Indian E-commerce, Consumer Internet Sector Raised $15.4 Bn In 2022
As per the latest report by EY, Indian e-commerce and consumer Internet companies raised $15.4 billion in PE/VC funding in 2022, which is a two-fold jump from $8.2 billion in 2020. The report, EY-PeerCapital E-Commerce and Consumer Internet Trendbook 2023 highlighted that the internet and e-commerce sector in India has […]
E-commerce Solutions Provider ANS Commerce Acquihires Asterro Technologies
ANS Commerce, a startup providing full-stack e-commerce solutions, has acquihired a software development firm Asterro Technologies. As per a statement, Asterro’s 25-member team from engineering, product design, QA and HR segments will join the product and technology team of ANS Commerce. Also, as part of the deal, Ruchir Pahuja (Asterro […]
Report: E-commerce Witnesses 36% Growth In Last Quarter In India
As per the E-commerce Trends Report, released by Unicommerce and Kearney, the last quarter of 2020 saw e-commerce order volume growing by 36% in India, with Personal care, Beauty, and Wellness (PCB&W) segment being the biggest beneficiary. In the last quarter of 2020 (October to December 2020 period), PCB&W and […]