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 the American retail giant told Tech2. Walmart needs to build the supplier network because India’s foreign direct investment norms do not allow Best Price to sell on Flipkart. “Together it feeds deep into Flipkart’s, Walmart’s and the global supply chain businesses,” the official said. Talking of synergies, the first official said technology, supply chain, building best practices and looking at better go-to-market strategies, Walmart and Flipkart could have many things in common.

India Supply Supply Chain Help Msme Walmart Flipkart Supplier Best Price  supply  flipkarts  essentials  flipkart  sellers  businesses  suppliers  india  grocery  improve  supplier  msme  space  help  training  global  walmart  focus

History of this topic

Walmart announces strategic pilots with India-based startups
2 months ago

Walmart announces strategic pilots with India-based startups

The Hindu  

America's mega retail chain Walmart has announced strategic pilots with India-based startups to provide solutions for its U.S. supply chain and sourcing operations. By collaborating with global innovators, we’re leveraging fresh ideas to build a more resilient supply network,” said Kyle Carlyle, Vice President of sourcing Innovation & Surety of Supply, at Walmart. The three startups selected for pilot programmes …

Government partners with Flipkart to boost Indian startups
3 months, 2 weeks ago

Government partners with Flipkart to boost Indian startups

Live Mint  

New Delhi, December 10 : In a significant step to support India's startup ecosystem, the Department for Promotion of Industry and Internal Trade has signed a Memorandum of Understanding with Flipkart, e-commerce platform. It said "DPIIT has partnered with Flipkart, India's homegrown e-commerce market and signed an MoU with the former to support and empower tech start-ups across India". "The …

Flipkart to shift base from Singapore to India as it prepares to public, IPO in next 12-15 months
3 months, 2 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, 2 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 …

Swiggy hires senior executives from Flipkart and Amazon for expansion: Report
4 months, 1 week ago

Swiggy hires senior executives from Flipkart and Amazon for expansion: Report

Hindustan Times  

Swiggy, an online food ordering and delivery company, is hiring executives from other e-commerce companies, such as Walmart-owned Flipkart and Amazon, for its expansion plans, according to a Moneycontrol report. The company is looking to boost revenues by increasing the average order values by launching several support initiatives and expand its operations, including by introducing ‘Yello’, a marketplace for professional …

Flipkart's Transformational Journey: Driving India's Growth Story Through Technology and Innovation
4 months, 3 weeks 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, 1 week 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, 1 week 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's Big Billion Day drew 1.4 billion customers and super Walmart sales
1 year, 1 month ago

Flipkart's Big Billion Day drew 1.4 billion customers and super Walmart sales

Hindustan Times  

Flipkart’s annual Big Billion Day sales boosted US retail major Walmart’s sales in the quarter ending January although it hurt the company’s profit margin for the period. The Big Billion Day- Flipkart's annual festive sale event in October 2023 touted as the ‘largest ever’- brought 1.4 billion customer visits to the platform, a top Walmart executive said. Walmart's Q4 profits …

India's online shopping market: Which is better? Flipkart, Amazon or Meesho
1 year, 1 month 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, 1 month 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 …

Walmart set to meet its goal of sourcing goods worth $10 billion from India by 2027, says CEO Doug McMillon
1 year, 10 months ago

Walmart set to meet its goal of sourcing goods worth $10 billion from India by 2027, says CEO Doug McMillon

The Hindu  

Walmart Inc., the Arkansas-based retail corporation, on Wednesday said it was all set to meet its goal of sourcing goods worth $10 billion from India each year by 2027. Walmart CEO Doug McMillon who was touring India to meet suppliers, partners and small and medium enterprises in Delhi, Mumbai and Bengaluru said, India’s unique ecosystem of suppliers would help power …

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 …

Flipkart grocery business expands presence from 9 to 1,800+ towns in 1.5 years
2 years, 4 months ago

Flipkart grocery business expands presence from 9 to 1,800+ towns in 1.5 years

Hindustan Times  

One of the most important businesses for e-commerce giant Flipkart is its grocery business, which has grown from being a nine-city business to one with a presence across 1,800 towns over the past one and a half years. Over the last year and a half, the grocery wing of Flipkart has ramped up its facilities to about 23 fulfillment centers, …

Meta-backed Meesho is beating Amazon, Walmart in race for Indian shoppers
2 years, 5 months ago

