Page 4 - Flipkart

Shopsy intensifies efforts to tap millions of shoppers in rural India

The primary focus is on the Bharat consumer, particularly households with an annual income of less than Rs 10 lakh

Flipkart's 10-min quick commerce service 'Minutes' goes live in Bengaluru

The service has been launched across areas such as HSR Layout, Gunjur, Bellandur, and Kadubeesanahalli

Tech is reimagining how e-commerce is done: Flipkart's Jeyandran Venugopal

he spoke about how the firm is using generative artificial intelligence and other technologies

Flipkart Pay merges all payments, fintech offerings into unified interface

The e-commerce firm aims to provide customers a seamless payment experience as it gears up for the festive season

Only 21% Amazon workers in India say work environment is safe: Report

Ecommerce firm denies UNI Global Union's survey that claimed company sets difficult targets for warehouse workers and drivers

Flipkart expands digital payment offerings with five new categories

Indian e-commerce major Flipkart on Wednesday said it has partnered with payment solutions company BillDesk to expand its digital payment offerings with five new categories. The expansion includes recharge and bill payment categories, including FasTag, DTH recharges, landline, broadband, and mobile postpaid bill payments, on the Flipkart app. The home-grown marketplace has partnered with BillDesk to help integrate the new services with Bharat Bill Payments System (BBPS), developed by the National Payments Corporation of India (NPCI). The new services are in addition to the existing electricity bill payment and mobile prepaid recharge options. "We have diversified our selection of services in line with Flipkart's vision to simplify the digital payments journey for customers and further the government's vision of a cashless economy. "From buying their favourite products to addressing digital payment requirements, this enhancement has created a one-stop destination for customers to .

Accel and Flipkart-backed Zinka Logistics Solutions files DRHP for IPO

The IPO, with a face value of Rs 1 each, is a mix of fresh issuance of Rs 550 crore and an offer for sale of up to 21.61 million equity shares by promoters and investor selling shareholders

Former SoftBank managing partner Lydia Jett rejoins Flipkart's board

The Flipkart board also comprises HDFC chief executive Keki Mistry and senior Walmart executives

Flipkart sellers facing issue in changing price, firms denies intervention

Some sellers on Flipkart have complained about issues facing problems in changing the price of their products since May 18 after the e-commerce company introduced a new commission rate card. The Walmart group firm, however, denied any role in influencing pricing on the platform and said that it is working with sellers to help them understand the new rate card policy. "Around hundreds of our members are facing issues in changing their product price. In India, no one can sell above maximum retail price (MRP) and sellers can decide on charging belowP. Sellers have complained that they are unable to change the price after Flipkart issued the new rate card on May 18. Not all are facing this issue. Only select sellers are facing this problem," Vinod Kumar, Trustee, Forum for Internet Sellers, Traders and Resellers ( First India) said. He said that Flipkart has reached out to sellers with a promise that the issue will be resolved soon. The FDI norms bar any e-commerce player from interfer

Flipkart calls customer after six years of placing order, post goes viral

Flipkart surprised a customer by calling after six years for his pending order. He shared the experience on X; users reacted

Video commerce gains traction, people spent 2 mn hours shopping: Flipkart

Homegrown e-commerce platform Flipkart on Thursday said video as a format is rapidly gaining adoption and Indian customers have spent over 2 million hours on its video commerce offerings in the past one year. India is one of the top consumers of internet data, and with Indian consumers becoming increasingly tech-savvy and digitally inclined, video commerce in the country promises great potential. According to Flipkart Indians have spent over 2 million hours on its video commerce offerings, from June 2023 to May 2024. Tier 2 and tier 3 regions comprised 65 per cent of overall video commerce engagement, mostly in categories like fashion, beauty, personal care, home decor and furnishing. The maximum viewership clocked on a single live commerce video was 1.4 million, it added. "Video as a format is rapidly gaining adoption, especially among women in tier 2 and tier 3 regions, millennials and the Gen Z audience pan India. The top 5 cities leading the way for Flipkart's Video Commerce ..

Negative one to zero: Can South Park Commons become India's Y-Combinator?

South Park Commons is a tech startup community and early stage venture fund

Flipkart group launches super.money to re-enter India's fintech space

Apart from payments on Unified Payments Interface (UPI), the platform will offer services such as credit, deposit, credit card, among others

Amazon, Flipkart target small towns to expand personal care business

India's beauty and personal care market, which saw a fourfold increase from 2006 to 2022, is expected to multiply fivefold over the next 15 years

India 'great destination' for tech IPOs, markets welcoming: Binny Bansal

Flipkart co-founder pioneer acknowledges quick commerce model working well despite his scepticism

India is a better destination for tech IPOs: Binny Bansal to entrepreneurs

Binny Bansal also acknowledged that the quick commerce model is working well in India despite his scepticism

Govt steps help boost toy making, exports; more work needed: DPIIT secy

Government measures such as mandatory quality control orders and increasing customs duty have helped boost exports of toys from India, but there is a need to do much more for the sector, a top official said on Wednesday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh also indicated that they are diligently pursuing the proposal of extending fiscal incentives under the production-linked incentive scheme for the sector. He said that the industry is wondering about one proposed major policy intervention and "let me assure you that we are still pursuing that". In the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for the Production Linked Incentive (PLI) scheme for toys to boost domestic manufacturing of the sector. As the scheme is yet to be cleared by the Union Cabinet, the interim Budget has made a token provision of Rs 1 lakh towards the scheme for 2024-25. The scheme a

DPIIT, Flipkart, toy makers to meet on Jun 12 on ways to increase sourcing

Senior officials from the Commerce and Industry Ministry, Walmart group firm Flipkart and domestic toy makers will discuss on Thursday ways to increase sourcing and immediate onboarding of manufacturers on the e-commerce platform, an industry official said. The official said that to make India a global manufacturing hub for toys, the government has undertaken a series of initiatives, and in this context, the Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Flipkart, is organising this workshop to enhance India's position and capabilities in the global toy supply chain. "This shall help in upskilling/reskilling the domestic workforce to produce innovative and high-quality toys," the official added. The US-based retail giant Walmart is looking to source toys from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. Last year, the company informed toy makers about their requirements an

Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit

With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022

New updates: Sonia Gandhi unanimously elected as Congress Parliamentary Party chairperson

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