E-commerce technology company Assembly recently announced that it has appointed Ben Warner as Chief Financial Officer of the company. Warner joins Assembly with broad experience in corporate and operational finance, most recently serving as VP of Finance at Clutter, a full-service storage and logistics service backed by Sequoia Capital and Softbank. While at Clutter, Warner…
The Prime Minister of India, Narendra Modi recently announced the ambitious plan to make India “Atmanirbhar” or self-reliant to boost the economy and support the Indian industries. Taking cue from the Prime Minister, Yoga guru Baba Ramdev-backed Patanjali Ayurved is gearing up for the launch of its own e-commerce platform “OrderMe.” The platform will be…
In an attempt to strengthen its ecommerce footprint, Indian multinational conglomerate Reliance Industries Limited is reportedly in advanced talks to acquire a majority stake in Epharmacy startup Netmeds. According to a Times Of India report, Reliance, through one of its subsidiaries, may pay about $150mn for the assets including fresh capital infusion in the ten-year-old…
After the second phase of lockdown came to an end, e-commerce websites in India are now finally get geared up for resuming of business in non-essential items. Although the Ministry of Home Affairs has given a go-ahead for resuming businesses, major Indian cities which makes a huge chunk of their sales, are still under lockdown…