Flipkart

Flipkart readies plans to list in US but reaching profit threshold is key challenge

Flipkart group CEO Kalyan Krishnamurthy held discussions with senior leadership team on the IPO timeline earlier this month.

Jun 25, 2019

Binny Bansal sells Flipkart stake worth Rs 531 crore to Walmart

Sachin Bansal, the co-founder of Flipkart, has sold all his shares to Walmart for $800 million to $1 billion.

Jun 24, 2019

Why is Flipkart bridging the gap between sellers and financial institutions?

The motto of the company is to invest in creating sellers from the six crore MSMEs across the country.

Jun 21, 2019

E-commerce policy confusion: Tech giants put their investment plans on hold

The industry raised its concerns over the draft policy released in February especially on the data-localisation which eventually would raise the operating cost of the e-commerce companies.

May 19, 2019

Walmarts' profit erodes amid investment in Flipkart

Walmart's International operating income tanked 38% in constant currency terms and 42% on a reported basis.

May 18, 2019

Flipkart employees get $100 million ESOP bonanza

Flipkart's ESOP disbursal over a three-year period is aimed to retain its employees.

May 10, 2019

Alibaba's AI tool can write thousands of ad copies per second

Why is China's Alibaba looking at investing in smaller Indian companies?

Jack Ma-led giant's shift of strategy to investments in smaller verticals may help it catch up with Chinese rival Tencent

May 8, 2019

CureFit raises $75 million as valuation tops $500 million

At this pace of investment, CureFit is expected to join the Unicorn club by mid-2020.

May 7, 2019

BigBasket becomes latest entrant in Unicorn club, expects profitability in 6-8 months

Only four per cent of the country's grocery spending's happened online which is on a lower side in comparison to other retail categories.

May 7, 2019

Flipkart's mega logistics investment to generate 50,000 jobs

The logistic parks will act as freight aggregation and distribution hub, and leverage technology for an intelligent transport system.

Apr 24, 2019

Scrapping India's trade privileges could hit US consumers: Senators

India is the world's largest beneficiary of the GSP, dating from the 1970s, but trade ties with the US have widened over what Trump calls its high tariffs and concerns over New Delhi's e-commerce policies.

Apr 14, 2019

fintech, fintech startups, global startups, global fintech funding, asian fintech, indian fintech, paytm, freecharge

Sluggish beginning for startups in 2019, funding down by 25 percent

As per startup data platform, Tracxn, Jan-Mar quarter of the calendar year (CY) 2019 has witnessed a drop in total deal value from $3.2 billion to $2.4 billion, which is 25% less than the preceding quarter (Oct-Dec 2018).

Apr 3, 2019

Samsung set to launch gorgeous crimson Galaxy A30 on Flipkart this week

Samsung's new Galaxy A30 red variant will be available in 4GB RAM and 64GB storage configuration.

Apr 1, 2019

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

Mar 28, 2019

Flipkart introduces robots in Bengaluru workspace; do humans have reason to worry?

The robots, also known as automated guided vehicles (AGVs), have been designed to carry small products place them in their designated area.

Mar 20, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's e-commerce foray: Shoppers hope for high-volt Diwali fireworks

E-commerce industry relishes the prospect of intense competition with Reliance Retail's entry into the market space already lit up by the intense rivalry between Amazon and Flipkart.

Mar 7, 2019

Xiaomi Redmi Note 7 to go on sale in India: Key features you should know

Xiaomi's new Redmi Note 7 will be available for sale on Flipkart, Mi.com and Mi Home this afternoon.

Mar 6, 2019

Redmi Note 7: Here're 5 reasons to buy the upcoming Xiaomi budget phone

Xiaomi Redmi Note 7 comes in two variants-- 3GB RAM + 32GB storage and 4GB RAM + 64GB storage--for Rs 9,999 and Rs 11,999, respectively.

Mar 3, 2019

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans.

Mar 1, 2019

India to keep off WTO talks on global regime for e-commerce

New Delhi treads a cautious path despite surprise Beijing turnaround; indigenous e-commerce policy targets data security by localization of storage

Feb 25, 2019

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