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(Left to Right) Shadowfax co-founders Vaibhav Khandelwal, Praharsh Chandra, Gaurav Jaithliya, and Abhishek Bansal

Flipkart’s investment in Shadowfax to increase its shipments to 100 mn per month

9 Dec 2019 12:29 PM IST

December 09, 2019: Flipkart is expected to have invested $30 million in Shadowfax as part of its $60 million Series D funding, as told by sources.

The budget has also promised 100 new airports by 2024, flight & railway cold chain for farmers to transport perishables, electrification of 27,000 railway tracks, corporatization and listing of at least one port and the completion of National Waterway- 1.

Govt wants to stop deep discounts, fake reviews and counterfeits in e-commerce

14 Nov 2019 10:12 AM IST

November 13, 2019: Department of Consumer Affairs, under the Ministry of Consumer Affairs, Food & Public Distribution (MCAFPD), on Monday notified...

Emirates Delivers is in line with Dubai's vision to become as a global hub for e-commerce, as envisioned under the Dubai Silk Road Strategy

Emirates SkyCargo ventures into e-commerce space with Emirates Delivers

15 Oct 2019 4:03 PM IST

October 15, 2019: Emirates SkyCargo has today launched a new e-commerce delivery platform, Emirates Delivers, that allows customers to shop from...

India is experiencing CAGR of 25 percent in parcel volume 2013-18 and year-over-year growth of 21 percent.

India registers 3rd highest shipping volume growth rate with CAGR of 25% since 2013: Pitney Bowes Index

11 Oct 2019 4:00 PM IST

October 11, 2019: Parcel shipment volumes have increased steadily from India since 2013 to 2.5 billion, with CAGR of 25 percent and year-over-year...

The festive season and anticipated revival in infrastructure spending post monsoons and improvement in receivable cycle of contractors could drive the demand pick-up.

Indian logistics sector to grow 8-10% over medium term; outlook stable: ICRA forecast

10 Oct 2019 6:31 PM IST

October 11, 2019: Credit rating agency ICRA Research has forecast a stable outlook for the domestic logistics sector, which it said would grow at 8-10...

For Flipkart, there was almost 50 per cent growth in the number of new customers as compared to Big Billion Days (BBD) sale in 2018.

Amazon claims 99.4% of India’s pin-codes ordered during festive season sale

5 Oct 2019 5:06 PM IST

October 5, 2019: As the six-day festive season sales ended on October 4, e-commerce giants Amazon and Flipkart claimed record growth of sales.