Friday, April 19

Search Results for: RETAIL

Mukesh Ambani’s Daughter To Marry Business Tycoon Soon

Isha Ambani, daughter of India’s richest person, Mukesh Ambani and Nita Ambani, is set to marry Anand Piramal, son of Ajay Piramal and Swati Piramal, in India this year. Anand and Isha have been long-time friends and the former dropped the knee over the weekend at a temple in Mahabaleshwar. Once the proposal accepted, the […]

The Potential and Growth of Fintech Market in India

In the first decade of the 21st Century, Fintech referred to computer technology applied to the back office of banks or trading companies. It was used as a portmanteau of financial technology for describing any emerging financial services sector. Now, the term has evolved to include any technological innovation in the financial sector, ranging from […]

Facebook Eyes to Hit Indian E-commerce Market with Marketplace

Social Media Giant, Facebook is eyeing to enter a larger piece of country’s e-commerce market which is currently gearing up a faceoff between world’s largest retailers and arch-rivals Flipkart and Amazon. The company is ongoing talks with several businesses and brands to list on Facebook Marketplace. As per the sources are to be believed, it will […]

Flipkart to Provide ‘Complete Mobile Protection’ For Rs 49 per year

Flipkart is launching its very own servicing subscription programme along with the sale launch of the Asus Zenfone Max Pro M1, which went on sale at noon on Thursday and was sold out within minutes. The servicing subscription programme is currently available for the Asus smartphone currently but the leading e-commerce platform intends expand this […]

Consumer Electronics Startup Raises Rs 6 Crore Seed Funding

boAt, a lifestyle brand that delivers consumer technology products raised its seed funding of Rs 6 crore from Fireside Ventures, an early-stage consumer brand-focused investment firm. boAt specializes in providing consumer electronics goods with a touch of fashion. It primarily provides products such as earphones, headphones, speakers, travel charge and premium rugged cables. It aims […]

Google Pay Debuts on Web, Reaches Desktop and iOS

Google Pay, the combined payments system launched by world’s largest tech giant Google, is now being rolled out on the web for desktop and iOS devices. While it is already available on Chrome and Android, the new update will make it work for other browsers too such as Firefox and Safari. Google pay faces sharp […]

Paytm Mall Partners With Asus, Will Provide PoS Solution

Paytm Mall, daughter company of Paytm Ecommerce Pvt. Ltd announced the launch of a connected Point of Sale (PoS) solution for retail stores in a bid to empower shopkeepers in managing their offline and online customers. To implement this new initiative, Paytm Mall signed a strategic partnership with Asus India. Therefore, the PoS solution will […]

New Zealand Government Proposes Amazon Tax For E-Commerce

New Zealand is looking forward to implement a new law that will enable the government to tax purchases such as books, shoes and other small items made online from overseas companies in what will be called the “Amazon Tax.” New Zealand’s revenue minister Stuart Nash announced that the government would work on finding a solution […]

Reliance Registers Positive Revenues Across Several Business Streams

Reliance Industries released filings showing that it registered an all time high net profit for the fourth quarter, amounting to Rs 9,435 crores, thanks to advantageous outcomes in the refining and petrochemical business. The firm, which revealed its fourth quarter and fiscal year accounts, showed a 17.3% increase in profit compared to last year’s figure […]

Mumbai-based Robotics Company Miko Raises $2 Million Funding

Emotix, a revolutionary robotics, and consumer electronics company raised a funding round of over $2 million from IDG Ventures India and YourNest. This funding round also saw the participation of existing angel investor, Keshav Murugest, Executive Officer of WNS Global Services. Emotix, a Mumbai-based company now claims leadership over the social robotics market after taking the […]

China’s First Fully Automated Bank Opens in Shanghai

A state-owned bank in China has opened its first fully automated branch in Shanghai’s Huangpu district that is being marked for country’s first “unmanned bank“. The automated branch is equipped with a facial scanning software, a hologram machine, a virtual reality room, talking robots and touchscreens for paying utility bills among a host of other […]

Nykaa Raises 75 Crore, Valuation is Close to 3000 Crore

Mumbai based Nykaa.com, an online beauty retailer has raised ₹75 crore in its latest round of funding from the existing investors. The current funding was the part of ₹170 crore investment round. The first amount was raised around 95 crores. Now the current valuation of the company is close to ₹3,000 crore. This is the fourth […]