Soap in a phone box: Flipkart can’t evade responsibility as intermediary, says consumer commission
The Delhi District Consumer Commission held Flipkart liable for deficiency in service after a customer received soap instead of a smartphone.
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The Delhi District Consumer Commission held Flipkart liable for deficiency in service after a customer received soap instead of a smartphone.
India's ecommerce platforms cut commissions to attract sellers during festive season, but rising penalty fees and logistics costs are pressuring seller margins.
Indian e-commerce sellers face rising operational costs this festive season through new penalty structures and surcharges on platforms like Flipkart, despite commission reductions.
Former Flipkart employees have petitioned Walmart's board for liquidity options on stock granted years ago, but Walmart appears inclined to keep the e-commerce subsidiary private.
Flipkart announced its Big Bang Diwali Sale 2026 starting October 28 in India, offering discounts on multiple smartphone models including the iPhone 17.
Flipkart faces executive exodus with 14 senior-level departures amid uncertain IPO timeline, ESOP liquidity concerns, and pressure from Walmart to prioritize profitability over expansion.
Netflix records record quarterly subscriber additions in India, driven by local content and a transaction-based Flipkart bundle partnership.
Flipkart's super.money UPI app tripled operating revenue to Rs 292.4 crore in FY26 but widened net losses, while expanding loan marketplace services through acquisition and becoming a top-5 UPI app in India.
Delhi-based B2B travel tech startup TravClan raised $5 million in an equity and debt funding round led by Flipkart and August One, with plans to expand engineering and destination operations.
Flipkart-owned Myntra reported a net loss of Rs 579.4 crore in FY26 after posting profit the prior year, with revenue falling 14% to Rs 5,242.5 crore due to declining logistics services.