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

Monday, November 21, 2016 | More »

Flipkart
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...

VCCircle_Flipkart8

Flipkart said to be in talks with CPPIB and Wal-Mart to raise $1 bn

Bengaluru-based e-commerce firm and India’s biggest e-tailer Flipkart Ltd is reportedly in talks with world’s largest retailer Wal-Mart Stores Inc. and Canadian fund CPPIB to raise funds. Flipkart is trying to raise $1 billion in the next round of funding, The Hindu BusinessLine reported on Sund...

7 November, 2016 | More »