Flipkart acquires Israel-based start-up Upstream Commerce
6 years, 6 months ago

Flipkart acquires Israel-based start-up Upstream Commerce

Live Mint  

Bengaluru: Flipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as India’s largest online retailer looks to support its massive seller base with services such as real-time pricing and information on product assortment. The team at Upstream Commerce is highly talented and as we welcome them to Flipkart we are also looking forward to making Israel one of our excellence centres to do cutting edge data science work,” said Flipkart chief executive Kalyan Krishnamurthy in a statement. Flipkart said the team at Upstream will continue to work out of Israel and that Upstream would also double up as one of Flipkart’s global centres for future data science work. In a recent interview in August, Krishnamurthy had said Flipkart would continue to invest heavily on new technologies, especially in areas such as artificial intelligence and machine learning, and indicated that the online retailer would not shy away from making big, bold acquisitions to boost its own offerings.

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History of this topic

Amazon Considering India IPO, Looking To Spin Off Domestic Operations: Report
1 week, 5 days ago

Amazon Considering India IPO, Looking To Spin Off Domestic Operations: Report

ABP News  

E-commerce giant, Amazon, is looking into the possibility of spinning off its Indian operations and listing them locally, media reports said. To assess its options, Amazon, which also holds the second-largest market share in India after Flipkart, reportedly engaged with multiple Indian investment banks while also consulting JP Morgan, its primary banker on Wall Street. While an immediate shift to …

Flipkart lays off workforce as e-commerce giant shuts down ANS Commerce
1 month ago

Flipkart lays off workforce as e-commerce giant shuts down ANS Commerce

India TV News  

Flipkart lays off workforce as e-commerce giant shuts down ANS Commerce Flipkart news: After careful consideration, ANS Commerce, a full-stack e-commerce enabler that was acquired by Flipkart in 2022, has decided to close its operations. Flipkart Ventures announces investment in 5 startups Flipkart Ventures on Thursday announced that five startups have been selected for the third cohort of Flipkart Leap …

Flipkart Mafia-backed quick commerce startup FirstClub eyes top 10% Indians, gets $8 mn funding boost
3 months, 2 weeks ago

Flipkart Mafia-backed quick commerce startup FirstClub eyes top 10% Indians, gets $8 mn funding boost

Live Mint  

Former Flipkart executives-run e-commerce omnichannel retailer FirstClub aims to tap into the top 10 per cent of India's population, people with annual household income above ₹15 lakh, amid the e-commerce industry boom, Moneycontrol reported on Thursday, December 12. The company's founder, Ayyappan R, told the news portal that the platform will be for people who do not mind paying more …

Flipkart IPO likely in 12-15 months, plans to shift domicile to India ahead of listing, says report
Top News
3 months, 3 weeks ago

Flipkart IPO likely in 12-15 months, plans to shift domicile to India ahead of listing, says report

Live Mint  

Online retailer Flipkart plans to publicly list within 12-15 months time, according to an Economic Times report citing multiple sources. The report added that plans for the IPO have been under discussion since 2021 but were put on hold due to “adverse market conditions” in FY23. Industry Overview One source highlighted global listing successes such as Coupang in South Korea, …

Flipkart to shift base from Singapore to India as it prepares to public, IPO in next 12-15 months
3 months, 3 weeks ago

Flipkart to shift base from Singapore to India as it prepares to public, IPO in next 12-15 months

Firstpost  

In a strategic move to align with local regulations and prepare for a listing on India’s stock exchange, Flipkart will be shifting its base from Singapore to India Walmart, which bought a majority stake in Flipkart for $16 billion in 2018, has been planning and preparing for its IPO strategy for quite some time now. Image Credit: Reuters Flipkart, India’s …

Flipkart sets sights on IPO launch within 12-15 months: Report
Trending News
3 months, 3 weeks ago

Flipkart sets sights on IPO launch within 12-15 months: Report

India Today  

Flipkart which is valued at $36 billion, is preparing to launch its initial public offering within the next 12-15 months, reported The Economic Times. The US retail giant has consistently expressed confidence in Flipkart’s growth potential, with executives highlighting strong performance in flagship events like the Big Billion Days sale. But now there's strong growth both in Flipkart and in …

Flipkart, Amazon under scrutiny for foreign investment violations: Report
Trending News
4 months, 2 weeks ago

