Nov 28, 2024, at 03:12 am
Bengaluru: A group of e-retailers operating on major platforms like Amazon and Walmart-backed Flipkart argued before the Karnataka High Court (HC) on Wednesday that the investigation by the Competition Commission of India (CCI) into alleged anti-competitive practices exceeds the regulator's statutory authority, media reports said.
Govt to summon Flipkart, Amazon executives over FDI rules violations: Report
Nov 11, 2024, at 10:49 pm
New Delhi/IBNS: The Indian government is set to summon executives from Flipkart and Amazon as part of an expanded investigation into potential violations of foreign investment regulations, according to a report by Reuters.
ED raids multiple locations of top Amazon and Flipkart vendors over alleged FEMA violations: Report
Nov 08, 2024, at 04:44 am
New Delhi: The Enforcement Directorate (ED) carried out multiple searches on Thursday under the Foreign Exchange Management Act (FEMA) at 19 locations in Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula (Haryana), targetting key vendors of Amazon and Flipkart, Reuters reported.
YouTube Shopping opens up in India; collaborates with Flipkart, Myntra to launch affiliate programme
Oct 25, 2024, at 10:35 pm
Mumbai: Google-owned YouTube announced on Friday that it would expand its shopping feature in India by launching the YouTube Shopping affiliate programme, media reports said.
Flipkart gears up for 11th edition of ‘The Big Billion Days’ with new tech launches
Sep 16, 2024, at 09:50 pm
E-commerce major Flipkart has announced the dates for its highly-anticipated annual flagship event, The Big Billion Days (TBBD) 2024.
Flipkart closes $950 mn round with Sundar Pichai-led Google's $350 mn investment at $36 bn valuation
May 25, 2024, at 06:47 pm
Bengaluru/IBNS: American tech titan Google has invested around $350 million in Indian e-commerce giant Flipkart's $950 million round at a valuation of $36 billion, reports said.
Flipkart to add Google as an investor in its latest funding round
May 24, 2024, at 11:25 pm
As part of the latest funding round led by Walmart, Flipkart on Friday announced that it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties.
Flipkart co-founder Binny Bansal to create a new start-up: Report
Aug 19, 2023, at 06:29 am
Mumbai: Binny Bansal, who recently divested his remaining stake in the e-commerce giant Flipkart, is actively working on launching a new startup, Moneycontrol reported.
Flipkart partners with Axis Bank to facilitate personal loans for customers
Jul 08, 2023, at 02:56 am
Bengaluru: E-commerce marketplace Flipkart has entered into a strategic partnership with private sector lender Axis Bank to facilitate personal loans for its valued customers, adding additional convenience and enhanced benefits to its 450 million customers.
Indian govt issues order against Amazon, Flipkart for selling seat belt alarm stoppers
May 12, 2023, at 11:44 pm
New Delhi: The Centre has issued orders against top five e-commerce platforms - Amazon, Flipkart, Snapdeal, Shopclues and Meesho - for selling car seat belt alarm stopper clips stating that the clips compromise life and safety of consumers.
PhonePe raises $350 mn fund from General Atlantic
Jan 20, 2023, at 03:35 am
Bengaluru/IBNS: Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.
$1-billion tax imposed on retail giant Walmart for PhonePe relocation to India: Report
Jan 05, 2023, at 05:55 am
New Delhi: The Indian government has imposed a tax of $ 1 billion on Walmart and digital payments company PhonePe for shifting the latter’s base to India from Singapore, Bloomberg reported.
Axis Bank and Flipkart partner to launch ‘Flipkart Axis Bank Super Elite’ Credit Card
Nov 22, 2022, at 10:49 pm
Kolkata: Axis Bank, India’s third largest private sector bank, and Flipkart, India’s homegrown e-commerce marketplace have partnered to launch the ‘Super Elite Credit Card’.
Oct 19, 2022, at 10:44 pm
Kolkata: Flipkart, India’s homegrown e-commerce marketplace, is leading the way in sustainability, a facet that has been recently recognised with the prestigious Indian Green Building Council’s (IGBC) certification awarded to Phase-I of its Haringhata Fulfillment Centre in West Bengal.
Flipkart’s warehouse receives Green Warehouse Platinum Certification from IGBC
Sep 14, 2022, at 09:57 pm
Bhubaneshwar: E-commerce company Flipkart's 'Phase I' warehouse at West Bengal's Haringhata has been certified with IGBC under the IGBC Green Logistics Parks and Warehouses Rating, according to a press release.
