B2B ecommerce platform ArisInfra Solutions posted a consolidated profit of ₹20 crore in Q1 FY27, nearly four times its year-ago profit, as the company shifted its revenue mix toward higher-margin contract manufacturing and developer-as-a-service offerings.
Swiggy has outlined a strategy centred on exclusive products, private labels and brand partnerships to differentiate its quick-commerce arm Instamart, even as it reiterated a path to overall cash break-even within the next two quarters.
The Indian government has operationalised an inventory-based cross-border ecommerce export framework under the Foreign Trade Policy 2023, removing the ₹10 Lakh per-consignment value cap on courier exports and introducing a formal Exporter-on-Record system to help Indian D2C brands and MSMEs sell globally.
Reliance Retail Ventures has acquired the AI Styling Engine and commerce app of Furrl, a Bengaluru-based fashion discovery platform founded by Esha Tiwary, folding the four-year-old startup's personalisation technology into its broader AI push.
The fifth edition of the NRI Achievers Awards concluded at The St. Regis Singapore on July 31, recognizing diaspora leaders across business, technology, healthcare and research from more than a dozen countries, including four Singapore-based honorees.
The American India Foundation, the New York-based organization founded in 2001 following the Gujarat earthquake, has mobilized its U.S. donor network in response to catastrophic monsoon flooding in Assam that has affected hundreds of thousands of people and left dozens dead across the state.
Tarun Lal, the former KFC U.S. president who took over as Dave & Buster's chief executive last year, has retired effective August 3 to spend more time with his family in India, with CFO Darin Harper named as his successor.
Parul Butala has been promoted to president of AMERCO Real Estate Co., the property arm of U-Haul Holding Co., capping a three-decade rise from staff architect to head of a division that manages thousands of self-storage and moving facilities across North America.
Sanjay Ghemawat, the Indian-American engineer behind Google File System, MapReduce, Bigtable and Spanner, has left Google after 27 years to co-found Discovery Loop with Jeff Dean, Oriol Vinyals and Quoc Le — a new venture backed by Alphabet that aims to automate scientific and engineering research.
University of Nevada, Reno assistant professor Parikshit Maini has won a five-year, $618,201 National Science Foundation CAREER Award — the agency's most prestigious honor for early-career faculty — to build cooperative drone-and-ground-robot systems that could reshape precision agriculture from Nevada's arid fields to Mars.