What's up at Flipkart?
How are things at Flipkart? Can someone from within the company share what's happening right now? Are they actually prepping for an IPO this time around or is is just for news as it has been for many years? Also what's the sentiment like within the organisation with regards to newer bets/verticals?
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Curated from across
Layoffs on
by 3xPlusOne
Flipkart is planning to layoff 7% of its workforce
Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company.
https://m.economictimes.com/tech/startups/flipkart-may-trim-rolls-by-up-to-7-in-yearly-refocus/articleshow/106617588.cms
Indian Startups on
by LFW
Zomato
Things are not looking rosy at Flipkart. $5Bn loss in value in 2 years!
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.
https://inc42.com/buzz/flipkart-valuation-declines-over-inr-41000-cr-in-two-years/