Ex-Flipkart founder Sachin Bansal invests Rs 3,000 crore in Navi Technologies

Sachin Bansal has pumped in more money into Navi Technologies, a company he set up to fund ventures in the financial services sector. Bansal along with Navi founder Ankit Agarwal as well as founders of Chaitanya Rural Finance and other investors have put in a total of Rs 3,226 crore into the company, as per regulatory filings sourced from paper.vc.Get latest Business online at cnbctv18.com

 
Consumers spent record $23.4 billion on apps in Q1 2020, thanks to being stuck indoors

Time spent in mobile apps has been surging, as people stuck at home due to the coronavirus outbreak have been turning to apps to do their shopping, manage their finances, find new exercises, work from home and stay entertained. According to new data from App Annie, released today, Q1 2020 was the l…

 
Snapdeal resumes services in 96 cities

To ensure a smooth and cost-effective intra city supply of items such as pulses, salt, sugar, cooking oil and other packaged food items, Snapdeal has ..

 
Zomato launches hyperlocal grocery delivery across Punjab, Delhi, Kerala

Gurugram-based foodtech unicorn Zomato has entered the grocery delivery services with Zomato Market. With the 21-day lockdown period to curb the spread of the coronavirus pandemic, the demand for e…

 
Pepper raises Rs 2 cr from Snapdeal Founders Titan Capital, other investors; startup plans to expand...

Pepper is looking to expand its team in Mumbai and focus on product and its technology platform that will enable content creation ‘on-demand’.

 
Coronavirus impact | Consumer internet startups mull pay-cuts, layoffs: Report

Several startups have had to halt operations during the 21-day lockdown since only essential services are allowed during this period.

 
E-tailers refund buyers, sellers have to wait

India Business News: Digbijay Mishra & John Sarkar | TNN Bengaluru/New Delhi: Thousands of merchants whose non-essential item orders were cancelled on Amazon India and.

 
Amazon working on protecting sellers; providing free e-books and audiobooks to customers: Amit Agarwal

Ecommerce giant has announced that it will target to raise Rs 100 crore to help fight the coronavirus pandemic.Get latest Healthcare online at cnbctv18.com

 
Amazon has promised to check temperatures and provide surgical masks for workers at its fulfillment centers and Whole Foods grocery stores starting next week. Instacart workers have not received similar promises. The news came in the midst of brewing turmoil among employees. Some full-time and contract workers at Whole Foods, Amazon and Instacart walked out or called in sick on Monday and Tuesday.
 
Zomato taps into grocery spurt amid Covid-19 lockdown; competes with BigBasket, Grofers, Swiggy, others

To make the best out of the current lockdown due to the Coronavirus, Zomato has tapped into the sudden spurt in online grocery deliveries in the country by piggybacking its existing delivery strength.

 
How lockdown-hit online retailers are cheering customers up

Myntra, Bookmyshow, FirstCry and Nykaa are using informational content, gaming, and entertainment on their apps to connect with customers.