Tribunal rules in favour of Flipkart on Rs 110 cr tax demand

Dearton Thomas Hector

Flipkart can heave a sigh of relief after the Income Tax Appellate Tribunal (ITAT) rejected the revenue department’s demand ....

25 April, 2018

How SoftBank has spun its web across India's internet companies

Anand J

SoftBank is the new IPO. For startups struggling to turn in profits, an initial public offering remains an unattractive proposition. ....

23 April, 2018
ADVERTISEMENT

Walmart-Flipkart deal likely as early as next week

Reuters

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, ....

21 April, 2018

NPCI to run pilot on proximity payments, ropes in 3 startups

Anirban Ghoshal

Digital payments supervising body National Payments Corporation of India (NPCI) is running a pilot project on proximity-based ....

20 April, 2018

Can home services marketplaces UrbanClap and HouseJoy defy the odds?

Shweta Sharma & Dearton Thomas Hector

Between 2013 and 2015, a number of startups set up shop in India to operate marketplaces that provided a range of home services. ....

19 April, 2018

Love thy neighbour: How Chinese cheques are fuelling Indian startups

Anand J

The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....

18 April, 2018
ADVERTISEMENT

Fashion portal Myntra buys Bengaluru-based wearable tech startup

Binu Paul

Myntra, the fashion and lifestyle e-tailing arm of e-commerce major Flipkart, has bought a Bengaluru-based wearable tech startup ....

16 April, 2018

Walmart could seal deal for majority stake in Flipkart by June-end

Reuters

Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what ....

12 April, 2018

Jewellery e-tailer Pipa + Bella raises $1 mn in fresh funding

Debjyoti Roy

Pipa + Bella, a private label non-precious jewellery e-tailer, has raised $1 million (Rs 6.4 crore) led by Fireside Ventures, ....

9 April, 2018

Walmart may spend $10-12 bn to buy Flipkart stake

Reuters

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail ....

6 April, 2018
ADVERTISEMENT

Flipkart launches private label for kids’ fashion and toys

Reuters

Indian e-commerce firm Flipkart on Thursday launched a private label kids’ fashion and toy brand as it aims to bolster its ....

5 April, 2018

MakeMyTrip to power Flipkart's soft entry into OTA business

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart has partnered with online travel services provider MakeMyTrip to provide its users with travel ....

5 April, 2018

Why any merger between Amazon and Flipkart is unlikely

Team TC

US-based online retailer Amazon.com Inc.’s is reported to have held initial talks to acquire homegrown e-commerce major ....

4 April, 2018

Lobby group Indiatech’s CEO quits over differences with promoters

Binu Paul

Indiatech.org, a lobby group launched by Indian internet unicorns Flipkart, Ola, and MakeMyTrip, suffered a setback as its chief ....

2 April, 2018

Adobe is betting on fin-tech, retail clients for next phase of growth

Anirban Ghoshal

Photoshop maker Adobe Systems' Indian subsidiary is betting on clients from sectors such as fin-tech and retail for its next ....

30 March, 2018

Flipkart may soon take on MakeMyTrip, Yatra with diversification into OTA business

Vijayakumar Pitchiah & Anand J

E-commerce major Flipkart  is looking to independently chart a course in the online travel agency (OTA) space and is gearing ....

26 March, 2018

Flipkart invests $80 mn into payments arm PhonePe

Vijayakumar Pitchiah

Phonepe Pvt Ltd, the payment arm of homegrown e-commerce firm Flipkart, has received Rs 518.22 crore ($80 million) in a fresh ....

23 March, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Will Flipkart’s latest discount sharing move shake up e-commerce?

Vijayakumar Pitchiah & Binu Paul

Flipkart's recent tweak to its discount sharing mechanism with sellers is being seen by industry experts as a significant ....

21 March, 2018

Angel investors pick up stake in CTO recruitment startup Purple Quarter

Binu Paul

Angel investors Abhishek Goyal, founder of data analytics firm Tracxn, and former Flipkart executive Mekin Maheshwari have ....

14 March, 2018

Why Flipkart and Walmart need each other to keep Amazon at arm's length

Dearton Thomas Hector & Anand J

Everyone has been hearing it through the grapevine. Now, it appears that US retail giant Walmart is on the verge of buying either ....

14 March, 2018