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EKART LOGISTICS.

Ahead of sales, Flipkart puts Rs 3.4 k cr in ecommerce unit. Ecommerce company plans deep discounts to gain bigger share of smartphone sales in festive season. 19 Sep, 2018, 08.17AM IST. Udaan raises $225 million from DST Global, Lightspeed to become India's fastest Unicorn. The company, founded by former executives of Flipkart. 3 Sep, 2018, 07.32AM IST. Last mile, new path: Employees at Flipkart are successfully transitioning to new leadership roles. The role of the ecommerce delivery executiv. 24 Aug, 2018, 09.50AM IST. Flipkart delivers Rs 1,632 crore more to its logistics arm Ekart. The company previously received Rs 641 crore from Flipkart during September, ahead of the online retailer’s annual flagship sale. Flipkart's ecosystem true advantage to Walmart: Official. Judith McKenna, Executive VP, President and CEO of Walmart International, on a recent investor call has said the e-commerce market in India, while it is still nascent at 2 per cent penetration, is forecast to grow rapidly. Flipkart wants a 100-acre plot in Bengaluru for logistics. The e-tailer is planning a 4.5-million square feet logistics park, hoping to make it the hub of the company’s operations. Volume growth is healthy but post GST, margins have been flat: Aneel Gambhir, Blue Dart. “We have embarked on various initiatives to stay ahead of competition and raise market share.” Flipkart's old-timer Jha to head Ekart. The e-commerce major's erstwhile COO Nitin Seth was heading Ekart till he was asked to leave abruptly in May. Diversification is next logistics move for slump-hit B2C firms.

Players like Delhivery, Xpress-Bees, and Loadshare have extended their offerings to the B2B segment, currently dominated by the likes of Rivigo and Blackbuck. How ecommerce-focussed logistics companies face myriad challenges impeding their growth. Ecom-focussed logistics cos are battling the twin pressures of adjusting to a new regulatory regime & shrinking business from the country’s largest firms. Flipkart and Amazon violating FDI rules, mobile companies tell Suresh Prabhu. It has revived the row between online and offline retailers. Offline retailers allege that etailers are using foreign capital to provide steep discounts. What companies and government are doing to empower persons with disabilities. India’s largest ecommerce company Flipkart recruiting over 300 differently-abled employees by the end of this year speaks of a growing culture of workplace inclusivity among corporates. Ekart, logistics arm of Flipkart,strengthens top management, appoints two senior executives. Upadhye will report to Ekart head Saikiran Krishnamurthy, while Abichandani will report to Flipkart CFO Sanjay Baweja. Flipkart's Ekart gets Rs 641 crore funding from Klick2Shop. This infusion comes as top ecommerce players in India are strengthening their logistics network to provide smooth delivery of the heavy load of shipments during the festive season. Flipkart in consolidation mode for Ekart, shuts down months-old services. The company has suspended the customer-to-customer courier service within months of its launch. It has also pulled the plug on hyperlocal delivery services being piloted across Bengaluru since March last year.