alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home News Flipkart now under pressure to boost sales and reduce cost

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Residential LandClick Here
 
 
Flipkart now under pressure to boost sales and reduce cost

Flipkart now under pressure to boost sales and reduce cost

Wednesday, April 12, 2017, 7:15 AM

After securing $1.4 billion in fresh capital this week, Flipkart is under pressure to justify the funding by keeping Amazon India at bay and cutting costs. Doing the two things growing sales and reducing expenses at the same time will be one of the toughest tasks Flipkart has faced in its 10-year-history. Currently its monthly burn rate is between Rs.250 crore and Rs.300 crore.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!