Flipkart

Vying For A Bigger Piece of India’s Online Retail Space: Amazon And Flipkart Offer Similar Take Rates!

The two e-commerce giants Amazon and Flipkart, are battling at a breakneck pace when it comes to offering take rates. According to an analysis done by Jefferies, an American brokerage firm, for low-value items (which cost less than Rs 2,000),...

Flipkart IPO With $35 Billion Valuation: Walmart to take the SPAC Route

Flipkart IPO could turn out to be the biggest success story of an Indian startup unicorn. The face of the Indian e-commerce, Walmart-owned Flipkart has certainly quickened its steps towards a much-awaited IPO. The path it has zeroed in...

Tata Group NUE To Have Flipkart, MasterCard, Airtel Digital By Its Side

The Tata Groups’ foray into the bidding process for acquiring an NUE license is attracting several partnerships. As RBI is committed to pushing the digital payments to a great level of usage, it's offering a limited number of licenses to...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right! People in the know have revealed that the Walmart-backed homegrown e-commerce major plans to introduce a new tier of...

Jabong is Finally Buried: Walmart Sets Its Priorities For Flipkart IPO!

At long last, Flipkart has performed the sacrificial rites of Jabong, with sights set on the much-awaited IPO. The burial of Myntra’s strapped cousin comes three months on the back of Walmart announcing it had taken non-cash impairment charges of...

After Ola and Uber, Now Swiggy And Flipkart Under Probe For Tax Evasion: What’s Brewing?

A few days ago, reports emerged about Ola and Uber coming under the scanner of Directorate General of Goods and Services Tax Intelligence aka DGGI for tax evasion. Now, Swiggy and Flipkart are suffering to the same fate as...

Revenue Of Amazon India Wholesale Tumbled Down 70% In FY20

Oh, how changes in the government’s diktat can fell even the mighty. Going by the reports today, it looks like Amazon India’s wholesale unit has found that out the bitter way. According to regulatory documents sourced from business intelligence platform...

Exclusive: PhonePe Raises ₹5,000 Crore At A Valuation of ₹45,000 Crore

The digital payment company PhonePe has raised Rs 5,000 crore (approx $690 million) in a fresh round of funding. After the new round of investment, the company is now valued Rs 45,000 crore (post-money valuation) that will help the...

Backed By First-Time Shoppers, Flipkart And Amazon Dominated Festive Online Sales in India

It seems like Flipkart and Amazon squeezed the most out of the month-long festive season in India as they have minted close to $7.3 billion in combined sales!E-commerce received a massive influx of new online shoppers as offline retail...

Amazon Gets Slapped With Penalty As GOI Prepares To Tighten The Noose On Ecommerce Players!

In a recent move, the Indian Government slapped Amazon on its wrist for not mentioning the country of origin detail for products listed on its platform. According to a senior official from the Consumer Affairs Ministry, as this was the...
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Kharagpur Data Science Hackathon 2025: Bigger, Bolder, and More Exciting Than Ever!

The Kharagpur Data Analytics Group, a student-driven research society at IIT Kharagpur, proudly presents the 5th edition of the...
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