Tag: flipkart

Meesho: Indian e-commerce player Meesho's quarterly loss shrinks on rising orders
Posted in Startups

Meesho: Indian e-commerce player Meesho’s quarterly loss shrinks on rising orders

Indian online marketplace Meesho reported a narrower second-quarter loss on Wednesday, aided by rising orders and higher income from sellers paying to advertise on its…

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Meesho: Meesho expects stronger Q3 growth due to change in festive sale timeline
Posted in Startups

Meesho: Meesho expects stronger Q3 growth due to change in festive sale timeline

Value ecommerce platform Meesho expects stronger year-on-year (YoY) growth in the December quarter due to a shift in the timeline of its festive sale event,…

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Flipkart Earth: Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable products
Posted in Startups

Flipkart Earth: Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable products

Walmart-backed Flipkart is planning to launch Flipkart for Earth, a premium line focussed on environmentally friendly products, according to people in the know.The company has…

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Flipkart adds 14 million cu ft warehouse space, 750 pincodes ahead of festive season
Posted in Startups

Flipkart adds 14 million cu ft warehouse space, 750 pincodes ahead of festive season

Ecommerce marketplace Flipkart on Tuesday announced an expansion of its logistics network, adding 14 million cubic feet of warehousing space and extending its delivery footprint…

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Flipkart Ventures: Flipkart Ventures backs AI startups Alive and Keploy
Posted in Startups

Flipkart Ventures: Flipkart Ventures backs AI startups Alive and Keploy

Ecommerce major Flipkart’s investment arm, Flipkart Ventures, has invested in artificial intelligence (AI) startups Alive and Keploy as part of its efforts to support early-stage…

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Posted in Economy

India allows FDI in ecomm inventory model for exports

NEW DELHI: India on Thursday eased its FDI policy to allow foreign direct investment in the inventory-based model of ecommerce exclusively for export purposes, in…

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Scapia announces Rs 20 crore Esop buyback
Posted in Startups

Scapia announces Rs 20 crore Esop buyback

Travel-focussed fintech startup Scapia on Monday said that it has launched a Rs 20 crore Esop (employee stock ownership plan) buyback, allowing eligible employees to…

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Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far
Posted in Startups

Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far

Employee stock ownership plans (Esops) are becoming common in India’s startup ecosystem, letting employees cash out vested stock options before an IPO or acquisition. In…

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Flipkart revamps Shopsy to take on Meesho & Bazaar
Posted in Startups

Flipkart revamps Shopsy to take on Meesho & Bazaar

Quick commerce platforms may have intensified the competition in India’s largest cities, but they do not yet match Flipkart’s reach across smaller markets, said its…

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Posted in Startups

Quick commerce turning to reset lane as profit push tempers growth metrics

After several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in the January-March quarter, as they…

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