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Snapdeal leaves shoppers high and dry on sales day [Type: News]
Snapdeal, one of the country's largest online retailers, did a Flipkart on Tuesday, failing to deliver on its promises of big discounts and speedy deliveries on its Savings Day sale. The mess-up evoked the ire of hundreds of online shoppers, who ...
Career Community for Women Sheroes Raised Rs 5Cr from Angel Round By Raghav Bahl-Owned Quintillion M [Type: News]
 Noida-based, career destination for women professionals, Sheroes has raised Rs. 5 crore in angel round of funding led by Raghav Bahl-owned Quintillion Media and 500 Startups. Rajan Anandan, Vijay Shekhar Sharma and Binny Bansal are also partici ...
Flipkart Launch Flipskool For Employee Development [Type: News]
E-commerce major Flipkart will launch its internal knowledge management engine Flipkart University, under the brand Flipskool in April this year. Flipkart University, a vehicle for its employees to accelerate their learning, will be headed by chief l ...
India Largest eCommerce Firm Flipkart Shuts Down Its Grocery Delivery App Nearby [Type: News]
India’s largest e-commerce firm Flipkart Ltd will shut its groceries delivery app, Nearby, less than five months after the company started testing it, two people familiar with the matter said.   The Nearby app was launched as an experime ...
McKinsey Director Krishnamurthy joins Flipkart team as COO of commerce division [Type: News]
Flipkart has reportedly hired McKinsey director Saikiran Krishnamurthy, a leading strategy expert, as Chief Operating Officer of its commerce division, adding muscle to the newly carved-out unit under Mukesh Bansal, reports the Economic Times. Acc ...
Flipkart launches tech platform for developers [Type: News]
India's largest online retailer, Flipkart is following the footsteps of Google and Facebook by opening up its technology platform for retailers. Flipkart is inviting software coders to build new applications on its technology platforms which may ben ...
Tracxn Raises Fresh Funding From Mohandas Pai Nandan Nilekani And Others [Type: News]
Tracxn Technologies Pvt. Ltd. has raised an undisclosed amount of funding from a group of angel investors including Nandan Nilekani, Mohandas Pai, WhatsApp vice-president Neeraj Arora and Junglee co-founder Anand Rajaraman, among others.   Jap ...
Flipkart rejigs top management, hands over more responsibility to Myntra founder Mukesh Bansal [Type: News]
Flipkart has rejigged its top management, handing over more responsibility to Mukesh Bansal, the founder of fashion portal Myntra which was acquired by India's largest online retailer earlier this year. The reshuffle will also result in a higher ...
Roposo Raises $5 Million From Bertelsmann India Joins Tiger Global To Close Round [Type: News]
Roposo, fashion social network has raised funds worth US $5 million from Bertelsmann India Investments (BII), the strategic investment arm of the international media, services and education group. With this, Bertelsmann has closed the second leg of S ...
Bansals get new roles in Flipkart recast [Type: News]
India's largest online retailer Flipkart has undertaken a massive reorganization at a time when the e-tailer is looking to prune its losses and make itself IPO ready. Under the new structure, Flipkart will be split into three verticals to bring a sha ...
Online Retail Giant Flipkart Raise Over 1.4 Bn In New Round [Type: News]
Online retail giant Flipkart is ready for another round of funding. It is reported that Flipkart is in talks with investors to raise about $1.4 Bn (INR 9,200 Cr) in a new funding round to be led by existing and a few new investors.   It is spe ...
FDI tussle triggers debate arketplace definition Flipkart Snapdeal oppose opening up Indias ecommerc [Type: News]
BANGALORE: E-commerce juggernaut Flipkart has approached real estate developers for 1.5 million sq ft office space to consolidate its rapidly expanding operations in Bangalore.Flipkart needs 4 lakh sq ft soon and would opt for staggered occupation of ...
Alibaba chief Jack Ma ready for bigger play in India’s e-commerce industry [Type: News]
Alibaba's Jack Ma has given the clearest indication yet that the world's largest ecommerce group is ready for a bigger play in India's online retail industry, likely making the country one of the fiercest battlegrounds for global consumer Inter ...
Logistics Startup BlackBuck Raises 25M Dollar From Tiger Global Accel Partners Flipkart and Apoletto [Type: News]
BlackBuck, a business-to-business logistics startup, has raised $25 million in Series B funding from Tiger Global and other investors. Russian billionaire-investor Yuri Milner’s Apoletto fund and existing investors Accel Partners and Flipkart a ...
In Battle With Amazon, Flipkart Says It Is Going Back To Basics [Type: News]
India’s largest e-commerce marketplace Flipkart says it is renewing its focus on execution and is on the path to profitability. A little over four months after co-founder Binny Bansal took over as chief executive, he said that the focus on grow ...
Tracxn raises $10M to fund startup incubator TracxnLabs [Type: News]
Tracxn, a research platform for private market investors, has raised $10 million in a round of funding led by Sachin Bansal and Binny Bansal of Flipkart along with other individual investors. The platform will use the funding to launch an incubator c ...
Flipkart Secures Rs 4500-crore Fund Round in Big eCommerce Race Amazon readying $5 bn War Chest Plan [Type: News]
Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.   New York-based ...
Flipkart and Snapdeal sell products worth Rs 600 crore each in a day [Type: News]
In one of the biggest sales days in Indian online retail market, Flipkart and Snapdeal on Monday sold products worth an estimated Rs 600 crore each even as customers complained about technical glitches, while global e-retailer Amazon continued its ow ...
Indian e-commerce firm Flipkart tries to outdo Amazon [Type: News]
When they were starting out, Sachin Bansal and Binny Bansal would get on a motorbike to make the rounds of book warehouses across Bangalore, ride back to their two-bedroom apartment and package orders for online custo ...
Fashion Portal Roposo.com raises $5 million funding led by Tiger Global [Type: News]
Fashion-focused social network, Roposo.com today said they have raised USD 5 million funding led by technology venture investor Tiger Global. Roposo.com raised USD 5 million (over Rs 31 crore) series A investment led by the technology venture inv ...
Flipkart buys Diwalidhamaka domain name [Type: News]
The festive months of September and October are extremely important for e-commerce companies like Amazon, Flipkart, Snapdeal and others.  To capitalize on the festive season sales Amazon kicked off its Diwali Dhamaka sale, while Flipkart called ...
FlipKart founders Sachin and Binny Bansal feature in Fortune Magazine’s under 40 list [Type: News]
Sachin and Binny Bansal, the poster boys ofnnecommerce in India, and the co-founders of FlipKart, have been named in Fortune'snnyoung achievers list for their initiatives in creating job opportunities. Accordingnnto '40 under 40' list prepared by For ...
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