Flipkart Acquires eBay India to Take On Global Gaints Amazon Inc

Flipkart has announced the acquisition of eBay India unit in an all-cash deal and decided to keep it as a separate entity as part of its game plan to compete with its Indian ecommerce arch-rival Amazon. Flipkart’s eBay acquisition will give access to C2C ecommerce market globally. The deal comes as a part of Flipkart’s …

Fishchain Leverages on Ecommerce Tech to Expand Presence in India

  Fish Chain, Bangalore-based startup and a for-profit, social venture has launched Fishchaincat and Chatbot aimed to make seafood available in Bengaluru and expand in a phased manner across India. After having done its pilot operations over a year ago in Coimbatore, the company has now rolled out operations in the city with new technology …