Walmart Flipkart

Binny Bansal Quits Flipkart board

29/01/2024

After Walmart acquired a majority stake in Flipkart, co-founder Binny Bansal has formally stepped down from the e-commerce giant's board. Binny, who sold his remaining stake to Walmart, has initiated a new start-up called OppDoor.

Flipkart Set to Reduce Workforce by Up to 7% Through Performance Reviews: Report

08/01/2024

Walmart-owned Flipkart has also stopped hiring new workforce to optimise its business operations

Flipkart Plans $1 Billion Funding Round, Not Pre-IPO, for the Coming Year: Reports

22/12/2023

According to reports, this is not a pre-IPO round and preparations are being made to raise another fund in the next year.

Metropolitan Shoppers in Bengaluru and New Delhi Lead, Averaging 7 Hours on Homegrown E-commerce Platform: Report

19/12/2023

The report added that the shoppers spent an average of seven hours on the homegrown e-commerce marketplace this year

Walmart, Flipkart Join Hands With Telangana Government To Upskill, Support Local MSMEs

26/07/2023

The pact was signed in the presence of Telangana government’s Industries and Commerce Department Principal Secretary Jayesh Ranjan and 'Swasti' programme director Joseph Julian KG