Tag: flipkart

[Roundup] Myntra, PubMatic, Klout, Citrus Pay, Indix

[Roundup] Myntra, PubMatic, Klout, Citrus Pay, Indix

A merger between ecommerce leaders Flipkart and Myntra may still be on the table, suggests TechCircle in a new report, quoting sources. The report also suggests that while Myntra founder Mukesh Bansal may not be in favour of the same, the common investors in the two companies, notably Tiger Global and Accel Partners are keen. […]

By March 29, 2014 Read More →
[Roundup] Flipkart, Koovs, Salorix, Savetime, ShopAlike

[Roundup] Flipkart, Koovs, Salorix, Savetime, ShopAlike

Two significant ecommerce related developments to close the week. Bangalore based Flipkart is announcing that it has hit an annual GMV (gross merchandize value) of $1 billion, a year ahead of the 2015 target that the company had set to meet that milestone. Remember though that GMV is only total value of products sold, not […]

By March 8, 2014 Read More →
[Briefly] BearShop, LensKart, Wit Innovation, Yebhi, Flipkart

[Briefly] BearShop, LensKart, Wit Innovation, Yebhi, Flipkart

We’ve been reporting a lot lately on price comparison sites starting up, raising funds, etc. Here’s some news on one shutting down. BearShop, a Mumbai-based player in the space which started up two years ago, has shut down operations. The founders have moved on to a new service called BugClipper. There’s a notice up on […]

By February 6, 2014 Read More →
Is Flipkart wooing Myntra with a merger offer? — Report

Is Flipkart wooing Myntra with a merger offer? — Report

If this is true, we could be looking at the mother of mergers in India’s buzzing ecommerce sector. The Times of India is reporting that Bangalore-headquartered ecommerce heavyweight Flipkart has approached rival Myntra, also based in Bangalore, with a merger offer. The report quotes “people directly aware of the matter”. Myntra, no lightweight itself, has […]

By January 30, 2014 Read More →
Flipkart launches ‘in-a-day’ delivery service in seven cities

Flipkart launches ‘in-a-day’ delivery service in seven cities

Well, it’s not quite as exciting as the Amazon ‘delivery drones’ but this is as close as we can get to super-fast delivery in the Indian ecommerce market. Flipkart, the Bangalore-headquartered ecommerce company, is announcing the launch of its ‘In-a-day Guarantee’ service. Customers in select cities who place their orders before 6 PM will now […]

By December 10, 2013 Read More →
Flipkart raises $160 mn from Dragoneer, Vulcan Capital, others

Flipkart raises $160 mn from Dragoneer, Vulcan Capital, others

Flipkart, the Bangalore-headquartered ecommerce company backed by Tiger Global and Naspers, is announcing that it has raised $160 million in a fresh tranche of funding to add to the $200 million growth round of funding that it started raising in July. New investors in this round include Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina […]

[Briefly] Flipkart, Sarthi Angel Foundation, SVP

[Briefly] Flipkart, Sarthi Angel Foundation, SVP

Seattle-headquartered Social Venture Partners (SVP), a philanthropic community that invests in non-profits, has set up its Pune chapter, thus expanding its presence further in India, reports Business Standard. SVP entered the Indian market with a chapter in Bangalore last year. SVP’s grant sizes start from Rs 5 lakh. Ganesh Natarajan, vice chairman and CEO of […]

By September 3, 2013 Comments Read More →
Flipkart raises $200 mn fresh round; total funds raised at $380 mn

Flipkart raises $200 mn fresh round; total funds raised at $380 mn

Bangalore-headquartered ecommerce company Flipkart is announcing that it has raised $200 million in a fresh round of funding from existing investors Naspers, Tiger Global and Accel Partners, its largest fund raise till date. This takes the total funds raised by the company to $381 million — the highest that any Indian ecommerce company has raised […]

Post PayZippy, Flipkart lines up prepaid wallet launch

Post PayZippy, Flipkart lines up prepaid wallet launch

Flipkart Payment Gateway Services, an arm of Bangalore-based ecommerce company Flipkart, plans to launch a semi-closed prepaid wallet for consumers through its online payment solutions PayZippy, reports Medianama. The company is in the process of getting a license for the same from the Reserve Bank of India, says the report, quoting Mekin Maheshwari, head of […]

Flipkart launches payment gateway solution PayZippy

Flipkart launches payment gateway solution PayZippy

Flipkart Payment Gateway Services, an arm of Bangalore-based ecommerce company Flipkart, has launched PayZippy, an online payments solution which is currently available to Indian merchants. A consumer-facing product is in the pipeline and will be launched soon. The launch version of PayZippy powers card payments for domestic merchant websites and mobile sites.   PayZippy will […]