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25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report
"We are pleased to announce that employees, who are holders of Flipkart ESOPs (employee stock option plans), will receive a one-time discretionary cash payout as part of the transaction," an email from Kalyan Krishnamurthy, the Flipkart CEO (chief executive officer) read.
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PhonePe Completes Split From Flipkart, Both To Operate Under Walmart
"We are confident PhonePe will continue to scale and achieve its vision of providing financial inclusion to millions of Indians," Flipkart Group CEO Kalyan Krishnamurthy said.
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Flipkart to End Single-Use Plastic in Packaging by 2021
Flipkart said that as of August 1, 2019, it has achieved a 25 percent reduction in single-use plastic.
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Flipkart Said to Warn of Major 'Customer Disruption' If India's New E-Commerce Rules Not Delayed
Flipkart is said to have told the government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed by 6 months.
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Flipkart's Binny Bansal Quits As CEO After "Personal Misconduct" Probe
Flipkart group chief executive officer (CEO) Binny Bansal resigned on Tuesday, the e-commerce company and its parent Walmart said in a joint statement
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Flipkart Confident of Bumper Sales Season; Says Amazon Losing Relevance
Flipkart and Amazon both began their flagship annual sales in India on Wednesday, and will compete for shoppers during the October-December festive season.
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The CEO Who Took Customer Calls, Bought '2 Of Everything' From Flipkart
The outlook for Indian online retailer Flipkart was decidedly gloomy when Kalyan Krishnamurthy became chief executive officer in January 2017. The startup's valuation was dropping, fundraising was more difficult and Amazon.com Inc. was pledging $5 billion-plus to siphon away customers.
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Padmini Pagadala, The Flipkart Employee Who Became CEO For A Day
34-year old Padmini Pagadala who is associate director of designs at Flipkart won the competition to take over as the CEO for the day on Tuesday.
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When Flipkart CEO Kalyan Krishnamurthy 'Quit' His Job For A Day
Flipkart recently raised $1.4 billion in its biggest fundraising to date as it took on US tech giant Amazon.com Inc for a larger share of the country's burgeoning online retail market.
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Flipkart Board Member Says Latest Funds Will Be Used To Make Profits
Subrata Mitra of Accel Partners was responding to a query whether Flipkart would focus on making profits after forging partnerships with Tencent, Microsoft and eBay.
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Moto G5 Plus on Flipkart, Nokia 3310 Pre-Orders, Nokia 8 Specifications Leak, and More: Your 360 Daily
Moto G5 Plus to be Flipkart exclusive, new Nokia 3310 pre-orders beat expectations, Nokia 8 leaks, and iPhone 8 could be named iPhone Edition.
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Flipkart Once Again Said to Be Looking to Raise $1.5 Billion
Flipkart is said to be in discussions with Microsoft, eBay, Tencent to raise anywhere from $1.2 billion to $1.5 billion, enough to carry it through another four years.
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The Challenges For Kalyan Krishnamurthy In Calling The Shots At Flipkart
Last summer, with Flipkart Online Services Pvt losing ground to Amazon.com Inc., Tiger sent in former EBay executive Kalyan Krishnamurthy to help turn around India's most valuable internet startup.
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Kalyan Krishnamurthy To Be Flipkart CEO As Battle With Amazon Intensifies
The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.
-
Flipkart Shakes Up Top Management For Second Time In A Year
The shake-up follows a series of valuation writedowns for Flipkart, which has seen its lead in the online market in India eaten into by global e-commerce giant Amazon.
-
25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report
"We are pleased to announce that employees, who are holders of Flipkart ESOPs (employee stock option plans), will receive a one-time discretionary cash payout as part of the transaction," an email from Kalyan Krishnamurthy, the Flipkart CEO (chief executive officer) read.
-
PhonePe Completes Split From Flipkart, Both To Operate Under Walmart
"We are confident PhonePe will continue to scale and achieve its vision of providing financial inclusion to millions of Indians," Flipkart Group CEO Kalyan Krishnamurthy said.
-
Flipkart to End Single-Use Plastic in Packaging by 2021
Flipkart said that as of August 1, 2019, it has achieved a 25 percent reduction in single-use plastic.
-
Flipkart Said to Warn of Major 'Customer Disruption' If India's New E-Commerce Rules Not Delayed
Flipkart is said to have told the government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed by 6 months.
-
Flipkart's Binny Bansal Quits As CEO After "Personal Misconduct" Probe
Flipkart group chief executive officer (CEO) Binny Bansal resigned on Tuesday, the e-commerce company and its parent Walmart said in a joint statement
-
Flipkart Confident of Bumper Sales Season; Says Amazon Losing Relevance
Flipkart and Amazon both began their flagship annual sales in India on Wednesday, and will compete for shoppers during the October-December festive season.
-
The CEO Who Took Customer Calls, Bought '2 Of Everything' From Flipkart
The outlook for Indian online retailer Flipkart was decidedly gloomy when Kalyan Krishnamurthy became chief executive officer in January 2017. The startup's valuation was dropping, fundraising was more difficult and Amazon.com Inc. was pledging $5 billion-plus to siphon away customers.
-
Padmini Pagadala, The Flipkart Employee Who Became CEO For A Day
34-year old Padmini Pagadala who is associate director of designs at Flipkart won the competition to take over as the CEO for the day on Tuesday.
-
When Flipkart CEO Kalyan Krishnamurthy 'Quit' His Job For A Day
Flipkart recently raised $1.4 billion in its biggest fundraising to date as it took on US tech giant Amazon.com Inc for a larger share of the country's burgeoning online retail market.
-
Flipkart Board Member Says Latest Funds Will Be Used To Make Profits
Subrata Mitra of Accel Partners was responding to a query whether Flipkart would focus on making profits after forging partnerships with Tencent, Microsoft and eBay.
-
Moto G5 Plus on Flipkart, Nokia 3310 Pre-Orders, Nokia 8 Specifications Leak, and More: Your 360 Daily
Moto G5 Plus to be Flipkart exclusive, new Nokia 3310 pre-orders beat expectations, Nokia 8 leaks, and iPhone 8 could be named iPhone Edition.
-
Flipkart Once Again Said to Be Looking to Raise $1.5 Billion
Flipkart is said to be in discussions with Microsoft, eBay, Tencent to raise anywhere from $1.2 billion to $1.5 billion, enough to carry it through another four years.
-
The Challenges For Kalyan Krishnamurthy In Calling The Shots At Flipkart
Last summer, with Flipkart Online Services Pvt losing ground to Amazon.com Inc., Tiger sent in former EBay executive Kalyan Krishnamurthy to help turn around India's most valuable internet startup.
-
Kalyan Krishnamurthy To Be Flipkart CEO As Battle With Amazon Intensifies
The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.
-
Flipkart Shakes Up Top Management For Second Time In A Year
The shake-up follows a series of valuation writedowns for Flipkart, which has seen its lead in the online market in India eaten into by global e-commerce giant Amazon.
