
The ethnic wear rental business Flyrobe aims to triple its revenue this calendar year.
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The ethnic wear rental business Flyrobe aims to triple its revenue this calendar year.
Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1.
Digital financial services platform Mobikwik saw its revenue increase 93 percent to Rs 86 crore (approx $12.3 million) in the fiscal year 2018 as compared to Rs 44 crore it had posted in the last fiscal.
The online marketplace Meesho has raised $50 million in a new round of funding, only five months after its last round. The business will use the investment to work on products and its technology team.
MobiKwik has entered the gold market with the launch of digital gold on its app. The company is extremely bullish on gold and has set a target of selling 1-tonne gold in the fiscal year 2019-20.
Chinese garment sharing platform YCloset has completed an undisclosed strategic fundraising round from e-commerce giant Alibaba Group Holding to better cater to beauty and fashion requirements of female customers.
The Mauritius-based technology, media, and entertainment fund FidelisWorld has invested in the outdoor apparel and footwear brand Wildcraft and will back its international expansion.
Reliance Retail’s subsidiary Reliance Brands is currently in talks to fully acquire the group company Genesis Luxury after acquiring a 40 percent stake from L Catterton in September 2017, sources said.
JD.com Inc said on Wednesday it had raised $2.5 billion for its logistics arm, as the second-largest Chinese e-commerce firm seeks to further bolster its position in online retail in its home country and beyond.
Local private equity fund ICICI Venture will be acquiring minority stake in Go Fashion India Private Limited, the parent firm of brand Go Colors for a sum of Rs 100 crore (approx $15.7 million).