Flipkart completes ESOP repurchase plan of USD 100 million
Flipkart has completed Employee Stock Option repurchase program (ESOP) of over USD 100 million. More than 3,000 current and former employees of Flipkart, along with...
Tag : Flipkart
Flipkart to introduce its own smartphone on November 15
Flipkart will be launching its own smartphone Capture+ on November 15, which is produced under brand Billion. Capture+ will be having dual camera and have...
Flipkart has acquired F1 Info Solutions
Flipkart has acquired F1 Info Solutions which is an IT repair service company. F1 Info Solutions is going to be a part of Jeeves, Flipkart’s...
SoftBank Vision Fund has invested $2.5 billion in Flipkart
Softbank has made investment in Flipkart through its $100 billion technology focused Vision fund. The investment has been a mix of primary and secondary capital....
Flipkart concludes eBay India merger
Flipkart, the e-commerce major has concluded the merger with eBay India’s operations. Flipkart has said in a statement, “Effective immediately, Flipkart will own and operate...
Flipkart aims to invest in new businesses
On Wednesday, Flipkart, the E-commerce company has said that it aims to invest a major part of money that has been raised by it in...
Flipkart has raised $1.4 bn from Tencent, eBay and Microsoft, acquires eBay India
On Monday, Flipkart, the largest e-commerce marketplace of India has said that Tencent, eBay and Microsoft have made investments aggregating to $1.4 billion in the...
Flipkart aims to hire 20-30% more this year
Flipkart, the e-commerce major has been planing to hire 20-30 percent more people in 2017 as compared to previous year. Nitin Seth, Flipkart COO has...
Microsoft-Flipkart have announced strategic association
A strategic partnership has been announced by Microsoft and Flipkart for providing consumers in India with a better online shopping service. Flipkart Group CEO Binny...
Flipkart aims to cut monthly spend to $20 million
Flipkart, India’s largest online retailer is aiming to cut its monthly expenditure by half as it prepares to raise fresh capital of Rs 3,400-5,400 crore...