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To instill confidence among workforces about health safety, team leaders and managers of India's top startups including Flipkart, Paytm, Udaan and Zomato, have decided to go at work first before asking colleagues to come. many firms still have asked their employees to continue work from home for those functions which may not need at-work presence.
Flipkart, India's leading e-commerce marketplace, aims to boost its scope of offerings in the pandemic situation. Hence, this is the second such partnership of it.
Sachin Bansal has made several investments into companies and start-ups such as Altico Capital, U Gro Capital, IndoStar Capital, Vogo, Bounce, KrazyBee, Ola, Bansal attended Indian Institute of Technology Delhi and completed a degree in Computer Engineering in 2005. After graduation, Bansal worked at Techspan for a few months and later in 2006 he joined Amazon Web Services as a Senior Software Engineer.
Navi Technologies has made allotments of 1.45 crore equity shares, at a price of ₹140.5 per share. Three entities belonging to Gaja Capital, including Gaja Capital Fund-II, GCFII-B and Gaja Capital India AIF Trust have received the allotments. The latest private placement follows a fundraising of over Rs 3,000 crore by the company, led by Bansal and other investors earlier this month.
Flipkart and Amazon have asked their partnered brands and sellers to stock up for the post lockdown sales. They are expecting that many people are waiting to buy non-essential goods post lockdown. The demand for these non-essential goods is immensely high at the moment.
Sachin Bansal, who left Flipkart in 2018 invested INR 650 crores ($92 million) in Bengaluru based ride-hailing company ‘Ola’ which turns out as the largest investment made by an individual in the fundraising.
Binny Bansal is looking to sell his stake and exit the company following Walmart-Flipkart deal.
The overall losses increased by 68 percent in FY17 to Rs 8,771.4 crore as compared to the previous fiscal
Baweja, who was earlier an employee of Tata Communications joined Flipkart as the Chief Financial Officer two years back, has resigned from the job.
To stay ahead in the e-commerce game and in order to ramp up its services, Flipkart has today launched a curated product guide called Fliptech, to help its customers make informed purchases.
We’ve all known Flipkart to be a successful e-commerce giant. However, the founder of Flipkart, Sachin Bansal didn’t have it easy at all points.
There is a growing sense of uneasiness within the Flipkart investors as they realize India’s top e-commerce firm to be overvalued. It is still to be seen by how much margin.
Amazon was India's second-largest online marketplace by shipments last month, industry estimates show, as it dislodged Snapdeal to become the only major player to increase share from a year ago.
The story of how the two men started with just two laptops and grew to its current size is inspirational. At the time of raising $1-billion last year, the Bansals’ combined stake of around 15 per cent in Flipkart was valued at Rs 6,000 crore (Rs 60 billion).
The ongoing e-commerce war spilled over to Twitter on Friday, when Sachin Bansal, co-founder of India's largest online retailer Flipkart, made a direct jibe at competitors - Snapdeal and Paytm.