How Flipkart co-founder Sachin Bansal’s fintech startup Navi lost Rs 14 crore to payment gateway fraud – The Times of India

Flipkart co-founder Sachin Bansal‘s fintech startup Navi Technologies has fallen victim to a payment gateway fraud, resulting in losses of ₹14.26 crore over a two-week period in December 2024.The Whitefield Cyber Crime Police in Bengaluru have launched an investigation after registering a case against unidentified fraudsters.According to a report in The Hindu, scammers exploited a…

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Apple Macbook Air M2, Watch Series 10, Airpods 2nd gen available at lowest ever price in Flipkart sale – The Times of India

Flipkart‘s Monumental Sale is offering attractive deals on Apple products. During this sale, customers can buy the latest Apple devices — like the Watch Series 10 as well as the Macbook Air powered by the M2 chipset and the 2nd generation AirPods at their lowest prices ever. The Republic Day sale of the Walmart-owned e-commerce…

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It’s official: Dunzo founder makes the Reliance to Walmart ‘switch’ – Times of India

Kabeer Biswas, co-founder of the Reliance-backed hyperlocal delivery startup Dunzo, is joining Flipkart to lead its quick commerce business, Minutes. This move follows months of discussions between Biswas and the e-commerce giant.Biswas, who played a crucial role in building Dunzo into a prominent player in the hyperlocal delivery sector, will be joining Flipkart on January…

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Google parent Alphabet gets CCI’s clearance to acquire stake in Flipkart, here’s what the order says – Times of India

The Competition Commission of India (CCI) has granted approval to Google parent Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. The proposed transaction comprises investment through subscription of shares of Flipkart Private Limited by Shoreline International Holdings LLC; and an arrangement between an affiliate of Alphabet and Flipkart’s…

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ED conducts pan-India raids on sellers using e-commerce platforms Amazon, Flipkart | India News – Times of India

NEW DELHI: The Enforcement Directorate (ED) on Thursday launched a series of searches across India targeting certain vendors operating on major e-commerce platforms Amazon and Flipkart, according to PTI sources.The raids, part of an ongoing probe under the Foreign Exchange Management Act (FEMA), spanned multiple locations, including Delhi, Gurugram, Hyderabad, and Bengaluru.According to officials, the…

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Flipkart claims 3 users got iPhone 13 at Rs 11: Read what the company said to those who couldn’t get the deal – Times of India

Flipkart is facing users’ backlash for a promotional deal that advertised iPhone 13 for Rs 11. Part of the upcoming Big Billion Days sale, Flipkart teased iPhone 13 for iPhone 13 at 11pm under its ‘Fastest Fingers First’ offer. Buyers, who expected to snag the iPhone at an ‘unbeatable price’ were left disappointed and frustrated…

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iPhone 15 at Rs 50,000? The likely mega deals on top-end mobile phones in Flipkart’s Big Billion Days sale – Times of India

Flipkart Big Billion Days 2024 will be soon available for Plus members. The sale will start exclusively for Flipkart Plus members on September 26, midnight. Meanwhile, everyone else will get access to deals and offers starting September 27. At this sale event, multiple flagship smartphones including iPhone 15 series and Google Pixel 9 series models…

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E-commerce speeds up to catch up with Quick commerce – Times of India

MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories – the domain of e-commerce companies- and enter smaller cities, getting more consumers accustomed to the convenience of 10-minute deliveries has never been more important. SoftBank-backed Meesho has tripled its delivery capacity and is enhancing speed,…

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