The company plans to introduce checkout financing for direct-to-consumer (D2C) and e-commerce brands
On overall performance, the US-based retail giant said that the company performed well in India
Companies will get financing and business advice from e-commerce giant's leaders
Earlier this week, Bansal stepped away from the CEO post pf the finserv and tech verticals to focus on the group's long-term vision, expansion and M&A efforts
During the sale period, Apple iPad 10th generation model will be available for Rs 28,999, including all offers
Flipkart is set to expand its quick commerce service 'Minutes', aiming for over 500 dark stores by 2025, positioning itself as a strong rival to Blinkit, Zepto, and Swiggy Instamart
Venugopal's exit follows a series of senior-level departures from the Walmart-owned company last year, which has been attributed to a larger organisational restructuring
Effective December 20 last year, Axis Bank has changed the terms and conditions of the Flipkart Axis Bank Credit Card
Medicine e-tailer Sastasundar on Tuesday said that e-commerce giant Flipkart has ended its partnership in the online pharmacy and healthcare space with it. The Kolkata-based entity also said it has reclaimed its brand's intellectual property rights (IPRs). The Walmart-owned Flipkart had acquired a 75 per cent stake in Sastasundar Marketplace in 2021. An e-mail sent to Flipkart on the development did not elicit any response. "The deal with Flipkart is over and we got back all the intellectual property rights of the Sastasundar brand from it. Now, we will launch our app. In 2021, we had sold a 75 per cent stake in Sastasundar Marketplace Ltd for around Rs 750 crore to Flipkart," Sastasundar Group chairman B L Mittal told PTI. This reclaim transaction did not attract any material investment, he said. Holding company Sastasundar Ventures has re-acquired the brand's IPRs and non-compete rights from Flipkart Health+ through its newly-formed subsidiary, Sastasundar Healthtech Ltd, he ..
The next hearing of the case at the Supreme Court has been scheduled for February 14
Oyo, Flipkart and Aditya Birla Group leaders among entrepreneurs who met with Elon Musk and toured his SpaceX base
Biswas' appointment is seen as a strategic move by Flipkart to help it compete with quick commerce players such as Zomato-owned Blinkit, Swiggy Instamart, and Zepto
Flipkart co-founder Sachin Bansal is in talks to sell his $100 million stake in Ola, seeking a $4 billion valuation, as he shifts focus to his fintech venture Navi amid IPO and funding efforts
A single-judge bench of the Karnataka High Court is likely to hear the case on January 15
The order came on a plea filed by the Competition Commission of India, which sought to consolidate all 24 cases pending across various high courts against Amazon and Flipkart
How to use WhatsApp Pay. Flipkart 'Big Bachat Days' sale. One UI 7 to bring Gemini Live on lock screen. OnePlus Watch 3 health features. upcoming iPhone features
The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and CEO Aadit Palicha has asserted. In a LinkedIn post on New Year's Eve, he said Zepto last year announced that 2024 will be the year people realise that quick commerce has the potential to create an Amazon/Flipkart level outcome in India and outlined three key forecasts for the new year. "In 2025, Quick Commerce will actually start hitting a scale where it will become comparable to e-commerce," he wrote. IPO-headed Zepto reported a 120 per cent increase in operating revenue to Rs 4,454 crore in FY24, surpassing competitors like Swiggy's Instamart and Zomato's Blinkit. Emphasising that success in quick commerce will hinge on "exceptional execution", Palicha said it will be challenging for every single player to deliver that level of execution. "In 2025, the fundamentals of Quick Commerce will evolve dramatically. The custom
Flipkart is a stake Walmart has put down in a market where brick-and-mortar foreign retailers face stifling restrictions
The apex court was hearing the plea filed by the CCI, seeking the transfer of 24 writ petitions filed in various high courts challenging its probe into alleged anti-competitive practices
Dabur is expanding its premium portfolio and Total Addressable Market (TAM). The company estimates its existing portfolio, contributes less than 5 per cent of TAM