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Flipkart may invest in loyalty rewards startup

TMT

01 July, 2019

Flipkart may invest in loyalty rewards startup

Walmart-owned e-commerce giant Flipkart is in talks to invest in a company that offers services related to loyalty-based rewards, a ......

Binny Bansal sells more shares of Flipkart to parent Walmart

People

24 June, 2019

Binny Bansal sells more shares of Flipkart to parent Walmart

Flipkart co-founder Binny Bansal, who had resigned as group chief executive officer of the homegrown e-commerce firm following allegations of ......

Why Amazon, Flipkart are not keen to fully take part in CCI's e-commerce study

TMT

28 May, 2019

Why Amazon, Flipkart are not keen to fully take part in CCI's e-commerce study

Amazon.com Inc and Walmart Inc’s Flipkart are unlikely to fully participate in an Indian antitrust body’s study of the e-commerce ......

Foreign investors hope PM Modi dials back policy shocks after big election win

General

24 May, 2019

Foreign investors hope PM Modi dials back policy shocks after big election win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now ......

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Private markets investment management firm Adams Street looks to expand India footprint

Finance

20 May, 2019

Private markets investment management firm Adams Street looks to expand India footprint

Adams Street Partners LLC, a US-based private markets investment management firm, may weigh the possibility of making direct venture-style bets ......

Spencer's Retail to buy Nature's Basket for $43 mn

Consumer

17 May, 2019

Spencer's Retail to buy Nature's Basket for $43 mn

Spencer's Retail Ltd, part of RP Sanjiv Goenka Group, has agreed to acquire upmarket grocery chain Nature's Basket from Godrej ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

Citigroup looks to expand India retail banking business with Paytm tie-up

India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......

Amazon feels little impact of compliance with new Indian e-tail rules as profit soars

TMT

26 April, 2019

Amazon feels little impact of compliance with new Indian e-tail rules as profit soars

Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two ......

Amazon to shut local marketplace in China as it continues India expansion

TMT

18 April, 2019

Amazon to shut local marketplace in China as it continues India expansion

Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on ......

Emily McNeal to head Flipkart's $60-100 mn startup fund

Finance

27 March, 2019

Emily McNeal to head Flipkart's $60-100 mn startup fund

Homegrown e-commerce giant Flipkart, one of the storied companies built through venture capital funding till its acquisition by Walmart Inc. ......