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ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.- FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
- Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Flipkart gets IPO ready with NCLT nod to flip back domicile to IndiaThe Bengaluru-based online retail company, which plans to file its IPO papers in 2026, has now sought an approval from the central governme...
- Etailer Flipkart offloads Rs 2,400 crore investments to focus on core and IPOAccording to publicly available block deals data, Bengaluru-based Flipkart, which is majority-owned by US-headquartered Walmart, sold share...
- Myntra secures $81 million fund infusion from parent FlipkartRegulatory filings in Singapore reveal that Myntra's parent company, FK Myntra Holdings Pvt Ltd, received the investment in November, marki...
- Flipkart India logs 9% revenue growth at Rs 55,823 crore; losses widen by 42%The B2B unit’s net loss expanded by 42% to Rs 4,845.7 crore during the period under review as against Rs 3,404.3 crore in FY22. Flipkart In...
- Flipkart marketplace arm gets $90 million cash infusionThis is the first cash infusion in Flipkart's marketplace arm in 2023. The resolution to infuse new capital was approved on December 29, 20...
- Myntra revenue rises 45% to Rs 3,501 crore, losses widen 40%Myntra’s revenue growth rate, even though on a smaller base, surpassed parent Flipkart’s marketplace business’s revenue growth rate, which ...
- Flipkart spent $1.1 billion in six months: Walmart filingsWalmart makes regulatory disclosures of cash and cash equivalent for Flipkart in its filings to the SEC. The cash spent by Flipkart include...
- Flipkart invests $116 million in fashion retailer Myntra amid challenge from Reliance, NykaaThe new investment comes as Myntra is facing new challenges, with Reliance's Ajio emerging as a significant second player in the online fas...
- Flipkart, Amazon race to bag stake in Aditya Birla Fashion and RetailFlipkart may have the edge; move may bring in ecomm firm as strategic partner
- Arvind Lifestyle Brands receives Rs 260 crore from Flipkart for minority stake in group firmFlying Machine has been retailing on the group's platforms of Flipkart and Myntra for more than six years.
- Flipkart to invest Rs 260 crore in Arvind Fashions’ armThe subsidiary will own the Flying Machine brand, which has been retailing on the Flipkart Group platforms for over six years, according to...
- Metro Shoes takes Flipkart to Bombay HC over brand name“Flipkart has not been aware of any such legal proceeding. If we are served notice by any court or judicial authority, we will take the nec...
- Myntra Designs gets Rs 414-crore capital infusionThese investments signal that the Flipkart Group is preparing its marketplaces and the wholesale arms for the coming financial year as they...
- Myntra FY17 turnover zooms 87% to Rs 2,000 croreThe online fashion market was pegged at around $3.7 billion during 2017 with Myntra along with Flipkart Fashion and Jabong forming a formid...
- Flipkart announces the launch of 'Flipkart Fashion Files'E-commerce major Flipkart today announced the launch of the 'Flipkart Fashion Files' - an exclusive lifestyle content page on its platform.
- Amazon in talks to acquire Jabong; move a counter to Flipkart's Myntra buy?A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $500 million (...
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