Flipkart, Amazon under scrutiny for foreign investment violations: Report

India Today  

The government is planning to summon executives from Flipkart and Amazon as part of a deeper investigation into possible violations of foreign investment rules, reported news agency Reuters. The action highlights the rising regulatory scrutiny faced by Walmart-owned Flipkart and Amazon, both of which are experiencing rapid growth in India’s Rs 70 billion e-commerce market. Following last week’s raids on …

Flipkart's Transformational Journey: Driving India's Growth Story Through Technology and Innovation
5 months ago

Flipkart's Transformational Journey: Driving India's Growth Story Through Technology and Innovation

Hindustan Times  

Flipkart's Big Billion Days event has driven India's digital commerce revolution, creating opportunities for shared success and fostering a vibrant ecosystem of sellers and customers. The company's commitment to technology and innovation has enabled small businesses and entrepreneurs to reach a wider audience, boosting the country's e-commerce landscape. Flipkart's inclusive approach has empowered underserved communities and contributed to the growth …

When will Flipkart be listed? ‘Looking at right time’, may enter quick commerce segment
10 months, 2 weeks ago

When will Flipkart be listed? ‘Looking at right time’, may enter quick commerce segment

Hindustan Times  

Walmart's international president and CEO Kathryn McLay said that the US retailer is exploring the right time for its Flipkart business to go public. The firm's India unit has witnessed strong growth, Kathryn McLay said during the company's earnings call. They are on track to the growth trajectory that we had them on, and we are looking and exploring when …

Flipkart opens grocery warehouse
11 months, 2 weeks ago

Flipkart opens grocery warehouse

The Hindu  

Flipkart, an e-commerce marketplace, has launched its new grocery fulfillment center in Hubli, Karnataka, furthering its commitment to offering next-day grocery deliveries to consumers. Based on local consumer insights, the new fulfillment center in Hubballi will offer a curated selection of over 6,000 products, including the State’s popular favourites such as Nandini, Naga, and Vijay, to name a few alongside …

Flipkart to launch instant-delivery service: All you need to know
1 year ago

Flipkart to launch instant-delivery service: All you need to know

India TV News  

Flipkart, an e-commerce major has been planning to enter the quick-commerce business, which aims to deliver orders to customers instantly after purchase. As per the TechCrunch report, citing sources, the e-commerce intends to launch the instant-delivery service in select locations as early as May this year. Flipkart spokesperson was quoted saying, "The e-commerce firm is committed to meeting evolving customer …

Flipkart brings new UPI handle to drive digital economy in India
1 year ago

Flipkart brings new UPI handle to drive digital economy in India

India TV News  

Flipkart, an e-commerce marketplace launched its Unified Payments Interface handle to enhance further its digital payment which will offer all the customers, including its 500+ million customers. In its first phase, Flipkart has partnered with Axis Bank, wherein users can register for UPI with @fkaxis handle for their digital transactions using the Flipkart app. Dheeraj Aneja, Senior Vice President - …

India's online shopping market: Which is better? Flipkart, Amazon or Meesho
1 year, 2 months ago

India's online shopping market: Which is better? Flipkart, Amazon or Meesho

Hindustan Times  

Walmart-owned Flipkart is leading India's e-commerce segment with 48% market share, AllianceBernstein said in a new report. Softbank-backed Meesho has emerged as the fastest growing ecommerce platform in terms of users in India while Flipkart's users grew 21% year-on-year. The e-tailer is growing faster than the industry in the country, the report said, adding, “As of FY23, Flipkart was the …

Flipkart, Swiggy to cut jobs as part of restructuring
1 year, 2 months ago

Flipkart, Swiggy to cut jobs as part of restructuring

New Indian Express  

BENGALURU: Both Flipkart and Swiggy are reportedly letting go of 1,000 and 400 employees, respectively, as part of their restructuring exercise. Though mails to both the companies did not elicit any response, sources said Flipkart will let go of a few employees as part of its annual restructuring and that the number is not yet fixed. Flipkart had previously imposed …

Flipkart to distribute Axis Bank personal loans amid RBI concerns on unsecured lending
1 year, 8 months ago

Flipkart to distribute Axis Bank personal loans amid RBI concerns on unsecured lending

