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Super.money app, screenshots by TechCrunch. The launch follows Flipkart’s separation from PhonePe in late 2022. PhonePe is the largest mobile payments app in India, processing nearly 50% of all ...
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
We estimate quick-commerce GMV to grow to $6.2 billion by 2025.”. Indian news outlet Entrackr first reported some of the details of Flipkart’s instant commerce play Thursday. “At Flipkart ...
Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signaled a slowdown in India. The Walmart ...
All the top three players today sell consumer electronics items, a category that makes about half of the sales on Flipkart and Amazon India by GMV, according to people familiar with the matter.
Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21] [22]
Image Credits: Manish Singh / TechCrunch. Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the ...
Known for. Co-founder, former chairman and CEO, Flipkart [2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [2] [3] Internet entrepreneur. [3] As of February 2024, his net worth was estimated at US$1.4 billion. [1] In 2007 he co-founded the e-commerce platform Flipkart. [4] [5] He was the chief operating officer ...
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