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Flipkarts

Inside Flipkart’s top-deck churn; Tata’s chip partnership

Ecommerce major Flipkart's C-suite is undergoing a rejig amid the etailer's push for agility and profitability. Details on this and more in today’s ETtech Morning Dispatch.Also in this letter:■ Govt, EV firms discuss interoperability■ More takers for DPI-as-a-Service model■ Mswipe Technologies bags PA licenceShake-up in senior ranks underway at Flipkart Hi, this is Samidha Sharma in Mumbai. My colleague Digbijay and I have exclusive details of a major senior-level shakeup that’s underway at India’s largest ecommerce…

flipkart: Flipkart’s top deck under pressure; shake-up in senior ranks underway

Ecommerce major Flipkart, currently pruning its workforce in a push toward profitability, will see at least four senior vice presidents (SVPs) leave, adding to CXO-level exits at the company, according to multiple people in the know. Travel booking website Cleartrip’s head Ayyappan R, Amitesh Jha who leads marketplace and categories, fintech and payments head Dheeraj A, and Bharath Ram, who spearheads growth and retention at the web retailer, are among the SVPs likely to be on their way out. Jha joined Flipkart in 2010…

ASUS ROG Ally discounted by Rs 10,000 in Amazon and Flipkart’s Republic Day sales

ASUS ROG Ally price in India, discount offer ASUS ROG Ally has received a discount of Rs 10,000 on Amazon and Flipkart. The ROG Ally is now available for purchase, starting at Rs 60,030. Amazon is offering an additional discount of Rs 1,500 on SBI credit cards.On Flipkart, the ROG Ally is available at a price of Rs 59,990 for the Z1 extreme octa-core variant and Rs 52,999 for the Z1 hexa-core variant. Flipkart is also providing an extra discount of Rs 1,250 on ICICI Bank credit cards.In addition to the discount offers,…

Inside Flipkart’s restructuring; ecommerce platforms rely on ads to boost revenues

Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Short-video apps and small-town content creators■ Startup India 2.0 coming soon■ Esports firms may cap player payoutsFlipkart may trim rolls by up to 7% in yearly refocus Flipkart, the country’s largest ecommerce firm, is in the thick of the action in the New Year. Even as it moves to close a billion-dollar…

Flipkart’s mega fundraise; investors press for transparency from Byju Raveendran

Welcome to this year's final edition of ETtech Morning Dispatch. Thank you so much for reading us every AM. We have a packed edition today as we call it a wrap on 2023!Also in this letter:■ Activists call for withdrawal of telecom bill■ UPI AutoPay gains momentum■ BSNL suffers data breachProgramming note: ETtech’s newsletter team will be off starting December 23. We will be back with a brand new edition of the newsletter on January 2, 2024. Wishing you all a Merry Christmas and a Happy New Year. Stay tuned to ETtech.com…

Indian startups: ETtech Deals Digest: Indian startups raised $908 million this week buoyed by Flipkart’s mega funding

Weekly funding in Indian startups hit a 20-month high as part of a broader revival of venture capital deployment in technology companies in December this year. The big push came because of Walmart’s $600 million capital deployment in Flipkart, as reported by ETtech on December 21.A total of 19 startups raised a cumulative of $908 million between December 16- 20, as per Tracxn data shared with ETtech.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in…

Flipkart’s $1 billion fundraise; Zomato offers to acquire Shiprocket

Ecommerce major Flipkart is in the middle of closing a $1 billion funding round. This and more in today’s ETtech Top 5.Also in this letter:■ GreyOrange, BluSmart raise funds■ Plum's FY23 financials■ GenAI smartphonesWalmart to pump $600 million in Flipkart Kalyan Krishnamurthy, CEO, Flipkart GroupUS retail major Walmart has committed to infusing $600 million in Flipkart, as part of the ecommerce firm’s $1-billion fundraise, people aware of the matter told us. Valuation math: The Indian ecommerce company’s latest…

Pixel 7 Pro, Pixel 7a Get Massive Discounts During Flipkart’s Big Billion Days Sale

Google Pixel 7 Pro and Pixel 7a will go on sale at heavily discounted prices during the upcoming Flipkart Big Billion Days sale. The Pixel 7 Pro is powered by Google's second-generation Tensor G2 chip and was introduced by Google last year during its Made by Google 2022 hardware launch event, and was priced at Rs. 84,999. When the Big Billion Days sale kicks off in a day, the Pixel 7 Pro price in India is set to drop under the Rs. 60,000 mark in the country. Similarly, the mid-range Pixel 7a will also be sold at a…