Flipkart launches fund to back early-stage start-ups, will target e-commerce, financial technology companies
The fund will target budding companies working in areas related to e-commerce, financial technology, payments and complementary spaces, Flipkart said
Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over
In a statement, Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.
Flipkart focussed on bringing next 200 mn Indians into e-commerce fold; betting big on grocery, furniture: CEO Kalyan Krishnamurthy
Krishnamurthy said Flipkart will continue to invest in innovation for consumers and sellers in the coming year as it focusses on "impactful, inclusive growth"
Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart
Kalyan Krishnamurthy will continue to be CEO of Flipkart, which will now include Myntra and Jabong, continuing to operate as separate platforms within the Flipkart business
Beginning in the third quarter of fiscal 2018, Walmart will consolidate the financial statements of Flipkart using a one-month lag
Walmart's $16 bn investment in Flipkart could negatively impact US retail giant's earnings per share in FY19
After months of discussions, Walmart had announced the mega deal to pick up 77 percent stake in Flipkart Group holding company that is registered in Singapore.