Kalyan Krishnamurthy
Retail
E-commerce majors see strong growth in apparel, large appliances as festive sale kicks off
E-commerce giants Flipkart and Amazon India have seen a strong start to their festive sale with categories like apparel and large appliances driving record transactions and new customers coming on board.According to a PTI report: These companies have put...
Retail
Flipkart acquires Israeli startup Upstream to strenghten pricing capability
IANS -
India's leading e-tailer Flipkart on Tuesday said it has acquired Israel-based Upstream Commerce startup for an unspecified amount to strengthen its selection and pricing capability."The acquisition enables us to help sellers boost sales and serve customers better with Upstream's...
Retail
Flipkart’s 5-day festive e-shopping from Oct 10
IANS -
Ahead of India's Dussehra and Diwali festivals, e-tail major Flipkart will hold a five-day shopping binge from October 10, the company said on Monday."The fifth edition of 'The Big Billion Days' will be flagged off on October 10 on...
Retail
Disruption in e-commerce category has been because of Flipkart: CEO Kalyan Krishnamurthy
Disruption in e-commerce category has been because of Flipkart for the last 10 years and it would continue so for another decade, Chief Executive Officer of Flipkart, Kalyan Krishnamurthy said.According to a PTI report: Flipkart does not strategise business...
Retail
Flipkart acquires AI-led startup to get next 200 million online shoppers
In a move aimed at getting the next 200 million online shoppers to its platform, e-commerce major Flipkart has acquired Liv.ai, an artificial intelligence-led speech recognition startup. The company, however, did not disclose the deal amount.Post the acquisition, Liv.ai...
Retail
Flipkart unveils Indian version of eBay for refurbished goods
IANS -
Retail giant Walmart-owned leading e-tailer Flipkart on Wednesday unveiled a dedicated portal '2GUD' for refurbished goods, including mobile phones, laptops and tablets, a week after shutting its eBay India operations."The independent platform '2GUD' aims to bring affordability, accessibility and...
Retail
Flipkart launches ‘Flipkart Plus’, a customer-first benefits program
Flipkart, India’s largest e-commerce marketplace, has launched ‘Flipkart Plus’, designed to delight Indian customers. Flipkart Plus is an India-first program that is the result of years of rigorous data analysis, and Flipkart’s deep understanding of customer preferences.Flipkart Plus is...
Retail
Flipkart to shut eBay in India, launch new platform for refurbished goods
E-commerce major Flipkart will shut down eBay.in next month and launch a new platform for refurbished goods as it attempts to tap into a large market segment that is predominantly unorganised.According to a PTI report: Last year, Flipkart had...
Retail
No change in operating processes after Walmart deal, says Flipkart CEO Kalyan Krishnamurthy
Flipkart's Chief Executive Officer Kalyan Krishnamurthy has reached out to sellers on its platform and sought to reassure that there will be no changes in the operating processes of the Bengaluru-based firm as a result of the US $16-billion...
Retail
Flipkart eyes 40 pc share of India’s phone market
E-commerce major Flipkart said it has seen strong growth in handset sales on its platform and aims to touch 40 percent market share by 2020 as part of its 'Mobiles 40by20' strategy.According to a PTI report: Outlining the details,...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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