Tag: e-commerce

PDS Limited buys majority stake in design solutions company DBS Lifestyle

Raghuram Kadari- October 17, 2022

PDS Limited, an India-based design-led plug-and-play platform, has acquired a 51% stake in DBS Lifestyle to cater to its US and Europe customers directly. The ... Read More

South Korea’s Naver to acquire e-commerce firm Poshmark in $1.2bn deal

BNT Reporter- October 5, 2022

Naver acquisition of Poshmark : South Korea’s largest internet company Naver is set to acquire US-based social e-commerce marketplace Poshmark in a deal worth $1.2 ... Read More

Grasim Industries to foray into B2B e-commerce for building materials

businessnewstoday- July 19, 2022

Grasim Industries said that its board of directors has approved the company’s entry into B2B e-commerce platform for building materials with an INR 2,000crore-investment over ... Read More

Infosys wraps up acquisition of oddity in Germany

businessnewstoday- April 25, 2022

Infosys has wrapped up the previously announced acquisition of German digital marketing, experience, and commerce agency oddity. The deal was announced last month by the ... Read More

BSE Investments acquires 5.9% stake in Open Network for Digital Commerce

pallavi123- March 27, 2022

BSE Investments Limited (BSEIL), a wholly-owned subsidiary of Indian stock exchange BSE, has acquired a stake of 5.88% in Open Network for Digital Commerce (ONDC) ... Read More

Infosys to acquire digital communication and commerce agency oddity

businessnewstoday- March 24, 2022

Infosys has agreed to acquire German digital marketing, experience, and commerce agency oddity for an undisclosed price. According to the Indian IT giant, the acquisition ... Read More

Mahindra Logistics to buy 60% stake in logistics service provider Whizzard

businessnewstoday- March 1, 2022

Mahindra Logistics Ltd. (MLL), an Indian third-party logistics (3PL) solution provider, has acquired a stake of 60% in ZipZap Logistics, a last-mile logistics service provider ... Read More

Xelpmoc to acquire majority stake in GOFX Platform Technologies

businessnewstoday- August 15, 2021

Bengaluru-based Xelpmoc Design and Tech Limited (Xelp) said that its board has approved the acquisition of a 64% stake in GOFX Platform Technologies (GPTPL), incorporated ... Read More

Flipkart funding round : Indian e-commerce giant raises $3.6bn at $37.6bn valuation

pallavi123- July 13, 2021

Indian e-commerce giant Flipkart has raised $3.6 billion from a new funding round to take its valuation to $37.6 billion. The new funding round of ... Read More

Klarna acquires virtual social shopping platform HERO

pallavi123- July 10, 2021

Swedish fintech company Klarna, which provides e-commerce payment solutions platform for merchants and shoppers, has acquired virtual social shopping platform HERO for an undisclosed price. ... Read More