Flipkart beats Amazon in a user survey

India’s leading e-commerce marketplace, Flipkart has emerged as India’s most preferred e-commerce platform, the company said quoting “E-tailing Leadership Index” of research firm RedSeer Consulting. “With an overall score of 95, Flipkart has been ranked ahead of players like Amazon (87), Snapdeal (66), Paytm (65)...

Flipkart acquires mobile payments firm PhonePe

Flipkart today announced the acquisition of PhonePe, a Bangalore based mobile payments company. Co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari, PhonePe is building India’s first Unified Payments Interface (UPI) based product. UPI, planned to go live in the April, will allow users to...