Flipkart
Retail
Jabong expects 20-30 pc growth this fiscal: CEO Sanjeev Mohanty
Online fashion retailer Jabong, which is reportedly on block for sale, said it expects to clock 20-30 per cent growth in sales this year as it charts a turnaround in business.
According to a PTI report: Stating that he is...
Fashion & Lifestyle
Sanjeev Mohanty quits Jabong, to head Levi's India
Jabong CEO Sanjeev Mohanty has quit the ailing fashion e-tailer and is likely to be named the new India head of Levi's. According to The Economic Times, Mohanty is expected to take up the new assignment once Jabong's ongoing discussions...
Retail
Flipkart legal head Rajinder Sharma quits
Flipkart general counsel and legal head Rajinder Sharma has resigned from the company, joining the growing list of senior managers to leave the online marketplace this year.
Sharma, who was earlier the legal head at Samsung Electronics Co. Ltd’s south...
Fashion & Lifestyle
Flipkart, Alibaba, Future Group, Abof in race to acquire Jabong
The race to buy online fashion retailer Jabong is heating up with Alibaba, Future Group, Flipkart's unit Myntra, Aditya Birla's e-commerce venture Abof and Snapdeal reportedly negotiating to acquire the online fashion portal.
Jabong is in initial talks with the...
Research
Flipkart appears to be India's most preferred e-commerce platform
India's most trusted e-commerce brand Flipkart has emerged as the most preferred platform across the nation. The e-commerce portal stands out on the customers preferences, reported a consumer study conducted by research firm Red Seer Consulting.
According to a ANI...
Retail
Now, you can shop from Flipkart with SBI EMIs
State Bank of India has tied up with online shopping major Flipkart to offer consumer durables purchase on EMIs to its account holders.
According to a PTI report: Personal loan interest (14 per cent) will apply for the purchase.
"This is...
Retail
Invoking Uber, Flipkart Chairman Sachin Bansal says markdowns don't matter
Battling successive markdowns in valuation by investors and third-parties, Flipkart's Chairman Sachin Bansal has said such cuts are their opinions and cited the case of Uber to illustrate that it will not impact fundraising plans of the e-commerce major.
"That...
Retail
US mutual fund Vanguard slashes Flipkart value by 25 pc
A Vanguard-managed mutual fund has marked down the value of its shares in Flipkart by 25Â per cent, the fund has disclosed last month. This is the sixth markdown for the Indian e-commerce behemoth.
A fund managed by Morgan Stanley has...
Food
Why e-grocery firms are walking the path of doom
With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments.
All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...
Retail
Flipkart to sell Royal Enfield gear, accessories
Niche bike maker Royal Enfield has joined hands with e-commerce major Flipkart to sell its branded gear and accessories.
According to a PTI report: This is for the first time Royal Enfield has partnered with a third-party for sale of...
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Latest News
Newme raises $18 million in series A funding
The funding round was led by venture capital firm Accel with participation from existing investors including Fireside Ventures and...
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