India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.

Continue ReadingIndia expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

Google brings its AI-powered marketing tools to India after ‘Google tax’ repeal

Google has launched a suite of its AI-powered advertising tools in India, which debuted in the U.S. in May, as the repeal of the so-called “Google tax” has made the South Asian market more attractive to global tech firms selling online ads. In March, the Indian government scrapped its 6% levy on digital advertisements, effective […]

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GenAI as a shopping assistant set to explode during Prime Day sales

A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own […]

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OneText raises $4.5M from Y Combinator, Khosla to reinvent shopping by text

The typical online checkout experience has become bloated with friction. And while more companies are building solutions around online checkout, few are rethinking it from scratch. One such company is OneText, which is building what it calls a “text-to-buy network,” that lets shoppers complete purchases via text message. The company, founded by former PayPal employees, […]

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Bookshop.org mocks Jeff Bezos wedding invite in anti-Prime Day promo

The independent online bookseller Bookshop.org took a swipe at Amazon to celebrate the start of Prime Day, Amazon’s annual sale (which, despite its name, is actually four days this year). Like many other retailers, Bookshop.org holds a sale to coincide with Amazon’s big event — it’s a way to lure away consumers who may be […]

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Writer CEO May Habib to take the AI Stage at TechCrunch Disrupt 2025

AI agents are reshaping how work gets done across industries, and at TechCrunch Disrupt 2025, one of the leading voices in that transformation is stepping onto the AI Stage. May Habib, CEO and co-founder of Writer, will join us in San Francisco, October 27-29, for a fireside chat that dives deep into how enterprises are […]

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India’s GoKwik raised a small $13M round for a hefty leap in valuation

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced […]

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After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes […]

Continue ReadingAfter raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

Amazon is holding Prime Day 2025 on July 8-11

Amazon has revealed that Prime Day 2025 will take place on July 8-11, extending the annual sale event to four days this year. Amazon notes that consumers will be able to shop for “pantry staples and snacks for summer gatherings to home-improvement must-haves, back-to-school supplies, health and personal care finds, family-favorite toys, best-selling books, pet […]

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