Express News Service
Amazon, Flipkart and other players in the e-commerce market hold regular flash sales, offering massive discounts and sales. While customers and businesses eagerly wait for this time, as it’s a win-win for both, the government has proposed banning such sales in the new draft of e-commerce rules.
The Department of Consumer Affairs had asked for comments or suggestions on the proposed amendments to Consumer Protection by July 06, 2021, but final announcement are yet to be made. Gadget accessory and consumer electronics brand UBON holds flash sales fourfive times a year on their platform apart from being a third party seller on other websites.
UBON signs Mr Sangram Chougule, as its brand ambassador adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Click HERE to find out ⭐ U.S. Fintech Startup Axle Raises $10 Million Through Series A Funding Round Led By Crosslink Capital. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Axle, a New York-based financial services platform for the freight and logistics industry, raised $10M in Series A funding.
The round was led by Crosslink Capital, FJ Labs, Flexport, Tribeca Early Stage Partners, Ron Suber (fintech investor), Jett McCandless (founder, Project44), Michael Mook (CEO, Fundopolis; principal, Big Plan Holdings), Darshan Somashekar (co-founder, EasyBib and drop.io), Mandeep Arora (founder, Cantaloupe), and Daniel Warner (SVP, sennder), Anthemis Group, Techstars, and Plug and Play Ventures.
The company intends to use the funds to expand operations, grow its client base, and further develop its payments and financing platform.
Led by CEO Bharath Krishnamoorthy and CTO Shawn Vo, Axle combines industry expertise with a technology platform to allow freight intermediaries to modernize their operations and optimize their cash flows.