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Flipkart valuation declines by over Rs 41,000 crore in two years

The valuation of the e-commerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the...

Flipkart launches fourth grocery fulfilment centre in Bengal

West Bengal Agriculture Minister Sobhandeb Chattopadhyay welcomed the decision of Flipkart to launch its fourth grocery fulfilment centre New Delhi: E-commerce...

Flipkart’ Big Billion Days drives Walmart’s international sales in Q4 FY 2024

Walmart operates approximately 10,500 stores and clubs in 19 countries and e-commerce websites New Delhi: The US retail giant Walmart's international...

Cost structure of logistics biggest challenge for e-commerce: Flipkart CEO

The e-commerce company has plans to transition its delivery fleet to electric vehicles by 2030 New Delhi: E-commerce in India is...

Flipkart to roll out same day delivery

The initiative is getting rolled out starting February 2024 Bengaluru: Bengaluru-based e-commerce marketplace Flipkart is gearing UP to roll out same day...

Binny Bansal quits Flipkart board

The development comes after around six months of Bansal selling an entire stake in the company New Delhi: E-commerce major Flipkart...

Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform

Flipkart's user base grew 21% year-on-year (Y-o-Y), Meesho accelerated at 32% while Amazon lagged at 13% user growth New Delhi: Walmart...

Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400 New Delhi: On-demand convenience platform Swiggy and Walmart-owned...

Meesho outperforms Amazon, Flipkart, Myntra during festive sale

Meesho surpassed competitors in several metrics such as transacting users, open rates and install penetration New Delhi: E-commerce platform Meesho has...

Flipkart gets $600 mn from Walmart at around 5-10% higher valuation

The last disclosed valuation was $37.6 billion or Rs 2.79 lakh crore when it raised $3.6 billion or about Rs...

Latest News

Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India  Bengaluru: Kids’ furniture brand Smartsters has launched its...