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Paytm will hold the second edition of its ‘12/12 Festival‘ on December 12 to promote use of digital payments across its five million merchant partners. The “offline shopping festival” is aimed at driving greater sales for offline merchant partners accepting Paytm, the company said in a statement. Customers will be offered a variety of deals and […]

In a bid to further combine its online platform and offline network, Paytm is launching the second edition of its annual ‘12/12’ festival on Tuesday — would see its 5 million offline merchants offering deals and cashback of up to 50% to shoppers who pay using Paytm. These merchants include the likes of Big Bazaar, […]

Cab hailing major Ola has roped in PayU India co-founder Nitin Gupta as CEO of Ola Money, as it looks to build out a financial services business after raising over $1 billion over the last one year. The company is looking to leverage the high frequency and data of the captive customer base, and could […]

The agriculture ministry is discussing a proposal to help organic farmers’ organisations tie up with e-commerce companies with state government help, according to a senior official. In the absence of a dedicated marketing channel in the country for certified organic farm produce — cultivation of which is thinly distributed across the country — the proposal […]

Discoveryand deals platforms Nearbuy and Little Internet have merged, and financial services platform Paytm has taken a majority stake in this combined entity, the company announced on Wednesday. The merged entity, is expected to be valued at about $100 million with a fresh capital infusion of $25 million by Paytm, according to a source briefed […]

Chinese smartphone maker Huawei launched its latest Honor 7X series today and has pegged the entry version of the model at Rs 12,999 for Indian customers. The new phone boasts of a full view, 5.93 inch screen and will be available in India from tomorrow under an exclusive arrangement with e-commerce major Amazon. Honor President […]

Online beauty and personal care product player Nykaa has accused Flipkart owned fashion ecommerce player Myntra of poaching the former’s trained marketing staff. The allegation has come from the beauty and personal care brand yesterday on professional networking site Linkedin. When contacted, a senior company official from Nykaa on condition of anonymity said, “They have […]

Starting noon today, Flipkart is launching a two-day ‘Big Shopping Days’ sale with massive discounts across categories and brands. The star attractions of the sale are: Apple iPhone X and Google Pixel 2 mobile phones. Flipkart will go live at 12 PM with a limited stock sale on Apple iPhone X handsets. The sale will […]

Racold Thermo, part of the Italian firm Ariston Thermo Group, is expanding its footprint to mini-metros, tier II and III towns to offset disruptions in construction sector which accounts for bulk of its sales. The company is also planning to tie up with Flipkart to tap the e-commerce channel. “We are expanding into new markets. […]

Walmart India has signed 20 new sites for new stores and will start opening them from the next year, a top company official said today. The company, which runs 21 Best Price wholesale stores in nine states, has already started work in some of the new projects. “As we speak, we have signed nearly 20 […]