Flipkart

Flipkart Private Limited, d/b/a Flipkart is an Indian e-commerce company based in Bengaluru, India. It was founded by Sachin Bansal and Binny Bansal in 2007. The company initially focused on book sales, before expanding into other product categories such as consumer electronics, fashion, and lifestyle products.

(source: flipkart.com)

Flipkart To Make Food Retail Play With FarmerMart
Flipkart To Make Food Retail Play With FarmerMart
October 15, 2019  |  Retail

Flipkart is reportedly gearing up for the rollout of FarmerMart, a food business that would sell packaged food and locally produced products. While it’s not yet...

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Walmart Looks To Split PhonePe, Flipkart
Walmart Looks To Split PhonePe, Flipkart
October 11, 2019  |  Retail

Global retail giant Walmart has plans to spin off India’s PhonePe from Flipkart and create a separate entity, the Economic Times reported on Friday (Oct....

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Apps And Alternative Finance Gain FinTech Investor Favor In India
Apps And Alternative Finance Gain FinTech Investor Favor In India
October 08, 2019  |  Investments

Three months to go, more or less. In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India...

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Flipkart Sees 50 Pct. New Customer Growth During Big Billion Days
Flipkart Sees 50 Pct. New Customer Growth During Big Billion Days
October 04, 2019  |  eCommerce

Flipkart, India’s largest eCommerce site, registered 50 percent growth in new users during its Big Billion Days sale, according to reports.  The company saw 70...

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India’s Festive Season Starts Strong For Flipkart, Amazon
India’s Festive Season Starts Strong For Flipkart, Amazon
October 01, 2019  |  Amazon

Both Amazon and Flipkart announced record sales on the opening day of their annual festive season sales in India. The sales launched on Saturday (Sept....

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India Traders Oppose Amazon’s Festival Sales
India Traders Oppose Amazon’s Festival Sales
September 13, 2019  |  International

One of India’s largest trading bodies, the Confederation of All India Traders (CAIT), has asked the government to ban Amazon and Flipkart from offering sales...

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PhonePe’s $7B Valuation Drives Walmart Shares To All-Time High
PhonePe’s $7B Valuation Drives Walmart Shares To All-Time High
September 06, 2019  |  Investments

The payment arm of Flipkart, PhonePe, has been valued at $7 billion by Morgan Stanley, according to reports. The news is good for Walmart, which...

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Report: YTD India FinTech Investments Top $722M
Report: YTD India FinTech Investments Top $722M
August 23, 2019  |  Fintech Investments

Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two...

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Walmart’s Flipkart Launches Free Video Streaming Service In India
Walmart’s Flipkart Launches Free Video Streaming Service In India
August 06, 2019  |  eCommerce

Walmart-owned eCommerce firm Flipkart is introducing a Hindi version of its app that will include free videos as well as other tech perks, like premium...

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