E-commerce Sector Archives

India Festive Season Sales Log 12 Per Cent Growth At Rs 1.18 Lakh Crore, Smaller Cities Lead

India Festive Season Sales: Driven by tier 2 and 3 cities, India’s e-commerce sector registered a gross merchandise value (GMV) of approximately $14 billion (more than Rs 1.18 lakh crore) in this year’s festive season, marking a 12 per cent growth over last year’s festive period, a report said on Wednesday. This growth was fuelled…

Indian Startups Raise Over 5 Million Funding In 16 Deals This Week

Indian Startups Raise Over $265 Million Funding In 16 Deals This Week

DainikNews Live Admin2 years ago03 mins

New Delhi: The funding momentum for the startup ecosystem in the country continued with more than $265 million being raised via 16 deals this week. The biggest fund-raise came with omnichannel jewellery startup Bluestone securing $107.2 million in its pre-IPO round. In the fintech space, Aye Finance raised $25 million loan from Goldman Sachs (India)…