Flipkart Sale Offer

As per recent reports, an event has been scheduled by HMD on April 4, 2018, in India. HMD has given hints that in this event, they will launch or talk about Android One phones in the market. A twitter user @IshanAgarwal24 has been in the limelight for this news as he has gathered up information from somewhere that the new Nokia 7 Plus will be available exclusively on Amazon for sale. There is a poster taking rounds on the internet which is claimed to be designed by this user and the poster shows that Nokia 7 Plus is an Amazon Exclusive product in India. The phone will be sold during flash sales. There might be other Nokia phones too which will be covered in the event like Nokia 6 (2018) and Nokia 8 Sirocco but there is no news about them being exclusively available on Amazon. However, the original Nokia 6 was launched exclusively on Flipkart Offers . This time, the wind seems to have blown towards its rival giant, Amazon. It has not been confirmed by any of the official au...

Flipkart is one of the most popular e-commerce websites of India. The fashion department of Flipkart has always been rivaled by Myntra and Jabong, two other top fashion brands providers. But, recently due its top notch deals and authentic products and better customer relations, Flipkart beat the mentioned two in the fashion category. The superiority of the e-commerce giant in the mentioned genre has become clearer because of a recent announcement done by Flipkart, where it has been officially stated by it that it has earned revenue greater than $1 billion in fashion category. According to the latest statistics if this news is true then Myntra and Jabong are already trailing by a whopping amount of $1.2 billion GMV combined of both of them. According to Flipkart, it has witnessed an increase in growth of 35 % in case of fashion category in the market. They also mentioned that they believe the main reasons behind their this successful growth rate are – Their exclusive range o...

Flipkart Offers  is in talks with Walmart one of the biggest US giant for over 2 months now, but the negotiation on share prices is still consistent. Walmart had proposed to acquire a 21% to 51% stake in the company. However, Amazon has turned the table around by proposing to acquire one its biggest rival and competitor in India ‘Flipkart’. If reports are to believed Amazon has also initiated talks with Flipkart few weeks ago. Wal-Mart had proposed to do the acquisition by a mix of primary and secondary shares and the estimated valuation amount was around $ 10 to 12 billion. However, investors of Flipkart expect the valuation to be around $20 to 22 billion. This seems to be the major reason why Flipkart is now considering deals from other potential acquirers like Amazon India. The talks have already begun between Amazon and Flipkart but nothing has progressed as such. Amazon has offered a breakup fee of around $1 billion to $2 billion to Flipkart and on the other hand, Flip...

The health and fitness program founded by former Flipkart executive Ankit Nagori and Myntra co-founder Mukesh Bansal, CureFit, was funded Rs. 4.18 crore in a recent funding round. This was raised by CureFit Healthcare Private Limited, which is the body that operates the health solutions startup CureFit. Among the investors were two new persons as reported by the Economic Times. These investors who were backing the firm were Myntra Chief Executive Ananth Narayanan and Flipkart's co-founder Binny Bansal. The last time CureFit raised funds was in August 2017 in a Series B round where it raised a secure fund of 25 million dollars. This funding was raised by existing investors of the firm which include Accel Partners, IDG Ventures, Kalaari Capital and UC-RNT Fund. The UC-RNT Fund is a joint venture between Ratan Tata’s RNT Associates and the University of California. This organization invested in CureFit for 3 million dollars in a fresh funding round taken up in April-May, 201...

The growth of online retail market has been steady for the past few months. Smartphones are the top selling products in the Indian e-commerce portals and Flipkart stands ahead of its competitors in mobile sales. If we consider the analysis made by Counterpoint Research about the online mobile sales in India, during 2017, Flipkart Offers leads the table with more than 50% of the total mobile sales happening through it. The second and third position were occupied by Amazon and Mi.com (Xiaomi website) with market shares of 33% and 10% respectively. Even though Flipkart had overall lead in mobile sales, when we see sales based on mobile costs, Amazon had sold more mobiles in the premium category. Amazon led by Jeff Bezos, had shipped more than 63% of mobiles belonging to the premium category. This was partly due to its sales of OnePlus and Apple devices. Flipkart had less than 33% sales in the premium mobile segment. Xiaomi, Samsung, Lenovo, Apple and OnePlus constituted t...