Jun 28, 2022, at 04:54 pm
Flipkart, India’s homegrown e-commerce marketplace, launched a film “MSMEs - Taking India Forward” on the occasion of World MSME Day celebrated on June 27th worldwide to celebrate and showcase the journey of all the Micro, Small and Medium Enterprises who are integral growth drivers of the country’s economy.
Nothing announces key sales partnerships for phone
May 11, 2022, at 09:25 pm
London: Consumer tech company Nothing on Wednesday confirmed the first of many partnerships for its hotly anticipated smartphone phone .
May 06, 2022, at 05:31 pm
Kolkata: Flipkart has signed a Memorandum of Understanding (MoU) with Paschim Banga Society of Skill Development (PBSSD), Technical Education, Training & Skill Development Department, Government of West Bengal to impart relevant industry training and knowledge to help create a pool of skilled supply chain operations talent in the state.
Apr 25, 2022, at 10:48 pm
Kolkata: Flipkart, India's homegrown e-commerce marketplace, on Monday announced the signing of a Memorandum of Understanding (MoU) with Micro, Small and Medium Enterprises and Textiles (MSME&T) Department, Government of West Bengal to train and support local artisans, weavers, and handicraft makers to leverage e-commerce platform to scale their local products nationally.
BGBS 2022: Flipkart launches modern fulfillment center in Haringhata
Apr 21, 2022, at 11:25 pm
Kolkata/IBNS: India's homegrown e-commerce marketplace Flipkart on Thursday announced the inauguration of India’s largest fulfillment center in Haringhata, West Bengal.
Flipkart invests $116 million in Myntra amid challenge from Reliance's Ajio and Nykaa
Apr 15, 2022, at 02:36 am
Singapore: Flipkart has invested $116 million in fashion retailer Myntra, according to regulatory filings in Singapore, Economic Times reported.
Flipkart Axis Bank Credit Card surpasses 2 million users
Mar 16, 2022, at 09:39 pm
Flipkart, India’s homegrown e-commerce marketplace and Axis Bank, India’s third largest private sector bank, today announced that their co-branded credit card ‘Flipkart Axis Bank Credit Card’ has crossed the two million Cards in Force (CIF) milestone.
Flipkart acquires electronic e-commerce company Yaantra
Jan 13, 2022, at 11:26 pm
Mumbai/UNI: E-commerce platform Flipkart on Thursday said it has acquired Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance after-sale offerings for its customers in the smartphones segment.
Flipkart to enter healthcare sector; to buy majority share in Sastasundar.com
Nov 19, 2021, at 09:06 pm
Kolkata/IBNS: The Flipkart Group Friday announced its entry into the healthcare sector with the launch of Flipkart Health+.
Flipkart Wholesale rolls out new credit program to support kiranas, retailers
Aug 24, 2021, at 10:20 pm
Kolkata: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, has announced the launch of industry-first credit programs which aim to help kiranas manage their working capital requirements and grow their business.
Flipkart to set up 4 new facilities in Maharashtra, 4,000 jobs to be created
Aug 18, 2021, at 01:09 am
Mumbai/IBNS: Walmart-run e-commerce major Flipkart has announced it will strengthen its presence in the western state of Maharashtra by setting up four new facilities.
Lava International Ltd unveils all-new Z2s smartphone
Jul 23, 2021, at 02:53 am
Kolkata/UNI: Lava International Ltd, an Indian multinational electronics company, Thursday unveiled its new Z2s smartphone for entertainment seekers as its target audience.
Jul 13, 2021, at 11:35 pm
Bangalore: The Flipkart Group, India’s homegrown consumer internet ecosystem, on Tuesday announced that it has raised US $3.6 billion in funding as it continues to grow and advance the digital commerce ecosystem in India.
Flipkart Wholesale launches digital platform in Bihar
Jul 05, 2021, at 11:55 pm
Kolkata: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, on Monday announced the expansion of its operations across seven cities in Bihar with an aim to offer local fashion retailers a safe and seamless platform to buy apparel and footwear with doorstep delivery.
Ecommerce giants raise concern with Centre over new laws meant to safeguard small retailers
Jul 04, 2021, at 11:18 pm
New Delhi/IBNS: Representatives of e-tailers, including Amazon and Tata, approached the government on Saturday over new e-commerce laws announced in June that were perceived to be detrimental to their business models, according to a media report.