flipkart
Flipkart completes relocation of holding company from Singapore to India ahead of IPO plans
Flipkart has completed a major corporate restructuring by shifting its holding company domicile from Singapore back to India. The move, often described in the business ecosystem as a…
Flipkart moves headquarters back to India ahead of IPO
Flipkart is now returning home. The Indian e-commerce company, majority-owned by Walmart, has announced plans to move its headquarters back to India from Singapore. This decision seems to…
Flipkart hires Dunzo co-founder to head quick commerce arm
Confirming what had been reported earlier this week, Flipkart has hired the last remaining co-founder at Dunzo — Kabeer Biswas — to head quick commerce for the Walmart-owned…
India competition regulator approaches Supreme Court to accelerate Amazon, Flipkart antitrust cases
India’s Competition Commission of India (CCI) has approached the Supreme Court to break the legal impasse surrounding its ongoing investigation into alleged anti-competitive practices by Amazon and Flipkart.…
Flipkart reportedly eyes IPO in next 12-15 months
E-commerce major Flipkart is now advancing toward a long-awaited initial public offering (IPO). A new Economic Times report cited sources familiar with the matter, stating that the Walmart-owned…
Flipkart’s attempt to acquire majority stake in Zepto hits a roadblock: Report
Flipkart, which has been attempting a quick commerce venture for a while, might well not be able to do it via acquisition. According to a latest Economic Times report,…
Flipkart to roll out quick commerce service in coming months: Report
Walmart-owned Flipkart, one of India’s largest ecommerce players, is (once again) preparing to enter the quick-commerce arena. Not that it hasn’t tried hand at that before, but it…
Walmart pumps $600Mn in Flipkart as part of $1Bn fundraise
Flipkart, the now Walmart owned Indian e-commerce giant, has reportedly moved closer to its aim of securing a substantial $1 billion in a fresh fundraise. Walmart itself has…
Flipkart could invest $15-20Mn in its new credit marketplace, spin off as a new entity
Walmart-owned Flipkart has been doubling down on developing its own offerings in the digital payments and finance sectors. In this vein, it has already made some headway in…
Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%
In a strategic move, American retail giant Walmart revealed that it has spent a total of $3.5 billion over the first six months of this year in order…
PhonePe lands another $100Mn as a part of its $12Bn valued ongoing round
Indian fintech major PhonePe has secured an additional $100 million in primary capital as part of an ongoing round. The fintech company announced on Tuesday that it nabbed…
Flipkart launches Flipverse, a metaverse space for customers to shop and interact with brands
The metaverse is coming to you, and closer than you think. Starting Monday October 17, Flipkart has launched its own metaverse offering – Flipverse – to provide a…
Amazon launches Smart Commerce to digitise small stores across India
Amazon's goals for India have been well on pace for timely completion. India has already accounted for $5 Billion in exports via Amazon, and is on pace to reach $20 billion by the year 2025.
Amid quick commerce chaos, Flipkart reduces grocery delivery time for ‘Flipkart Quick’ to a sane, 45 minutes
The pandemic has seen quick commerce take off like a rocket as a vast majority have preferred to shop groceries online. This has added a new dimension to…
Flipkart and Walmart pump in $145 million in agritech upstart Ninjacart
For the third time, e-commerce behemoth Flipkart has invested in Ninjakart, the agritech startup, after it (along with its parent company Walmart) pumped in $145 million on Monday…
Flipkart launches new programme ‘Flipkart Boost’ to help emerging D2C startups
Flipkart is one of the biggest firms in India without a shred of doubt, and as it is nearing an IPO, it is ready to help other, more…
SC dismissed Amazon, Flipkart’s pleas of halting CCI probe
The fact that nobody, even leaders of the e-commerce sector, is above the law, has been reiterated once again as Amazon and Flipkart’s pleas of having the probe…
Flipkart, founders reportedly issued show-cause notice against a $1.35Bn fine over breach of India’s foreign exchange rules
We are halfway through 2021 and still, things have not improved for US-based firms in the world’s second-largest internet market. Not only did CCI receive the nod to…
Flipkart raises $3.6Bn at a $37.6Bn valuation as it preps for an early 2022 IPO
While 2020 was the year of aggressive growth, 2021 has been the year for rising valuations and huge public listings for the Indian startup culture, where the biggest…
Flipkart launches Shopsy, a Shopify like platform to help small businesses go online
Walmart owned Flipkart is trying its hand at building a Shopify of its own, and has launched Shopsy, a platform that will allow small businesses and entrepreneurs to…
Commerce Minister Piyush Goyal slams US e-commerce giants for being “arrogant,” alleges they flouted Indian laws
India is the second-largest internet market in the world and a large market for many global powerhouses, especially US behemoths like Amazon, Flipkart, Apple, and others. But recently,…
