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Flipkart To Launch Its Own Smartphone – Capture+

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Flipkart To Launch Its Own Smartphone Capture+,Startup Stories,Business News Updates 2017,Technology Latest News and Updates,Flipkart Capture+ Smartphone,Smartphone Capture+ Release Date,Flipkart Billion Capture+ on November 15,Flipkart Billion Capture Plus Smartphone,Flipkart Capture+ Mobile Price and Specifications,Capture+ Phone Features

Flipkart, India’s largest ecommerce platform, is all set to launch its own smartphone Capture+ in November this year. The phone will be produced under its ‘Made For India’ private label arm ‘Billion,’ headed by Group Chairman, Sachin Bansal.

Priced at Rs. 10,999 for the 32 GB model and at Rs. 12,999 for the 64 GB model, the smartphone will be available on the ecommerce platform from 15 November, 2017. According to the Billion Category Head Hrishikesh Thite, the phone has been designed, engineered, manufactured and tested in India.

Capture+ will pack a dual camera with super night mode for capturing pictures in low light and Bokeh effect. Along with a 13 megapixel dual rear camera with dual tone flash and an 8 megapixel front camera, the phone will also support turbocharging with a 3,500mAh battery.  Powered by a Qualcomm SD625 octa core processor with a 4GB RAM, Capture+ will run on stock Android Nougat and will come with unlimited cloud storage and a full HD display. Designed and manufactured by Smartron, Flipkart has tied up with close to 130 service centers across 125 cities across India for its launch. 

Speaking about the new smartphone, Flipkart co founder and Executive Chairman, Sachin Bansal said, “Billion aims to make high quality everyday products accessible to all Indians who are today limited by choice and budget when it comes to world class quality. By making these products in India, we will create an impact on both the manufacturing ecosystem in the country and the skills of young workers. Doing this in the fast growing, high tech segments like smartphones will magnify this impact on the nation.” Bansal further added, more products across categories such as large appliances will also be launched under the Billion brand over the coming months.

Flipkart is the exclusive launch partner of smartphone brands such as Xiaomi, Samsung, Vivo and Oppo. According to the research firm RedSeer Consulting, India is the second largest market for smartphones across the world and Flipkart owns 70% market share of the online smartphones market in India. Currently, the overall smartphone sale accounts for more than 50% of all the ecommerce sale in India.

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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

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Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

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