Ekart

Flipkart bet pays off: From modest beginnings to the Walmart nuptial; what's next for the Bansals?

Flipkart, Bansals' e-commerce bet finally has paid off big time and set the 2018 M&A counters ringing with US retailer Walmart buying about 77 percent stake in Flipkart for $16 billion.

Walmart set to announce much-awaited $20-bn deal to buy Flipkart today: Key facts you should know

The Walmart deal is likely to value Flipkart at roughly $18 billion to $20 billion.

Flipkart sees another high profile exit, COO Nitin Seth resigns shortly after Jan promotion

Seth was in charge of handling logistics arm Ekart and corporate functions like strategy and human resources

Flipkart shuts customer-to-customer delivery via Ekart to consolidate its supply chain arm

Flipkart has is said to have shut down its customer-to-customer courier service after nine months of its launch.

Flipkart rejigs top order to 'simplify' organisation

Flipkart has rejigged its top deck yet again, carving a bigger role for head of 'category design management' Kalyan Krishnamurthy among other changes, to create a "top-team with clear accountabilities".

Flipkart's valuation marked down again signalling continuing pain in E-commerce

Flipkart will be merging the engineering departments of logistics arm Ekart and the advertising and ecommerce units

Flipkart logistics arm unveils courier service

Leading e-tailer Flipkart's logistics arm Ekart launched courier service to deliver parcels to its customers and streamline the fragmented courier market across the country.

Flipkart to continue funding discounts, says Sachin Bansal

E-commerce major Flipkart will continue to fund discounts to win customers and stay ahead of the competition while investing in back-end operations, the company's co-founder and chief executive Sachin Bansal said here today.

Big reshuffle at Flipkart: Binny Bansal named CEO and Sachin Bansal executive chairman

Sachin Bansal, CEO and co-founder of Flipkart, will be the Executive Chairman of the company

Snapdeal beefs up logistics play to tackle festival rush, all deliveries within 24 hrs

The GoJavas partnership has also enabed four-hour delivery service for Snapdeal exclusive launches and returns by customers to be picked up within 90 minutes in 50 cities.