Introduction
Flipkart on Friday announced a $50 million employee stock buyback programme, which will provide liquidity to around 7,000–7,500 staff members as the Walmart-owned ecommerce giant gears up for a potential initial public offering.… Read the rest
Introduction
Flipkart has successfully secured a Non-Banking Financial Company (NBFC) license from the Reserve Bank of India (RBI), allowing it to facilitate lending business independently. This license allows Flipkart to provide loans… Read the rest
Introduction
In a surprising move that has shaken the Indian e-commerce ecosystem, Flipkart announced the closure of ANS Commerce, a Direct-to-Consumer (D2C) SaaS platform it acquired in 2022. The shutdown, effective March 31, 2025, will… Read the rest
Introduction
CEO Harsh Pokharna, who is based in Bengaluru, shared his company’s establishment journey on social media, stating that there is still a “long way to go.” He was recalling the days when he left his high-paying… Read the rest
Introduction
Flipkart Venture the investment arm of Flipkart, has announced the selection of five innovative startups for the third cohort of its flagship accelerator program, Flipkart Leap Ahead. The initiative aims to support early-stage… Read the rest
