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Even as e-commerce giant Flipkart is expanding its financial services portfolio with credit, UPI and insurance, Krishnamurthy says the aim is to enhance the frequency of transactions on the ecommerce platform, adding that it has no ambitions to become a large payments company. ....
Flipkart started the ESOP buyback programme as the company aims to separate full ownership of its subsidiary, PhonePe, and seeks to attract and retain top talent amidst a challenging funding climate that has led many startups to implement layoffs., Companies News, Times Now ....
Flipkart CEO Kalyan Krishnamurthy’s wife buys villa for Rs 8.04 crore in Bengaluru - The villa covers an area of 4,921 sq. ft in suburban Bengaluru’s Bellandur space and is located in the posh Adarsh Palm Retreat. ....