Competitive Landscape Heats Up in India’s Beauty E-Commerce Sector The Indian beauty e-commerce sector is witnessing increased competition as several prominent players vie for market dominance. Kotak Institutional Equities has highlighted the growing user base of Purplle, a key player in the industry, and has pointed to potential competition from Reliance’s Tira and Tata Cliq. …
The Unstoppable Jack Ma Lessons from His Indomitable Spirit and Alibaba’s Success The remarkable journey of Jack Ma, the co-founder of Alibaba Group, is a testament to the power of will, perseverance, and an unyielding spirit. His unwavering determination played a pivotal role in propelling Alibaba to unprecedented success. Beyond the realm of e-commerce, Jack …
IIFL Fintech Fund Sells Stake in TrustCheckr to Truecaller IIFL Fintech Fund, the early-stage investment arm of the IIFL Group, has recently divested its stake in the fraud detection platform TrustCheckr to Truecaller, the popular Swedish caller identification app. This strategic move signifies an evolution in the fintech and security sectors, as well as the …
India’s Rapidly Growing E-Commerce Market A Boon for MSMEs India’s e-commerce market is experiencing exponential growth, driven by a burgeoning internet user base, which reached a staggering 933 million in 2022. This surge in internet adoption, along with the proliferation of smartphones, has transformed the way consumers shop and has created a dynamic environment for …
Strike Disrupts Swiggy Services in Mumbai as Executives Demand Higher Pay A strike that commenced on October 8, following a call given by the Rashtriya Karmchari Sena, has disrupted food and grocery delivery services in Mumbai, particularly impacting Swiggy. Users of the popular delivery platform have taken to social media, notably X (formerly Twitter), to …