India TV News  

Flipkart to distribute Axis Bank personal loans amid RBI concerns on unsecured lending Flipkart's senior vice president for fintech and payments group, Dheeraj Aneja said the e-commerce platform already offers financing avenues like Buy Now Pay Later, Equated Monthly Installments, and Co-branded Credit Cards to support buyers. Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal …

How e-com giant Flipkart is powering India’s retail growth story
2 years, 4 months ago

How e-com giant Flipkart is powering India’s retail growth story

Hindustan Times  

India is amongst the fastest-growing economies in the world today and e-commerce has acted as one of the major pillars of this growth, especially in the aftermath of the pandemic when customers across the country transitioned to online retail as the preferred platform for all kinds of purchases. As retail moved online and powered the growth of the economy, major …

“Technology is at the centre of all that we do”: Flipkart
2 years, 4 months ago

“Technology is at the centre of all that we do”: Flipkart

Hindustan Times  

As one of India’s homegrown e-commerce players, Flipkart delivers every serviceable PIN code across the length and breadth of the country today. Hemant Badri, Senior Vice President and Head of Supply Chain, Flipkart said, “Technology is at the centre of all that we do, whether you talk about automated guided vehicles, cross bed sorters, or robot-led automated packing machines. “Supply …

In India, a new platform to curb the powers of Amazon, Flipkart
2 years, 11 months ago

In India, a new platform to curb the powers of Amazon, Flipkart

Al Jazeera  

Tech mogul Nandan Nilekani is is working with gov’t to build a platform to help small merchants, & rein in big players. He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program to create biometric identification for India’s almost 1.4 billion people. The high-profile mogul is helping Prime Minister Narendra Modi build …

Flipkart Group buysYaantrato expand its reverse commerce business
3 years, 2 months ago

Flipkart Group buysYaantrato expand its reverse commerce business

Live Mint  

The Flipkart Group, owned by Walmart Inc, has bought electronics reverse commerce company Yaantra in a bid to expand its reverse commerce business and to enhance after-sale offerings for its smartphone customers, Flipkart said in a statement on Thursday. Yaantra, a brand that repairs and sells refurbished consumer tech products such as smartphones and laptops, will enhance Flipkart’s refurbishment business …

A Bangalore based startup that can help you to save up to extra 35%
3 years, 5 months ago

A Bangalore based startup that can help you to save up to extra 35%

Hindustan Times  

Flipshope helps people save their money while shopping online. With over 2 million downloads, more than 20 million impressions across the globe and 150K daily active users, Jaipur and Bangalore Based Startup, Flipshope has established itself as one of India’s top deals and bargain hunting sites. “During the time of pandemic everybody wants a no contact and safer shopping methods …

'Flipkart Boost' Programme Launched To Help Digital-First Consumer Brands Grow
3 years, 6 months ago

'Flipkart Boost' Programme Launched To Help Digital-First Consumer Brands Grow

News 18  

Walmart-owned Flipkart on Tuesday launched ‘Flipkart Boost’, a new programme aimed at helping digital-first consumer brands to grow their business. Through a service fee model, Flipkart Boost will provide end-to-end support covering planning, advertising, cataloguing, logistics, quality control and mentoring to emerging ‘Made in India’ brands, a statement said. The Flipkart Boost programme will shortlist brands based on a set …

Flipkart Wholesale brings in credit programme for kiranas, retailers to boost business
3 years, 7 months ago

Flipkart Wholesale brings in credit programme for kiranas, retailers to boost business

India TV News  

Flipkart Wholesale, the digital B2B marketplace of the Walmart-owned company, on Tuesday announced a new credit programme to help kiranas manage their working capital requirements and grow their business. Flipkart Wholesale's credit offerings, including 'Easy Credit' in partnership with IDFC FIRST Bank, are in line with a series of initiatives undertaken to solve local pain points of kiranas in the …

Flipkart’s B2B arm aims to triple reach by year-end
3 years, 7 months ago

Flipkart’s B2B arm aims to triple reach by year-end

Live Mint  

E-commerce major Flipkart group’s business-to-business marketplace Flipkart Wholesale said on Thursday it will triple its reach by July-December 2021, following which the marketplace will serve kirana stores in 2,700 cities across the country. The company said it will be grow its supplier base by 58% in 2021, having seen its kirana customer base rise 17% year-on-year during January-June 2021, it …

