Despite investing billions into Ekart over the years, Flipkart seems to be chasing the rest of the market when it comes to quick commerce deliveries and the competition is pulling ahead Ekart’s close ...
Flipkart Group has given a go-ahead to its logistics arm Ekart for investments, acquisitions, and inter-corporate loans. The ecommerce unicorn has allocated $460 Mn (INR 3000 Cr) to Ekart for the ...
Revenue from operations of Instakart Services, which operates Ekart Logistics, declined 5% to INR 12,115.3 Cr in FY24, compared to INR 12,787.4 Cr a year ago The company saw its total expenses rising ...
As India’s e-commerce battle shifts from front-end discounts to back-end efficiency, Flipkart is sharpening its leadership bench where it matters most: finance and logistics. The Walmart-owned ...
Ecommerce giant Flipkart is reportedly consolidating the offerings of its logistics arm – Ekart. As per an ET report, Flipkart has suspended Ekart’s customer-to-customer (C2C) courier operations. In ...
The logistics arm of Flipkart Group, Ekart has received about $98 Mn (INR 641 Cr) funding. The investment has been led by another Flipkart Group firm, the Singapore based Klick2Shop Logistics Services ...
In a bid to simplify its corporate structure ahead of its speculated IPO, ecommerce marketplace Flipkart has bought back its logistics service company from WS Retail. Earlier in January this year, WS ...
Indian ecommerce major Flipkart’s logistics arm – Ekart – has recently made a shift towards a hyperlocal model. The move on Ekart’s part aims to expand its delivery services to third-party users. To ...
Walmart-owned e-retailer Flipkart said on Thursday it has appointed Gunjan Bhartia as Senior Vice President of Business Finance for eKart, the company’s logistics arm, with a focus on strengthening ...
eKart will offer end-to-end supply chain management solutions including dropship, inventory management, distribution and aggregation to brands, platforms, and businesses Jeeves, Flipkart’s services ...
Ecommerce Major Flipkart has invested around $257 Mn in its logistics subsidiary Ekart, operated by Instakart Services Pvt. Ltd. during the period between October and November 2017, as shown in the ...