Flipkart co-founder buys technology firm

Navi, which has been co-founded by Flipkart co-founder Sachin Bansal, said it has acquired Bengaluru-based Mavenhive. MavenHive, a technology consulting firm, will help Navi leapfrog their product development initiatives. Continue Reading

NT compiles major business booms of the decade

With 2019 coming to an end, News Today compiles a list of sectors that made a huge dent. They were chosen based on impact they made to our lives. From online shopping to food delivery, from watching web series to e-learning, the 2010s has been a decade to remember. Continue Reading

Grofers loss widens to Rs 448 crores

The company had posted a net loss of Rs 258.3 crore for the year ended March 2018, as per documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler. Continue Reading

Xiaomi India announces ‘Black Friday Sale’

Xiaomi recently announced its annual “Black Friday Sale” across Mi.com, Mi Home, Flipkart, Amazon and all offline partner outlets. According to a press release, the annual Black Friday Sale event brings in a series of new, additional offers for customers across India with sale happening till today. Continue Reading

CAIT all set for agitation against e-comm firms

Traders’ body CAIT on Sunday said it will launch a series of protests against Amazon, Flipkart and other e-commerce firms for continuous violation of the FDI policy from Wednesday. Continue Reading

Confederation of All India Traders seeks PM’s intervention

The Confederation of All India Traders (CAIT) said it has sought Prime Minister Narendra Modi’s intervention in the issue of alleged unethical practice of online retailers, including Amazon and Flipkart. Continue Reading

Red Magic 3S to be sold in Flipkart

Red Magic 3S recently announced that it is available in two variants 8+128 GB in Mecha Silver (Space Grey) color and 12+256GB in Cyber shade (Red and Blue). It is priced at Rs 35,999 and Rs 47,999 respectively. Continue Reading

Festive Dhamaka: Amazon sells smartphones worth Rs 750 cr

Arch-rival Flipkart – which is backed by American retailer Walmart – also expressed exuberance saying it had seen 2-fold sales growth on the first day of its ‘Big Billion Days (BBD)’ sale compared to the opening day of the last year’s festive sale. Continue Reading