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Flipkart, Snapdeal & Uber, watch your ads; big brother is after you

2015-10-05 21:11:11| Beverages - Topix.net

According to the Customer Complaints Council of Advertising Standard Council of India , it has upheld 26 complaints of misleading ads from personal and healthcare category, followed by education category with 22 ads. The CCC has upheld two complaints against e-commerce firm Flipkart for claiming MRP of the product higher than the actual printed MRP and then offering it on discounted price.

Tags: you big watch ads

Flipkart ends fundraising round with valuation at USD 15 bln

2015-09-25 09:01:00| Telecompaper Headlines

(Telecompaper) Indian e-commerce company Flipkart has closed its latest fundraising round, with valuation now at USD 15 billion, the Financial Times reported. The company, found by two former Amazon employees, said it recently raised USD 700 million from new and existing investors. Earlier this week, the company announced it had hired Dan Rawson, the former head of fulfilment for Amazon in North America, to manage its logistics and supply chain. Flipkart says it has around 50 million individual customers. In its bid to reach more, the company will put focus now on smaller towns and run vernacular language advertisements, using local celebrities.

Tags: round usd ends valuation

India's Flipkart pulls out of deal

2015-04-14 11:37:21| BBC News | Business | UK Edition

India's biggest online retailer Flipkart pulls out of a controversial deal with phone network Airtel after a social media backlash.

Tags: deal pulls indias flipkart

Flipkart and Amazon eye Biyani company

2015-04-09 04:16:08| Logistics - Topix.net

In the past one year, the stock market has outperformed all other asset classes in India. But brokers do not expect a repeat performance from the mkt.

Tags: company amazon eye flipkart