Flipkart

Flipkart taps Dunzo founder to lead quick commerce push

Flipkart has hired Kabeer Biswas, co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick commerce business in the world’s most populous nation. Biswas will lead Flipkart’s quick commerce business, called Flipkart Minutes, a source familiar with the situation told TechCrunch. The move follows Flipkart engaging with Biswas over a potential […]

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Myntra enters India’s quick-commerce race with 30-minute apparel delivery

Apparel and accessories platform Myntra on Thursday launched “M-Now,” its quick-commerce offering that promises to deliver apparel and accessories within 30 minutes. Retailers in India are rushing to meet changing consumer behavior and expectations, particularly fast deliveries of groceries, beauty and lifestyle products within an hour. Myntra said M-Now will offer customers access to 10,000

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Flipkart co-founder Binny Bansal leaves PhonePe board

Flipkart co-founder Binny Bansal has stepped down from PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit committee chair. Bansal played a key role in Flipkart’s acquisition

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Meesho claims Indian e-commerce first with positive cash flow

Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge. The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of ₹232 crores ($27.6

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Myntra bets on 4-hour delivery amid India’s quick commerce boom

Myntra, India’s largest fashion e-commerce platform, is trialling a four-hour delivery service in four Indian cities, two sources familiar with the matter told TechCrunch, a dramatic acceleration from its standard 2-3 day delivery timeframe as the surge of quick commerce reshapes consumer behavior. The Flipkart Group-owned firm is piloting the fast-tracked delivery service in cities

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Amazon and Flipkart violated competition laws in India, report says

Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report. The finding presents a new challenge for the e-commerce giants in a market where online retail growth remains modest at under 15% and quick-commerce is increasingly snatching business from Amazon India and Flipkart. The Competition

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India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to small retailers. Speaking at the launch of a report on the impact of e-commerce on employment and consumer welfare in India, Goyal said the projected dominance of online marketplaces in the coming

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Flipkart blitzes into India’s 10-minute quick delivery battle

India’s fast-growing quick commerce market is getting a new deep-pocketed entrant: Walmart-owned Flipkart, India’s largest e-commerce firm. Flipkart has started to roll out Flipkart Minutes, its quick commerce service, in parts of Bengaluru. The new service offers customers the ability to have a wide range of items, from grocery to smartphones, delivered to them within

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Flipkart launches payments app, Super.money, in fintech push

Indian e-commerce giant Flipkart has quietly started rolling out its own payments app, dubbed Super.money, as it broadens its fintech ambitions more than a year and half after separating from PhonePe.  The Walmart-owned firm’s new app, now live in beta on Play Store, allows users to make mobile payments via UPI, an interoperable network that

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