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

Flipkart To Acquire Walmart’s India Wholesale Business
Flipkart To Acquire Walmart’s India Wholesale Business
July 23, 2020  |  Partnerships / Acquisitions

Wal-Mart India Private Limited, which operates the Best Price wholesale business in India, will be acquired in its entirety by Flipkart Group. The stores operate...

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Flipkart Debuts Partial Payments To Reduce Cancellations, Returns
Flipkart Debuts Partial Payments To Reduce Cancellations, Returns
July 16, 2020  |  eCommerce

Flipkart has launched a payment method that lets customers pay for a portion of a product upfront and the rest on delivery, Business Standard reported....

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Today In Payments: BigCommerce Eyes IPO; Biggest Banks Brace For Loan Losses
Today In Payments: BigCommerce Eyes IPO; Biggest Banks Brace For Loan Losses
July 15, 2020  |  News

In today’s top news, BigCommerce filed for an IPO, and the country’s largest banks have set aside almost $30 billion to cover COVID-19-related losses. Plus,...

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Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors
Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors
July 14, 2020  |  Investments

Flipkart Group raised $1.2 billion in a recent funding round led by Walmart, the company’s majority owner. The investment values Flipkart at $24.9 billion, the...

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Flipkart Extends Reach Into India’s eCommerce Fashion Market
Flipkart Extends Reach Into India’s eCommerce Fashion Market
July 09, 2020  |  eCommerce

Flipkart, the now Walmart-owned Indian eCommerce company, has snapped up a stake in a newly-launched fashion brand aimed at Indian youth. Flipkart said in a...

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Amazon Adds 35 Cities To Its Flex Delivery In India
Amazon Adds 35 Cities To Its Flex Delivery In India
June 18, 2020  |  Amazon Delivery

 Amazon India has expanded its Amazon Flex delivery network to 35 cities across the country, The Hindu reported. The delivery service was started last year...

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Flipkart Rolls Out Multilingual AI Voice Tool
Flipkart Rolls Out Multilingual AI Voice Tool
June 09, 2020  |  Voice Activation

Flipkart, Walmart’s supermart online grocery store in India, has introduced a voice assistant that allows users to buy products in multiple languages, starting with Hindi...

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Walmart’s Flipkart To Appeal Rejection Of Indian Retail License
Walmart’s Flipkart To Appeal Rejection Of Indian Retail License
June 01, 2020  |  International

Behemoth U.S.-based companies continue to encounter pushback from foreign business groups and governments against their expansion plans. This time around, the Indian government has rejected...

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India Reopens Some Areas To Nonessential eCommerce, Ride-Hailing
India Reopens Some Areas To Nonessential eCommerce, Ride-Hailing
May 04, 2020  |  International

India’s Ministry of Home Affairs has given the green light to Amazon, Flipkart, Ola, Uber and others to resume their services in some parts of...

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