Archives for Flipkart

eCommerce Heats up In India: Flipkart v. Amazon

Flipkart, hot off raising $1 Billion in its second funding round has gained the attention of retailing behemoth Amazon.  Shortly after Flipkart’s achievement, Amazon announced it would invest $2 Billion to expand business in India, building five new warehouses.  Jeff Bezos commented on the investment, saying Amazon sees “huge potential in the Indian economy and…