Tag: Flipkart

Flipkart makes revised offer to buy rival Snapdeal

Flipkart makes revised offer to buy rival Snapdeal

Leading e-commerce Company, Flipkart is believed to have sent a revised offer of $900-950 million that is approximately (Rs 5,466 crore) to buy a smaller rival, Snapdeal. The Bengaluru-based firm has offered to pay the said amount for buying troubled e-retailer Snapdeal’s online marketplace and Unicommerce, two people privy to the[Read More…]

Flipkart to offer Moto C Plus online from June 19

Flipkart to offer Moto C Plus online from June 19

Following its launch in India in May, Lenovo’s Moto C Plus will be available online on e-commerce site, Flipkart, from June 19. The website has just confirmed this news. The phone is available at Rs 5,999 offline. Flipkart has listed the Moto C Plus on its site and mentioned that[Read More…]

Snapdeal increases authorised capital from Rs 10 lakh to Rs 15 crore

Snapdeal in talks for a potential sale

Indian e-commerce company Snapdeal after having struggled to raised funds is in talks with Paytm-E-Commerce and Flipkart India for a potential sale as per LiveMint reports. However, the talks are still in its initial stages, Japan’s SoftBank which has invested roughly $900 million of the $2 billion or so raised by Snapdeal,[Read More…]

Flipkart appoints Kalyan Krishnamurthy as new CEO

India’s top e-commerce firm Flipkart on Monday appointed Kalyan Krishnamurthy as its new CEO, replacing co-founders Binny Bansal. Bansal has been given the position of Group CEO. Krishnamurthy associated with Flipkart in June 2016. He was intensely involved in the company’s revamping process. This was Krishnamurthy’s second shift with the[Read More…]

Flipkart CFO Sanjay Baweja resigns

Flipkart Chief Financial Officer Sanjay Baweja has put in his papers after a two-year stint, marking the latest high level exit at the Bengaluru based e-commerce company. “Flipkart CFO Sanjay Baweja has quit. The company has started searching for his replacement. Baweja will continue to work with company till December[Read More…]

Online platforms capture 38% smartphone sales in India, Flipkart leads

Flipkart, Amazon, Snapdeal gear up for mega war

As festive season of October is nearing e-commerce big wigs like Amazon India, Flipkart and Snapdeal are gearing up for their flagship annual sale.  Amazon India has announced that it would run its sale season from October 1 to 5 while Flipkart and Snapdeal will have launch their sales from[Read More…]

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