Ecommerce policy needs to focus on investments, not micro issues like discounts: Amitabh Kant The draft norms should be progressive to help promote startups, growth and create new jobs, says Niti Aayog's CEO.

Letter to BS: Why e-commerce firms should ask for identity proof of a buyer The proposed data privacy law should also have guidelines on the type of data sought from a customer by a business entity   Rural e-commerce company BoonBox raises Rs 25 cr from Ventureast, Orios; IAN Fund BoonBox was founded in 2013 by Ramanathan Ramachandran, Karthik Natarajan and Narayanan as an omni-channel business platform focussed on Indias rural markets and small towns.   Flipkart outpaces Amazon in sales growth In the six months to 30 June, Flipkart sales jumped by roughly 50% as compared to Amazon India whose sales increased by 35-40%   The world's biggest tech companies are at serious risk of losing a $32 billion market Apple, Amazon, Google, Facebook and other US tech titans are facing major hurdles on selling online in India, thanks to a new ecommerce bill which...   Ventureast leads series A round in e-commerce startup Inthree Chennai-based rural e-commerce Inthree Access Services has raised ₹28 crores in series A round to expand and strengthen technology.   Facebook is bringing Spanish soccer to India's billion-strong consumer market — for free Social media giant Facebook is to broadcast Spain's premier soccer league live to viewers in India and other South Asian countries at no cost.   MakeMyTrip posts strong Q1 2019 results The companys sales and marketing promotional expenses fell more than half to $55.9 million, from $133 million in the year-ago period.   PayPal cross border shopping report 2018 PayPal's annual cross border shopping reveals insights for merchants wanting to expand international sales including countries most likely to shop overseas   Amazon Gears Up for the Great India E-commerce War as Walmart Buys Flipkart The Seattle-based e-commerce company has invested about INR 2700 crore in its Indian arm   Amazon Invests Fresh $392 Mn in its India Operations and Additional $150K in Food Retail Business After infusing $33.58 Mn into its wallet business in India, global e-commerce giant Amazon has invested fresh $392.3 million (₹2,700 crore) in its India operations, which completed its five years in last month. According to documents filed with the Registrar of Companies (RoC), sourced from business intelligence