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The Latest Breaking News from Flipkart

Customers will feast as Zepto to pour fuel into quick commerce fire

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers.

The Economic Times

Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy markets

Cloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore valuation. The company, facing market headwinds for loss-making new-age firms, aims to relist next year if market conditions improve. This follows similar deferrals by PhonePe and Flipkart.

The Economic Times

Silicon Valley’s South Park Commons ramps up India deeptech push

South Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semiconductors and robotics. The firm, which backs founders at the earliest stages, sees growing global investor appetite for hardtech due to policy support and maturing startups. SPC aims for at least…

The Economic Times

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Why Amazon has struggled to crack India

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational…

The Economic Times

ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status.

The Economic Times

Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending war

Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive delivery speed and discount strategies. Swiggy's CEO believes this approach will retain loyal customers. This decision comes amid intense competition in India's fast-growing quick commerce sector. Investors are seeking a clear…

The Economic Times

Flipkart revamps Shopsy to take on Meesho, Amazon Bazaar in value commerce segment

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics.

The Economic Times

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Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John Furner

Walmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformative element of their operations in India. This rapid-response system not only exemplifies Flipkart's innovative spirit but also aligns with Walmart's broader strategy of strengthening its international investments.

The Economic Times

Walmart’s international sales growth in Q4 driven by Flipkart, China units

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profitability and its quick commerce offering, Flipkart Minutes, is scaling faster deliveries. This quick commerce push aligns with Walmart's global strategy to enhance ecommerce economics.

The Economic Times

Walmart Q1 Earnings Call Highlights

Walmart (NASDAQ:WMT) executives said the retailer delivered stronger-than-expected first-quarter fiscal 2027 sales growth, driven by higher transactions, e-commerce momentum, marketplace gains and growth in advertising and membership revenue, while higher fuel costs weighed on operating income. CEO

MarketBeat

Wall Street Is Bullish on Walmart Stock Ahead of Earnings. I Recommend Waiting for a Pullback to Buy.

Walmart heads into the Q1 earnings release with multiple growth drivers working in its favor. But valuation remains a concern.

Barchart

Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, services

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are seeking substantial funding. This rush signals a focus on convenience driving profitability. VCs are backing these ventures, aiming to capture the next big player in various niche markets. The trend…

The Economic Times

Flipkart Pulls Ahead: How India's E-Commerce Giant is Winning Hearts and Carts

From weekly active users to GMV share, two new institutional reports reveal that Flipkart is extending its lead over competitors and building a multi-business moat that rivals struggle to replicate.

The Economic Times

Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil Barua

Delhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite projected ecommerce growth. He believes third-party players will gain market share from first-party operators like Amazon and Flipkart due to cost efficiencies.

The Economic Times

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The Economic Times

Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & more

Uber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company is investing in tech centres and a data centre partnership with Adani Group, while exploring logistics and local commerce opportunities.

The Economic Times

Flipkart puts IPO on ice; Rapido's $240 million raise

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.

The Economic Times

Flipkart pauses IPO discussions amid rising volatility in markets

Walmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issues. This decision follows similar postponements by other major tech firms, as Flipkart focuses on aggressive investment in its quick commerce arm, Flipkart Minutes, to drive growth amidst stagnating e-commerce…

The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

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The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

The Economic Times

West Bengal tax body rejects Flipkart’s GST exemption model for delivery charges

Flipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal Appellate Authority. The ruling found Flipkart's model to be a 'legal fiction,' not a genuine GTA service, emphasizing its organized logistics operations.

The Economic Times

ETtech In-depth: Amazon’s quick commerce blitz rattles Blinkit’s playbook

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinkit. While Blinkit previously focused on premium customers, it's now recalibrating strategy amid rising competition. Amazon leverages its Prime membership for speed and selection, aiming to capture the same urban, high-frequency shopper.

The Economic Times

Walmart CEO meets PM Modi, signals deeper India investment

Walmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportunities. Walmart has sourced $40 billion in goods from India. The company is expanding its digital commerce and payments sectors. Flipkart and PhonePe are planning public listings in India. Walmart…

Barchart

Is Walmart Stock a Buy Ahead of Q4 Earnings on Feb. 19?

With continued strength in e-commerce, expanding advertising revenue, and increased membership fee income, Walmart could deliver solid growth in Q4.

Newslaundry

Flipkart delivery worker changes statement on rescue effort to save Noida techie

Moninder, a Flipkart delivery worker who attempted to rescue 26-year-old techie Yuvraj Mehta, has changed his statement on what transpired the night Yuvraj drowned in a water-filled pit at a construction site in Noida’s Sector 150. Yuvraj died after his car crashed through a compromised boundary wall and plunged into…

MyLifeXP

Why Everyone Is Talking About Flipkart’s iPhone 17 Deal Right Now

Just before Republic Day, Flipkart surprised shoppers by reducing the price of the iPhone 17. This sudden drop quickly caught public attention, leading to increased searches, shares, and discussions across platforms. Based on past sales experience and market trends, such discounts on Apple products are rare and highly trusted when…

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