/Tag: Flipkart

Walmart and Flipkart Group make additional investment in Ninjacart

2020-10-23T14:14:13+00:00October 23rd, 2020|India Inc Views - India Global Business, News in Brief|

Walmart and the Flipkart Group have announced a fresh round of investment in Ninjacart, the startup disrupting India's fresh produce market with its business-to-business (B2B) supply chain infrastructure and technology solutions.

Flipkart to buy 8% stake in Aditya Birla’s fashion unit for $204 million

2020-10-23T14:15:20+00:00October 23rd, 2020|India Inc Views - India Global Business, News in Brief|

Walmart Inc's Flipkart will buy a 7.8% stake in Aditya Birla Fashion and Retail Ltd for 15 billion rupees ($204 million), giving the ecommerce company a bigger foothold in the high-margin fashion business as it battles it out with rival Amazon.com in the country.

India’s tech sector takes centre stage

2020-03-24T11:25:27+00:00October 12th, 2018|2017/2018, Global Edition – October 2018|

The country’s technology and cyber space segment has seen a lot of activity in recent weeks. Samsung opens its biggest store in India Samsung Electronics Co Ltd opened its biggest mobile store in the world in India as it tries to take pole position in the world’s second-biggest smartphone market amid fierce competition from Chinese brands. The South Korean tech giant’s roughly 33,000 sq ft store in the southern tech hub of Bengaluru will help it extend its lead in [...]

Mobile handset market in India

2018-08-20T10:31:17+00:00November 29th, 2017|2018/2017, India Investment Journal November Edition, The Big Story, Year|

Digital India in sync with Make in India will enable local innovation in the mobile phone market, writes a telecom analyst. Indian mobile phone demand was catalysed by the entry of international brands like Samsung and Nokia during 2006-2010. The market at the time was predominantly driven by feature phones. The scenario changed fast with the introduction of Android phones by international brands in 2009 and later by local brands since 2010. The advent of smartphones propelled mobile phone growth [...]