Flipkart Ventures announces investment in five tech startups

Flipkart has announced that its venture investing arm, Flipkart Ventures, is supporting five early-stage startups through its accelerator program called Flipkart Leap Ahead (FLA). Continue reading “Flipkart Ventures announces investment in five tech startups”

Flipkart exchange program for non-functional Smartphones, Appliances launched

Flipkart has introduced an Exchange Program to enable customers to exchange their non-functional appliances, smartphones, and feature phones, hand-in-hand exchange of upgraded products. Continue reading “Flipkart exchange program for non-functional Smartphones, Appliances launched”

Flipkart Summer Big Saving Days sale: Deals on smartphones, TVs, Laptops and more

The Summer Big Saving Days sale by Flipkart, in collaboration with Fire-Boltt, has commenced from today and will continue until May 10th. The sale comprises of enticing discounts and lucrative offers on an extensive range of products, including mobile phones, electronic appliances, accessories, and more. Continue reading “Flipkart Summer Big Saving Days sale: Deals on smartphones, TVs, Laptops and more”

PhonePe secures $12 Billion valuation with $350 million funding from General Atlantic

PhonePe, a leading fintech platform in India, has raised $350 million in funding from General Atlantic at a valuation of $12 billion, according to the announcement from the company. Continue reading “PhonePe secures $12 Billion valuation with $350 million funding from General Atlantic”

Flipkart Big Saving Days sale: Top Deals on smartphones, Smartwatches and more

Flipkart has kicked off its Big Saving Days sale from January 15th to January 20th, which is powered by POCO. The sale features deals and offers on mobile phones. Continue reading “Flipkart Big Saving Days sale: Top Deals on smartphones, Smartwatches and more”

Pocket FM partners with Flipkart for selling its audiobooks

Audiobooks and podcasts have grown in popularity in recent years, and people have grown accustomed to them because they can be listened to on the go. With an estimated 25 million audiobook listeners, India is currently ranked third in the globe. The possibility for audiobooks is predicted to quadruple in the next few years, driven by the ability of audio storytelling and availability in Indian languages. Continue reading “Pocket FM partners with Flipkart for selling its audiobooks”

Flipkart introduces Flipkart Labs to bring new technologies to ecommerce space

Flipkart, an Indian e-commerce marketplace, today ordered the formation of Flipkart Labs with the goal of building and developing technology-based solutions that would reinvent e-commerce and improve the customer shopping experience. The Lab’s primary objective will be to integrate developing technology into ecommerce systems. Flipkart Labs will be based under the Flipkart Group’s Product Strategy & Deployment (PSD) division and will collaborate with professionals to develop technical solutions in this field. Continue reading “Flipkart introduces Flipkart Labs to bring new technologies to ecommerce space”

Flipkart acquires ANS Commerce to strengthen its e-commerce ecosystem

Flipkart, a Walmart-owned e-tailer, announced the acquisition of ANS Commerce, a direct-to-consumer (D2C) software-as-a-service (SaaS) platform, for an unknown value. The deal is still going on, and it’s expected to close in the second half of 2022, subject to “customary closing conditions,” says the company. Continue reading “Flipkart acquires ANS Commerce to strengthen its e-commerce ecosystem”

Flipkart co-founder Binny Bansal steps down as CEO

Binny Bansal has announced his resignation as CEO of Flipkart Group, effective immediately. Though being an important part of Flipkart since co-founding the company, but owing to the recent events Binny has made a decision to step down. Continue reading “Flipkart co-founder Binny Bansal steps down as CEO”

Online smartphone shipments in India grows 65% YoY in Q2 2018, Xiaomi leads with 54% share: Canalys

The online smartphone market in India is expected to surpass 15 million units in Q3 2018 with a growth of more than 25% year-on-year and expected to account a record 38% of the total smartphone market. In Q2 2018, online channels including Flipkart, Amazon, PayTm Mall, mi.com, OnePlus.com grabbed 35% share, growing 65% year-on-year. Continue reading “Online smartphone shipments in India grows 65% YoY in Q2 2018, Xiaomi leads with 54% share: Canalys”

Flipkart forays into insurance market starting with complete mobile protection program

Flipkart New Logo

Flipkart has announced that it is foraying into insurance after securing a corporate agent license. The company will offer customized insurance solutions to power its Complete Mobile Protection program for all leading mobile brands being sold on its platform in partnership with Bajaj Allianz General Insurance. It will offer both cash payout option or free pick up, service and drop convenience to customers. Continue reading “Flipkart forays into insurance market starting with complete mobile protection program”

Flipkart said to be eyeing stakes in Hotstar to enter video streaming service

Flipkart New Logo

Flipkart is said to have held talks to buy a stake in Star India’s Hotstar streaming service. This move comes as a part of retailers strategy to grow big on video content and attract more Internet consumers and shoppers, according to people aware with the matter. Continue reading “Flipkart said to be eyeing stakes in Hotstar to enter video streaming service”

Flipkart launches 2GUD e-commerce portal for refurbished goods

Flipkart 2GUD

Flipkart after acquiring eBay.in last year has recently shut down its Indian operations. Now after closing it down for good, Flipkart launched a brand new platform to sell refurbished products; the platform is named 2GUD. It is more or less like any other e-commerce site selling electronic items but contains only certified refurbished products at low prices. Continue reading “Flipkart launches 2GUD e-commerce portal for refurbished goods”

Flipkart acquires AI speech-recognition startup Liv.ai

Flipkart has announced that it has acquired Liv.ai which is an AI-led speech-recognition startup that has developed a speech-to-text platform supporting 10 Indian languages. This acquisition would become part of Flipkart’s center voice solution, and help accelerate an end-to-end conversational shopping experience. Continue reading “Flipkart acquires AI speech-recognition startup Liv.ai”