With 100% acquisition of  Bengaluru-based AR/VR start-up Scapic, catalogues and user experience across Flipkart companies will get a make over

New cautious strategy may have evolved since existing investee companies such as Paytm, OYO, Ola and others continue to burn cash and struggle for profitability despite years of pumping in billions of dollars

Although Flipkart did not disclose the financial details of the investment, it said that it will work in tandem with Fashion brand USPL to deepen product offerings on its e-commerce platform

Walmart-backed PhonePe allows users to send and receive money, recharge mobile and make utility payments

While Flipkart and Myntra are already far ahead of the rest in e-commerce fashion, Walmart recently bought 7.8 per cent stake in Aditya Birla Fashion Retail and mkinority stake in Arvind Brands

While the stake sale could help Aditya Birla Fashion deleverage their balance sheet in the short term and a stronger omni-channel play in the long term, for Flipkart it is likely to help in stronger private label presence across premium stores

With this acquisition, Walmart-owned Flipkart Group will strengthen the wide array of brands offered on its e-commerce platforms Myntra and Flipkart, deepening its association with Aditya Birla Fashion and Retail (ABFRL)

Fashion e-tailer Myntra, which is a part of Flipkart Group, said 50 per cent of shoppers on its platform on the first day (October 16) of its sale were from tier-2 and 3 cities

Amazon's 'Great Indian Festival' started on October 17 and will go on for about a month to coincide with the festive season. Amazon Prime members were provided early access to the sale from October 16

A quick look at the deals that are available on the two e-retail sites show that both are well-matched in terms of what they are offering, though Flipkart seems to have a slight edge.

With the festive season all set to begin, e-commerce companies are offering customers attractive offers on credit cards of different banks and financial institutions

When a user complained about her payment not going through, fashion portal Myntra said that there is an issue with ICICI Bank's payment gateway

On the new changes, H&M India Country Manager Janne Einola says there will be continued focus on building the digital experience as more and more customers are now shopping online.

Though on-boarding new manufacturers directly as sellers began from January, majority of the sign-ups have taken place in the September quarter due to lockdowns and shift in consumer behaviour

They have broken glass ceilings, rising to the top of their professions with their unique talents. Business Today's most powerful women share their success stories and the turning point in their lives which helped shape their success. Watch  HUL's  Anuradha Razdan, IBM's Gargi Dasgupta, Abanti Sankaranarayanan of Diageo India and Supreme Court Advocate Karuna Nundy share their experience.Also Read: Myntra expects robust festive sales due to higher demand in small cities

Raymond Consumer Care's new portfolio earned 40 per cent of its revenue in July and the share has been rising month on month

All these trains will be fully reserved and will be available to only those with a confirmed reservation ticket. Reservation for some of these trains will commence from October 9, and for remaining ones on October 11

At a time when the fashion industry at large is going through a lull, ecommerce marketplace, Myntra, is confident that the upcoming festival season will rake in double the sales from last year

Unlike previous IPL seasons, COVID-19 pandemic-led restrictions this year have forced companies to take a lot of usual promotional activities to virtual world

Corrale hair straightener will be available on Dyson India (with 30-day return), Amazon, Flipkart, Myntra, Sephora and Nykaa, select Croma stores, and at select salon partners