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Posts Tagged ‘ Flipkart ’

Xiaomi sells 20,000 more Mi3 smartphones in fifth flash sale, Flipkart goes out of stock in 2.3 seconds

Tuesday, August 19, 2014 | More »

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To call Chinese smartphone manufacturer Xiaomi’s online only flash sales model a hit in India will be a gross understatement. The company made its debut in the market in July this year with a partnership with home grown e-commerce major Flipkart.com. As part of the partnership, the company’s fla...

Flipkart

Flipkart mum on reported $1B fundraising plans, adds e-learning to online marketplace

India’s largest consumer e-commerce platform Flipkart is raising around $1 billion (Rs 6,000 crore) from existing and new investors valuing the company at over $5 billion, according to The Economic Times report citing unnamed sources. While half of the funds have come from the existing investors T...

23 July, 2014 |More »

Flipkart

Flipkart appoints Rajnish Baweja as its finance controller

India’s largest consumer e-commerce company Flipkart has appointed Rajnish Baweja, a chartered accountant by profession as its finance controller, according to a The Economic Times report. The report further adds that this could be the first in a series of moves aimed at preparing the online retai...

2 July, 2014 |More »

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Flipkart launches Digiflip Pro XT712 for Rs 9,999; should Micromax & Samsung worry?

India’s largest consumer e-commerce platform Flipkart has entered the already crowded domestic tablet market with a new offering under its private brand Digiflip Pro. Christened Digiflip Pro XT712, the tablet offers a 7 inch display and runs on the Android Jelly Bean operating system. Targeted at ...

26 June, 2014 |More »

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Flipkart’s Amazon Prime-like membership service Flipkart First begins as largely a logistics plan

India’s largest consumer e-commerce platform Flipkart has launched its annual subscription service called ‘Flipkart First’ for its customers who wish to get exclusive benefits and have access to priority service, at Rs 500 per year. Under the new scheme, subscribers will get access to a bouque...

16 June, 2014 |More »

Flipkart

After annual subscription service Flipkart launches ‘scheduled’ delivery, starting with large appliances category

After rolling out Flipkart First, an annual subscription service for customers who wish to have access to a priority service, India’s largest consumer e-commerce platform Flipkart.com is launching scheduled delivery for its customers in four cities including Bangalore, Delhi, Mumbai and Kolkata. W...

13 June, 2014 |More »

Flipkart

Why Flipkart is opposing FDI in e-commerce; yes you read that right

Even as the new government under the leadership of Prime Minister Narendra Modi is planning to open the e-commerce sector to foreign direct investment (FDI) as soon as next month, the country’s top consumer e-com firm Flipkart has now come out and openly opposed the move. A company spokesperson ...

9 June, 2014 |More »

Flipkart

Flipkart raises $210M led by DST Global

India’s largest e-commerce platform Flipkart.com has announced a $210 million investment led by DST Global, a global investment firm focusing on internet. Existing investors Tiger Global, Naspers, and Iconiq Capital also participated in this round. This round takes the funding raised by Flipkart s...

26 May, 2014 |More »

Flipkart-Myntra

What the big deal means for Flipkart, Myntra, their investors & competitors

Sachin and Binny Bansal, co-founders of Flipkart, and Mukesh Bansal co-founder and chief of Myntra (all unrelated to each other), have just sealed the biggest ever deal in the Indian e-commerce sector. This has added a bucket load of spice to the already hot e-com market with aggressive expansion mo...

22 May, 2014 |More »

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Flipkart acquires Myntra, to invest over $100M in fashion business

It is official. Flipkart, the largest consumer focused e-commerce company in India, has acquired has acquired Myntra Designs Pvt Ltd, the company which runs the online fashion and apparel shop Myntra.com. Although the transaction details have not been officially disclosed, news reports have pegged t...

22 May, 2014 |More »

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