Amazon partners with India’s second largest retailer to sell its goods online

Amazon is deepening its relationship with India’s second largest retail chain Future Retail as the e-commerce giant widens its footprint in one of its key overseas markets. The two said on Monday that they have entered into a long-term business agreement to expand the reach of Future Retail’s stores through Amazon India marketplace. As part […]

India’s Milkbasket in talks to raise over $50M

Milkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprints in milk, groceries, fruits, and vegetables delivery market that has attracted the attention of many in recent months including Amazon India. The four-year-old startup is in advanced stages of talks with private equity funds […]

Why Walmart’s Flipkart is betting heavily on Hindi

Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is access to Flipkart in Hindi language. Prior to the revamp of the app, Flipkart was available only […]

Walmart-owned Flipkart bets on free video streaming service and Hindi support to win next 200 million internet users in India

India’s e-commerce giant Flipkart said on Tuesday that it is revamping its shopping app to add support for Hindi language, a video streaming service, and an audio-visual assistant, the latest in a series of recent efforts to expand its reach in the country. The Walmart -owned company, which leads the local market, told TechCrunch that […]

India’s Jumbotail raises $12.7 million to digitize convenience stores with its wholesale marketplace

With most small grocery stores in India yet to get online, startups racing to digitize them continue to see promising backing from investors. Jumbotail, an online wholesale marketplace for grocery and food items, today said it has raised $12.7 million to scale its operations. The Series B financing round for the Bangalore-based startup was led […]

Online grocery startup Grofers lands $200M led by SoftBank’s Vision Fund

Hot on the heels of Indian delivery startup BigBasket raising $150 million — at a unicorn valuation, no less — so its close rival Grofers has also pulled in capital after it announced a $200 million raise to battle its local competition and international giants Amazon and Walmart. The round is the largest in India’s online […]