Wednesday, April 24, 2024
Outlook.com
Outlook India
Outlook Business

Ecommerce

India experiences a notable premiumisation trend, driven by the expanding middle class and smaller towns, reminiscent of America's 1950s consumerism era.

By automating its order processing and warehouse activities, the brand will be able to offer an enhanced post-purchase experience to its customers

More than 80% of the participating suppliers were shortlisted to move to the next round with the potential to join the Walmart Marketplace

The Softbank-backed e-commerce firm has been able to slash its supply-chain overheads by 5% by bringing together India’s unorganised logistics players onto its tech-enabled platform

In addition to encouraging more female founders to enter the start-up ecosystem, she will also oversee the investment firm’s D2C companies

Customers can now order from its brands Behrouz Biryani, Oven Story Pizza, Faasos, Sweet Truth, LunchBox, Wendy's and more on the digital platform

While over 60 per cent of all online orders in India are placed via CoD, the settlement time for these orders takes around 20 days on average from the date of transaction, impacting cash flows of D2C merchants and increasing working capital requirements

Last month, the snacking brand raised $6.7 million in a funding round, adding to the $9 million it had previously raised

TABPS Pets Private Limited will use the funding to enhance production capabilities, expand distribution networks, etc

It can offer a real-time view of payments due and leakages with transaction-wise details to manage multi-platform operations