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Flipkart wholesale arm's FY17 revenue touches $2.4 bn but growth slows

TMT

15 December, 2017

Flipkart wholesale arm's FY17 revenue touches $2.4 bn but growth slows

Flipkart India Pvt. Ltd, the wholesale arm of homegrown e-commerce marketplace Flipkart, has reported a slower rise in revenue for ......

India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals

TMT

14 December, 2017

India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals

The Competition Commission of India (CCI) has cleared SoftBank Group Corp’s purchase of a minority holding in Flipkart and Alibaba ......

Flipkart completes $100 million ESOP buyback

TMT

13 December, 2017

Flipkart completes $100 million ESOP buyback

E-commerce firm Flipkart said it has completed the $100 million (Rs 645 crore) employee stock options repurchase programme that it ......

Ecommerce growth slugfest: Amazon claims 66%, Flipkart asserts 80%

TMT

11 December, 2017

Ecommerce growth slugfest: Amazon claims 66%, Flipkart asserts 80%

Homegrown e-commerce major Flipkart said the company has recorded over 80% growth in gross merchandise value (GMV) between April and ......

SoftBank's Saurabh Jalan joins Snapdeal board as Lydia Jett resigns

People

11 December, 2017

SoftBank's Saurabh Jalan joins Snapdeal board as Lydia Jett resigns

Jasper Infotech Pvt Ltd, which runs online marketplace Snapdeal, has appointed Saurabh Jalan, a representative from investor SoftBank, as an ......

VCC Startups weekly wrap: Google backs dunzo; Paytm to merge Little and Nearbuy

TMT

09 December, 2017

VCC Startups weekly wrap: Google backs dunzo; Paytm to merge Little and Nearbuy

Google’s investment in daily tasks management app dunzo was one of the key highlights of the week as it marked ......

Flipkart rubbishes CEO exit rumours

TMT

06 December, 2017

Flipkart rubbishes CEO exit rumours

Ecommerce major Flipkart has dismissed rumours around a likely exit of its CEO Kalyan Krishnamurthy.Krishnamurthy, a former executive at Tiger ......

Flipkart's Binny Bansal steps down from BlackBuck's board

People

04 December, 2017

Flipkart's Binny Bansal steps down from BlackBuck's board

Binny Bansal, the chief executive of homegrown e-commerce major Flipkart, has stepped down as director from the board of logistics ......

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

TMT

02 December, 2017

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

Japanese investor SoftBank was in focus this week as it moved ahead on its share purchase of Indian e-tailer Flipkart ......

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Fund Scan: Kalaari seeding more startups but blockbuster harvests still a far cry

Finance

01 December, 2017

Fund Scan: Kalaari seeding more startups but blockbuster harvests still a far cry

There is an eerie similarity between Snapdeal and RightWorks. But Kalaari Capital co-founder Vani Kola would, perhaps, disagree.A lot has ......