wordpress blog stats
Connect with us

Hi, what are you looking for?

Flipkart acquires Upstream Commerce for pricing and analysis data

A Flipkart delivery box with a Flipkart sticker

Flipkart has acquired Upstream Commerce for an undisclosed amount. Upstream Commerce is an Israel-based startup, which uses predictive analytics to offer automated competitive pricing and product analysis to retailers. Flipkart says that the acquisition will boost its ability to deliver data insights to sellers and help them optimize their product assortment with real-time pricing. Flipkart said that Upstream would also help it provide a larger product base and better pricing for its users.

The Upstream Commerce team will continue to work out of Israel.

The Walmart backed company will now have presence in Asia, US and Israel, and work data science. Upstream’s technology will be integrated into the Flipkart platform in the next few months, according to a report by the Economic Times.

The acquisition comes a month after Flipkart bought Liv.ai, a speech recognition tech startup that focuses on Indian languages. This is in line with the company’s strategy to invest heavily on emerging technologies, especially in the AI and machine learning sectors, according to Krishnamurthy, per Livemint.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Flipkart on Wednesday launched Flipkart Smartpack, a program that bundles cheap smartphones (in the ₹6,000–17,000 price range) with OTT subscriptions, with a refund for...


Flipkart saw a 35% increase in sellers onboarded in 2020 over the previous year. The sellers came from Tier-2 and Tier-3 cities such as...


The Department for Promotion of Industry and Internal Trade (DPIIT) has forwarded complaints against Amazon and Flipkart, made by traders body Confederation of All...


PhonePe has raised ₹150 crore ($21 million) from its Singapore-based parent entity, two weeks after its majority shareholder Flipkart announced that it would partially...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