Tag: delhivery

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Delhivery: Delhivery sees next big buck from smaller towns as merchants take to ecommerce frenzy

Gurgaon-based logistics firm Delhivery has stepped up its outreach to small and medium businesses (SMBs) in smaller towns, sensing a growing opportunity as...

Delhivery bolsters leadership team with two senior hires

For the logistics company, Navneet Kumar will lead the supply chain services division, while Surajit Das has been named head of OS1 and...

Honasa Consumer: Honasa Consumer elevates Vipul Maheshwari to senior vice president, product and data analytics

Honasa Consumer, the parent of beauty and personal care brand Mamaearth, on Thursday said it has elevated Vipul Maheshwari to senior vice president...

Masayoshi Son: SoftBank’s Masayoshi Son meets InMobi’s Naveen Tewari to explore potential AI, consumer tech collabs

Japan's SoftBank Group founder Masayoshi Son, who is on a visit to India, reportedly met InMobi's founder and CEO Naveen Tewari on Wednesday...

New-age companies seek growth areas as urban consumption slump grips

A slowdown in urban consumption is hitting new-age companies in sectors such as beauty, wearables, logistics, ecommerce and used-car sales, which are now...

quick commerce: Quick commerce denting kirana sales, not affecting large ecommerce as much: Delhivery CEO

Quick commerce is disrupting traditional kiranas, or neighbourhood stores, more than large ecommerce platforms, said Sahil Barua, chief executive officer of new-age logistics...

quick commerce: Quick commerce is eating into kirana sales, says report

More than $1 billion of kirana sales are expected to move to quick commerce in 2024, according to ecommerce consultancy Datum Intelligence. This...

Q2 financial results: Q2 earnings special: Delhivery, FirstCry, Mamaearth, Rapido, Noise

A slew of new-age startup firms reported their Q2 numbers. This and more in today’s ETtech Top 5. Also in the letter:■ NR...

Amazon India: Amazon India units post moderate growth, cut losses in FY24

Amazon India’s logistics and payments arms reported 7-9% growth in operating revenue and moderately lower losses for the fiscal year ended March 2024,...

Amazon India: Amazon India logistics arm posts 7.6% rise in FY24 revenue to Rs 4,889 crore; loss narrows

Amazon Transportation Services (ATS), the Indian shipping arm of ecommerce giant Amazon, saw its operating revenue rising 7.6% to Rs 4,889 crore in...

mutual funds: Local MFs hold stocks worth over $8 billion in new-age companies

Domestic mutual funds now hold stocks worth more than $8 billion, or almost Rs 69,000 crore, in a dozen new-age companies including Zomato,...

nykaa: Nykaa, Licious amp up quick commerce game as consumers demand instant gratification

Beauty retailer Nykaa has launched a 10-minute delivery pilot in Borivali, Mumbai, as the rapid growth of quick commerce starts disrupting multiple product...