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E-commerce major Flipkart co-founder Binny Bansal resigns from board

E-commerce major Flipkart co-founder Binny Bansal resigns from board

Sun, Jan 28, 2024

"I am proud of the Flipkart Group's achievements over the past 16 years. Flipkart is in a robust position, with a strong leadership team and a clear path forward, and with this confidence, I have decided to step aside, knowing the company is in capable hands. I wish the team the best as they continue to transform experiences for customers, and I remain a strong supporter of the business," Bansal said.

Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform: Bernstein

Flipkart leads e-commerce market with 48% share, Meesho fastest growing platform: Bernstein

Fri, Jan 26, 2024

According to the report, Flipkart's user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers.

Nothing Phone (2) price drop alert! Check offers and discounts

Nothing Phone (2) price drop alert! Check offers and discounts

Sat, Jan 13, 2024

Flipkart Republic Day Sale 2024: Packed with the Snapdragon 8+ Gen 1 Mobile Platform and 4700 mAh battery, Nothing Phone (2) delivers a fast performance.

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Flipkart Vs Amazon: What's in cart for discount-seekers?

Flipkart Vs Amazon: What's in cart for discount-seekers?

Tue, Apr 11, 2017

The sale of eBay's India business to Flipkart means further consolidation in the e-commerce market and the growing dominance of the No 1 e-commerce company in India.

Microsoft to invest in Flipkart

Microsoft to invest in Flipkart

Tue, Apr 11, 2017

Microsoft to invest in Flipkart. Watch the full segment for more details.

Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal

Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal

Tue, Apr 11, 2017

Flipkart on Monday raised $500 million from eBay as it invested in the company and sold its Indian unit to the Indian e-commerce company.

eBay invests $500 million in Flipkart; sells its India unit

eBay invests $500 million in Flipkart; sells its India unit

Mon, Apr 10, 2017

Global marketplace giant eBay has invested $500 million in Indian e-commerce giant Flipkart. Ebay has backed Flipkart with an investment of $500 million for it to battle Amazon in India, according to a Reuters report. In addition eBay will sell its business to Flipkart.

Snapdeal employees may get salary increments of over 20% this year

Snapdeal employees may get salary increments of over 20% this year

Mon, Apr 10, 2017

What is bigger news for Snapdeal employees is that the letter mentioned that the overall increments this year will be higher than those offered last year.

Snapdeal founders send letter to employees assuring job safety, appraisals

Snapdeal founders send letter to employees assuring job safety, appraisals

Sun, Apr 09, 2017

The letter to employees comes after reports of investors plans to sell Snapdeal's to Flipkart and the fate of the staff.

Vivo to sell limited edition V5Plus IPL smartphone on Flipkart at Rs 25,990

Vivo to sell limited edition V5Plus IPL smartphone on Flipkart at Rs 25,990

Sun, Apr 09, 2017

The matte Black V5Plus limited edition phone that sports an 18-carat VIVO IPL logo engraved at the back.

Why fate of Snapdeal's employees is a big question if sale to Flipkart goes through

Why fate of Snapdeal's employees is a big question if sale to Flipkart goes through

Sun, Apr 09, 2017

Acquisition of start-ups have been followed up with layoffs over the last few years. Will Snapdeal's 2,500 employees suffer the same fate?

Weekend Online Deals: Flipkart, Amazon offers heavy discounts on ACs, refrigerators, others

Weekend Online Deals: Flipkart, Amazon offers heavy discounts on ACs, refrigerators, others

Fri, Apr 07, 2017

Flipkart and Amazon India have started their three-day sale on electronics products starting from April 7 this week and ending on April 9.

HDFC Bank introduces UPI platform on Chillr; likely to benefit 44 banks' customers

HDFC Bank introduces UPI platform on Chillr; likely to benefit 44 banks' customers

Fri, Apr 07, 2017

HDFC Bank on Friday announced the launch of Unified Payments Interface (UPI) on its multi-bank mobile payments banking app Chillr in Mumbai.

Amazon India sets up 7 new warehouses to cater large appliances, furniture category; to hire 1,200 people

Amazon India sets up 7 new warehouses to cater large appliances, furniture category; to hire 1,200 people

Wed, Apr 05, 2017

Amazon India said on Wednesday that it has set up seven new warehouses (Fulfilment Centres or FCs) to cater exclusively to its large appliances and furniture category that will create 1,200 new jobs.

SoftBank preps Snapdeal for sale, looks to buy Kalaari, Nexus stakes - reports

SoftBank preps Snapdeal for sale, looks to buy Kalaari, Nexus stakes - reports

Wed, Apr 05, 2017

Such a move would allow SoftBank, which owns more than a 30 percent stake in Snapdeal, to consolidate its ownership position and put it in the driver`s seat to negotiate any deal.

Under pressure, Snapdeal woos staff with promises of profit

Under pressure, Snapdeal woos staff with promises of profit

Tue, Apr 04, 2017

Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.

Digital transactions: Is UPI finally making the right bet to grow?

Digital transactions: Is UPI finally making the right bet to grow?

Tue, Apr 04, 2017

Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.

Get Moto G5 Plus for just Rs 999 on Flipkart today! Here's how

Get Moto G5 Plus for just Rs 999 on Flipkart today! Here's how

Tue, Apr 04, 2017

Not be undone by its rival e-commerce company, Flipkart is offering Rs 16,000 off on its exchange offer.

Moto G5 set for launch in India today; here are the specs, expected price

Moto G5 set for launch in India today; here are the specs, expected price

Tue, Apr 04, 2017

The Moto G5 is expected to be offered at a much lower price point and is expected to be pitted against Xiaomi's Redmi Note 4.

Here are key features of Kotak Mahindra Bank's mobile app '811'

Here are key features of Kotak Mahindra Bank's mobile app '811'

Wed, Mar 29, 2017

Kotak Mahindra Bank on Wednessay launched full-service digital banking mobile app '811' which offers a zero balance savings account with zero charges for all digital transactions and customers can earn up to 6% interest per annum on their savings account balances.

Will e-commerce companies' brick and mortar bet pay off?

Will e-commerce companies' brick and mortar bet pay off?

Fri, Mar 24, 2017

E-commerce companies are now looking to go offline with GST coming in soon to get the price advantage.

Amazon to buy Middle Eastern online retailer Souq.com - sources

Amazon to buy Middle Eastern online retailer Souq.com - sources

Thu, Mar 23, 2017

For Amazon, Souq.com offers expertise and a foothold in a region where e-commerce is expanding quickly thanks to a young and tech-savvy population. Kuwait, Saudi Arabia and the United Arab Emirates are among the top markets worldwide for mobile phone penetration.

Flipkart to start sale on electronics & mobile phones starting today; here are top offers

Flipkart to start sale on electronics & mobile phones starting today; here are top offers

Wed, Mar 22, 2017

Flipkart will begin its 'The Flipkart Electronics Sale' starting Wednesday this week which will have attractive offers on electronics and mobile phones.

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