Walmart International is approaching Flipkart's expansion cautiously, giving market share and long-term potential precedence above immediate financial gain. Kathryn McLay, president and CEO of Walmart International, stated during the 41st annual strategic decisions conference hosted by Bernstein that the company is dedicated to growing Flipkart in a sustainable
Walmart-owned Flipkart has been going through a significant leadership transition amid ambitions for a public listing. According to reports, at least four executives have resigned from their posts, including three other VPs and a senior vice president (SVP). Anurag Singhvi, VP and head of analytics; Prajakta Kanaglekar, VP and head
The US intends to pressure Prime Minister Narendra Modi's administration for e-commerce fairness in extensive negotiations on a US-India trade deal that will include industries like food and automobiles.
This change is a logical progression that brings Flipkart's holding structure into line with its core business, the enormous potential of the Indian economy, and its capacity to promote digital transformation in India through innovation and technology.
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Every Indian citizen is aware of the e-commerce site called Flipkart. It is a company that has grown rapidly over time, worked its way to the top, and got attention from big names like Walmart, which acquired the company for a whopping $16 billion in 2018. Flipkart is the largest
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Suryakumar Yadav is quickly becoming a household name, and it’s easy to see why. With his incredible talent, hard work, and growing fan base, he’s not just making waves in the sports world but also catching big brands' attention. His fresh, clean image and youthful energy make
Thousands of inferior products were seized during a series of raids on Amazon and Flipkart warehouses on 27 March by the Bureau of Indian Standards' (BIS) Delhi division. The operation, which lasted more than 15 hours, was conducted at a Flipkart subsidiary warehouse in Trinagar and Amazon's
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Binny Bansal's career from college graduate to co-founder of Flipkart demonstrates his business acumen. Binny Bansal co-founded Flipkart, one of India's most successful eCommerce platforms, in 2007 with Sachin Bansal. The Flipkart Group held a 48% market share in the whole online retail industry during the
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The growth of the e-commerce industry impacted the courier business. Due to more shopping in the eCommerce platform courier business is becoming one of the fastest-growing markets in India nowadays. Courier and delivery companies provide various services starting from the online courier and cargo marketplace and finishing with logistics. There
Flipkart Group's UPI application, super.money, has purchased BharatX, a checkout financing platform supported by Y Combinator, for an unknown sum to enhance its current services, particularly in Buy Now Pay Later (BNPL). Checkout financing enables users to purchase things online in installments during the checkout process. In
According to a company advertisement, e-commerce giant Flipkart has changed the name of its grocery division from "Grocery" to "Kilos," with the goal of offering daily necessities at discounted costs. Kilos is displaying extended delivery timeframes for goods comparable to Amazon's Fresh, in contrast
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Nandita, a young girl riding a moped through rough rural tracks, visiting scores of Kirana stores daily to learn about customer needs. That is the same girl who is now a famous leader, driving one of India’s largest fashion e-commerce platforms, Myntra to new heights. Nandita Sinha is a
According to SastaSundar Ventures, which runs digital platforms with a health focus, its collaboration with e-commerce behemoth Flipkart is now finished. B L Mittal, the founder and executive chairman of SastaSundar, told a news agency that SastaSundar Healthbuddy, a division of SastaSundar Ventures, had reclaimed the brand's intellectual
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Every year, January 26th is observed with celebrations and patriotic fervor across the country. India is going to celebrate its 75th Republic Day this year. Republic Day is commemorated with great excitement around the nation. With its start in Delhi's Rajpath and finish at India Gate, the procession
Ambarish Kenghe, a former Google Pay executive, has been appointed as the new group chief executive officer (CEO) of listed online stock broking giant Angel One. Angel One stated in a filing with the exchanges that Kenghe will begin working for the company on March 6, 2025, at the latest.
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Flipkart Fashion has always been more than just an online destination for style enthusiasts. It’s a brand that understands its audience—fashion-savvy Millennials and Gen Z—and consistently finds innovative ways to engage with them. When it comes to blending innovation and relatability, Flipkart Fashion knows how to make
E-commerce giant Flipkart has teamed up with the Department for Promotion of Industry and Internal Trade (DPIIT) to invest in and coach up-and-coming entrepreneurs in the nation in an effort to support the domestic startup ecosystem. Flipkart will support early-stage entrepreneurs through Flipkart Leap and Ventures, its startup accelerator, in
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Sachin Bansal, an Indian entrepreneur and innovator, has carved a unique path in the business world. Known for co-founding Flipkart, India’s major e-commerce platform, and later as the founder of Navi Technologies, his work has reshaped two major industries: retail and financial services. From selling books online to revolutionizing
The purchase of a portion of Flipkart, a Walmart group company, by Alphabet affiliate Shoreline International Holdings LLC has been authorised by the Competition Commission of India (CCI). A wholly owned subsidiary of Alphabet Inc., the parent company of Google, Shoreline International will purchase shares in Flipkart. Â According to the
American retail giant Walmart said on 19 November that its third-quarter foreign sales were boosted by Flipkart's 'Big Billion Days' sales event in India. Walmart, which uses a fiscal year that runs from February to January, recorded sales of $31.5 billion from its overseas division,
With the addition of more than 10,000 electric vehicles (EVs) to its delivery fleet, e-commerce company Flipkart announced that it has reached a significant milestone. This is the outcome of EVs being gradually included in last-mile deliveries over the previous few years. The company announced that, as part of
A few sellers on Amazon and Walmart-owned Flipkart had their premises raided by the Enforcement Directorate (ED) on 7 November 2024 on suspicion of breaking the Prevention of Money Laundering Act (PMLA) and foreign investment standards. 19 locations in New Delhi, Gurugram, Panchkula, Hyderabad, and Bengaluru were searched, according to
From September 1 to October 28, the e-commerce company Flipkart saw 7.2 billion visits overall in terms of customer engagement during this festive season. The company saw a record 282 million unique visitors during that time, largely due to premiums and individualised preferences, particularly in Metros and Tier-2+ cities,
According to court documents viewed by a media house, three online vendors who operate on Flipkart, owned by Walmart, have filed a lawsuit against the Indian antitrust watchdog following an inquiry that discovered violations of competition regulations by both Flipkart and competitor Amazon. According to a media report, antitrust investigations