Page-3 of Flipkart
New norms for FDI in e-commerce
The new norms for the foreign direct investment (FDI) in e-commerce, bars e-commerce firms from selling products of entities in which they have an equity stake. Why the new norms? The new norms are brought in by the government to ..
Month: Current Affairs - December, 2018
The National Traders Conclave 2018 organized in New Delhi
The National Traders Conclave 2018 has been organized by Confederation of All India Traders (CAIT) in New Delhi from July 23 to 25 to address various grievances of the trading community and focus on effective solutions. A speaker of CAIT ..
SBI launches a unified integrated app YONO (You Need Only One) for financial services
The State Bank of India (SBI) has recently launched a unified integrated app YONO (You Need Only One) that would offer all kinds of financial and lifestyle products. The omni-channel platform will allow customers to meet their lifestyle needs across ..
Flipkart acquires Jabong through fashion portal Myntra
Homegrown e-commerce giant Flipkart acquired online fashion portal Jabong through its fashion unit Myntra. It is said that Jabong was acquired by Flipkart in a cut-price deal that values the online fashion store at 70 million dollars. This acquisition will ..
Month: Current Affairs - July, 2016
Flipkart acquires mobile payments firm PhonePe
India’s homegrown e-commerce giant Flipkart has acquired a Bengaluru-based mobile payments company PhonePe for an undisclosed sum. PhonePe has been co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari. After the acquisition, the mobile payments company will function as an ..
Month: Current Affairs - April, 2016
Binny Bansal appointed as CEO of Flipkart
Homegrown e-commerce giant Flipkart has promoted co-founder Binny Bansal to the post of Chief Executive Officer (CEO) from current post Chief Operating Officer (COO) of the company. He will succeed incumbent CEO Sachin Bansal (since inception of company) who has ..
Month: Current Affairs - January, 2016
Surojit Chatterjee appointed as Senior Vice President of Flipkart
Homegrown e-commerce giant Flipkart has appointed Google’s executive Surojit Chatterjee as Senior Vice President and Head of Consumer Experience and Growth. In the new role, he will be responsible for all Flipkart’s consumer experience across desktop as well as mobile ..
Month: Current Affairs - November, 2015
Samardeep Subandh appointed as Chief Marketing Officer of Flipkart
Samardeep Subandh has been appointed as Chief Marketing Officer (CMO) of homegrown e-commerce giant Flipkart. In his role as CMO, Subandh will be the primary custodian of Flipkart brand. He will focus on gaining deeper customer insights, driving high level ..
Month: Current Affairs - October, 2015
Flipkart acquires mobile marketing firm Appiterate
Online marketplace Flipkart has acquired mobile marketing start-up Appiterate in order to strengthen its mobile platform. The financial details of the acquisition deal were not disclosed. This acquisition comes in line with Flipkart’s ‘Mobile First’ focus which aims to increase ..
Month: Current Affairs - April, 2015
Gujarat Handloom Corporation inks MoU with eBay
Gujarat State Handloom and Handicraft Development Corporation (GSHHDC) has signed a Memorandum of Understanding (MoU) with global e-commerce giant eBay. The main objective of this MoU is to expand sales base of handloom and handicraft products of Gujarat to online ..