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The initial public offer of SoftBank-backed Unicommerce eSolutions got subscribed a whopping 168.35 times on the last day of bidding. Unicommerce | Kapil Makhija #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Unicommerce ’s net profit surged to more than two fold to Rs 13 crore in FY24, from Rs 6.4 crore. Operating revenue rose 15% to INR 103.58 Cr in FY24 from INR 90.06 Cr in FY23. Launched by three classmates at IIT Delhi – Ankit Pruthi, Karun Singla and Vibhu Gargin in 2012. It was later acquired by Snapdeal in 2015. In 2021, latter sold a 30% stake in the firm to SoftBank. Unicommerce is the provider of cloud-based e-commerce fulfillment solutions for businesses. Some of its clients include Lenskart, Mamaearth, Boat, Urban Company and Zivame. It has filed for an IPO with an offer for sale of 25.6 million shares, with SoftBank and AceVector as key sellers. AceVector Limited holds a 34.91% stake in Unicommerce followed by SoftBank which commands 29.2%. (IPO: Initial public offering, in which shares of a private company are made available to the public) #unicommerce #IPO #Snapdeal #Softbank #AceVector

E-commerce enabler GoKwik and Bengaluru-based fin-tech company Cred have launched an exclusive offer for the D2C brands appearing on Shark Tank India Season 3. GoKwik | CRED | Chirag Taneja Click on the link below to know more.... #fintech #d2c #brands #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Shares of e-commerce platform FirstCry’s parent Brainbees Solutions Ltd. listed with a premium of 40% against the issue price of Rs 465. Click on the link below to know more... FirstCry.com (BrainBees Solutions Ltd.) I Supam Maheshwari #IPO #FirstCry #ecommerce #brainbeessolutions #publicissue #stock #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing

Amid the intensifying quick commerce battle for supremacy and expansion into ecommerce territory, Zepto is in early stage talks to raise at least $300 million from global investors, two sources briefed on the matter said. #retail #retailnews #latestnews #Etailing #Zepto #QuickCommerce #Zeptovaluation #Blinkit #SwiggyInstmart #Fliapkart #Walmart #Zomato #ZeptoFundraising

CEO Aadit Palicha's assertion that Zepto will surpass DMart within 2 years sounds ambitious. While looking at 💼 DMart's model of essential goods and efficiency through 200 stores, #Zepto navigates urbanization and convenience, alongside strong competitors like #SwiggyInstamart and #Blinkit. Zepto's #FinancialPerformance FY23 revenue was ₹2,024 crore, showing rapid growth but much smaller than #DMart's ₹30,976 crore ($3.75 billion) in FY2022. DMart is reporting profits in tune of ₹1,499 crore in FY23 while Zepto grew on losses of ₹1,272 crore in FY23. It will be now worth watching how Zepto's #BusinessStrategy fulfils what it dares today. #Ecommerce #RetailIndustry #CompetitiveAnalysis #InvestmentInsights #StartupChallenges #RetailTrends #QuickCommerce #MarketAnalysis

Unicommerce has reported a 16% #Growth in the client order volume handled through its platform during mid-year online sales compared with the prior year Snapdeal | AceVector Group SoftBank Rohit Bansal Kunal Bahl Kapil Makhija Follow Fabclub 🔗 #UnicommerceIPO #AceVectorGroup #Fabclub #Snapdeal #SoftBank #SaaSPlatform #IPO #IPOIndia #RHP #StockExchange #Brands #Marketplaces #Ecommerce #EcommerceSellingSimplified #IndianMarket

Unicommerce, a leading e-commerce enablement platform owned by Snapdeal, has received the green light from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). This milestone marks a significant step forward for Unicommerce, which has been instrumental in streamlining operations for e-commerce businesses through its innovative supply chain and warehouse management solutions. The approval from SEBI paves the way for Unicommerce to go public, potentially unlocking new growth opportunities and expanding its market presence. This development underscores the dynamic nature of the industry and the ongoing pursuit of innovation and excellence by key players like Unicommerce. Stay tuned for more updates as Unicommerce embarks on this exciting journey to the public markets! Unicommerce Snapdeal | AceVector Group #Unicommerce #Snapdeal #IPO #SEBINod #Ecommerce #MarketExpansion #SupplyChainManagement #BusinessGrowth #Innovation

🚀 Exciting News Alert! 🚀 Unicommerce, the e-commerce solutions trailblazer, is making waves with a jaw-dropping financial performance on its path to an epic IPO! 📈💰 In a groundbreaking move, Unicommerce has not only equaled but surpassed its entire fiscal year 2023 profit in just the first half of fiscal year 2024! 🎉💼 A stellar Profit After Tax (PAT) of INR 6.3 crores is making heads turn and setting the stage for what promises to be an extraordinary journey for this market disruptor. Unicommerce's IPO-bound status is injecting a surge of anticipation into the market, and for all the right reasons! 🌐💡 The company's ability to navigate the ever-changing e-commerce landscape has propelled it into a league of its own, securing its position as a pivotal player in the booming e-commerce ecosystem. Behind this phenomenal success lies Unicommerce's commitment to innovation, offering tailored solutions that streamline order processing, inventory management, and overall operational efficiency. 🚚📦 As the e-commerce industry skyrockets, Unicommerce stands tall, ready to capitalize on the surging market demand. Investors and stakeholders, buckle up! 🤝✨ Unicommerce's stellar first-half performance in fiscal year 2024 isn't just a financial feat; it's a testament to the company's unwavering potential in the fiercely competitive e-commerce technology sector. Get ready to ride the wave of success with Unicommerce! 🌊📊 #UnicommerceIPO #EcommerceSuccess #InnovationInTech

The initial public offer of e-commerce platform FirstCry’s parent Brainbees Solutions received 12.22 times subscription on the closing day of bidding. Click on the link below to know more... FirstCry.com (BrainBees Solutions Ltd.) I Supam Maheshwari #brainbees #firstcry #IPO #publicoffer #bidding #fashionretailer #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing