Google infuses $350 million in Walmart-owned Flipkart

New Delhi: As the Indian e-commerce space heats up with a spurt in the digital economy, Google has invested nearly $350 million in Walmart-owned Flipkart, taking the homegrown company’s valuation at nearly $36 billion. In a statement, Flipkart said it has added Google as a “minority investor” in the e-commerce platform as part of the … Read more

Flipkart-owned Cleartrip’s CFO steps down, Akshat Mishra takes over

New Delhi: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the new Head of Business Finance at the company. Agarwal will remain with Cleartrip for a few months to facilitate a smooth transition, the … Read more

Flipkart Launches UPI Services In Partnership With Axis Bank; Details Here

The in-house UPI facility will be spread across Flipkart group companies including, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. The Flipkart UPI, launched in partnership with Axis Bank, will initially be available for Android users E-commerce company Flipkart on Sunday launched its unified payments interface (UPI) services for online and offline payments. The Flipkart UPI, … Read more

Flipkart launches its UPI handle to boost India’s digital economy vision

Bengaluru: E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers. With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart marketplace. For a … Read more

Customer orders iPhone 15 on Flipkart, receives defective phone with fake battery: report

Flipkart customer receives fake iPhone  Going into the story, Ajay Rajawat had purchased the latest iPhone 15 on Flipkart during the Republic Day sale, which kicked on January 13th and lasted until January 19th. Flipkart has delivered the product on January 15th. However, on opening the box, the user was greeted with a defective iPhone … Read more