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Over the past few weeks and months, massive changes have taken place at Flipkart, most notably the exit of Flipkart co-founder Binny Bansal. Since Bansal’s exit, Flipkart’s current chief executive Kalyan Krishnamurthy is the undisputed leader at the online retailer, with Myntra and Jabong now reporting into him. In a wide-ranging interview with  Mint , Krishnamurthy talked about a variety of issues, including Flipkart’s growth plans for the next few years, the recent round of headlines surrounding changes at Myntra and whether Flipkart plans to get new strategic investors on board. Edited excerpts: What is your roadmap for the next few years? In the last 10 years,  Flipkart  has been a growth company. Continues to be the same. That is the DNA of the company and that doesn’t change. What has happened in the last couple of years is that we have embarked on a number of multi-billion dollar initiatives - several of them. All of them got seeded in the las...

Both Flipkart and Amazon are offering big discounts and cashback offers on smartphones from Xiaomi, Apple, Samsung, Motorola, Nokia, Honor, and many others.  HIGHLIGHTS Both Flipkart and Amazon are offering big discounts and cashback on smartphones. Flipkart is offering a flat discount of Rs 2,000 Redmi Note 5 Pro. If you want an iPhone under Rs 15,000, Flipkart has the best ever offer for you. The festive season sales are on and they are bringing big discounts on products across various categories including the smartphone segment. Flipkart is hosting the Big Billion Days sale while Amazon is up with its biggest sale of the year aka Great Indian Festival sale. The Flipkart sale kicked off on Oct 10 and will continue till Oct 14, the Amazon sale, on the other hand, started a day early for the Prime members on Oct 9 and will continue until Oct 15. During the sale, smartphones are available at the lowest ever prices. Both Flipkart and Amazon are offer...

India’s long-neglected retail market is turning into one of the world’s hottest thanks to  Warren Buffett ,  Jeff Bezos  and a frenzy of billion-dollar dealmaking. Walmart Inc. just wrapped up a $16 billion agreement for control of the country’s leading e-commerce player,  Flipkart  Online Services Pvt., while Bezos’ Amazon.com Inc. negotiates deals with a large supermarket chain and an investment in a prominent retail conglomerate, according to local media. This week, Buffett’s  Berkshire Hathaway  Inc. agreed to acquire a stake in the company behind digital payments leader Paytm. Why the sudden interest in India? The new optimism is fueled by rising standards of living, increases in smartphone usage and cheap data plans that are boosting internet penetration across the nation. Perhaps most important,  India  is the last big retail market still up for grabs, with an internet economy projected to double to $250 billion by 2020. ...