Archives
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ELECTRONICS March 28, 2016 Flipkart Big Billion Days Sale Day 4: What’s on Offer
By: sristy SahaIt’s the fourth day of the Flipkart Big Billion Days Sale, and while the madness of day 3 might be behind us, there are still plenty of deals on popular electronics. Friday’s best offers include deals on tablets, audio equipment, laptops, and more. But before we get into the deals, here are some tips: 1) […]
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NEWS March 27, 2016 Xbox Elite Wireless Controller Price in India Revealed; Exclusive to Flipkart
By: sristy SahaThe Xbox Elite Wireless Controller was first unveiled by Microsoft at E3 2015. The controller sports hair-trigger locks, enhanced sensitivity, and swappable parts such as different directional pads. It also has the option to remap buttons as well. Needless to say, it’s not your average gamepad. What’s more is that it’s exclusive to Flipkart. While […]
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ALL DEALS March 16, 2016 Govt hikes funding for start-ups, Flipkart invests more in Myntra
By: sristy SahaPhoto: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]
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NEWS March 16, 2016 Flipkart invests another Rs338 crore in Myntra
By: sristy SahaFor the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs758 crore from Rs427.26 crore the previous year. Photo: Bloomberg In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra, according to documents filed with the Registrar of Companies. Myntra Designs […]
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ALL DEALS March 11, 2016 Flipkart flips CEO post, Binny Bansal replaces Sachin Bansal
By: sristy SahaA file photo of Sachin Basal (left) and Binny Bansal. Photo: Hemant Mishra/Mint New Delhi/Bangalore: It was the flip no one saw coming. On Monday, India’s largest e-commerce platform Flipkart.com named co-founder Binny Bansal as its new chief executive officer (CEO), replacing Sachin Bansal, in a move that it claimed would strengthen its management bandwidth […]
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NEWS March 11, 2016 Flipkart restructures core unit, shuffles senior staff
By: sristy SahaBinny Bansal, new CEO of Flipkart. Photo: Pradeep Gaur/Mint Bengaluru: Flipkart Ltd has restructured the company’s core retail and marketplace business and moved many of the firm’s senior executives into new roles, a day after it named co-founder Binny Bansal as its new chief executive officer (CEO), said two persons familiar with the matter. Flipkart’s […]
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NEWS March 9, 2016 Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
By: sristy SahaPhoto: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]
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ALL DEALS March 8, 2016 Flipkart bets on large appliances to power next stage of growth
By: sristy SahaFlipkart started selling large appliances again in early 2014, nearly a year after it was forced to withdraw these products because of customer complaints about late deliveries and poor quality of products. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce firm Flipkart Ltd is banking on sales of high-priced products such as television sets, refrigerators and […]
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ELECTRONICS March 4, 2016 Flipkart Big Billion Days Sale Day 4: What’s on Offer
By: sristy SahaIt’s the fourth day of the Flipkart Big Billion Days Sale, and while the madness of day 3 might be behind us, there are still plenty of deals on popular electronics. Friday’s best offers include deals on tablets, audio equipment, laptops, and more. But before we get into the deals, here are some tips: 1) […]
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ALL DEALS March 4, 2016 Flipkart Big Billion Days Sale Day 3 Offers: Mobiles, Mobiles, and Mobiles
By: sristy SahaIt’s day 3 of Flipkart’s Big Billion Days sale and the offers now shift to perhaps the category with the biggest interest – mobiles and accessories. Flipkart is offering deals on phones at almost every price point. (Also see: Flipkart Big Billion Day 4 Offers: It’s All About Electronics) As you would expect, we’ve picked […]
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ALL DEALS March 4, 2016 Flipkart to offer its logistics services to third-party e-commerce firms
By: sristy SahaFlipkart is also gearing up to roll out an inter-city customer-to-customer courier service called eFlash in the next two months. Photo: Bloomberg Bengaluru/New Delhi: Flipkart Ltd, the country’s largest online retailer, has thrown open its logistics services eKart to third-party e-commerce firms even as the company is gearing up to roll out an inter-city customer-to-customer […]
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NEWS March 4, 2016 Alibaba in talks to buy Flipkart stake
By: sristy SahaJack Ma, founder of Alibaba Group. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. Photo: Bloomberg New Delhi/Bengaluru: China’s Alibaba Group, which has backed Paytm and Snapdeal, is looking to increase its footprint in India […]