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  • MC Explains | ONDC, the 'UPI of e-commerce' Jul 04, 2022 10:26 AM IST

    MC Explains | ONDC, the 'UPI of e-commerce'

    The government is working on an exciting project—the Open Network For Digital Commerce, or ONDC. In a nutshell, you'll have one platform that connects all e-commerce websites, apps and services. The aim is to counter the dominance of current e-commerce giants like Amazon, Flipkart, Zomato, Swiggy, Ola and Uber. With ONDC, the government hopes to bring smaller retailers at par with them. A pilot has already been rolled out. So, how will ONDC work? Watch this video to find out

  • Reliance succession plan is a classic playbook for other businesses Jul 01, 2022 07:06 PM IST

    Reliance succession plan is a classic playbook for other businesses

    Ambani's succession plan comes against a backdrop of financial stability and is part of an overall group restructuring.

  • PhonePe's FY21 loss little changed even as revenues soar 85% Jun 24, 2022 08:18 PM IST

    PhonePe's FY21 loss little changed even as revenues soar 85%

    PhonePe reported a consolidated net loss of Rs 1,728 crore for FY21, against a consolidated loss of Rs 1,771 crore a year earlier.

  • Ideas For Profit | Sastasundar Ventures: Strong cash flow, Flipkart deal to cap stock price erosion? Jun 24, 2022 05:49 PM IST

    Ideas For Profit | Sastasundar Ventures: Strong cash flow, Flipkart deal to cap stock price erosion?

    Sastasundar Ventures' stock has plunged over 50 percent from its all-time high in November’21, even though the business remains largely unaffected by ongoing market condition. MC Pro suggests growth outlook appears very promising from a long-term standpoint. Watch the video to find out why.

  • Early-stage VC firm Multiply Ventures raises Rs 260 crore in its maiden fund Jun 14, 2022 02:28 PM IST

    Early-stage VC firm Multiply Ventures raises Rs 260 crore in its maiden fund

    Multiply Ventures' final close of its first fund came at a time when early-stage funding in the Indian tech startup ecosystem fell to a 12-month low in May

  • Tencent buys stake worth USD 264 million in Flipkart from Binny Bansal Jun 12, 2022 02:37 PM IST

    Tencent buys stake worth USD 264 million in Flipkart from Binny Bansal

    Singapore-headquartered e-commerce firm Flipkart has operations in India only. Bansal holds around 1.84 percent stake in Flipkart after selling part of his stake to Tencent Cloud Europe BV.

  • Delhi High Court agrees to hear Cloudtail's challenge against CCI raids on July 15 Jun 08, 2022 08:51 PM IST

    Delhi High Court agrees to hear Cloudtail's challenge against CCI raids on July 15

    Cloudtail questioned raids on its premises on the ground that it is not named as a party in the probe order. CCI said Cloudtail's status as an alleged preferred seller on Amazon is being probed.

  • Xbox Series S available at a discounted price of Rs 31,990 on Flipkart May 28, 2022 04:56 PM IST

    Xbox Series S available at a discounted price of Rs 31,990 on Flipkart

    The Xbox Series S is currently available at a discount of Rs 3,000 on the e-commerce platform.

  • Amazon, Walmart's Flipkart in talks to buy stake in Metropolis Healthcare May 20, 2022 03:06 PM IST

    Amazon, Walmart's Flipkart in talks to buy stake in Metropolis Healthcare

    The company is in early discussions with several global strategic investors and other potential purchasers of the shares

  • Meesho to join Open Network for Digital Commerce; plans to take on Amazon, Flipkart with branded offerings May 20, 2022 11:50 AM IST

    Meesho to join Open Network for Digital Commerce; plans to take on Amazon, Flipkart with branded offerings

    Meesho Mall move is significant as the Bengaluru-headquartered company has previously only focused on the non-branded segment and the price-over-convenience market

  • Explained | How ONDC will change the e-commerce game May 17, 2022 11:17 AM IST

    Explained | How ONDC will change the e-commerce game

    Pitched as the UPI of e-commerce, Open Network for Digital Commerce is a freely accessible government-backed platform that aims to democratise e-commerce by moving it from a platform-centric model to an open network

  • Sachin Bansal's Navi appoints Meesho founder Vidit Aatrey as independent director May 12, 2022 02:49 PM IST

    Sachin Bansal's Navi appoints Meesho founder Vidit Aatrey as independent director

    Meesho competes with Flipkart, which Bansal had founded in 2009. Navi has made a total of four new appontments on its board.

