Flipkart News

Online retailer Flipkart has introduced 'voice search' feature for its web users. The company is one of the few e-commerce sites in India to introduce this new feature, which is not available on the mobile yet. HomeShop18 has had the voice search plugin for some time now on its portal. Of late Flipkart has been rolling out new features.

E-Commerce company Flipkart has raised $160 million, in addition to the previous $200 million (in July), to build and strengthen technology and enhancing the end-user experience. Investors like Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan Capital and Tiger Global have participated in the present funding. Flipkart's rival Snapdeal had raised $50 million from e-bay in March.

Less than a week after Amazon launched 'Guaranteed one day delivery services,' Indian online mega-store Flipkart has launched its next day guaranteed delivery service. The service promises to deliver the orders the next working day if placed before 6 pm, in select cities (Delhi, Noida, Mumbai, Chennai, Bangalore, Pune and Hyderabad), at an additional fee of Rs.90 per item.

Flipkart India Pvt Ltd reported a net loss of Rs.281.7 crore in the year ended March, much wider than its loss of Rs.109.9 crore in the previous year. However, the revenue have soared five fold to more than Rs.1,180 crore (from Rs.204.8 crore in the previous year).