The firm now aims for a US listing in 2023 instead of this year, say sources. This would be the biggest consumer tech IPO in India
The main reason for waiting for the IPO is due to Flipkart's internal plan to boost valuations further.
The tech platform Flipkart enables access to genuine medicines and healthcare products, and services for millions of customers across the country.
Aims to positively impact 20 million lives directly and indirectly over the next decade
The card covers 18,000-plus pin codes, with nearly a million cards issued in under a year owing to the increase in online adoption and digital transactions
The card covers 18,000-plus pin codes, with nearly a million cards issued in under a year owing to the increase in online adoption and digital transactions
Jhaveri also served as CEO of MediBuddy, and chief business officer for Medi Assist Group in earlier stints
The company has launched its third grocery fulfilment centre in Amta in West Bengal's Howrah district to meet the growing demand in the eastern region
The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP)
American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India
According to netizens, the message reinforced negative stereotypes about women belonging in the kitchen
Flipkart will make its data platform more efficient by deploying Google Cloud's advanced data analytics and machine learning technologies
The company provides software for financial technologies, including point of sales solutions, billing, loyalty solutions etc and sells solutions directly to enterprises like Amazon, Flipkart, Airtel
Flipkart is deepening ties in social commerce, machine translation, search and natural language processing with top institutes in the country as it aims to tap next 200 million users.
Move seen helping Walmart-owned Flipkart take on rivals Amazon, Reliance's JioMart and Tata-backed BigBasket to tap grocery market which is expected to be worth $850 bn by 2025
CAIT which represents 70 million traders, said it is learnt that CCI has transferred midway, the officer who was investigating Amazon, which has irked the country's business community
Rival company Amazon India's 'Great Republic Day Sale' started from midnight on January 17 with offers until 11:59 pm on January 20.
Designed to cater to startup needs across stages, the two programmes will support enterprises through insights, mentorship and funding, and helping them scale and build disruptive innovations
Incorporated in 2013, Yaantra is a leading brand that repairs and sells refurbished consumer tech products such as smartphones and laptops
This is the company's second ESOP buyback. Ninjacart had its first buyback in 2019