INDIA – The ecommerce company, Flipkart has announced a new fund to support growth and development of early stage startups…
Read MoreFlipkart launches fund to support early stage startups in India
Tag: Flipkart
Flipkart CEO Binny Bansal resigns after personal misconduct investigation
INDIA – Walmart owned Flipkart’s Chief Executive Officer (CEO), Binny Bansal has resigned from the company following an investigation into…
Read MoreNestle launches noodles brand Maggi on Flipkart’s ecommerce platform in India
ASIA – Nestle India has launched its new Maggi Special Masala Noodles on Walmart-owned online platform Flipkart, solely available via…
Read MoreOnline grocery firm Grofers expects US$356m in revenue in 2019 on new additions
ASIA – Indian grocery delivery service Grofers said it expects over US$356.93 million in revenues for the year 2019 based…
Read MoreCompetition Commission of India clears Walmart’s US$16bn Flipkart acquisition
INDIA- The Indian regulator has approved Walmart’s US$16 billion acquisition of India’s largest e-commerce firm Flipkart, its biggest takeover ever…
Read MoreFlipkart to close eBay.in as it plans to relaunch a new platform in India
INDIA – Flipkart, the Bengaluru based ecommerce company will from August 2018 shut down eBay.in, a business-to-consumer platform it had…
Read MoreOnline grocery service Grofers to enter FMCG segment targeting US$364m in sales
INDIA – The Indian online grocery delivery service, Grofers has entered the fast moving consumer goods segment (FMCG) with a…
Read MoreWalmart’s revenue beat forecasts reaping big on online sales
USA – The American retail giant, Walmart’s revenue rose almost 2% higher than the forecasts to US$122.69 billion boosted by…
Read MoreNaspers to advance investments in SA’s rapidly growing food delivery market
SOUTH AFRICA – The South African tech and ecommerce giant Naspers Ltd has declared interest to ramp-up investments in South…
Read MoreWalmart acquires Flipkart for US $16b in one of the largest-ever ecommerce deals
INDIA – Walmart Inc. on has announced its high profile acquisition of Flipkart for US$16 billion for a valuation of…
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