Page 4 - Flipkart

Quick commerce price war heats up as Amazon, Flipkart enter the fray

With deep-pocketed players entering the quick commerce space, platforms ramp up discounts to attract users, driving up cash burn and delaying paths to profitability

Flipkart CEO joins delivery run as firm scales quick-commerce push

Flipkart expands its Minutes unit with a fresh produce strategy, dark store rollout and tier-2, tier-3 penetration to compete with Blinkit, Zepto, and Swiggy Instamart

CCPA's advisory on dark patterns sent to over 50 online platforms

Platforms including Amazon, Flipkart, Zomato and Paytm asked to eliminate dark patterns and complete self-audits within three months as per 2020 e-commerce rules

Walmart's Flipkart secures RBI approval for direct lending in India

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to Flipkart Finance Private Limited on March 13

E-commerce giant Flipkart offloads 6% stake in ABFRL; sells 73 mn shares

Carlyle Group affiliate firm, C A Dawn Investments, on Wednesday sold its entire 10.20 per cent in Indegene for ₹1,447 crore

Aditya Birla Fashion slips 9%, hits 52-week low after block deal on NSE

Aditya Birla Block Deal: According to reports, Walmart-owned Flipkart investments was considering selling its entire 6 per cent equity stake in ABFRL via secondary equity sale

Flipkart may exit Aditya Birla Fashion through ₹600 crore block deal

Walmart-owned e-commerce firm to offload remaining 6 per cent stake as part of strategic shift; Goldman Sachs managing the transaction

India a huge opportunity in ecommerce: Walmart executive Kathryn McLay

The retail giant is supporting Flipkart's quick-commerce push and applying global best practices to scale digital operations and tap India's booming online retail space

Myntra raises ₹1,062 cr from parent firm in fresh capital infusion

The Flipkart-owned platform eyes growth in Singapore and beyond, posts Rs 30.9 crore profit in FY24, and readies for its flagship sale event starting May 31

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart sees 20-25% customer growth and eyes a 2026 IPO as it shifts legal base to India, boosts AI investment, and strengthens its leadership and product focus

Domicile shift key to aligning with India's economy, rules: Flipkart CEO

Flipkart CEO Kalyan Krishnamurthy highlights growth, AI investment, IPO plans, and the company's legal domicile shift to India to better align with the country's economy and regulations

Flipkart expands quick commerce to tier-2 and tier-3 cities nationwide

Flipkart Minutes aims to scale rapidly to 800 dark stores by year-end, using existing logistics to reach smaller cities and challenge Blinkit, Instamart, and Zepto

E-commerce giants Flipkart, Amazon deepen fashion push in smaller cities

Flipkart's ethnic wear and Amazon's Serve store are driving fashion growth in Tier 2 and 3 cities with rising Gen Z demand and expanding customer bases

Flipkart's Cleartrip appoints Manoj Awasthi as chief technology officer

Flipkart-owned online travel platform Cleartrip on Wednesday announced the appointment of Manoj Awasthi as its Chief Technology Officer, terming it a strategic move to bolster the company's leadership. At Cleartrip, Manoj will lead the tech charter, bringing together engineering, data, and infrastructure to build a more scalable and user-focused platform, it stated. Prior to joining Cleartrip, Manoj served as the Chief Technology & Product Officer at Julo. Ramesh Gururaja, Senior Vice President, Consumer Products & Growth, Flipkart said, "Manoj's appointment is a big step forward in building a future-ready leadership team with strong, cross-functional expertise. His arrival aligns perfectly with our vision of strengthening our tech platform to drive long-term growth and innovation". Manoj Awasthi, Chief Technology Officer, Cleartrip, said, "Over the years, I've led large product and engineering teams and built platforms that serve millions. At Cleartrip, I look forward to ...

Flipkart-backed super.money eyes neo-bank play in India's fintech race

With 175 million UPI transactions, super.money eyes top 5 neo-bank spot by expanding into credit, wealth and insurance while maintaining cashback-led engagement

Govt notice to Amazon, Flipkart over sale of Pakistani flags, merchandise

The government has directed Amazon, Flipkart and others to remove listings of Pakistani flags and related items after CCPA issued notices over violation of national sentiment

Summer Shopping: 43% of Flipkart Minutes users in 25-35 age group

Bangalore, followed by Delhi and Mumbai, records the highest summer shopping activity

Group of senior executives exit IPO-bound Flipkart in recent months

Departures come as Flipkart gears up for a $60-70 billion IPO and expands its quick-commerce play against rivals like Blinkit, Swiggy Instamart, and Zepto

PM Modi lauds IAF in Adampur, Trump visits Saudi, Seniors quit Flipkart & more

PM Modi visited the Adampur Air Base in Punjab today, where he lauded the Indian Air Force’s role in 'Operation Sindoor' and called their actions a source of 'immense pride for the nation.'

Flipkart leadership shake-up: 4 executives exit as IPO pressures intensify

At least four senior Flipkart leaders, including SVP Ankit Jain, have quit amid rising cost pressures, IPO plans, and intensifying rivalry in the quick commerce space