Flipkart news and archive

India e-commerce market to cross 200 billion dollars in 2025: GlobalData

India's e-commerce market is forecast to grow by 12.5 percent in 2025, projected to reach 17.7 trillion rupees (211.6 billion dollars), driven by strong consumer appetite for online shopping and growing trust in digital payments. This rapid expansion reflects deeper digital integration, supportive government policies, and the rising adoption of...

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ABFRL shares surge after Flipkart block deal

Flipkart Investments Private Limited, a subsidiary of the Walmart-owned e-commerce giant, has significantly reduced its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a major block deal, part of its portfolio rationalization strategy. The transaction, which involved over 7 crore shares—representing a 5.93 percent equity stake—took...

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Myntra reports profit turnaround in FY25

Myntra, the fashion e-commerce marketplace owned by Flipkart, has reported a significant financial turnaround for the fiscal year 2025, according to its consolidated results filed with the Registrar of Companies (RoC). The company recorded a consolidated net profit of Rs 548.3 crore for the year, a substantial increase from Rs 30.9 crore in...

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Flipkart acquires stake in Pinkvilla to reach Gen Z consumers

In a strategic move to better connect with India's younger consumers, Walmart-owned ecommerce marketplace Flipkart has acquired a majority stake in Pinkvilla, a popular entertainment and lifestyle platform. The deal, announced on September 2, 2025, aims to merge entertainment and e-commerce. According to Ravi Iyer, senior vice president of...

Retail

India recommerce market to reach 5.91 billion dollars by 2025: Report

The "India Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report by ResearchAndMarkets.com highlights the significant growth of India's recommerce market, with a particular focus on its implications for fashion retail. The overall recommerce market is...

Retail

Flipkart to make inroads in small cities with cheaper deals

E-commerce platform Flipkart is looking to focus on Tier II cities with value play instead of delivery speed, taking a long-term view of its business strategy in the country. This will help it to grow its business further. The focus is to offer products at the best possible rates to seek value-seeking consumers. Flipakart's focus on rural and...

Retail

Smaller cities boost sportswear market in India

India’s Tier II and III cities are driving demand for sportswear. The main reason for this is growth in e-commerce. A host of small cities like Surat and Indore, are now ordering branded sportswear because of ease of purchase. The sporting culture in these towns has also matured with cities like Surat, Ahmedabad and Chandigarh organising...

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Flipkart rejigs senior management team

Flipkart has realigned its senior management team for new business opportunities. As per the new team, Adarsh Menon, Senior Vice President and Head, Private Brands, Electronics and Furniture, will head a new business initiative. Menon may head Flipkart's upcoming business to business (B2B) initiative. Manish Kumar, vice-president of business...

Retail

Top fashion brands move away from exclusive e-tail deals

Top apparel and footwear brands, including Under Armour, Nike, Marks & Spencer and Adidas are shunning exclusive agreements in order to reach a wider consumer base, which is not possible by being available on a single e-commerce platform. For instance, German sportswear maker Adidas, which had an exclusive tie-up with Flipkart and Myntra, has...

Retail

E-tailers optimistic about business this year

With more and more Indians taking the online route to for shopping, e-tailers are witnessing high demands, including from far-flung and remote areas. Propelled by rising smartphone penetration, the launch of 4G networks and increasing consumer wealth, the Indian e-commerce market is expected to grow substantially by 2026. The ongoing digital...

Retail

Walt Disney’s Frozen collection launched in India

Pantaloon has launched a special Frozen collection for toddler and junior girls which includes printed joggers, leggings, sweatshirts and sweater dresses with interactive prints, fancy sequins and appliques and footwear featuring the film’s characters. Its new range for toddler and junior girls captures the movie’s essence and allows the little...

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Walmart owned Flipkart India’s losses increase in 2018-19

Flipkart India, the B2B arm of Walmart-owned Flipkart, registered a loss of Rs 3,836.8 crore during 2018-19 as compared to Rs 2,063.8 crore registered for the financial year ended March 31, 2018. Its revenue from operations, however, increased by 42.82 per cent to Rs 30,931 crore in 2018-19 from Rs 21,657.7 crore in the previous financial year....