Flipkart

With the peak festival close on heels, Snapdeal has also announced its plans to disburse collateral free loans worth Rs 1000 crores for its sellers to enable them to stock up for the Diwali spike. The festive season loans would...

Even as Indian consumers ready for festivities - which kick off in August starting with Onam (the Malayali harvest festival) and peak on big days including Diwali, Christmas, and New Year’s Day – e-commerce players are preparing for different ways to woo customers. If the...

Myntra, a Flipkart Group company, has recently announced the appointment of Manohar Kamath as head of ‘Myntra Fashion Brands’ (MFB). A seasoned leader in the fashion and retail industry with over 25 years of experience, Kamath will take over from...

E-commerce major, Flipkart has emerged as the ‘E-commerce Company of the Year’ in a nationwide consumer study conducted by BW BusinessWorld Group in association with Nielsen. While Flipkart won seven awards, Myntra and Jabong got one award each, crowning Flipkart...

India's e-commerce companies on Tuesday met the empowered committee of state finance ministers and asked that they be kept out the ambit of the proposed Goods and Services Tax (GST). However, the state finance ministers committee did not appear to be in a mood...

Jabong's former CEO & Managing Director, Sanjeev Mohanty, has joined Levi Strauss & Co. as Managing Director of the firm’s South Asia operations. He is credited with building Benetton into the largest foreign fashion brand in the country during his 11-year stint with them. Mohanty...

The rapidly expanding e-commerce companies have made a strong case for keeping them out of the proposed GST net but the state finance ministers appeared in no mood to oblige. According to a PTI report: At the first meeting of...

Mobile payments start-up PhonePe Internet Pvt. Ltd, owned by Flipkart, in partnership with private lender Yes Bank has recently launched unified payments interface (UPI) based payments app. PhonePe allows users to link their bank accounts securely to their smartphone using...

One97 Communications, which runs mobile payment and e-commerce platform Paytm, is in advanced talks to raise fresh funding of about Rs 2,000 crore ($300 million) as the company gears up to launch the payments bank and aims to boost...

Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months. Morgan Stanley...