Flipkart appoints new chief financial officer; Sriram Venkatraman succeeds Emily McNeal, takes charge today
Walmart-owned Flipkart on Tuesday said it has appointed Sriram Venkataraman as the Chief Financial Officer for Flipkart Commerce (Flipkart and Myntra) with immediate effect
Flipkart formally closes down fashion portal Jabong 4 years after acquisition; to focus fully on Myntra for apparel business
In July last year, it was hinted that Walmart-owned Flipkart might close down Jabong after the e-commerce firm had started diverting the shoppers to its own e-commerce firm Myntra.
The police say it is still investigating if the said data was with them by authorisation of the respective companies.
Accel was one of the first investors in some of India’s marquee startups such as Flipkart, Ola, Myntra, Freshworks, Swiggy, and UrbanClap.
Chiratae is the new avatar of IDG Ventures, which has carved out space for itself in early-stage investing in startups.
Flipkart-owned Myntra has seen a manifold rise in net loss to Rs 539.20 crore in FY2018-19, according to regulatory documents
Jabong may cease to exist as independent brand after parent firm Flipkart redirects shoppers to Myntra
In July 2016, Flipkart's Bengaluru-headquartered fashion e-commerce company Myntra had acquired Jabong for $70 million.
Flipkart issues ESOPs worth $100 million to senior and middle-level staff as part of efforts to retain key talent
Some employees of Flipkart were given shares worth their full-year salary, while others received shares equivalent to their six-month remuneration, it said
The government has banned e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest
Flipkart’s Amar Nagaram has been named as the head of Myntra and Jabong.
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.
Myntra narrows consolidated losses to Rs 178.7 cr for 2017-18; total income grows threefold to Rs 427.4 crore
Myntra attributed the growth to the company's strategic initiative of hiving off its B2B business
Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy.
Walmart-Flipkart deal: Income Tax Department issues notices to Sachin and Binny Bansal on capital gains
The deal, wherein co-founder Sachin Bansal and Japan's Softbank Corp Group exited, valued Flipkart at $20.8 billion.
After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continue
Bengaluru-based Myntra, which was bought by Flipkart in 2014, could also see a job cut of up to 500 people
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
Walmart earlier this year agreed to pay $16 billion for a roughly 77 percent stake in Flipkart.
Myntra launches Fashion House of Pataudi with offerings inspired by heritage looms of royal households
House of Pataudi will have both men's and women's fashion wear.
Walmart offer: Flipkart employees to turn millionaires as US retail giant to buy ESOPs worth $800 mn
Last December, Flipkart had bought back ESOPs worth over $100 million from over 3,000 current and former employees as well as its other units, such as Myntra, Jabong and PhonePe.
Amazon India unveils Hindi mobile website, Android app in a bid to make deeper inroads into e-commerce market
None of India’s other leading e-commerce portals - Flipkart, Snapdeal or Paytm Mall - currently have a local language version of their apps or websites