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs
3 years, 7 months ago

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs

Live Mint  

E-commerce marketplace Flipkart on Friday announced that it would be expanding it grocery services to Tamil Nadu and Kerala. Through a regional expansion-focused marketplace model, the new centre would serve more than 150 pincodes in the region, the company said As per a statement, customers in Coimbatore, Madurai, Tiruchirappalli, and Erode in Tamil Nadu and Ernakulam in Kerala would get …

Flipkart launches Shopsy app to help local entrepreneurs
3 years, 8 months ago

Flipkart launches Shopsy app to help local entrepreneurs

India TV News  

Flipkart on Thursday launched Shopsy app that will provide opportunities to enterprising Indians to start their own online business with no upfront investment. With Shopsy, Flipkart aims to enable over 25 million online entrepreneurs by 2023 "Now, anyone from anywhere can start their online business with zero investment. In addition, we are opening up Flipkart's years of e-commerce expertise for …

Flipkart in talks to raise $3 billion, targets valuation of $40 billion
3 years, 9 months ago

Flipkart in talks to raise $3 billion, targets valuation of $40 billion

Live Mint  

Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is in talks to raise at least $3 billion from investors including SoftBank Group Corp. and several sovereign wealth funds, according to people familiar with the matter. Japan’s SoftBank, which had previously backed Flipkart before selling its stake to Walmart, could invest $300 million to $500 million of the total through …

Flipkart Quick That Promises Doorstep Delivery in 90 Minutes Now Available in Six Indian Cities
3 years, 11 months ago

Flipkart Quick That Promises Doorstep Delivery in 90 Minutes Now Available in Six Indian Cities

News 18  

Flipkart has announced that its hyperlocal and super fast service, Flipkart Quick that promises delivery of products in just 90-minutes, is now available in Delhi, Gurugram, Ghaziabad, Noida, Hyderabad, and Pune. The hyperlocal delivery service was launched in Bengaluru in 2020 to widen the accessibility of products and enable quick delivery for consumers who order products from Flipkart hubs in …

Hearing of Flipkart, Amazon case resumes
4 years, 2 months ago

Hearing of Flipkart, Amazon case resumes

Live Mint  

Karnataka high court on Monday said it will begin daily hearing of the case between the Competition Commission of India and India’s two biggest online retailers Flipkart and Amazon on Wednesday, two people aware of the development said. CCI had approached the high court in December to vacate a stay issued by the court in February 2020 on a probe …

Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech co
4 years, 3 months ago

Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech co

India TV News  

E-commerce major Flipkart on Thursday announced a "partial spin-off" of PhonePe as the digital payment firm raises USD 700 million in funding, valuing it at USD 5.5 billion. In this financing round, PhonePe is raising USD 700 million in primary capital at a post-money valuation of USD 5.5 billion from existing Flipkart investors, led by Walmart, a statement said. Flipkart, …

Flipkart’s virtual Big Billion Days sale to be led by value buying
4 years, 5 months ago

Flipkart’s virtual Big Billion Days sale to be led by value buying

Live Mint  

BENGALURU: Flipkart, which kicks off its flagship Big Billion Days sale on 16 October, is relying on technology, value-driven shopping, and expanding its assortments to cater to customers from smaller cities this year. BBD, which will closely compete with Amazon’s Great Indian Festive Sale, ahead of Dussehra and Diwali, will be a litmus test for e-commerce firms who have said …

Coming up! 3 lakh jobs in e-com as Amazon, Flipkart ready festival sales
4 years, 6 months ago

Coming up! 3 lakh jobs in e-com as Amazon, Flipkart ready festival sales

India TV News  

With the festive season round the corner, e-commerce firms such as Amazon and Flipkart are ramping up their delivery capabilities, by investing in warehousing infrastructure as well as hiring more on-ground staff. Flipkart: Walmart-owned Flipkart recently said that it will hire 70,000 people in its supply chain operations ahead of the festive season sales and its flagship Big Billion Days …

Flipkart Wholesale joins B2B battlefield
4 years, 6 months ago

Flipkart Wholesale joins B2B battlefield

Live Mint  

BENGALURU: Homegrown e-tailer Flipkart has launched its digital business-to business marketplace as e-commerce firms boost such operations, digitising kiranas and leveraging online sales to take advantage of India’s large consumer base. Ltd, which operates the Best Price cash-and-carry wholesale stores, digital marketplace Flipkart Wholesale will help the e-commerce firm grow its B2B vertical. “Flipkart Wholesale is built on the core …

