Amazon India has just made a huge announcement that’s set to shake up the e-commerce game for small and medium-sized businesses across the country. In a bold move to support local sellers, the giant retailer has decided to eliminate its referral fee on products priced below Rs 300. This means that millions of sellers will no longer have to pay a commission to Amazon when selling low-priced…
In a move that has caught the attention of the e-commerce and logistics world, Delhivery, the fast-growing logistics giant based in Gurugram, has appointed Milind Sharma as the head of its Rapid Commerce and Direct-to-Consumer (D2C) brands division. What makes this even more exciting is that Sharma is not new to Delhivery—he was one of the company’s earliest employees, playing a key role in…
In a game-changing move, Hero MotoCorp, one of the world’s largest motorcycle and scooter manufacturers, has invested a massive $60 million (₹525 crore) in Euler Motors, a rapidly growing electric vehicle (EV) startup. This investment not only gives Hero MotoCorp a significant stake in Euler Motors but also marks the company’s bold entry into the fast-evolving electric three-wheeler…
In a significant move that has captured the attention of the stock market, two overseas entities, Augusta TBO (Singapore) Pte Ltd and TBO Korea Holdings Ltd, have sold off more than 70 lakh shares of TBO Tek—a leading tech company—amounting to a 6.8% stake in the company. The deal, which was completed via bulk transactions, was valued at a staggering INR 870 crore. But what does this mean for…
WhatsApp, the popular messaging app owned by Meta, has just released its latest monthly compliance report, revealing that over 99 lakh (9.9 million) accounts have been banned in India during January 2025. The bans are part of WhatsApp’s ongoing efforts to fight spam, fraud, and misuse of the platform, keeping the messaging experience safe for millions of users.
With so many people relying on…
Unicommerce Expands Its Reach with Shipway Acquisition
In a strategic move to strengthen its position in the e-commerce logistics industry, Unicommerce eSolutions Limited has completed the acquisition of a majority stake in the courier aggregation platform Shipway Technology Private Limited. This marks a significant step for Unicommerce, a leading player in the logistics and supply chain tech…
In a major leap towards expansion, beauty and personal care brand Pilgrim has successfully raised Rs 200 crore in funding. This capital infusion comes from both existing investors, such as Narotam Sekhsaria Family Office (NSFO) and Vertex Ventures SEA, as well as new backers like Vertex Growth Fund and Anicut Equity Continuum Fund. The fresh funding will fuel Pilgrim’s growth in the competitive…
The Future of EVs is Here, and Ather Energy Just Made a Bold Move
Ather Energy, the Bengaluru-based electric vehicle maker that’s already making waves in the Indian EV market, has just teamed up with American tech giant Salesforce. This new partnership aims to transform the way Ather Energy works with its dealers and customers. With AI-powered tools and smarter operations, Ather is ready to…
In a surprising move, Sudhir Kamath, the Chief Operating Officer (COO) of gaming giant Nazara Technologies, has announced his resignation. Kamath will step down effective April 1, 2025, citing a desire to relocate to Delhi and spend more time with his family. His decision comes after two-and-a-half years of leading the company during a transformative period. As Nazara continues its efforts to…
Pi42 Welcomes Ex-Uber and CoinDCX Executive Satish Mishra as New CTO
Pi42, the company behind India’s first crypto-INR perpetual futures exchange, has made a big move by appointing Satish Mishra as its new Chief Technology Officer (CTO). Mishra brings with him a wealth of experience, including over 18 years in technology and a strong track record in the crypto space, having previously worked at…
