Data Scientist

Welcome to Indian Startups's Private Community

Google invests in Flipkart

Growth Manager

Google invests in Flipkart- Grapevine

Welcome to News Discussion's Private Community

https://www.reuters.com/business/retail-consumer/indias-flipkart-get-600-mln-walmart-under-new-fundraise-2023-12-21/


Flipsters in grapevine, where is this capital getting consumed? Is it all for new businesses (clear trip, grocery etc)?

Flipkart fund raise

Finance Consultant

- Flipkart aims to have around 100 dark stores operational by the launch of Flipkart Minutes, currently accessible to select users in certain pincodes.
- The move is part of Flipkart’s strategy to compete with Zepto, Blinkit, and Swiggy Instamart this festive season, focusing on fast delivery for non-grocery segments.
- Dark stores are being tested with employees at Flipkart’s Bengaluru headquarters, with plans to stabilize and scale up the service in specific areas.
- Flipkart’s quick commerce push is driven by revenue potential, with top platforms like Swiggy Instamart, Zepto, and Blinkit expected to surpass $1 Bn in revenue for FY24.
- This development follows Flipkart’s expansion into digital payments and fintech products, highlighting its strategy to adapt to the evolving digital commerce landscape. 

 Source: Economic Times

Flipkart Plans 100 Dark Stores Ahead of Big Billion Days Sale

What even is going to be the differentiator? 
  
 Zepto kills it at speed. Blinkit kills it at speed and depth of catalogue. 
  
 Hard to imagine where Flipkart can stand. Especially given Q Commerce can work in only Tier 1 and 2 where these brands have a heavy footing.  
  
 Flipkart does not even have a brand presence anymore in top 5 cities!

Journalist

- Flipkart Minutes, a rapid delivery service, is now available in Gurugram and parts of NCR, following its launch in Bengaluru.
- The service offers delivery times ranging from 8 to 16 minutes for groceries, electronics, and more.
- Users in areas like Unitech Cyber Park and Golf Course Road have already received notifications about the service.
- Flipkart has not yet issued an official statement about the public launch.
- The quick commerce sector is heating up with competitors like Blinkit, Swiggy Instamart, and Zepto making significant strides. 

 Source: [Entrackr](https://entrackr.com/2024/09/after-bengaluru-flipkart-minutes-goes-live-in-gurugram/)

Flipkart Minutes Expands to Gurugram Amidst Quick Commerce Boom

- Super.Money, backed by Flipkart, recently launched a co-branded credit card and plans to expand to six financial products targeting young professionals.
- Founder Prakash Sikaria revealed plans to seek external funding in December 2024 to solidify its position in India's competitive fintech sector.
- The platform has already launched UPI services, personal loans, and the superCard, with plans to introduce fixed deposits and credit lines via UPI soon.
- Super.Money aims to differentiate itself with a streamlined user interface, appealing to young, affluent users in India.
- Despite competition with PhonePe, Sikaria emphasized that Super.Money is a credit-first company, focusing on financial services. 

 Source: [Inc42](https://inc42.com/buzz/flipkarts-super-money-plans-to-raise-external-funds-to-launch-fds-credit-lines-via-upi/)

Flipkart's Super.Money Eyes External Funding, Plans to Launch FDs and Credit Lines via UPI

The Morning Vine 🍇

Welcome to Office Gossip's Private Community

Flipkart is trying to buy Dunzo to enter WC

Why do they want to enter the World Cup ? never heard of their team

Senior Software Engineer

Flipkart was one of the first consumer unicorns. Will be interesting to see when they finally decide to do it

Product Manager

1. Migrating PhonePe to India 1B $ in useless tax

2. Like that stupid separation of PhonePe from Flipkart ~0.7B $

3. Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Maybe, 
  
 Taking on Reliance retail and Amazon in India? 
 Tech infra for Walmart (random guess)  
 100% or ownership yields absolute power

Data engineer

While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing
Don't know what the VCs are seeking?
Why bake a a pie that you can't eat later?

Too much money too soon, where have we seen that?

Consultant

How are they moving towards profitability and eventual IPO?

How is flipkart doing? Flipsters in Grapevine, please give some colour

Welcome to Consulting's Private Community

Reaching out to you guys to get feedback on Flipkart Business Development Profile.
Is it a good company to work for?
How the culture in flipkart?
Any heads up before joining Flipkart as BD/ KAM.

Flipkart Business Development

Sales Manager

What's the pay range for the tech lead SDE at Flipkart? What's the inhand-stock ratio of compensation like

Flipkart tech lead

Senior Engineer

Folks at Flipkart, how do things look on the inside?

