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E-com firms look to get a fillip ahead of festive season

This year, festive sales are expected to push up the annual gross merchandise value of e-commerce companies to around $38 billion, a 40 per cent growth over the previous year. Illustration:......

Ahead of mega-IPO plans, Indian unicorns eye new business

A slew of Indian firms, including Flipkart, Byju’s and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans. Top Indian......

E-com recovers, grows 17% post-Covid-19

The consumer buying patterns and preferences have changed significantly with categories like health and pharma, FMCG and agriculture seeing a surge and exponential growth along with the rising......

Medlife, PharmEasy eye $200 million merger deal

There are several discussions going around in the e-health sector for consolidation with key players being PharmEasy, 1mg, Medlife and Netmeds. According to reports, Reliance Jio is in talks with......

Udaan set to fly after hitting Covid air pocket

The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India’s fastest growing unicorn whose very business model......
  Web results for Gmv
Instamojo closes pre-Series C round with Japanese investors

Company turned cash-flow positive in July, more than doubled GMV to ₹2,000 crore y-o-y ...

https://www.thehindubusinessline.com/companies/instamojo-closes-pre-series-c-round-with-japanese-investors/article33123894.ece
Grofers looking at 4-fold rise in gross merchandise value at Rs 30,000 crore by 2022

"We have logged USD 1 billion in GMV (total value of merchandise sold over a period) in the financial year 2020 and we are on the road to double it... ...

https://economictimes.indiatimes.com/industry/services/retail/grofers-looking-at-4-fold-rise-in-gross-merchandise-value-at-rs-30000-crore-by-2022/articleshow/79233014.cms
Redseer

Smartphones continued to be the biggest category, accounting for 47 percent of the overall GMV, driven by new launches and affordable models. ...

https://www.moneycontrol.com/news/business/festive-season-sales-|-flipkart-grabs-68-gmv-share-numbershoppers-jumps-to-52-million-redseer_14416361.html
Average customer spend to drop 13% this year

Telangana: Layout Regularization Scheme 2020 deadline extended to October 31 ...

https://www.thehindubusinessline.com/economy/festival-sale-average-customer-spend-to-drop-13-this-year/article32865178.ece
Magicpin expects to reach $5 billion GMV in 12 months

NEW DELHI: Online business discovery and rewards platform Magicpin expects to achieve gross merchandise value (GMV) of $5 billion in a year on... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/magicpin-expects-to-reach-5-billion-gmv-in-12-months/articleshow/78653597.cms

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