Flipkart Valuation Drops By $5 Billion In Past 2 Years
According to the equity transactions of its parent company, Walmart, one of India’s biggest e-commerce platforms, Flipkart, has lost around $5 billion in the last 2 years. The company’s valuation fell from $40 billion in 2022 to $35 billion in 2024. Experts say the decline can be attributed to the demerger of fintech PhonePe, which…
ABHYUDAYA MITTAL
Flipkart Business Model: How Does the Company Work?
Who does not know about Flipkart? One of the biggest e-commerce companies in the world, Flipkart has become a go-to option for shopping after Amazon. Founded by two colleagues cum friends, Sachin Bansal and Binny Bansal, Flipkart has emerged as a trailblazer in the e-commerce industry. Flipkart business model was designed to transform the way…
Vipin
Walmart Purchased Tiger Global stake Worth $1.4 Billion in Flipkart
Walmart Inc., an American multinational retail corporation, has made its move to India as it’s reported by the Wall Street Journal on Sunday (July 30, 2023) that the company has purchased a major stake in Flipkart, one of India’s most popular e-commerce firms. It is also reported that the brand has made a payment of…
Vishal Prajapati
Amazon, Flipkart Get Notice For Selling Unlicensed Drugs
Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…
Shipra Prajapati
An Inspiring Flipkart Startup Story To Motivate Youth
Flipkart Big Billion Days Sale! Flipkart End of Season Sale! These are some taglines that you often read or hear whenever you come across social media. Do these words excite you? If you are a shopaholic or prefer online purchasing, you must wait for the season sale on Flipkart to buy needful items. Behind the…
Manish Tiwary to Join Nestle India as Managing Director
Nestle, a Swiss multinational food and drink company, has named Minish Tiwary its new leader to oversee India operations. Manish has a long leadership experience, having enlightened two giants with his expertise, Amazon India and Hindustan Unilever. The Swiss Parent of Swiss recommended that Manish replace Suresh Narayana when he retires as Managing Director. Narayan…
Suryansh
Amazon Unveiled New Head Of India Consumer Business
The e-commerce giant Amazon has named its long-time executive Samir Kumar as the country manager a month after its domestic business head Manish Tiwary resigned. Tiwary stepped down amid intensifying competition in the market. Kumar has also been with Amazon for 25 years, and the company named him based on his dedication, skills, and knowledge….
India Vs The World: Ultimate Startup Showdown
In 2014, two young engineers, Sachin Bansal and Binny Bansal, Turned a mere bookstore into India’s largest e-commerce platform, Flipkart. It marked the beginning of the era of startups in India, which now stands toe-to-toe with startups worldwide. India has seen massive growth in the startup ecosystem. As of 2024, the country had over 127,000…
Vikas
Kamadeba Mohanty – Architect of Retail Innovation
The Indian retail industry has experienced a remarkable evolution, transitioning from traditional mom-and-pop and Kirana stores to the rise of organised retail giants like Shoppers Stop, Westside, and Big Bazaar. In recent years, digital platforms such as Flipkart and Amazon have further transformed retail, signalling a shift toward online shopping. This transformation has been driven…
John David
Zepto’s $1 Billion Boost: Quick Commerce is Taking Off!
Quick commerce in India continues to rise, with Zepto becoming the fastest-growing startup in the segment. Zepto raised nearly $1 billion in the last two months, with $665 million in June for a valuation of $3.6 billion and $340 million this month for a valuation of $5 billion. According to sources, Zepto was planning to…