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Flipkart

Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore

Finance

01 November, 2022

Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore

Flipkart India Pvt. Limited, the B2B (business-to-business) vertical of the Walmart-owned company, reported a loss of Rs 3,404 crore for ......

Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Finance

28 October, 2022

Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Flipkart-owned fashion etailer Myntra’s losses widened 39% to Rs 597.6 crore during financial year 2021-2022 (FY22) from Rs 429 crore ......

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Finance

28 October, 2022

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Flipkart Internet Pvt. Ltd, which operates the e-commerce marketplace, recorded a 31% year-on-year jump in its revenues to Rs 10,659 ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......

Flipkart taps into metaverse to offer virtual shopping

TMT

17 October, 2022

Flipkart taps into metaverse to offer virtual shopping

Flipkart on Monday unveiled a metaverse-based shopping platform called Flipverse, in partnership with decentralized music and entertainment firm eDAO. The ......

Tracxn IPO oversubscribed on final day of IPO

Finance

12 October, 2022

Tracxn IPO oversubscribed on final day of IPO

Private intelligence and analytics firm Tracxn's last day of initial public offering (IPO) oversubscribed with total subscription at 2.01x, according ......

Tiger Global, Blume, others invest in Vecmocon

TMT

12 October, 2022

Tiger Global, Blume, others invest in Vecmocon

Deeptech electric vehicle (EV) startup Vecmocon Technologies Pvt. Ltd on Wednesday said it has secured $5.2 million (around Rs 41 ......

PhonePe shifts domicile from Singapore to India

Finance

03 October, 2022

PhonePe shifts domicile from Singapore to India

Walmart-owned PhonePe, on Monday announced that it has concluded the process of moving its domicile from Singapore to India. The ......

E-commerce companies clock sales of $3.5 bn in 4 days of festive season

Consumer

28 September, 2022

E-commerce companies clock sales of $3.5 bn in 4 days of festive season

E-commerce platforms clocked sales of ₹24,500 crore or $3.5 billion in the first four days of the festive season sales that ......

Amazon extends four-hour delivery to 50 locations in India

Consumer

23 September, 2022

Amazon extends four-hour delivery to 50 locations in India

Amazon India has expanded its same-day delivery option for Prime members, by taking it up a notch, to four-hour deliveries, ......