Flipkart Adds 4 Fulfilment, Sortation Stations in Maharashtra
Flipkart announced that it had added four fulfilment and sortation centres in Maharashtra to raise demand and promote local sellers. Flipkart’s new facilities in the...
Tag : e-commerce
BlackBuck Turns Unicorn With $67 Mn Funding
BlackBuck raised $67 million in a funding round led by Silicon Valley-based venture fund Tribe Capital, IFC Emerging Asia Fund and VEF. Blackbuck’s existing investors,...
Meru May Explore Merger With Mahindra Group Company
Mahindra & Mahindra may merge Meru with Mahindra Logistics to lead in operational synergies and capabilities following its full purchase of the radio taxi fleet...
Infra.Market in Talks to Raise $125 Million From Tiger Global
Infra.market is in talks to raise $125 million led by Tiger Global Management at a valuation of $2.6 billion, continuing the New York-based firm’s aggressive...
GameStop Raises $551 Million Through Equity Offering
GameStop has raised $551 million through an equity offering as the videogame retailer accelerates its shift to e-commerce, sending its shares 15 per cent higher...
Flipkart Aims for IPO in Fourth Quarter of 2021
Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is making progress toward an initial public offering (IPO) as soon as the fourth quarter of...
Flipkart in Talks to Acquire Cleartrip
Ecommerce company Flipkart is in discussions to purchase a controlling stake in online travel aggregator Cleartrip and bolster its presence in an intensely competitive segment,...
Shiprocket Raises $27 Million from Silicon Valley’s Tribe Capital
Shiprocket, an e-commerce shipping platform that enables fast and cost-effective shipping for D2C (direct to consumer) retailers has raised $27 million in Series C3 funding....
New Foreign Trade Policy to Include E-Commerce Exports Chapter
The new Foreign Trade Policy is likely to focus on encouraging exports by e-commerce as additionally figuring out districts as export hubs whereas re-looking at...
Walmart Prepares For $10 Billion Flipkart IPO
Walmart is preparing for e-commerce major Flipkart’s $10 billion initial public offerings (IPO) in the US and has hired Goldman Sachs to assist with the listing. The US...