Page 5 - Flipkart

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

CCPA issues notices over illegal walkie-talkie sales on e-commerce sites

CCPA flags sale of walkie-talkies on digital platforms without frequency, licensing, or ETA compliance, calling it a violation of the Consumer Protection Act, 2019

Flipkart VP Ashish Vijayvergiya to launch new startup within company fold

Flipkart's Ashish Vijayvergiya to lead a new internal venture, following the model of earlier in-house startups like PhonePe and super.money

Suzuki Motorcycle India sales rise 14% to 113,000 units in April 2025

Suzuki Motorcycle India Pvt Ltd on Thursday reported a 14 per cent growth in total sales at 1,12,948 units in April 2025, as compared to 99,377 units sold in the same month last year. Domestic sales were at 95,214 units in the month under review, up 8 per cent from 88,067 units sold in April 2024, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. Exports grew 57 per cent at 17,734 units in April 2025, as compared to 11,310 units in the same month last year, it added. During April this year, SMIPL said in a move to enhance customer accessibility, it started online bookings of its products via Flipkart across eight Indian states.

ED seeks Apple, Xiaomi sales records in Amazon, Flipkart investigation

Enforcement Directorate expands Amazon, Flipkart investigation; smartphone brands asked to share online sales contracts and data

Meesho hits $6.2 bn GMV run rate, to grow 26% annually till FY31: CLSA

Meesho's gains come as incumbent players such as Flipkart and Amazon have seen slight declines in market share, according to the CLSA report

Flipkart plans India IPO next year, targets up to $70 billion valuation

The Walmart-owned company has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing

Flipkart board asks CEO to cut costs as monthly cash burn nears $40 million

Flipkart board directs CEO Kalyan Krishnamurthy to halve the company's monthly cash burn from $40 million to $20 million as firm eyes IPO and plans to shift legal base from Singapore to India

US seeks equal ecomm access for Amazon, Walmart in trade talks with India

The Trump administration is pushing India to ease FDI and platform rules that limit foreign ecommerce firms like Amazon to marketplaces, while local players can sell directly and operate freely