Flipkart

Flipkart Private Limited, d/b/a Flipkart is an Indian e-commerce company based in Bengaluru, India. It was founded by Sachin Bansal and Binny Bansal in 2007. The company initially focused on book sales, before expanding into other product categories such as consumer electronics, fashion, and lifestyle products.

Source: flipkart.com

India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
August 18, 2023  |  eCommerce

The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in...

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Kath McLay to Replace Retiring Judith McKenna as Walmart International CEO
Kath McLay to Replace Retiring Judith McKenna as Walmart International CEO
August 16, 2023  |  Walmart

Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the...

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Walmart Pays $1.4 Billion For Tiger Global’s Flipkart Stake
Walmart Pays $1.4 Billion For Tiger Global’s Flipkart Stake
July 31, 2023  |  Walmart

Walmart has reportedly paid $1.4 billion for a larger stake in Indian eCommerce firm Flipkart. The retailer made that purchase in recent days from investment...

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Flipkart Confirms Rollout of Digitally Enabled Personal Loan Offering
Flipkart Confirms Rollout of Digitally Enabled Personal Loan Offering
July 07, 2023  |  Loans

Flipkart has partnered with Axis Bank to launch a digitally enabled personal loan offering. With this personal loan offering, the Indian eCommerce marketplace’s customers can get loan approval...

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Flipkart Expands Banking Plans With Personal Loans Program
Flipkart Expands Banking Plans With Personal Loans Program
July 05, 2023  |  Retail

Walmart’s Flipkart is reportedly entering the lending sector as it battles Amazon for India’s consumers. The eCommerce site has begun offering customers personal loans through...

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Flipkart-Owned Ekart Launches B2B Transportation Solutions Across India
Flipkart-Owned Ekart Launches B2B Transportation Solutions Across India
July 03, 2023  |  Supply Chain

Ekart has launched B2B air and surface transportation solutions for businesses in India. The Flipkart Group-owned supply chain network can now move goods throughout India...

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Amazon Will Invest $26 Billion India by Decade’s End
Amazon Will Invest $26 Billion India by Decade’s End
June 25, 2023  |  Amazon Investments

Amazon intends to invest $26 billion in India by 2030 amid increasing competition with Walmart. As Reuters reported Saturday (June 24), the company made that announcement after CEO Andy Jassy met...

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Walmart CFO: India’s Flipkart and PhonePe Could Be Worth $100 Billion
Walmart CFO: India’s Flipkart and PhonePe Could Be Worth $100 Billion
June 15, 2023  |  Walmart

Could Walmart’s Indian eCommerce and payments operations become $100 billion businesses? The retailer’s chief financial officer seems to think so, Reuters reported Wednesday (June 14)....

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Walmart-Owned Flipkart’s Shopsy App Tops 175 Million Downloads in India
Walmart-Owned Flipkart’s Shopsy App Tops 175 Million Downloads in India
June 08, 2023  |  Mobile Applications

Walmart-owned Flipkart Group’s Shopsy app is growing both in numbers and geographically across India. The eCommerce app for discounted resale products has tripled its number...

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