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cyber-securityretailartificial-intelligencemachine-learningecommercemarketplaceinnovation-center
Flipkart News
4 articles
India’s Flipkart eyeing Israeli innovation in latest accelerator program | CTech
Indian e-commerce marketplace Flipkart has announced the fourth edition of its cohort, which will focus on the high-tech ecosystem in Israel through the Flipkart Leap Innovation Network (FLIN). The startup accelerator program aims to create a community of entrepreneurs and foster the exchange of innovation with tech startups. The program offers startups at various stages a unique chance to make a significant leap forward and provides access to a rapidly growing market of hundreds of millions of customers. The Flipkart Group began operations in Israel in 2018 after acquiring Upstream Commerce.
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Office Tour: Flipkart Offices - Tel Aviv
Indian e-commerce company, Flipkart, has a new office design in Tel Aviv, Israel. The design, imagined by Liron Moran Interiors, is a blend of culture and color, featuring a variety of materials and elements to create a homely feel. The design includes a brick wall as a nod to the companys early days in New York, wooden chairs and eclectic elements in the kitchen reminiscent of the Jaffa markets and old historic Tel Aviv. The workspace is integrated with seating nooks and small conference rooms.
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Flipkart To Set Up R&D Centre In Israel To Boost Tech Presence: Report
Flipkart is expanding its technology base in Israel by setting up a management team and an R&D centre focused on cyber security, cloud computing, data protection, and evaluating investment opportunities. The move is part of Flipkarts pursuit of AI, computer vision, and security tech in the Israeli market. Walmart, Flipkarts parent company, has also been seeking investment opportunities in Israel. Walmart CEO Doug McMillon recently visited Israel and explored local startups. Flipkarts expansion in Israel follows its acquisition of analytics startup Upstream Commerce six months ago. Major technology companies like Google, Facebook, and Apple have already established offices in Israel.
InvestmentAcquisition
Flipkart acquires Israel-based company Upstream Commerce
Flipkart has acquired Israel-based analytics company Upstream Commerce to provide real-time pricing and product analytics to their sellers. The acquisition strengthens Flipkarts capabilities in providing insights to sellers on selection and pricing. The Upstream Commerce team will continue to work out of Israel, making it one of Flipkarts global centers for data science work. Flipkart previously acquired AI-led speech recognition startup Liv.ai and plans to integrate its technology into the platform. Flipkart recently closed its $16 billion acquisition by Walmart and received an infusion of Rs 3,463 crore.
Acquisition
Flipkart Team
Ariel Snir
VP R&D - Flipkart Israel
Employee Info
| Employees (range) | 11-50 |
| Exact count | 30 |
| Team members | 2 |
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