Flipkart acquires 7.8% stake in Aditya Birla Fashion for $204 Million
Flipkart acquire a 7.8 percent stake in Aditya Birla Fashion and Retail for approx $204 million as it taps into the offline retail.
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Flipkart Launch hyperlocal service ”Flipkart Quick”
eCommerce company Flipkart announced the launch of its hyperlocal delivery service ”Flipkart Quick”.
Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August
Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India.
E-commerce Firm Flipkart Invests $35 Million in Arvind Fashion
Flipkart Group invested $35 million in Arvind Fashions to lead in clothing brands in Indian eCommerce space.
Former Flipkart Cofounder Sachin Bansal Acquire DHFL General Insurance
Sachin Bansal company acquire DHFL General Insurance Ltd for 100 crores Indian rupees.
Logistics Platform Shadowfax Raises $60 Million from Flipkart & Others
Walmart owned Flipkart has led a $60 million Series D investment round in logistics platform Shadowfax.
Flipkart Registered $540 Million Loss in 2018-19
Flipkart India registered a higher loss of $540 Million during 2018-19 as compared to the previous financial year.
Flipkart Cofounder Invest $100 Million in Indian Fintech Firm, Becomes CEO
Sachin Bansal, the co-founder of India’s leading eCommerce firm Flipkart invests $100 million in fintech firm CRIDS.
Walmart owned Flipkart will Launch its own Video Streaming Platform
Flipkart E-commerce giant in talks with creators and licensors for ad-supported video service, which will be available within its app.
Flipkart Launched offline Furniture Store in Bengaluru
Flipkart forays into the offline space with its decision to set up the first Furniture Experience Centre in Bengaluru.
Flipkart CEO Predicts this Indian State could be the first trillion-dollar state economy
Walmart owned Flipkart CEO Kalyan Krishnamurthy said to Pixr8 News that the second Ground Breaking Ceremony will help Indian state Uttar Pradesh to be the first trillion-dollar state economy.
Not IPO, driving e-commerce growth in India is Prime Focus: Flipkart
India’s leading ecommerce website Flipkart clarified that driving e-commerce growth in India is prime focus, not IPO.