xpressbees: Ontario Teachers venture arm invests $80 million in Xpressbees
Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.
Stay updated with breaking news from Ecom Express. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.
The ET Soonicorns Summit 2023, an Economic Times initiative, to track the evolving frontiers of growth in the startup-tech sector will bring together key stakeholders and decision makers from within Indian tech-startup ecosystem to foster conversations, connections, and collaborations that can equip entrepreneurs, including those from Bharat, to navigate the ever-evolving tough market conditions and grow to build sustainable, scalable businesses of the future.
The ET Soonicorns Summit 2023 promises to be a one-of-its-kind platform for knowledge sharing and networking, offering attendees a unique opportunity to connect with industry leaders, policy makers, and the visionary founders behind tomorrows unicorns. With a diverse array of sessions covering a wide range of topics, this summit will provide valuable insights and strategies for success in the dynamic startup ecosystem. Here are the key speakers and sessions to look forward to during the ET Soonicorns Summit 2023, taking place on November 3 in Delhi-NCR.
Festive Season Smartphone Sales: The premium segment saw 50% year-on-year (YoY) growth on Flipkart, led by the iPhone 14 and Galaxy S21 FE. On Amazon, sales in the segment surged almost 200% YoY, with the iPhone 13 and Galaxy S23 FE in the vanguard, said the report by Counterpoint Research.
This year, during the first week of the festive season sales on ecommerce marketplaces, GMV grew by about 18% to around $4 billion, according to Datum Intelligence, a market research firm.