Flipkart Adds 4 Fulfilment, Sortation Stations in Maharashtra
Flipkart announced that it had added four fulfilment and sortation centres in Maharashtra to raise demand and promote local sellers. Flipkart’s new facilities in the...
Tag : Flipkart
ED Fines Flipkart For $1.35 Billion
Walmart’s Flipkart and its founders explain why they shouldn’t face a penalty of $1.35 billion for alleged violation of foreign investment laws, three sources and...
The Whole Truth Raises $6 Million From Sequoia Capital India
The Whole Truth has raised $6 million in a Series A funding round led by Sequoia Capital India, including existing investors Matrix Partners India and...
Flipkart to Raise Funding at $ 40 Billion Valuation
The online shopping platform, Flipkart has completed a fundraising round valuing the Indian online retailer at about $40 billion, with the main owner Walmart Inc....
Zomato Aims For Spike in Valuation to $10 Bn
Zomato, India’s largest online food delivery platform, plans IPO valuation to $10 billion amid a surge in online food-ordering, restaurant-bookings and subscriptions for Zomato Pro...
Flipkart Launches Social-Commerce Platform ‘Shopsy’
Flipkart on Thursday announced the launch of a new app called ‘Shopsy’ that allows people to become resellers of products on its network through platforms...
Flipkart Considering Buyback of ESOPs Worth $125 Million
Flipkart is considering a buyback of Employee Stock Options (ESOPs) worth nearly $125 million while it works on a proposed fundraising round. Flipkart has already...
Tata Digital to Invest $75 Million in Curefit
Tata Digital Ltd. will invest $75 million in fitness startup Curefit. Mukesh Bansal, the Co-Founder, and Chief Executive Officer will join Tata Digital as president...
Zomato to Adopt 100% Electric Vehicles by Year 2030
Zomato has said it will adopt Electric Vehicles (EVs) for 100% of its fleet by 2030. Zomato founder and CEO Deepinder Goyal said the company...
Sony PS5 Pre-Orders to go Live Today at 12 PM
The Sony PlayStation 5 has been one of the most difficult buys this year with limited stocks that get sold out within seconds. Fans in...