  • Flipkart Big Saving Days Sale: Check out the best deals on smartphones May 03, 2022 07:32 PM IST

    Flipkart Big Saving Days Sale: Check out the best deals on smartphones

    Flipkart's sale is already live and will conclude on May 8.

  • CCI seizes documents, data from Amazon, Flipkart sellers in raids: Report Apr 29, 2022 03:28 PM IST

    CCI seizes documents, data from Amazon, Flipkart sellers in raids: Report

    The Competition Commission of India (CCI) started early on Thursday raiding two top domestic sellers on Amazon's platform - Cloudtail and Appario - as well as some sellers on Walmart's Flipkart, following allegations the sellers and marketplaces had breached competition law.

  • Flipkart to foray into Web3 and Metaverse Apr 28, 2022 04:01 PM IST

    Flipkart to foray into Web3 and Metaverse

    The e-commerce giant will look at innovating in areas like customer experience, logistics/supply chain, and accelerating digital commerce in the future.

  • Moneycontrol Selects: Top stories this afternoon Apr 28, 2022 11:58 AM IST

    Moneycontrol Selects: Top stories this afternoon

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game

  • Now, Flipkart's logistics arm eKart to serve brands, platforms and businesses Apr 28, 2022 11:06 AM IST

    Now, Flipkart's logistics arm eKart to serve brands, platforms and businesses

    In 2017 before it was acquired by Walmart, Flipkart made its first attempt to tie up with third-parties for eKart.

  • Flipkart signs MoU with West Bengal govt to support artisans, weavers, handicraft makers Apr 25, 2022 08:20 PM IST

    Flipkart signs MoU with West Bengal govt to support artisans, weavers, handicraft makers

    The agreement was signed with the state’s micro, small and medium enterprises and textiles department.

  • Amazon acquires social commerce startup GlowRoad Apr 22, 2022 08:49 AM IST

    Amazon acquires social commerce startup GlowRoad

    The social commerce space has been one of the sought out sectors as Flipkart’s social commerce arm Shopsy and Meesho have been garnering market share

  • Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing: Report Apr 07, 2022 12:53 PM IST

    Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing: Report

    The main reason for waiting for the IPO is due to Flipkart's internal plan to boost valuations further by focussing on two of its relatively new businesses -- online healthcare services and travel bookings, two of the sources with direct knowledge said.

  • Flipkart Health+ launches app to enable access to medicines, healthcare products Apr 06, 2022 07:46 PM IST

    Flipkart Health+ launches app to enable access to medicines, healthcare products

    The Flipkart Health+ tech platform delivers products across 20,000 pin codes in India. In addition, the Flipkart Health+ app can be accessed on low bandwidth making it ideal for locations with lower internet reach.

  • Sustainable footwear startup Neeman’s in talks to raise Rs 100-120 cr Apr 05, 2022 09:33 AM IST

    Sustainable footwear startup Neeman’s in talks to raise Rs 100-120 cr

    The Hyderabad-headquartered startup, which raised a couple of rounds of funding including an angel round of $1 million from Anicut Capital and Series A funding of $2.7 million from Sixth Sense Ventures, was valued at around Rs 100 crore in the last round.

  • Clear picks former Google India, Flipkart executive Saran Chatterjee as Chief Product Officer Mar 31, 2022 09:23 AM IST

    Clear picks former Google India, Flipkart executive Saran Chatterjee as Chief Product Officer

    Chatterjee has over two decades of experience in product management, product marketing, product innovation, business management, and operations in India and Silicon Valley.

  • Flipkart CEO Kalyan Krishnamurthy's wife buys Rs 8-crore villa in Bengaluru Mar 28, 2022 05:03 PM IST

    Flipkart CEO Kalyan Krishnamurthy's wife buys Rs 8-crore villa in Bengaluru

    Soumya Narayanan bought the property in Adarsh Palm Retreat Villas project, a gated community of 800 red-roofed “Victorian villas” spread over 110 acres

  • IIM-A sets ups retail tech consortium for consumer research, Flipkart joins as partner Mar 23, 2022 02:16 PM IST

    IIM-A sets ups retail tech consortium for consumer research, Flipkart joins as partner

    Through the collaboration with IIM-A and insights gathered from the consumer surveys, Flipkart claims it “intends to identify opportunities and create forums for knowledge sharing…that will help transform the retail ecosystem and drive value for Kiranas, retailers and customers".

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