Walmart's Flipkart Starts Wholesale E-commerce Service in India
4 years, 6 months ago

Walmart's Flipkart Starts Wholesale E-commerce Service in India

News 18  

India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce. Flipkart, majority-owned by Walmart Inc, bought the U.S. retail giant’s wholesale business in India in July. Amazon.com Inc and other e-commerce players including online grocery …

Walmart's Flipkart to Offer 90-minute Delivery of Groceries and Home Accessories in India
4 years, 8 months ago

Walmart's Flipkart to Offer 90-minute Delivery of Groceries and Home Accessories in India

News 18  

India's Flipkart said on Tuesday it plans to offer 90-minute deliveries for groceries and home accessories, as the Walmart-owned online retailer goes head to head with Amazon.com Inc in a key growth market for e-commerce. Flipkart said its hyperlocal service, dubbed Flipkart Quick, will also sell mobile phones and stationery items, taking it a step further than Amazon's quick-delivery service …

Flipkart Raises $1.2Bn in Walmart-led Funding, Valued at $24.9Bn
4 years, 8 months ago

Flipkart Raises $1.2Bn in Walmart-led Funding, Valued at $24.9Bn

The Quint  

Indian e-commerce giant Flipkart has raised $1.2 billion in a funding round led by its majority stakeholder Walmart along with other existing shareholders. This is the largest fund raising for Flipkart since Walmart acquired the retail platform two years ago for $16 billion. Flipkart CEO Kalyan Krishnamurthy, in a statement, said, “Since Walmart’s initial investment in Flipkart, we have greatly …

JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart
4 years, 10 months ago

JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart

CNN  

Hong Kong CNN Business — An online grocery business backed by Asia’s richest man is expanding to hundreds of cities across India — a move widely seen as a challenge to Amazon and Flipkart. But JioMart’s launch “is a reason for worry for Amazon and Flipkart, are not very strong in grocery,” said Satish Meena, analyst with research firm Forrester. …

Flipkart awaits advisories from states for resuming full services; Centre allows delivery of non-essential items by e-commerce platforms
4 years, 10 months ago

Flipkart awaits advisories from states for resuming full services; Centre allows delivery of non-essential items by e-commerce platforms

Firstpost  

Sales of non-essential items on e-commerce platforms in the first week of May, after sales of such items were allowed in green and orange zones, were lower than last year on account of the lockdown. New Delhi: Walmart-owned Flipkart on Monday said it is awaiting advisories from different states for resuming full services, including in red zones, a day after …

Flipkart ties up with Gujarat govt to promote local handicrafts; aims to help artisans expand market reach
5 years, 2 months ago

Flipkart ties up with Gujarat govt to promote local handicrafts; aims to help artisans expand market reach

Firstpost  

Flipkart Samarth aims at bringing thousands of artisans, weavers and craftsmen from across the country into the fold of e-commerce. Flipkart, India’s homegrown e-commerce marketplace, has signed a memorandum of understanding with the Gujarat State Handloom and Handicrafts Development Corporation as a part of its Flipkart Samarth initiative. Flipkart Samarth aims at bringing thousands of artisans, weavers and craftsmen from …

CCI orders enquiry into business practices of Amazon, Flipkart
5 years, 2 months ago

CCI orders enquiry into business practices of Amazon, Flipkart

The Hindu  

Fair market watchdog Competition Commission of India has ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers. In its order, the CCI said that it needs to be investigated whether the alleged exclusive arrangements, deep discounting and preferential listing by Amazon and Flipkart are being used …

Antitrust probe ordered against Amazon, Flipkart
5 years, 2 months ago

Antitrust probe ordered against Amazon, Flipkart

The Hindu  

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc. and Walmart’s Flipkart, the latest setback for U.S.-based e-commerce giants operating in the country. The Competition Commission of India said it was ordering a wider probe following a review of allegations that Amazon and Flipkart were promoting some “preferred sellers” and in turn impacting …

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs
5 years, 3 months ago

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs

Firstpost  

The American retailer will invest in areas that will help Flipkart, Walmart and its global supply chain, in India Walmart, which owns 77 percent of e-commerce firm Flipkart, will strengthen its investment in the supply chains of both the companies to build up the grocery and daily essentials space, which will help broaden consumer and merchant base, two officials with …

