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One in every five online orders had a kurti or saree in their cart: RedSeer

This festive season saw bumper sales online according to a Redseer report, which also said that abo…

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10 million people tried Ola for the first time last fiscal year, says CEO Bhavish Aggarwal

Ten million people tried Ola for the first time in the financial year 2021, the ride hailing giant’…

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SME financing platform OfBusiness raises $110 million from Falcon Edge Capital – valuation hits $800 million

Business-to-business platform OfBusiness has raised $110 million from Falcon Edge Capital. The roun…

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India Internet GMV hits $65 billion in 2020,says report

The overall India Internet gross merchandise value (GMV) grew to $65 billion in 2020, and is now cr…

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Online festive sales to clock a GMV of $4.8 Billion in 2021, with a 30% growth YOY: RedSeer

The sellers are very bullish on this year’s sales and are looking to recover the losses suffered du…

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Google-backed Dunzo GMV neared ₹600 crore from 8 cities in FY21, CEO says they'll start expanding now

Gross merchandise value (GMV) of quick commerce app Dunzo neared ₹600 crore in the financial year 2…

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Americans can’t resist the Alibaba Singles’ Day Sales – US tops in GMV for sales from the Chinese e-commerce giant so far

1 United States 2 Russia 3 France 4 Malaysia 5 Singapore 6 Spain 7 Australia 8 Korea 9…

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Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20

When contacted, Grofers CEO and co-founder Albinder Dhindsa said, "Grofers GMV (gross merchandise …

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Thanks to demonetization, Paytm is making Rs 120 crore per day; achieves target before deadline, crosses $5 billion GMV

Within 12 days, Paytm has witnessed over 7 million transactions worth Rs 120 crore a day. Gross Mer…

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Fast growing Indian e-commerce market is now slowing down

As per TOI report, there has been a huge difference in online retail market from May 2015 to 2016 w…

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Flipkart is doing everything to achieve its GMV target, rolls out easier loans for merchants

As Flipkart’s rivals such as Snapdeal and Paytm are leaving no stone unturned to increase their mer…

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Amazon wants India to beat Japan, Germany and UK

The company, however, declined to give any figures of its existing business in India. Insiders beli…

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Its Myntra’s turn to say October 13 was terrific!

He further said that the company received about two lakh orders for about five lakh units of goods.…

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Flipkart to add more items on its list, to boost GMV to Rs 76,000 crore

Flipkart is adding highmargin categories such as furniture, homes and travel booking and sharpening…

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Amazon India to touch $81 bn GMV by 2025 but will remain behind Flipkart, suggests report

The report said Amazon's GMV market share will improve to 37% by 2019 from 21% in 2015. It expects …

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3 mins read

Two Million Pre-Owned Mobile Phones with a combined GMV of $270 Million were sold on OLX last year

According to CRUST the desire to ‘upgrade’ is the primary reason for selling mobile phones for …

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6 mins read

Want To Buy Your Beloved Land On The Moon? This Start-up Helps You Find The Perfect Gift

As gifts are curated from some of the best brands, users can access the very best that is available…

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8 mins read

Indian E-com Players Are Raising Big Money; These 5 Takeaways Can Help You Understand What’s Changing

With the lone exception of Snapdeal that runs a 100% marketplace, most of the big e-commerce entiti…

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1 min read

Myntra wants to grow its GMV by 10 times during end of reason sale starting Jan 2

The sale will be held on January 2-3, 2016 and will have a huge collection of specially curated sty…

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E-commerce sales expected to reach ₹1.2 lakh crore this festive season

The festive season is here and e-commerce giants Amazon, Flipkart and other companies have started …