Posted inBusiness Insights
Early Backers to Divest ₹1,048 Crore Stake in Shadowfax as Lock-In Period Expires
Early backers like Flipkart and Eight Roads plan to sell a 1048 crore stake in Shadowfax as its post-unicorn lock-in period expires.
Posted inBusiness Insights
Cleartrip Targets FY27 Profitability by Cutting Discounts and Diversifying into Premium Travel
Cleartrip, the online travel agency owned by e-commerce giant Flipkart, has announced a strategic shift to achieve profitability by the end of fiscal year 2027 (FY27). Operating in the highly…
Posted inBusiness Insights
Flipkart Eliminates Fashion Commissions to Bolster Seller Margins
Flipkart eliminates fashion commissions, boosting profit margins for 90,000 sellers and empowering Indian MSMEs and D2C brands.
