Representative image Amazon has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant’s first foray into the country’s multi-billion-dollar sector. In a notice on Friday, West Bengal State Beverages, the authorised agency to carry out online retail of liquor trade […]
Government warns against major upcoming phishing attack which promises free Covid-19 testing
The Indian government has issued an advisory to citizens warning them against a large scale phishing campaign which impersonate the Indian government and promises free Covid -19 tests and other resources. In return, they steal important personal and financial data of citizens. The malicious actors are claiming to have 2 million individual email addresses and […]
Outfits with Covid-19 messages are all the rage among shoppers
Illustration: Rahul Awasthi Shoppers are looking at new and affordable themes for daily wear, and work-at-home outfits as the Covid-19 pandemic makes them stay put at homes. Fashion brands and online marketplaces say clothing focused on safety and hygiene, work-from-home fashion and TV show-themed apparel have resonated with youngsters. Covid-19 related messages on T-shirts like […]
ETtech Top 5: Ecommerce firms may display product origin, Nykaa’s online sales, Season Two Ventures’ new bets & more
Happy Friday! India may soon make it mandatory for e-commerce marketplaces like Amazon and Flipkart to display the origin of the product sold on their platforms. Social media users have been calling for a boycott of Chinese goods after 20 Indian soldiers were killed in a border skirmish earlier this week. Wearing origin on sleeve […]
Early-stage fund Season Two Ventures backs five new startups in India
Illustration: Rahul Awasthi Season Two Ventures, founded by former UST Global’s CEO Sajan Pillai, has made five fresh investments in the country, at a time when most investors have slowed down deal activity hurt by the Covid-19 pandemic. The B2B-focused $100 million early-stage fund has backed digital payments startup Uvik Technologies, air quality intelligence startup […]
E-commerce products to wear their origin on their sleeve
India may soon make it compulsory for ecommerce companies to display clearly whether a product being sold on their platform is made in the country or not, as the government seeks to curb Chinese imports. The clause is likely to be a part of the ecommerce policy that the commerce and industry ministry is drafting. […]
See you in office next year, top SaaS firms tell employees
With no flattening of the curve in sight, companies that offer software as a service (SaaS) — including Freshworks and Chargebee — are asking employees to work from home (WFH) till December. Zoho has also asked its employees to be in WFH mode till the pandemic subsides, without fixing a date of return to office. […]
Myntra hires 5,000 people for sale season
Myntra, an online fashion and lifestyle store owned by Flipkart, has hired 5,000 employees across its supply chain and customer care departments as it kicks off the 12th edition of its ‘End of Reason Sale’ from June 19 to June 22. This will be the first time some of Myntra’s employees will work from home […]
Being an omni-channel retailer helped us during the Covid-19 crisis: Nykaa’s Falguni Nayar
Beauty and lifestyle retailer Nykaaexpects online sales to recover faster compared to its physical stores amid the Covid-19 crisis which has severely affected the offline retailers. Nykaa’s founder and CEO, Falguni Nayar, spoke to ET’s Biswarup Gooptu & Samidha Sharma, in an exclusive chat, about how the company gained from being an omni-channel player, its […]
DoorDash valued at $16 billion in pre-IPO funding round
(Image Source: DoorDash/Medium) DoorDash said on Thursday it was looking to raise about $400 million from investors, valuing the food delivery company at about $16 billion ahead of its initial public offering (IPO). The company, backed by SoftBank Group, filed for an IPO in February, setting it up as one of the most high-profile listings […]