Meta-backed Meesho is beating Amazon, Walmart in race for Indian shoppers

Live Mint  

An upstart e-commerce service is winning more new shoppers in India than Amazon.com Inc. and Walmart Inc.’s Flipkart, posing a challenge to the U.S. retailing titans, which have plowed billions of dollars into the world’s biggest untapped digital market. Bengaluru-based Meesho is leading the burgeoning social-commerce sector, allowing users to sell items by sharing product listings with friends via Meta …

India has a unique role to play in global economy: Walmart
2 years, 6 months ago

India has a unique role to play in global economy: Walmart

The Hindu  

India, with its deep pool of talent, proven ability to leapfrog existing digital technologies and extensive manufacturing expertise, has a unique role to play in the global economy, said Judith McKenna, President and CEO of Walmart International. “We’re building on what we’ve learned here in India, creating opportunities and access for customers and businesses that they never had before,’‘ she …

In India, a new platform to curb the powers of Amazon, Flipkart
2 years, 10 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 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’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 …

India, Mexico markets push Walmart global business grow 13% in Q2
3 years, 7 months ago

India, Mexico markets push Walmart global business grow 13% in Q2

The Hindu  

US retail giant Walmart saw its operations in markets such as India, China and Mexico push its international business growth by 13% in the second quarter ended July 31, with e-commerce continuing to expand its share in the segment. Net sales grew nearly 13 per cent in constant currency including strength in India, Mexico and China," Walmart president and CEO …

Flipkart expands its grocery services to Tamil Nadu and Kerala
3 years, 7 months ago

Flipkart expands its grocery services to Tamil Nadu and Kerala

Live Mint  

BENGALURU: Walmart-owned Flipkart is now expanding its grocery services in Tamil Nadu and Kerala, the company said on Friday. Grocery is a regionally indexed category, and our focus has been to build local sourcing capabilities to better serve local consumer needs with the finest regional selection in addition to bringing the best quality national brands to the consumer’s doorstep,” said …

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 …

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart
3 years, 7 months ago

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

News 18  

Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said …

Walmart-Owned Flipkart Raises USD 3.6 Billion In Funding, Now Values At 37.6 Billion
3 years, 8 months ago

Walmart-Owned Flipkart Raises USD 3.6 Billion In Funding, Now Values At 37.6 Billion

ABP News  

Mumbai: Walmart-owned Flipkart has raised $3.6 billion in the new caption from its promoters and investors, SoftBank Group Corp, valuing the e-commerce firm at $37.6 billion, more than double the amount, for which US retail giant bought a 77 percent stake in 2018. The investors in the latest funding include financial investors GIC, Canada Pension Plan Investment Board, SoftBank Vision …

Flipkart raises USD 3.6 billion from GIC, SoftBank, Walmart, others; valuation hits USD 37.6 billion
3 years, 8 months ago

Flipkart raises USD 3.6 billion from GIC, SoftBank, Walmart, others; valuation hits USD 37.6 billion

India TV News  

Flipkart Group on Monday said it has raised USD 3.6 billion in funding led by GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart, valuing the e-commerce giant at USD 37.6 billion. The current funding round has The investment values the Group at USD 37.6 billion post-money, Flipkart said in a statement. As we serve our consumers, …

Flipkart opens 2.2 lakh sq ft warehouse in West Bengal, to create about 3,500 direct jobs
3 years, 9 months ago

Flipkart opens 2.2 lakh sq ft warehouse in West Bengal, to create about 3,500 direct jobs

India TV News  

Walmart-owned Flipkart on Wednesday said it has set up a new fulfilment centre in West Bengal, its second-largest in the state, that will help in creating nearly 3,500 direct jobs. Spread across an area of over 2.2 lakh sq ft, the new facility in Dankuni will cater to the needs of Flipkart and Myntra customers in the region and bolster …

Flipkart IPO: Walmart says ready for e-commerce giant's IPO but no specific timeline yet
3 years, 9 months ago

Flipkart IPO: Walmart says ready for e-commerce giant's IPO but no specific timeline yet

India TV News  

US retail giant Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, Walmart International President and CEO Judith McKenna said while speaking at the DB Access Global Consumer Conference on June 7. "But if …

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 …

Walmart sets up vaccine clinics for Flipkart workers as India grapples with Covid crisis
3 years, 10 months ago

Walmart sets up vaccine clinics for Flipkart workers as India grapples with Covid crisis

CNN  

New York CNN Business — Walmart is setting up vaccination clinics for more than 200,000 of its workers and their families in India, as the country grapples with a devastating second wave of the Covid-19 pandemic. Although Walmart does not operate any stores in India, it controls two of India’s most important online companies: retailer Flipkart and its affiliated digital …

