Flipkart

Mobile payments start-up PhonePe Internet Pvt. Ltd, owned by Flipkart, in partnership with private lender Yes Bank has recently launched unified payments interface (UPI) based payments app. PhonePe allows users to link their bank accounts securely to their smartphone using...

One97 Communications, which runs mobile payment and e-commerce platform Paytm, is in advanced talks to raise fresh funding of about Rs 2,000 crore ($300 million) as the company gears up to launch the payments bank and aims to boost...

Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months. Morgan Stanley...

With festive season around the corner, e-commerce players in India are gearing up to make most of the festivities- which kicks off in August and goes with Onam, the Malayali harvest festival, in early September, and peaks during Diwali,...

In an unprecedented move, the Indian Institutes of Technology (IITs) on Thursday released names of 31 companies they have blacklisted for allegedly going back on plum job placements they offered to students. IITs have barred these 31 companies from participating in placement...

Jasper Infotech Pvt. Ltd, which runs e-commerce firm Snapdeal, has reportedly received a top up of Rs 140 crore($21 million) as part of its previously announced funding round from Luxembourg-based firm Clouse SA. In February this year, Snapdeal announced it...

In just a year of its launch, 'Flipkart Growth Capital' program has successfully disbursed loans amounting to over Rs 125 crore to more than 800 sellers on its platform. Flipkart has partnered with 8 financial institutions for the initiative...

Amazon India is looking to create own private brands in fashion and groceries category apart from significantly expand its existing private electronic accessories brand AmazonBasics, according to a report in Livemint. AmazonBasics, which debuted in India in September last year,...

Annualised GMV for e-commerce companies in India fell 5-10 per cent in the second quarter of 2016 to US$13 billion, impacted by fewer discounts by players like Flipkart and Snapdeal, research firm RedSeer said. "While there was a strong growth...

Reeling under lower valuation, exits by many senior executives and downsizing of staff in the face of intense competition in the digital world ahead of the festival season, leading e-tailer Flipkart had a soul-searching town hall discussion with its...