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Yesterday β€” 16 September 2024Main stream

Myntra bets on 4-hour delivery amid India’s quick commerce boom

16 September 2024 at 13:07

Myntra, India’s largest fashion e-commerce platform, is trialing a four-hour delivery service in four Indian cities, two sources familiar with the matter told TechCrunch, a dramatic acceleration from its standard 2-3 day delivery timeframe as the surge of quick commerce reshapes consumer behavior. The Flipkart Group-owned firm is piloting the fast-tracked delivery service in cities […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Before yesterdayMain stream

Amazon and Flipkart violated competition laws in India, report says

12 September 2024 at 18:04

An Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report from Reuters. The finding presents a new challenge for the e-commerce giants in a market where online retail growth remains modest at under 15% and quick-commerce is increasingly snatching business from Amazon India and […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Second Byju’s auditor exits in a year amid bankruptcy proceedings

7 September 2024 at 04:17

BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns about its financial health and governance. In a scathing resignation letter, BDO subsidiary MSKA highlighted multiple issues with Byju’s, including significant delays in financial reporting, […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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