Flipkart’s FEMA Trouble Resurfaces — Is a Secret Settlement on the Table?
Flipkart is once again in the spotlight, and this time, it’s not for a mega sale. The e-commerce giant is reportedly facing heat from the Enforcement Directorate (ED) over alleged violations of India’s Foreign Exchange Management Act (FEMA).
But here’s the twist — sources suggest the ED may have quietly offered…
Virat Kohli-backed fashion brand WROGN has reported a steep net loss of Rs 76 crore for the financial year 2025, continuing a troubling trend of declining sales and rising expenses. According to the company’s filings with the Registrar of Companies, WROGN’s net loss widened by 32 percent from Rs 56.8 crore in FY24. This marks the second consecutive year of financial contraction for the men’s…
As the festival season approaches, Flipkart is going full throttle to ensure your online shopping experience is smoother, faster, and more reliable than ever. The Walmart-owned e-commerce giant has announced a massive boost to its supply chain infrastructure across India—just in time for its biggest annual shopping event, The Big Billion Days.
From Patna to Varanasi, and across states like Uttar…
Flipkart Taps Ravi Iyer as Marketplace CFO in Strategic Leadership Reshuffle
In a significant internal leadership shift, Flipkart — one of India’s largest e-commerce players and a Walmart-owned company — has appointed Ravi Iyer as the new Chief Financial Officer (CFO) of its Marketplace division, according to a report by Moneycontrol.
The decision ends a months-long vacancy in a critical…
Flipkart Appoints Kabeer Biswas to Lead Quick Delivery Business – A Bold Move in the Growing Market!
In a strategic move to boost its presence in India’s rapidly expanding quick delivery market, Flipkart has appointed Kabeer Biswas, the co-founder of Dunzo, to lead its new service, Flipkart Minutes. This appointment comes as Flipkart aims to dominate the competitive world of ultra-fast…
In a significant move, Amazon has fully exited its investment in Shoppers Stop, one of India’s most well-known retail chains. The global e-commerce giant has sold its 4% stake in the company for approximately Rs 276 crore, marking the end of a five-year-long partnership. This move highlights the changing dynamics of India’s retail market and raises questions about Amazon’s future strategies…
Flipkart Partners with DPIIT to Empower Indian Startups
In a major boost to India’s vibrant startup ecosystem, Walmart-owned Flipkart has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). This new collaboration aims to empower tech startups across the country, providing them with the resources, mentorship, and funding needed to grow and scale.
The partnership…
In a groundbreaking move towards greener logistics, GreenLine Mobility Solutions Ltd., a division of the Essar Group, has partnered with Flipkart to launch liquefied natural gas (LNG)-powered trucks for the e-commerce giant’s supply chain. This collaboration is part of Flipkart’s ongoing efforts to reduce its environmental footprint and contribute to India’s sustainability goals. Here’s a…
Swiggy Instamart Strengthens Leadership with New Head of Monetization
In a strategic move to further boost its growth in India’s rapidly expanding quick commerce sector, Swiggy Instamart has appointed Kanika Tiwari as its new Head of Monetization. Tiwari’s appointment comes at a crucial time when competition in the quick commerce industry is intensifying, and companies like Zepto, Blinkit, and…
Amazon India is preparing to launch its highly anticipated quick commerce service, codenamed Tez, which will focus on fast deliveries of groceries and daily essentials. The company plans to roll out the service by late December or early next year, marking Amazon’s first-ever entry into the quick commerce space globally.
This move comes at a time when quick commerce, the fast-growing segment of…
