Flipkart opens second data centre in India

Shweta Sharma

Flipkart has announced the launch of a data centre in Hyderabad and an investment in Telangana to strengthen the technology ....

23 April, 2019

Flipkart testing video-based KYC solution to launch customer lending

Binu Paul

Homegrown e-commerce giant Flipkart is preparing a video-based Know Your Customer (KYC) solution to offer instant credit to its ....

8 April, 2019
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Flipkart floats $60-100 mn fund to invest in early-stage startups

Joseph Rai

Homegrown e-commerce giant Flipkart, one of the storied companies built through venture capital funding till its acquisition by ....

27 March, 2019

Flipkart sets up fund for early-stage bets; PharmEasy, Drivezy may raise capital

Vijayakumar Pitchiah

Walmart-owned homegrown e-commerce major Flipkart has set up an internal fund for its early stage investments, a report in a financial ....

25 March, 2019

PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019

Flipkart automates sorting operations at Bengaluru facility

Payal Ganguly

Walmart-backed online marketplace Flipkart announced a large-scale deployment of robot-based sortation technology at its Soukya ....

20 March, 2019
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Criteo's India MD on competing with Google and Facebook, focus areas and more

Anand J

French advertisement-technology company Criteo is among the few companies that have been able to take on the might of Google and ....

13 March, 2019

Flipkart to charge higher commission from apparel vendors

Payal Ganguly

Online retailer Flipkart has increased the commission it charges sellers of apparel and accessories on its platform in a move ....

4 March, 2019

Reliance acquiring majority stakes in Grab, C-Square to boost hybrid commerce biz

Vijayakumar Pitchiah

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery ....

4 March, 2019

Flipkart losses widen five times on finance costs from down-round

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart’s losses widened five times chiefly on account of finance costs from a down-round even ....

26 February, 2019
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Walmart 'disappointed' with FDI norms for e-commerce but confident about Flipkart

Payal Ganguly

Walmart’s honeymoon with Flipkart is far from over as the US-headquartered retail giant said that the cost of complying ....

20 February, 2019

Flipkart co-founder Sachin Bansal invests $92 mn in Ola

Binu Paul

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing ....

19 February, 2019

Technology to help us automate decision-making, remove human discretion: Kishore Biyani

Anand J

Future Group's Kishore Biyani has been a vocal critic of the Indian e-commerce sector, which is dominated by discounts and ....

18 February, 2019

BigBasket to become unicorn with fresh $150 mn funding: Report

Vijayakumar Pitchiah

SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising up to $150 million (Rs 1,070.20 crore) in ....

8 February, 2019

Flipkart CEO dismisses Morgan Stanley warning on likely Walmart exit

Kavya Kothiyal

Flipkart has refuted brokerage firm Morgan Stanley's warning that Walmart Inc. may exit the Indian company because of the ....

6 February, 2019

In numbers: Can Flipkart, Amazon sustain growth momentum after policy tweaks?

Vijayakumar Pitchiah

The underlying theme of India’s decision to revise the rules for foreign direct investment (FDI) in e-commerce was to force ....

5 February, 2019

Govt sticks to Feb 1 deadline for new e-commerce rules

Payal Ganguly & Binu Paul

The Department of Industrial Policy and Promotion (DIPP) said on Thursday it will not extend the February 1 deadline for new rules ....

31 January, 2019

Paytm Mall not bowing out of e-commerce race, says Vijay Shekhar Sharma

Vijayakumar Pitchiah

Paytm founder and chief executive Vijay Shekhar Sharma has dismissed reports that the company plans to scale down Paytm Mall, ....

25 January, 2019

US govt concerned about impact of India's new e-commerce rules on Amazon, Walmart

Reuters

The United States government is concerned about India's revised e-commerce regulations and has told officials in New ....

24 January, 2019

India's e-commerce curbs could hit online sales by $46 bn: PwC

Reuters

India’s new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and ....

17 January, 2019

Myntra CEO Ananth Narayanan steps down, Amar Nagaram takes over

Binu Paul

Ananth Narayanan has quit as the chief executive of Flipkart-owned fashion e-tailers Myntra and Jabong, ending months of speculation. Narayanan ....

14 January, 2019