Google ends Apple’s 5-year reign as world’s most valuable brand

Google_121212Google has dethroned Apple to become the world’s most valuable brand, ending the iPhone maker’s five-year reign at the top. According to Brand Finance’s Global 500 2017 report, Google’s brand value surged as much as 24 percent last year to $109.4 billion. Cupertino-based Apple’s brand value, however, fell 27 percent to $107.1 billion, and it […]

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Flipkart may raise funds at lower valuation

VCCircle_Flipkart8E-commerce company Flipkart could be preparing to raise a new round of investment at a significantly lower valuation than its previous fundraising exercise, a media report said. Flipkart is likely to raise Rs 3,400-5,400 crore ($500-800 million) at a valuation of $10-12 billion, The Economic Times reported citing two unnamed sources. This is a far […]

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Flashback 2016: Flipkart braves markdowns, Amazon threat

For-Flipkart-Story-TC_Shah-JunaidA steep markdown in valuation, series of top-level exits, heightened competition and prolonged funding drought—India’s biggest e-commerce company Flipkart has had a tumultuous year, to put it mildly. In fact, this was the first year since 2011 when investors didn’t infuse any capital into the company. Flipkart had raised $750 million in mid-2015. The previous […]

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Flipkart to enter groceries, furniture segments; to sell Make-in-India products

FlipkartHome grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. The firm intends to scale the grocery business operations over a three-year period, Binny Bansal, Flipkart’s chief executive officer, told Reuters. Flipkart will add […]

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Not afraid of Amazon or Alibaba, says Sachin Bansal; stresses on ecom cos’ need to raise funds

Sachin BansalFlipkart co-founder and executive chairman Sachin Bansal said ecommerce companies will need to continue raising funds to invest in functions such as talent and technology as the sector is still at its infancy. “E-commerce will need a lot more investments because the market is constantly growing, it’s still at its infancy, it’s going to grow […]

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Companies can’t have long-term life without digital roadmap: Ram Charan

Ram CharanEvery company that has a vision needs to be digitised because there is no long-term life without a digital roadmap, says renowned coach, speaker and author Ram Charan. And, for being relevant in the digital age, more investments are needed in technologies than focus on cheaper costs. In an exclusive conversation with Techcircle, Charan says […]

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Walmart-Flipkart combo may hurt common enemy Amazon

e-commerce_feAt a time when stakeholders in the Indian e-commerce industry were locked in an intense debate over who between Amazon and Flipkart will emerge the winner post the upcoming festive season, the development that the world’s largest retailer Walmart is in the process of picking up an equity stake in Flipkart has changed the course […]

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Walmart in early talks to invest in Flipkart

US-based offline and online retailer Walmart Stores Inc. is in early talks with Indian e-commerce firm Flipkart India Pvt. Ltd for an equity partnership, according to a report. The Economic Times reported, citing two sources it didn’t name, that “the companies are engaged in early talks and a meeting is scheduled this week”. These discussions, […]

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Can Walmart and Flipkart help each other in India?

Flipkart_Walmart32The world’s largest retailer Walmart’s acquisition of ecommerce company Jet.com has triggered speculation on whether this is the beginning of the company’s ambitious play in online retailing, a link sorely missing in its larger business plans. Also, there has been some discussion on whether with this $3.3 billion buyout, the largest ever of an online […]

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Can Walmart and Flipkart help each other in India?

Flipkart_Walmart32The world’s largest retailer Walmart’s acquisition of ecommerce company Jet.com has triggered speculation on whether this is the beginning of the company’s ambitious play in online retailing, a link sorely missing in its larger business plans. Also, there has been some discussion on whether with this $3.3 billion buyout, the largest ever of an online […]

Read more