The e-commerce industry in India is undergoing a paradigm shift, fueled by technological innovation, a burgeoning digital economy, and an increasingly connected population. Projected to reach an impressive $325 billion by 2030 (Source: Deloitte), this dynamic market is reshaping consumer behavior and business strategies alike. The rise of e-commerce is not merely a retail […]
Attorney General R. Venkataramani on Thursday urged the Chief Justice of India (CJI) to list the Competition Commission of India’s (CCI) plea seeking consolidation of writ petitions filed by e-commerce resellers. The matter, which Venkataramani mentioned before CJI, is expected to be heard on Monday. CCI has approached the Supreme Court seeking the transfer of […]
Kolkata Confronting the burgeoning e-commerce wave, brick-and-mortar retailers are going ahead with store expansion plans, with a particular focus on expanding the footprint in the tier-II and III cities of the country. In the evolving retail landscape, many e-commerce players are now opening stores and direct-to-consumer (DTC) brands are launching offline businesses for higher […]
Indian Railways is working on an express parcel delivery service – tentatively named as Vande Bharat Parcel Service – targeting niche products, e-commerce and quick-commerce items that include apparels, mobile phones, other lighte-weight cargo and perishables, a senior official aware of the discussions told businessline. Prototype and designing of these special coaches – which need […]
The Food Safety and Standard Authority of India (FSSAI) has directed e-commerce players, which includes quick commerce firms, to ensure that claims made on their platforms regarding food products are “fully aligned” with the physical labels. It also said platforms must have mechanisms in place to ensure products listed are in compliance with the labelling […]
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a stock exchange filing on Thursday. The Alibaba E-commerce Business Group, as the unit will be called, brings together the Taobao and Tmall Group and the Alibaba […]
Ho Chi Minh City, Vietnam: Global IT corporation FPT and Sitecore, a global leader in digital experience platforms, announced the launch of an AI-powered e-commerce accelerator, ON.E. Powered by Sitecore’s OrderCloud APIs and FPT’s technological expertise and extensive delivery experience, ON.E is designed to accelerate time-to-market, enhance development efficiency, and […]
Bangalore, Karnataka, India: This brings BiteSpeed’s total capital raised to $5.6M, following two previous rounds: a $1.9M round led by Peak XV’s Surge and a $275K round led by Whiteboard Capital. The E-commerce AI startup also has more than 30 angel investors including Kunal Shah (CRED), Ritesh Malik […]
The Food Safety and Standard Authority of India (FSSAI) has directed quick commerce players, e-commerce platforms and online sellers to strictly comply with expiry date and labelling regulations and cautioned them against making misleading claims. It also emphasised on the implementation of food safety regulations throughout the entire supply chain, including in storage, transportation, logistics […]
The Food Safety and Standards Authority of India (FSSAI) is looking to formulate a Standard Operating Procedure (SOP) for online deliveries of food products through quick commerce and e-commerce platforms to ensure compliance with food safety standards in the entire supply chain. Sources said that the SOP is likely to define parameters for packaging, handling […]
