | 05 Jan 2025

Supreme Court set to hear crucial CCI plea on Amazon, Flipkart cases

Business Line

CCI has sought consolidation of over 20 writ petitions filed by resellers of Amazon and Flipkart across various High Courts

E-Commerce

TREND | 05 Jan 2025

Indian-origin tech companies corner 1/5th of H1B visas issued by US

Business Standard

Indian-origin tech companies cornered a fifth of all H1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies. Out of these, Infosys took the lead with 8,140 beneficiaries, followed by TCS (5,274), and HCL America (2,953). Infosys came second to only Amazon Com Services LLC, which topped with 9,265 visas. Cognizant, which was founded in Chennai but now has headquarters in New Jersey, ranked third in the list with 6,321 visas. The H1B visa programme allows US companies to temporarily employ foreign workers in specialty occupations. Indian companies have been significant beneficiaries of this programme, particularly in the technology sector. Major Indian IT services fi

E-Commerce

TREND | 04 Jan 2025

From Mar-a-Lago dinner to $1 mn pledge: Tim Cook's growing ties with Trump

Business Standard

Cook's contribution comes amid a series of notable financial donations from Amazon, Open AI, Toyota Motor North America, and cryptocurrency firms Kraken, Ripple, and Ondo

E-Commerce

TREND | 03 Jan 2025

Shark Tank India Season 4: List Of All Judges Who Have Appeared On The Show

NDTV Profit

Shark Tank India Season 4 will see the introduction of two new judges Kunal Bahl, co-founder of Snapdeal and Titan Capital and Viraj Bahl, founder and managing director of Veeba/VRB Consumer.