The valuation of the ecommerce firm declined to $35 Bn as of January 31, 2024, from $40 Bn in the financial year ended on January 31, 2022.

Flipkart Valuation Declines Over INR 41,000 Cr In Two Years

Things are not looking rosy at Flipkart. $5Bn loss in value in 2 years!

https://www.google.com/amp/s/m.economictimes.com/tech/technology/flipkart-india-logs-9-revenue-growth-at-rs-55823-crore-losses-widen-by-42/amp_articleshow/104644333.cms

Flipkart losses widen by 42% to Rs 4,845.7 crore. Total loss of Flipkart  since inception now amounts to Rs. 12,600 crore. And we are talking about  the flag bearer of India's success story 's performance in 16th year since its inception

After 16 years of existence should we still call Flipkart a startup?

Software Engineer

Flipkart is trying to enter two different market segments at the same time: Quick Commerce and UPI. There are already proven players in the space and it isn't possible to enter these segments without loads of investment. I wonder what Flipkarts game plan is and how it is going to execute it

Has Flipkart received a blank cheque from Walmart?

Software Developer

Hi folks, 

I'm Kashish, the CEO of EquityList and Founder of Cloud Capital which I run as a solo GP.
A little bit about what we do: 

EquityList is a full-stack equity management platform by AngelList India. Companies across India, US and Singapore use EquityList to manage their cap table, stock options (ESOP/SAR), shareholders, and related compliances. Managing equity for 10k+ stakeholders, 250+ companies and ~$1B in stock options.

Cloud Capital has deployed $8M+ in 55+ startups such as Airmeet, Rupifi, Orange Health, DevRev, ZET (OneCode) and others. I've also angel invested in startups such as OSlash, Atlys, Chronicle, Even Healthcare and others.

Excited to do this AMA, and look forward to answering any of your questions about ESOPs, cap table management, investing, entrepreneurship, and more!

LinkedIn: https://www.linkedin.com/in/kashisharma

Live AMA: Hey everyone, I'm Kashish, CEO of EquityList. Ask me anything!

After making money from Phonepe, it seems FK has started a Phone Pe competitor as a separate company 😁. Heard Flipkart CEO had a huge fight with Phonepe CEO as well

Flipkart launches a Phonepe Competitor

Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company.

Google invests in Flipkart

Discover More

News Discussion on

by Aaron Lee

Meesho

Flipkart fund raise

News Discussion on

by Aaron Carmden

Grapevine

Flipkart Plans 100 Dark Stores Ahead of Big Billion Days Sale

News Discussion on

by Matilda Lee

Grapevine

Flipkart Minutes Expands to Gurugram Amidst Quick Commerce Boom

News Discussion on

by Jordon Carmden

Grapevine

Flipkart's Super.Money Eyes External Funding, Plans to Launch FDs and Credit Lines via UPI

News Discussion on

by Kendall Everett

Grapevine

The Morning Vine 🍇

Office Gossip on

by Kendall Hyrum

Stealth

Flipkart is trying to buy Dunzo to enter WC

News Discussion on

by Blair Everett

Deloitte

Flipkart was one of the first consumer unicorns. Will be interesting to see when they finally decide to do it

Indian Startups on

by Dezi Everett

Flipkart

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Indian Startups on

by Kalan Dean

Stealth

Too much money too soon, where have we seen that?

Indian Startups on

by Kendall Gabriel

Meesho

How is flipkart doing? Flipsters in Grapevine, please give some colour

Consulting on

by Jordon Lee

Flipkart

Flipkart Business Development

Indian Startups on

by Jordon Lee

Stealth

Flipkart tech lead

Indian Startups on

by Coy Carmden

Zomato

Things are not looking rosy at Flipkart. $5Bn loss in value in 2 years!

Indian Startups on

by Jordon Lee

Google

Flipkart losses widen by 42% to Rs 4,845.7 crore. Total loss of Flipkart since inception now amounts to Rs. 12,600 crore. And we are talking about the flag bearer of India's success story 's performance in 16th year since its inception

Indian Startups on

by Jordon Everett

Good company

Has Flipkart received a blank cheque from Walmart?

AMA on

by Kalan Vernon

EquityList

Live AMA: Hey everyone, I'm Kashish, CEO of EquityList. Ask me anything!

Indian Startups on

by Jordon Nadeen

Stealth

Flipkart launches a Phonepe Competitor

Layoffs on

by Jordon Nadeen

Google

Flipkart is planning to layoff 7% of its workforce