Govt looks to scale up MSME exports
4 years, 4 months ago

Govt looks to scale up MSME exports

Live Mint  

Boosting the share of small businesses in the economy is a priority and scaling up exports and lowering costs are essential to help them recover quickly, Union minister Nitin Gadkari said on Tuesday. It is extremely important to raise MSMEs’ share in exports, the minister for MSMEs and transport said during a webinar hosted by Walmart on a roadmap to …

Walmart, Flipkart invest $30 million in Ninjacart
4 years, 5 months ago

Walmart, Flipkart invest $30 million in Ninjacart

Live Mint  

US-based retailer Walmart Inc. and Flipkart Group have made an additional investment in Bengaluru-based fresh produce supply startup Ninjacart, the companies said in a joint statement on Monday. Kalyan Krishnamurthy, CEO, Flipkart Group said the e-grocery market has seen tremendous growth over the past several months as people have increasingly taken to ordering groceries and fresh produce online. “At the …

Walmart India’s losses widen to ₹299 cr in FY20
4 years, 5 months ago

Walmart India’s losses widen to ₹299 cr in FY20

Live Mint  

New Delhi: Walmart India Private Limited, which operates 28 wholesale stores under the Best Price Modern Wholesale format, reported net loss of ₹299.20 crore for the year ended 31 March, 2020. Walmart India, whose wholesale business was recently acquired by e-commerce major Flipkart Group, had reported a net loss of ₹171.68 crore in FY19, according to financial data accessed by …

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, 7 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 …

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
4 years, 9 months ago

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

Firstpost  

The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday New Delhi: The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory …

JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart
4 years, 9 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. …

Coronavirus Lockdown: Flipkart partners Vishal Mega Mart for home delivery of essentials in 26 cities
4 years, 10 months ago

Coronavirus Lockdown: Flipkart partners Vishal Mega Mart for home delivery of essentials in 26 cities

Firstpost  

Walmart-owned Flipkart on Tuesday said it has partnered with retail store chain, Vishal Mega Mart for home delivery of essential items in 26 cities in the country, including Delhi-NCR, Bengaluru and Kolkata New Delhi: Walmart-owned Flipkart on Tuesday said it has partnered with retail store chain, Vishal Mega Mart for home delivery of essential items in 26 cities in the …

Flipkart ties up with Gujarat govt to promote local handicrafts; aims to help artisans expand market reach
5 years, 1 month 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 …

Walmart to open 25 institutes in India in next 5 years, to train 50,000 MSME entrepreneurs
5 years, 3 months ago

Walmart to open 25 institutes in India in next 5 years, to train 50,000 MSME entrepreneurs

Firstpost  

New Delhi: US retail major Walmart would open 25 institute hubs in India in next five years, which would train 50,000 entrepreneurs from the micro, small & medium enterprises sector, said a top company official. The institutes opened under ‘Walmart Vriddhi Supplier Development Programe’ would be spread across the nation and would be strategically located near the manufacturing clusters and …

Walmart to open 25 institutes in next 5 years, to train 50,000 MSME entrepreneurs
5 years, 3 months ago

Walmart to open 25 institutes in next 5 years, to train 50,000 MSME entrepreneurs

India TV News  

US retail major Walmart would open 25 institute hubs in India in next five years, which would train 50,000 entrepreneurs from the micro, small & medium enterprises sector, said a top company official. The institutes opened under 'Walmart Vriddhi Supplier Development Programe' would be spread across the nation and would be strategically located near the manufacturing clusters and are part …

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. …

Walmart-backed Flipkart seeks to double furniture biz annually for next 3-5 years
5 years, 6 months ago

Walmart-backed Flipkart seeks to double furniture biz annually for next 3-5 years

Live Mint  

New Delhi: It may be hard to associate Walmart-backed Flipkart with just furniture sales. However, not only is Flipkart now the largest online retailer of furniture in the country with a little over 40% market share, furniture is also one of its fastest-growing categories. The Indian furniture market is growing at a compounded annual growth rate of 15-17% with residential …

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 …

Walmart ranked as India’s top retailer: Report
5 years, 7 months ago

Walmart ranked as India’s top retailer: Report

Live Mint  

New Delhi: US retail giant Walmart is India’s top retailer, according to a study by Euromonitor International tracking Asia’s largest retailers. Walmart is followed by another US giant—online retailer Amazon—that according to the report titled Top 100 Retailers in Asia 2019 is India’s second-largest retailer. "Due to households’ hectic lifestyles and the busy schedules of working adults, most consumers in …

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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