Amazon rolls out $250 million venture fund for small biz
Amazon rolls out $250 million venture fund for small biz
Amazon India has also pledged to onboard 1 million offline retailers and neighbourhood stores by 2025 through its Local Shops program on Amazon

Adidas announces new shoe made from mushroom leather
Adidas announces new shoe made from mushroom leather
Adidas announced a new Stan Smith sneaker made from a mushroom-based material. The brand developed the material, called Mylo, in partnership with biotech company

Centre asks states to keep grocery shops, chemists outside restrictions of Section 144
Centre asks states to keep grocery shops, chemists outside restrictions of Section 144
It also directed states to create awareness among the public to stop panic buying and to ensure that there is no hike in the prices of essential items.

Restrictions likely to impact footfalls but have adequate stocks: Retailers
Restrictions likely to impact footfalls but have adequate stocks: Retailers
Retailers and FMCG makers say they have adequate stocks at stores and warehouses and are prepared to manage the situation in the wake of fresh restrictions

MSME-Focussed Fintech Startup M1xchange Raises $10 Mn Led by Amazon
MSME-Focussed Fintech Startup M1xchange Raises $10 Mn Led by Amazon
M1xchange, a digital invoice discounting platform for MSMEs, has raised $10 Mn in a fresh funding round led by ecommerce giant Amazon India


Man orders apples from grocery shop, gets iPhone SE and it was not a mistake
Man orders apples from grocery shop, gets iPhone SE and it was not a mistake
A man in the UK recently posted an image of him getting an iPhone SE in a supermarket order in which he originally ordered Apples. Interestingly enough, he is not alone to have faced such a mix-up.

Ecommerce will play a defining role in MSMEs' success says Nitin Gadkari at Amazon Smbhav Summit 2021
Ecommerce will play a defining role in MSMEs' success says Nitin Gadkari at Amazon Smbhav Summit 2021
At the Amazon Smbhav Summit 2021, MSME Minister Nitin Gadkari said that digitisation should be a priority and Amazon should keep investing in India’s MSMEs.

Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening
Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening
US retail sales surged 9.8% in March to a record $619.1 billion, the Census Bureau said Thursday. The leap nearly doubles the median economist estimate of

Reliance to boost Hamleys India network to 500 stores | Retail News Asia
Reliance to boost Hamleys India network to 500 stores | Retail News Asia
A struggling 261-year-old U.K. toy-store chain is seeking a new lease of life in the hands of billionaire Mukesh Ambani, who’s looking to India where

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