Tag "Flipkart"

Flipkart and Hotstar come together to announce a new ad platform – ‘Shopper Audience Network’

By : CIOL Bureau

In a first of its kind partnership in the industry, Flipkart, India’s leading e-commerce platform, and Hotstar, India’s leading streaming platform, today announced the launch of Shopper Audience Network, Flipkart’s new ads platform that allows brands to connect with customers

Walmart confirms investing $16bn in Flipkart for a majority stake of 77pc

US retail behemoth, Walmart announced that it is acquiring approximately 77 percent in Flipkart for $16 billion for a valuation of over $20 billion. The investment includes $2 billion of new equity funding. The remainder of the business will be held

Walmart still eyeing Flipkart; due diligence reportedly done

By : CIOL Writers

Walmart has once again set its eyes on India’s e-commerce giant, Flipkart and has already completed a thorough due diligence process on e-commerce firm, according to multiple media reports. Citing people in the know of the things, Livemint reported that Walmart

PhonePe raises funds to take on Google Tez & WhatsApp

By : CIOL Writers

Flipkart’s payments platform, PhonePe has received Rs 518 crore infusion from Singapore-based Flipkart Payments Private Limited, according to a regulatory filing with the Registrar of Companies(RoC). The investment is part of the $500 million commitment Flipkart made to invest in PhonePe last year. In

Homegrown tech cos favorite with professionals in India

By : CIOL Writers

If you want to know, where India wants to work in 2018, then look no further than homegrown tech and Internet companies like Directi, Flipkart and One97 Communications that have taken the first three spots on LinkedIn’s Top Companies 2018 list.

Flipkart offering up to 50pc buyback on iPhone X and other models

By : CIOL Writers

Flipkart’s Super Value Week is here. The sale aims to provide buyers with the best value on their smartphone purchase. The offer brings down the cost of Flipkart’s buyback guarantee from Rs 149 to Rs 49. The grand sale which will

Flipkart Internet gets $57M from parent entity

By : CIOL Writers

Flipkart Internet, which runs the Flipkart’s retail platform, has received $57 million cash infusion from its Singapore company Flipkart Marketplace, according to the documents filed with the Registrar of Companies (RoC). Flipkart Internet owns Flipkart.com and registers sales from advertisements and

Flipkart offering Galaxy S7 at Rs 22,990 under Samsung carnival

By : CIOL Writers

Flipkart is back with a grand sale. The e-commerce website is offering Samsung smartphones and other Samsung electronic peripherals at an extremely discounted price point. The sale dubbed as “Samsung Carnival Sale” is held from February 7-9. As part of the

Flipkart launches power banks under Billion brand starting at Rs 799

By : CIOL Writers

Flipkart has launched two new power banks for the Indian customers under its in-house Billion brand. The power banks come in two models- a 10,000mAh version priced at Rs 799 and a 15,000mAh version priced at Rs 999. The two power

Vodafone partners Flipkart to offer 4G smartphones at Rs 999

By : CIOL Writers

Vodafone has partnered Flipkart to offer customers an exhaustive range of entry level smartphones at just Rs 999*. As a part of this partnership, Vodafone has rolled out exciting cash back offers on the select range of entry level 4G smartphone

SoftBank offers to buy Flipkart shares at lower valuation

By : CIOL Writers

SoftBank has offered to buy additional shares in Flipkart but at a reduced valuation in the range of $9 billion to $10 billion, Livemint reported on Thursday. Citing sources, the report said the Japanese conglomerate offered to buy Flipkart shares from investors and former and

Flipkart and Amazon continue to rule the Indian e-commerce market

By : CIOL Writers

Flipkart and Amazon continue to be the most popular e-commerce brands in India with tied score of 92 for the July-September period, according to the latest RedSeer E-tailing Leadership Index (ELI) report. The story is still the same with local

Amazon pumps in additional Rs 2900cr in Indian business

By : CIOL Writers

Amazon has invested another Rs 2900 crores in its Indian unit nearly matching its mammoth capital commitment of $5 billion made in June last year. While in June, Amazon India received a funding of Rs 1,680 crore, it got another boost of Rs

Flipkart to launch its Billion Capture+ smartphone on November 15

By : CIOL Writers

Flipkart that announced its own brand- Billion earlier this year is gearing up to launch its first smartphone under the brand. The e-tailer will be launching Billion Capture+ on November 15 priced at Rs 10,999 for the 32GB model and at Rs

It’s raining discounts on Samsung mobiles on Flipkart and Amazon

By : CIOL Writers

If you are looking for a new mobile phone, then there is a good news for you. Flipkart and Amazon are offering limited time period discounts on Samsung smartphones under the ‘Samsung Mobile Fest’. Here’s a quick look at the

Flipkart trying its hands at grocery category

By : CIOL Writers

After failing at it the first time, Flipkart is once again looking to foray into the grocery segment. The e-commerce major is testing waters initially in Bangalore by launching the new category as ‘Supermart’, reports Economic Times. The category has

Flipkart looking to buy stake in BookMyShow: Report

By : CIOL Writers

Homegrown e-commerce giant Flipkart is in talks to pick a minority stake in ticketing platform BookMyShow, reports Economic Times. Citing people familiar with the discussions, the report says that though the talks are only in the initial stage, it may

Flipkart to invest $500M in payments arm PhonePe

By : CIOL Writers

Flipkart has committed $500 million for its payments platform PhonePe, which is scaling its operations. The e-commerce major acquired PhonePe in 2015 and has since then  invested $75 million in the platform. This is one of the largest single investment commitments in the Indian

Flipkart’s logistics arm eKart raises $98M from group firm Klick2Shop

By : CIOL Writers

Flipkart has pumped in nearly $98 million (Rs 641 cr) into its logistics arm eKart through its Singapore-based group firm Klick2Shop Logistics Services International, according to regulatory filings with the Ministry of Corporate Affairs. As reported by ET, the latest funding is aimed at strengthening

India’s leading tech startups planning to launch a lobby group Indiatech.org

By : CIOL Writers

India’s leading tech startups including Flipkart, ride-hailing service Ola, and travel portal MakeMyTrip are joining hands to form an industry body that will represent local ventures and their interests, seeking protection from resourceful global rivals, reports Economic Times. Citing people in the