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India
5 years, 5 months ago

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India

Firstpost  

E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment New Delhi: E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus …

Amazon, Flipkart find success in rural India during sales season
5 years, 5 months ago

Amazon, Flipkart find success in rural India during sales season

Live Mint  

Amazon.com Inc. and rival Walmart Inc. reported record revenue for their six-day India sales festivals as e-commerce catches on with buyers and sellers in smaller Indian towns, moving beyond the country’s urban, English-speaking population. The American competitors have been dueling in India since Walmart cut a $16 billion deal for control of local pioneer Flipkart Online Services Pvt last year. …

Flipkart’s Big Billion Days sale no longer about discounts: CEO Krishnamurthy
5 years, 6 months ago

Flipkart’s Big Billion Days sale no longer about discounts: CEO Krishnamurthy

Live Mint  

With its annual flagship sale right around the corner, Flipkart’s chief executive Kalyan Krishnamurthy shares how this will be the biggest ever Big Billion Days sale despite sceptical consumer sentiment, and how the event will be different this year. And about affordability, we didn’t have 55 million customers who can access credit earlier. How are the offerings different on Flipkart’s …

Flipkart adds over 50,000 direct jobs, indirect jobs up by 30% ahead of festival season
5 years, 6 months ago

Flipkart adds over 50,000 direct jobs, indirect jobs up by 30% ahead of festival season

Live Mint  

New Delhi: E-commerce giant Flipkart said it has added over 50,000 direct jobs across its supply chain, logistics arm, and customer support ahead of the festival season and its Big Billion Days sale. In addition to that, it expects to have boosted indirect jobs through its seller network by 30% compared to last year, taking it to 6.5 lakh in …

E-commerce can boost consumption, expect strong demand from small towns, cities: Flipkart
5 years, 6 months ago

E-commerce can boost consumption, expect strong demand from small towns, cities: Flipkart

Live Mint  

Walmart-owned Flipkart on Monday said it does not see its sellers or consumers tightening their purse strings during the festive season ahead and expressed confidence in clocking strong sales this year with demand being driven by Tier II and III markets. Speaking to PTI, Flipkart Group CEO Kalyan Krishnamurthy said this year's edition of The Big Billion Days, which will …

Mobile sales come down, but still in double-digits
5 years, 6 months ago

Mobile sales come down, but still in double-digits

Deccan Chronicle  

Chennai: Mobile phone as a category is witnessing the slowest sales growth in the e-commerce space this year. Ever since the e-commerce sector started growing in India, mobile phones have been numero uno in the marketplace, as the largest-selling category growing multi-fold. Even during the demonetisation and GST implementation phase, the mobile phones have been growing by 40 to 50 …

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery
5 years, 6 months ago

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery

Live Mint  

New Delhi: Walmart-owned Flipkart on Monday said it has onboarded nearly 27,000 'kirana' shops across 700 cities to strengthen its pan-India supply chain ahead of the upcoming festive season. This will further strengthen and personalise e-commerce experience for its existing 160 million customers, help deepen its reach to newer geographies and consumers and support 'kiranas' by enhancing their income, a …

Big Billion Startup: A book on the untold Flipkart story to release in Oct
5 years, 7 months ago

Big Billion Startup: A book on the untold Flipkart story to release in Oct

Live Mint  

IIT graduates Sachin Bansal and Binny Bansal founded out of an apartment in Bangalore what would become Indias biggest e-commerce start-up. Recounting the astounding story of how the Bansals built Flipkart into a multi-billion-dollar powerhouse in a span of few years, journalist Mihir Dalal has penned a new book. Based on extraordinary research, extensive interviews and deep access to key …

Flipkart launches initiative 'Samarth' to bring Indian artisans, weavers, handicrafts makers on platform
5 years, 7 months ago

Flipkart launches initiative 'Samarth' to bring Indian artisans, weavers, handicrafts makers on platform

Firstpost  

New Delhi: Walmart-owned Flipkart on Wednesday launched a new initiative ‘Samarth’ to bring Indian artisans, weavers and handicrafts makers on its platform. The e-commerce giant, which is locked in an intense battle for leadership in the Indian market, has partnered with five non-governmental organisations to help artisans use the online marketplace to sell their products. Flipkart Samarth has been designed …

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