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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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Discounts on Google Pixel, iPhone 6, Mi 5, Lenovo K5 on last day of Flipkart's Republic Day sale

Discounts on Google Pixel, iPhone 6, Mi 5, Lenovo K5 on last day of Flipkart's Republic Day sale

Thu, Jan 26, 2017

Some of the big deals on smartphones include Rs 9,000 off on the Apple iPhone 6, Rs 2,590 off on Samsung On Nxt, Rs 2,300 off on Samsung J5-6, Rs 1,000 off on Lenovo K5 Note with 4GB RAM.

Can you buy Google Pixel for Rs 24,000 on Flipkart’s Republic Day sale?

Can you buy Google Pixel for Rs 24,000 on Flipkart’s Republic Day sale?

Wed, Jan 25, 2017

Google’s self-branded Pixel phone that was released in India in October last year had its 32GB variant priced at Rs 57,000, the cheapest in the range.

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Wed, Jan 25, 2017

Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.

Lenovo launches 4GB K6 phone; find out how to buy it

Lenovo launches 4GB K6 phone; find out how to buy it

Wed, Jan 25, 2017

After the success of the Lenovo K6 Power 3GB RAM variant the company announced the launch of a 4GB RAM variant.

Flipkart Republic Day sale: Apple Fest offers smartphones at upto 7% discount

Flipkart Republic Day sale: Apple Fest offers smartphones at upto 7% discount

Tue, Jan 24, 2017

With its Republic Day sale that kicked off at mid-night January 24 along with its 'Apple Fest' for discounts on Apple iPhones, Flipkart has put out attractive offers on its phone range.

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Fri, Jan 20, 2017

After directing ICICI Bank to accept payments from PhonePe app through UPI, it now tells PhonePe it has been going against the guidelines.

First Flipkart and now Zivame: Start-up founders are being relegated thick and fast

First Flipkart and now Zivame: Start-up founders are being relegated thick and fast

Fri, Jan 20, 2017

After Binny Bansal lost operational control of Flipkart, Zivame founder followed in the same direction this week.

Flipkart invests $2 million in parenting social network Tinystep

Flipkart invests $2 million in parenting social network Tinystep

Tue, Jan 17, 2017

Tinystep, a parenting social network platform, on Tuesday said it has received $2 million (Rs 13.31 crore) in funding from e-commerce giant, Flipkart.

PhonePe urges ICICI Bank to give reasons for blocking transactions

PhonePe urges ICICI Bank to give reasons for blocking transactions

Tue, Jan 17, 2017

In August, Flipkart's PhonePe subsidiary had partnered with Yes Bank to introduce unified payment interface (UPI) based mobile payments app.

Lenovo P2 smartphone launched in India at Rs 16,999

Lenovo P2 smartphone launched in India at Rs 16,999

Wed, Jan 11, 2017

Chinese tech giant Lenovo on Wednesday launched P2 smartphone at Rs 16,999 that comes with a massive 5,100mAh battery. Coming in two variants 3GB/32GB and 4GB/32GB, P2 will go on sale on e-tailer Flipkart starting from January 11 midnight.

2017 will be a defining year for Flipkart: Sachin Bansal

2017 will be a defining year for Flipkart: Sachin Bansal

Wed, Jan 11, 2017

The year 2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.

Flipkart: Four valuation markdowns and three CEOs in a year

Flipkart: Four valuation markdowns and three CEOs in a year

Tue, Jan 10, 2017

Nearly a year to the date after co-founder Flipkart, Sachin Bansal was replaced by Binny Bansal as Chief Executive Officer (CEO) there comes another twist in the tale.

Flipkart appoints Kalyan Krishnamurthy as CEO; Binny Bansal to be Group CEO

Flipkart appoints Kalyan Krishnamurthy as CEO; Binny Bansal to be Group CEO

Mon, Jan 09, 2017

Tiger Global is one of the top investors in e-commerce company Flipkart, will now have their executive Kalyan Krishnamurthy as the CEO.

UIMI Technologies launches new U8 power bank for Rs 999

UIMI Technologies launches new U8 power bank for Rs 999

Mon, Jan 09, 2017

Homegrown global brand of power bank UIMI Technologies on Monday launched a new made in India 'UIMI U8' power bank priced at Rs 999. UIMI U8 power bank comes with battery capacity of 15,600 mAh and can charge users device for four to five times, cited the company in a press release.

Flipkart in talks with Google, others for raising $15 billion in funding

Flipkart in talks with Google, others for raising $15 billion in funding

Fri, Jan 06, 2017

E-commerce giant, Flipkart has held talks with Google and other investors for its next round of funding, a report by Factor Daily said on Friday.

End of Reason Sale: Myntra plans to deliver 50 lakh products

End of Reason Sale: Myntra plans to deliver 50 lakh products

Tue, Jan 03, 2017

Myntra's ‘biggest fashion sale of the country' which began on January 3 will last till January 5 and is the fifth edition of Myntra’s ‘End of Reason sale’ and has nearly 3.5 lakh products up for grabs at up to 80% discount.

Jabong targets 5 million shoppers with Myntra’s End of Reason sale

Jabong targets 5 million shoppers with Myntra’s End of Reason sale

Fri, Dec 30, 2016

After its partnership with Myntra, Jabong on Friday said it will be targeting five times sales growth with over five million shoppers on its site.

Year in review: Consumer internet sector slows in 2016

Year in review: Consumer internet sector slows in 2016

Fri, Dec 30, 2016

Indian consumer internet sector comprising of cab aggregator platforms like Ola and Uber along with grocery and fashion e-commerce platforms slowed down in 2016.

Year of consolidation: Top five mergers and acquisitions in Indian businesses in 2016

Year of consolidation: Top five mergers and acquisitions in Indian businesses in 2016

Thu, Dec 29, 2016

From e-commerce space to the energy sector, India Inc 2016 saw a lot of mergers and acquisitions as companies changed gears to consolidate their businesses. Top five deals of the year are as follows: 1. Myntra & Jabong

Flipkart, Amazon to slug it out in fashion in 2017

Flipkart, Amazon to slug it out in fashion in 2017

Thu, Dec 29, 2016

"Amazon, which has been inking partnerships with a number of brands including Arrow, Swarovski and Aeropostale, is planning to introduce more private labels to create a solid identity in the online fashion segment that is largely ruled by Flipkart."

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