Flipkart sets foot into healthcare sector with Flipkart Health+

Domestic e-commerce platform Flipkart has announced that it will now be entering into healthcare sector, as they are launching Flipkart Health+. This is being set up to provide consumers access to convenient and affordable healthcare.

Highlights

• Flipkar...

The initiative of voice search by Flipkart

After Amazon’s initiative of using Alexa for Voice recognition and text to speech, the e-commerce giant of India, Flipkart took on Twitter to announce their new voice recognition feature. The voice recognition will be available for android users in both mobile application and the website su...

WALMART INC.’S FLIPKART LIKELY TO GO PUBLIC IN THE U.S.

Highlights

• The sources claim that Flipkart is weighing on a US initial public offering and is now also looking at other options as well

• One of the individual aware of this development who asked not to be identified has said that deliberations are at an early stag...

FLIPKART PARTNERS WITH 5000 RETAIL OUTLETS IN INDIA

HIGHLIGHTS

• Flipkart is forged partnership with 5000 retail outlets in India.
• Flipkart has launched Super Coin Pay.

Flipkart has launched SuperCoin Pay that can be used by its customers across thousands of retail stores across the cou...

CCI APPROVES FLIPKART-ADITYA BIRLA FASHION DEAL

HIGHLIGHTS

• CCI has approved Flipkart-Aditya Birla Fashion Deal.
• Traders urged to commerce minister Piyush Goyal to prevent this deal.
• Traders alleged that Flipkart could not indulge in brand retailing through equity.
• DPIIT had al...

CCI APPROVES FLIPKART-ADITYA BIRLA FASHION

HIGHLIGHTS

• CCI has approved the acquisition of 7.8% minority stake in Aditya Birla Fashion by FIPL.
• The plans were put into motion last year.
• FIPL is owned by Walmart Group.

Competition Commission of India (CCI) has approv...

AMAZON INDIA AND FLIPKART ANNOUNCE REPUBLIC DAY SALE 2021

HIGHLIGHTS

• E-Commerce stores have announced discount sales for 2021 Republic Day.
• They are discounts on Apple's AirPods, iPhone SE, and smart TVs.
• Bank card offers and attractive deals on electronics such as iPhones, laptop, Smart TVs e...

WALMART PREPARING FOR FLIPKART’S $10 BN IPO IN THE U.S.

Highlights

• According to the reports, world’s biggest retailer is preparing for Flipkart’s $10 billion initial public offering (IPO) in the United States and has hired Goldman Sachs to assist with the listing

• After acquiring 77 percent stake in May 201...

WALMART, FLIPKART MAKE ADDITIONAL INVESTMENT IN NINJACART

Highlights

• As per the joint statement issued by Walmart and Flipkart Group, Ninjacart will utilize this funding to expand to new markets and build new offerings and supply chain for emerging customer segments

• This additional investment takes forward the Ninjacart...

SAMSUNG GALAXY F KICKSOFF TO FESTIVE START ON FLIPKART ON 8TH OF OCTOBER

• Samsung will launch the new India-made Galaxy F range of smartphones at Wal-Mart Inc. helmed online retailer Flipkart on October 8.
• The series is taking a shy at underlining the shooting demand among the young online shoppers in India, Samsung said.

Samsu...

FLIPKART TAKES OVER WALMART INDIA, COMES UP WITH FLIPKART WHOLESALE

Highlights

• Flipkart Wholesale will be headed by one of the Flipkart's most experienced employee, Adarsh Menon

• Walmart India CEO Sameer Aggarwal will remain with the company in order to ensure a smooth transition

• At present, Walmart India is o...

RAGS TO RICHES: STORY OF SACHIN BANSAL, CO-FOUNDER OF FLIPKART

Highlights

• Sachin Bansal completed his education from Indian Institute of Technology (IIT) Delhi

• Before founding Flipkart, Sachin Bansal worked as a Senior Software Engineer at Amazon Web Services

• Flipkart is now acquired by Walmart, world’...

RELIANCE’S JioMart: INDIA’S NEWEST ONLINE GROCERY SERVICE

Highlights

• Reliance’s JioMart is catering to Tier I and Tier II cities in the country

• All the products listed are directly sourced from the registered farmers and company aims to help them out of this pandemic

• JioMart will face competition ...

WALMART SAYS FLIPKART'S LIMITED SALES IMPACTED ITS GROWTH

Highlights

• Walmart CEO and president Doug McMillon said that Flipkart's business was impacted by the government regulations which restricted it from delivering non-essential items

• Walmart has also been affected from the closure of stores in South Africa

Myntra sale to start on December 22, a great way to kick start holiday season

Myntra, owned by Flipkart is slated to start its End of Reason Sale (EORS) on December 22. The online shopping giant is hoping to have 60% year-on-year growth of sales. Myntra is no more leveraging Jabong, its sister brand, a step taken to reach out to more and more customers. The flagship year-e...

Joint investment of Flipkart and Walmart in Ninjacart

One of the largest online retailers of India, Flipkart has made a joint investment with its US based parent entity, Walmart, in fresh produce supply chain startup Ninjacart. The sum invested is undisclosed though. Both the bigwigs confirmed on Wednesday. The reports were disclosed by Economic Tim...

Common mistakes by fashion startups

India has become a growing hub for start-ups and success stories of Flipkart and Zomato are worth mentioning. Many other such start-ups have tasted success in India. They possess billion-dollar valuations and unicorn tag.

There are many other start-ups struggling to become the next big ...

India's biggest private life safety net provider collaborates with new businesses to verify its very own future

Life coverage organization HDFC Life is looking for new businesses backing to make new arrangements around various territories. HDFC had tied-up with investment subsidize IvyCap Ventures' organizing stage IvyCamp prior this year to pick new companies under the primary period of the program Fu...

Acko raises $16 million from Ascent Capital online insurance provider in India

Mumbai-based insurance innovation beginning-up Acko General Insurance, a first digital platform that exclusively provides two-wheeler and four-wheeler insurance, has earned $16 million in Ascent Capital.

In the meantime, many reports indicate that the company has also spent $20 million ...

New Google Nest Mini Smart Speaker

The Google Nest Mini is the new addition to smart speaker range of the software giant. Google launched this new interesting product in India recently. The product was officially launched in October with Pixal 4 series and after a month released in India. Google Nest Mini Smart Speaker is availabl...