Latest funds will be used to make profits, shave off burn: Flipkart
Flipkart board member and investor, Subrata Mitra on Tuesday said money raised through the latest round of funding will be utilised to make profits and shave off company's burn on weekly basis, in a quest to ride its business towards right metrics.
Apr 11, 2017, 10:23 AM IST2017 will be a defining year for Flipkart: Sachin Bansal
2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.
Jan 11, 2017, 12:03 PM ISTFlipkart names former Tiger Global executive head of its core business
India`s leading e-commerce company Flipkart shook up its top management for the second time in a year on Monday, naming a former executive of U.S. hedge fund Tiger Global Management, one of its biggest investors, as head of its core business.
Jan 10, 2017, 08:55 AM ISTRejig at Flipkart: Binny Bansal now Group CEO, Kalyan Krishnamurthy CEO
In a major restructuring, e-commerce major Flipkart on Monday brought all its units under an umbrella firm and elevated Binny Bansal as Group Chief Executive Officer.
Jan 09, 2017, 22:26 PM ISTFlipkart rejigs top order to 'simplify' organisation
Flipkart has rejigged its top deck yet again, carving a bigger role for head of 'category design management' Kalyan Krishnamurthy among other changes, to create a "top-team with clear accountabilities".
Aug 26, 2016, 19:17 PM ISTTop-level recast in Flipkart; Bansal's role expanded, CFO leaves
In significant top management level changes at Flipkart, interim CFO Kalyan Krishnamurthy is leaving the firm and Fashion Head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.
Nov 03, 2014, 21:48 PM IST