Flipkart

Flipkart Overview

Flipkart, a subsidiary of Amazon, is an e-commerce and online marketplace. With a registered customer base of over 100 million, offering over 80 million products across 80+ categories, Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns, customer-centric innovations that have made online shopping more accessible and affordable for millions of Indians. In September 2018, acquired Israel-based analytics company Upstream Commerce, which builds cloud-based, automated competitive pricing and product analysis solutions. With its acquisition, Flipkart aims to bring advanced, data science-based intelligent solutions to India to help local sellers boost sales and serve its customers better. Following the acquisition, Flipkart opened an R&D center in Israel to focus on cybersecurity, cloud computing and data protection. .The new center will also scout for acquisitions in the country.

Latest News

Jun 22, 2024 · www.calcalistech.com

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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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Sep 18, 2020 · officesnapshots.com

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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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Apr 2, 2019 · www.moneycontrol.com

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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.

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Sep 25, 2018 · tech.economictimes.indiatimes.com

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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

Team Members

2

Employees: 11-50

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Locations

Arania Osvaldo Street 29, Tel Aviv-Yafo, Israel

India

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