Hyperlocal delivery company Dunzo is reportedly seeking a buyer to address its financial challenges. The startup aims to resolve its debt and liabilities through a potential sale, signaling its efforts to stabilize its operations. Dunzo Big Problem  According to reports, Dunzo has reached out to prominent players such as Reliance Retail, Flipkart, PhonePe, and Swiggy, […]

In an encouraging move for the startup ecosystem, 23 Indian startups have introduced stock option buyback schemes in 2023, enabling over 3,000 employees to earn a combined wealth exceeding ₹1,448 crore. This reflects the growing focus on rewarding employees who contribute significantly to the success of their companies. Employee Stock Ownership Plan Notably, Employee Stock […]

The Competition Commission of India (CCI), established on October 14, 2003, plays a vital role in promoting competition and preventing anti-competitive practices in India. It became operational in May 2009 under its first chairperson, Dhanendra Kumar. The CCI’s mandate is to ensure fair competition and curb practices that adversely affect market dynamics, benefiting both businesses […]

FirstClub Aiming to Revolutionize the Quick Commerce Industry FirstClub, a promising quick commerce startup, is making headlines with its ambitious plans to redefine industry standards. Launched by the CEO of Flipkart, the company has set its sights on standing out from competitors by delivering superior quality products to its customers. FirstClub Mission  The core mission […]

Flipkart, India’s leading e-commerce platform, began its journey in October 2007 in Bengaluru. Over the years, it has transformed into a household name, becoming synonymous with online shopping in the country. With its innovative approach and customer-centric strategies, Flipkart has set benchmarks in the e-commerce industry. Flipkart Announcement In recent developments, Flipkart has announced a […]

Launched in 2007 in Bengaluru, Flipkart has revolutionized e-commerce in India, offering a platform that delivers products directly to customers’ doorsteps. Want to tell you that Flipkart has been the number one platform for online delivery for a long time. 10 Minute Delivery Concept  The concept of 10-minute delivery in India began with grocery items. […]