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Posts Tagged ‘ Binny Bansal ’

Aerospace startup Team Indus signs launch contract with ISRO

Thursday, December 1, 2016 | More »

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Bengaluru-based aerospace startup Team Indus has signed a contract with the Indian Space Research Organisation (ISRO) to launch a spacecraft that will attempt to land on the moon as part of its bid to win the Google Lunar XPRIZE. Team Indus, incorporated as Axiom Research Labs Pvt Ltd, is the only I...

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How Tiger Global-backed fashion venture Roposo is diversifying its revenue streams

Tiger Global-backed fashion startup Roposo has decided to expand its businesses such as influencer marketing and brand campaigns besides launching a chat feature for better user engagement. The company is also testing the cost-per-click model wherein it plans to charge partner vendors on clicks on t...

25 November, 2016 | More »

Binny and Sachin Bansal

Investing in startups is a form of philanthropy: Flipkart co-founder Binny Bansal

For Sachin Bansal and Binny Bansal, founders of the country’s largest e-commerce firm Flipkart, investing in startups is a way of giving back to the ecosystem. The two started Flipkart in 2007 as an online book store from their two bedroom apartment, turning into what is today the biggest and most...

21 November, 2016 | More »

Flipkart

Flipkart to enter groceries, furniture segments; to sell Make-in-India products

Home grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. The firm intends to scale the grocery business operations over a three-year period, Binny Bansal, Flipkart’s chie...

21 November, 2016 | More »

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Amazon hikes seller commission charges for some categories

Just as Flipkart claims victory over Amazon in terms of sales in the festive month of October, the Indian arm of the US-based retail giant has made a strategic move to raise the commission charges from sellers for categories like electronic devices and automotive accessories. In its latest revision ...

5 November, 2016 | More »

Flipkart

Flipkart claims victory over Amazon in October sales

Home grown e-commerce giant Flipkart claims that it has beaten global heavyweight Amazon in terms of sales in the all-important festive month of October. Both e-commerce marketplaces ran special sale events during the month to establish a leadership position. Flipkart claims that it witnessed six ti...

2 November, 2016 | More »

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What keeps top angel investors going?

If you think Binny Bansal, the co-founder of India’s largest e-tailer Flipkart, is only interested in online retail space, you could not be more wrong. Bansal is as interested in aerospace and defence, healthcare, technology & equipment and leisure products, as he is in online retail, if you g...

1 November, 2016 | More »

Sanjay Baweja

Sachin and Binny Bansal will take Flipkart to greater heights, says outgoing CFO Sanjay Baweja

It has not been a great year for Flipkart so far. Markdowns by investors, constant struggle to retain leadership in the market thanks to fierce competition from an aggressive Amazon and failure to retain top talent internally—India’s largest ecommerce firm has been facing its demons. To add ...

28 October, 2016 | More »

Flipkart

After CFO’s exit, Flipkart makes interim changes in management structure

A day after its chief financial officer quit, India’s biggest e-commerce player Flipkart has made a few changes in its management structure in the interim. On Tuesday, Flipkart’s chief financial officer Sanjay Baweja had resigned after a two year stint with the Bengaluru-based e-tailer to take u...

26 October, 2016 | More »

top 10 angel investors

Anupam Mittal, Rajan Anandan, Kunal Shah & Zishaan Hayath among top angel investors in Q3

Angel investors in the country have kept funds flowing for startups at a time when venture capital investors seem to be holding back. In the first nine months of 2016, the value of investments has declined significantly across all investment categories such as private equity and venture capital but ...

12 October, 2016 | More »

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