Govt to summon Flipkart, Amazon executives over FDI rules violations: Report
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
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
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
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
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
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
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
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
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
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
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
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’.
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
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.
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.