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Tiger Fund increases equity stake in Flipkart

The US-based hedge fund, Tiger Fund, increased its equity holding in India's leading etailer Flipkart by buying 54,596 shares of...

IPO in long-term strategy, currently focused on e-commerce growth in India: Flipkart

An initial public offering (IPO) is part of Flipkart's ambition and long-term strategy, but the Walmart-owned company is currently focused...

How online space is shaping the business of fashion brands in India

E-commerce and fashion are two sides of the same coin. They have many similar features including being dynamic, being fast...

Walmart CEO Doug McMillon says ‘committed’ to Indian market

Almost a year into writing a US$ 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail...

Myntra taps 9,000 kirana stores in 50 cities to boost last-mile delivery

Flipkart-owned ecommerce platform Myntra that saw 80 percent revenue fall in FY2018 has doubled down on last-mile delivery, tapping into...

Binny Bansal resigns as Flipkart CEO

Flipkart Group Chief Executive Officer (CEO) Binny Bansal resigned on Tuesday over an alleged 'serious personal misconduct', the company said. "Bansal's...

Myntra launches loyalty program, ‘Myntra Insider’

Myntra has announced the launch of its loyalty program, Myntra Insider. A first of its kind in the country, the...

Myntra expects 8x sales during 8th edition of EORS

Myntra’s End of Reason Sale (EORS) is being held between June 22-25. The 8th edition of the mega fashion sale...

Flipkart’s ecosystem true advantage to Walmart: Official

Walmart believes Flipkart's 'ecosystem' of businesses, including Myntra-Jabong and PhonePe which are part of its mega US $16 billion deal...

Walmart-Flipkart US $16 billion deal: A 16-point fact sheet on how both companies entered India in 2007

The following are the highlights of the Indian e-commerce giant Flipkart, in which US-based Walmart has bought 77 percent stake...

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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023 Mumbai: India's overall gems...